PRASANNA'S MBA

  Critical review of Scientific Management   Adopted from helptostudy.com   Scientific Management is a theory of management that analyzes work flows in order to improve economic performance, especially labor productivity. This theory of management, founded by Frederick Winslow Taylor, was popular in the U.S. manufacturing industry in the 1880s and 1890s. Scientific management eliminated the need for skilled labor by delegating each employee one simple task to repeat over and over. Although this method increased the productivity of factories, it stripped employees their freedom to choose their work, as well as how it should be done. (Ireh, 2016). Scientific management, although stressed people post match, more focus on jobs, rather than people, each post have standardized operation process and method, the workers have to do is training well according to the standard operation procedure to finish work, but i...

  Transformational leadership and its impact on organisational performance Adopted from culcjaychae.wordpress.com   Transformational leadership is a leadership style in which leaders encourage, inspire and motivate employees to innovate and create change that will help grow and shape the future success of the company. This is accomplished by setting an example at the executive level through a strong sense of corporate culture, employee ownership and independence in the workplace (Lam, 2002). Each organization has its own goal, and workers have to utilize different control activities and effective operation to achieve their organizational goal. Performance indices are an instrument to evaluate goal achievement. In the for-profit organizations, performance is to measure revenue, production, and profit making (Lee, 1996). Morrow (2003) proposed that transformational leader will help to promote employees’ work abilities, organizational involvement, self-determination, ...

  Changing Trends in Performance Management   Adopted from digital HR tech   What Is Performance Management? Performance management is a tool for organizational management that lets managers track the work of employees and assess them. The aim of performance management is to create an atmosphere where people can perform most effectively and efficiently to the best of their ability to achieve the highest quality work (Armstrong, 2010) . Use of Performance Management A formal performance management program enables managers and workers to see eye-to-eye about priorities, goals, and career development, including how the work of individuals aligns with the overall vision of the organization. Generally speaking, in the sense of the wider workplace system, performance management considers people (Bowen & Ostroff, 2004) . New trends in performance Management As we enter a new decade, mental wellbeing and well-being treatment for workers will be one of the m...

  Employee - Employer Relationship Photo from business 2 community The legal link between employers and workers is the employment relationship. It occurs when in exchange for remuneration, an individual performs work or services under certain conditions (Armstrong, 2014) . Employer and employee relations should usually be mutually respectful. The degree of closeness would depend on both the employer and the employee in these relationships. Many employers want to keep their workers at a distance and in doing so, make sure there is no misunderstanding as to the hierarchy between them. Others tend to become more social with their workers, seeing this as a way to improve employee morale (Abraham, 2009) . For instance, Google has a unique relationship between employer and employee. This isn't the usual business collaboration. In reality, we can only see that it looks more like an adult playground, not a place for work, by looki...

  Trade Unions Image from dailypachali.com What is a Trade Union? Trade unions are organizations of workers that seek through collective bargaining with employers to: ·        Protect and improve the real incomes of their members ·        Provide or improve job security ·        Protect workers against unfair dismissal and other issues relating to employment legislation ·        Lobby for better working conditions ·        Offer a range of other work-related services including support for people claiming compensation for injuries sustained in a job. (International labor Organization, 2017) Trade unions, also referred to as labor unions, organizations of employees in a specific trade, industry or business created by collective bargaining for the purpose of enhancing wages, benefits, working conditions or social and...

  Transactional leadership and its impact on the organizational performance Adopted from blog.aiesec.org   Leadership in the organization is considered as vital factor in the success or failure of organization. Leadership is distinct as capacity of a individual to pressure a group towards the achievement of goals. The   change   in   leadership   takes   place when   supporters   obtained   necessary   skills   to   achieve organizational goals (Bass, 2008) The organizational success is dependent upon the ability of Leadership as how to achieve organizational goals. Effective leadership can enable better participation employee labor force and enhances company performance (Charry, 2012). It   is   observed   that effective   leadership   has   substantive   impact   on   the organizational   development   and   growth   of   the organization ...