You have recently been appointed as the Director of the Human Resources Department within the UK head office of a well-known global financial company. You have been asked to prepare a report for the Head Manager on the following issues aimed at managing employees in order to sustain and maintain organisational effectiveness:
This assignment is designed to assess two of the Module’s Learning Outcomes:
LO1. Recognise and assess factors which impact an organisation’s internal environment.
LO2. Evaluate the application of management and leadership theories.
This assignment is also dually accredited with the Chartered Management Institute unit 501 Principles of Management and Leadership.
The CMI learning outcomes for the unit are:
Students have an option to pay a membership fee and register with the CMI which is a part of a dually accredited programme leading to a CMI Level 5 Certificate in Management and Leadership.
Word Count
The word count is 2000
Internal Factors:
1. The company culture - the values and beliefs that are held by the organisation's leaders and employees affect how work is done and how decisions are made. If there is a strong focus on productivity and profit at the expense of employee well-being, this can lead to an unhappy, unproductive workforce.
2. Employee satisfaction - employees who are happy with their jobs are more likely to be productive and stay with the company for a longer period of time. Satisfied employees are more likely to be engaged in their work and take pride in their accomplishments.
3. Communication - good communication between managers and employees is essential for a successful workplace. Employees need to feel that they can approach their managers with any questions or concerns they may have, without fear of retaliation. Managers need to be able to give clear instructions and feedback to employees in a timely manner.
4. Training and development - employees who feel that they are constantly learning and developing new skills are more likely to be engaged in their work. Employers should offer training and development opportunities to all employees, not just those who are in management positions.
External Factors:
1. Economic conditions - when the economy is good, businesses have more money available to invest in new projects and employee training programs. When the economy is bad, businesses may have to lay off staff or freeze hiring plans in order to save money.
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