Employee Well Being and Company Performance Employee well being has become an area of focus by many governments and corporations. Most people in the corporate sector regard it as part of the government mandate to ensure that employee well being related legislation is adhered to accordingly (Page & Vella-Brodrick, 2009). Scholars have argued that employee well being plays a crucial role in economic development and insist that organizations need to streamline their operations and business process in consideration to the well being of their employees. Research has also shown that there is a close relationship between employee well being and the effective and efficient performance of human resources in an organization (Tripathi, 2011). This implies that employee well being influences a company’s performance and growth positively. This means that the profitability of a company is affected in absolute and relative terms if it focuses on the employee-well being. Moreover, the level of competitiveness in the international business environment is a motivation for companies to implement human resource management measures that focus on improving employee well being. This is aimed at…
Effective and Productive Communication in Company Introduction It is through communication that issues affecting the company will be raised and channeled to the right person(s) who will give the feedback (solution). For example, complaints from customers about poorly prepaid food in a hotel will reach the manager either when reading the notes dropped in the complaint/suggestion box or the waiters reporting the matter. Upon receiving the information, the manager will take action by convening a meeting with the chef to discuss the complaints before coming up with the solution. Therefore, effective and productive communication is characterized by open channels when information is sent and feedback given for immediate action. The purpose of this research is to examine the significance of effective and productive communication for a company to achieve the objectives and goals set. The importance of the research will provide recommendations for improving effective and productive communication within an organization. Literature review According to Agarwal and Garg (2012), communication refers to the process of exchanging information, thought, and emotion between the sender and the receiver, see appendix 1. According…
Company Summary Persian Interiors is a startup enterprise that will offer comprehensive interior design solutions for homes and offices. The venture will help clients looking for assistance to develop the interior design from concept to implementation. Persian Interiors will enable clients to purchase new artwork, antique furniture, home accessories, as well as decorator fabric for their space. The website www.persianinteriors.com will be used to market the brand of the company online as well as to list a portfolio of finished projects. The enterprise is expected to start as a home-based business for the first three years. The business is registered in Jeddah Saudi Arabia and operated by its owner. The sole proprietorial company is launched in a room dedicated to providing client contact area, work support area, and display area to showcase products, designs, and past work for the walk-in clients. Persian Interiors has a defined target market which will form the basis of building this enterprise. The client is defined as the same for both residence and office space. Effective marketing strategies combined with optimal offering is key to…
British-Dutch transnational company Corporates generally are managed by a board elected by the shareholders who then appoint the professional managers to run the organization. However, different countries have different policies which differ in terms of these differences. Unilever, for example, is a British-Dutch transnational company dealing with consumer products such as beverages, beauty commodities, energy drink and food. It has its headquarters in two countries; England and the Netherlands. Unilever group has two companies, the NV and the PLC. The boards of the two are one-tier boards where there is the executive directors and also the non-executive directors (Jones et al., 122). The boards are the ones to decide on the number of both the no-executive and executive directors. The shareholders pick the directors during the general meetings of both NV and PLC. This system is in contrary to the German system of corporate governance and the Japanese system. In the German system, employees are the main stakeholders and therefore, they participate in the management of the organization. It has two boards; supervisory board which is elected by the shareholders…
Microsoft Company Development in the Gaming Industry The Microsoft company is among the renowned company worldwide for its success, and unique products since Bill Gates and Paul Allen founded it in 1975. The Microsoft company’s major divisions are based on the development of smart clouds and personal computing applications, manufacturing and licensing software products, software development tools, among other services that applicable in today’s technology devices. The company’s products have continued to improve and dominate their categories in the market, and they include Microsoft office Xbox, DirectX, Microsoft windows, and games. The release of Xbox in 2001 and later the Xbox Live in 2002 marked Microsoft’s journey of releasing a series of improved game consoles in the market. The company also released the Xbox 360, which was a more powerful gaming console in 2005 to counter competition in the gaming market. The intense competition saw the Microsoft company struggle to make profits from its console until 2009 when it reduced the price of the Xbox 360 Elite by almost 25% (Hall & Zachary, n.d.). The Xbox contributes to significant revenues…
