Wednesday, November 20, 2019
MGT WK5 GROUP ASSIGNMENT Essay Example | Topics and Well Written Essays - 750 words
MGT WK5 GROUP ASSIGNMENT - Essay Example Visionary and proactive. Empathy. Integrity. Risk taking. Creativity Goal oriented. Similarly, the above characteristics will facilitate heir ability to maintain personal relationship with employees and delegation of responsibilities therefore building ateam.Agood leader should be goal oriented and should be at apposition to exhibit emotional maturity meaning emotional intelligence. The most common control mechanism is employee incentive and remuneration. It is found to be common since it s applied by most business organizations. Employee incentive entails; respect, recognition, responsibility, empowerment, social needs and salaries and remuneration (Bateman & Snell, 2009). Leading is a function of management which requires a leader to encourage employees to be highly productive and innovative. In its relation to control management, it affects the leading function of management in that it allows management to encourage employees to share their values and beliefs of the business. Lead ing works hand in hand with employee incentives in many ways and even by recognizing motivation theory and management which includes; basic needs, social needs, safety and security, esteem needs and finally self actualization. Control recognizes the fact that employees should be rewarded for their hard work and efforts (Bateman & Snell, 2009). ... els of absenteeism (d) Increased job satisfaction (e) Create confidence among employees (f) Reduces human resources costs and production costs (g) Reduces complains and grievances In relation to basic needs, effective control provides employees with reasonable pay so that they can afford some basic needs. The manager can also provide lunch if possible to employees. It ensures of employees job security and offers management to increase productivity, encourage innovation, values and beliefs of company. When utilized properly by companies as in our case, B Company, the employee incentives are found to be positive control mechanism. According to Bateman &Snell (2009), incentive programs are used to control productivity of employees through encouragement and rewards. In the case study of B&BCompany, it offers several rewards to its employees including health insurance, vacations, wellness programs and retirement benefits. It also provides stress management and opportunities for further tr aining and education. These incentives provide satisfaction while allowing management to apply control over human capital. B&B Company as any other organization recognizes its employees as one itââ¬â¢s major assets. Therefore they are safeguarded as well. On the other hand policies re installed by the management of this company to ensure that employees are protected rumors or informal communication which might be misleading. Room for informal groupings is also allowed in this company. Effective control recognizes efforts of employees, providing employees with titles and promoting the accordingly. It also provides for achievement of plans and should ensure that employeesââ¬â¢ ego arenââ¬â¢t damaged. Control mechanism should provide for opportunities for self development. That is allowing employees
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