Report Analysis for A2M Company Introduction A2M is a company that produces milk products, i.e., those that contain A2 beta-casein protein type only. The company is passionate about inspiring people to lead healthy lives by encouraging the consumption of natural products as well as pioneering the understanding of A2 beta-casein protein type products. A2M provides A1 protein-free dairy-based products consistently in high quality. A2M has predominately continued to diversify its generic Australian fresh milk to include complex dairy products (e.g., infant formula) to offer to different markets compared to the time of its early years. The diversification strateg22y has ensured the A2M company gets a bedrock (foundation for) of dairy products determined to foster growth as well as increase its core competencies. The following is the analysis of trends, liquidity, efficiency, profitability, gearing, and investment for the A2M company. Company Analysis Analysis of ratios and trends is a valuable tool for A2M as far as decisions on investments are concerned. Profitability employs several scenarios to view the company’s productivity from different angles. In the A2M company, the profit margin of…
Company analysis Students are asked to produce a 1,500 to 2,000-word report to analyze a company of their choice, limited to the list of companies distributed during the course. In the report, students need to provide conclusions, how you assess company’s standing and future performance. More specifically, the report will encompass (1) ratio analysis (the ability to calculate ratios is important, the real value of ratios lies in the insight that can be gleaned from them, so it is the interpretation of ratios and comparison to company’s competitors that matters more), (2) an evaluation of the current and future business performance based on the recent and planned strategic decisions, investments and financing decisions (while it is a must to discuss how the company plans to grow itself in the near future, it is not a requirement to forecast free cash flows even though such analysis will be seen in positive light), and (3) discussion of the ethical and sustainable aspects of the business (impact of its operations on Ethics, Sustainability, and Responsibility, as the market is nowadays paying an increasing…
Company Data Analysis and decision The Business Model Canvas Key Partners · Nigeria Breweries relies significantly on financial institutions such as banks to help in managing their financial assets and operations. More specifically, the partnerships with the banks are meant to help them in obtaining their products from both local sources and international imports. · The company also has numerous other third partners who help in implementing servicing operations for the company. Such parties include distributors, sales agents, and other stakeholders, ranging from the government to other private and public institutions. · Farmers also play a vital role in the company’s partnership since they provide the brewery with the required raw material for manufacturing the underlying commodity. Key Activities The company is actively involved in the brewing of different kinds of drinks such as lager, malt, non-alcoholic beverages as well as soft drinks. Also actively done by the company is the marketing of the products mentioned above as well as selling the products. Other equally significant activities conducted by the company include running export businesses as well as…
company’s culture The organization should strive to create a positive culture. This is vital since it contributes towards the improvement of the organization’s performance and productivity in the ever-changing environment set. Companies with positive organizational culture are usually rewarded with more satisfied customers, and they usually attract top talent staff. The attraction of top talent guarantees the organization’s continuous excellence in the competitive environment. Therefore the company’s culture is highly influenced by the organization’s principles and values, employee personalities, and the style of management embraced by the organization (Barchiesi & Bella, 2014). These factors are imperative since they determine whether the organization will succeed as going concern in the competitive environment. The core values that I will ingrain in the company culture; hence they include, commitment to sustainability. This core value emphasis on taking care of the ecosystem to prevent environmental degradations for future generations (Cho & Lim, 2018). Emphasizing sustainability will contribute towards the effective management of wastes, water, and energy conversation. Accountability and transparency; these core values are imperative since they ensure that the company operates in ethical…
importance of employees in a company and their role The paper explains the importance of employees in a company and the critical role played by the employees as far as performance is concerned. The article is concerned with exploring and finding out the relationship between employees’ engagement and organizational performance based on the non-financial factors. The report emphasizes the employees’ commitment as far as the long-term performance of employees is concerned. Employees’ satisfaction is also suitable for organizational performance. Employees must be allowed to have a contribution to the company in terms of their ideas and feeling regarding company performance. The article supports my arguments that employees’ motivation is critical for success and performance of a company. As per my arguments, I reported that lack of morale among employees at the packaging department was a contributing factor towards the poor productivity at the company. The article as well elaborates on accommodating the employees by the managers where I highlighted on the team management. The most important aspect of the article has been highlighted in the methodology and research section. The…