Performance Management Essays (Examples)
Study Document
Walt Disney
… it has to be directional. Once the direction is defined, the parenting strategy has to be defined: this is the “manner in which management coordinates activities, transfers resources, and cultivates capabilities among product lines and business units” (Wheelan, Hunger, Hoffman & Bamford, 2010, p. 5). The strategy … Disney handled the rollout of the new Star Wars films after acquiring the brand. Disney needs to do a better job of monitoring performance in this regard and one way to measure its performance is to assess the fallout on social media, where fans are voicing their opinions of Disney’s take on Star Wars in no uncertain … its Disney original series The Mandalorian. Fans have responded favorably to this move, and it shows that Disney is paying attention to the performance of Marvel’s track record. Yet, there is also the problem of how Disney is promoting a secular politically correct……
References
References
Wheelen, T. L., Hunger, J. D., Hoffman, A. N., & Bamford, C. E. (2010). Strategic management and business policy. Upper Saddle River, NJ: Prentice Hall.
Study Document
Aging Workforce
… and how to face resistance within the organization when changes are inevitably made to accommodate the aging workforce so as to enhance their performance and maximize their potential. It also looks at the positive side of having an aging workforce and why more people should work later … workplace
Introduction
The workforce is aging in the 21st century (Heggeness, Carter-Johnson, Schaffer, & Rockey, 2016). An aging workforce presents certain challenges for management in today’s workplace. Not only does it mean that the workplace will consist of multiple generations of workers, each with their own strengths … with having an aging workforce. Most of these risks can easily be addressed and require simply a little accommodation on the part of management.
To prevent issues like ageism from rearing up, however, managers should discuss the importance of diversity and inclusivity in the workplace. Just because … see the value in staying……
References
References
Burtless, G., & Quinn, J. F. (2002). Is working longer the answer for an aging workforce? Working Papers in Economics, 82.
Ciutiene, R., & Railaite, R. (2015). Age management as a means of reducing the challenges of workforce aging. Engineering Economics, 26(4), 391-397.
Heggeness, M. L., Carter-Johnson, F., Schaffer, W. T., & Rockey, S. J. (2016). Policy implications of aging in the NIH-funded workforce. Cell Stem Cell, 19(1), 15-18.
Koh, T. Y., Rowlinson, S., & Pollock, S. (2019). Dealing with Ageing Workforce in the Hong Kong Construction Industry: an Initial Exploration. Proceedings of the Creative Construction Conference (2019) 091
Lassila, S. (2019). Managing Risks of an Aging Workforce. Construction Executive, 2020. Retrieved from https://constructionexec.com/article/managing-risks-of-an-aging-workforce
Perry, L. S. (2010). Designing the workplace for the aging workforce. White paper, Zurich in North America, Retrieved December, 20, 2010.
Schwartz, J., Monahan, K., Hatfield, S. & Anderson, S. (2018). No time to retire redesigning work for our aging workforce. Deloitte.
Streb, C. K., Voelpel, S. C., & Leibold, M. (2008). Managing the aging workforce:: Status quo and implications for the advancement of theory and practice. European management journal, 26(1), 1-10.
Study Document
Workplace Trends And Changes
… a profession that is generally socially seen as being work that women excel at. Men tend to pursue careers in engineering or in management or in information technology—professions where there is a lot of critical thinking going on. The Administrator must be conscious of this fact and ……
References
Works Cited
Ghaffary, S. Political tension at Google is only getting worse. Vox, 2019. https://www.vox.com/recode/2019/8/2/20751822/google-employee-dissent-james-damore-cernekee-conservatives-bias
Kreager, Derek A., and Jeremy Staff. "The sexual double standard and adolescent peer acceptance." Social psychology quarterly 72.2 (2009): 143-164.
Nilsson, Warren. "Positive institutional work: Exploring institutional work through the lens of positive organizational scholarship." Academy of Management Review 40.3 (2015): 370-398.
O'Neil, Adrienne, et al. "The# MeToo movement: an opportunity in public health?." The Lancet 391.10140 (2018): 2587-2589.
PLBSH. Yes, Men Can Be Sexually Harassed In The Workplace. PLBSH, 2019. https://www.plbsh.com/yes-men-can-be-sexually-harassed-in-the-workplace/
Wong, N. & Chin, Y. “Issues and Challenges Faced by Generation X While Managing Generation Y.” International Journal of Business and Social Science 7.2 (2016): 167-170.
Study Document
Stress In The Workplace
… stressed at work. Dealing with other workers who feel stressed can compound stress and make it contagious in a sense.
Stress affects my performance in different ways. It can make me short with people: I will have less patience with them and be short-tempered. It can make … distracted by the thoughts that are related to the stress—for example, my deadline, or my family, or whatever is causing it.
Some stress management methods that I have not implemented before and that are of particular interest to me include anything that allows me to have a … Since stress often makes people feel constrained, creative exercises can give people a set of allegorical wings and help them to feel free.
management tactics to reduce stress in the workplace should therefore include creating a stress-free zone in the work—such as a place for sleep pods ……
References
References
Coade, M. (2018). Professional development: Career: Matters. LSJ: Law Society of NSW Journal, (49), 44.
Victoria State Government. (2019). Work-related stress. Retrieved from https://www.betterhealth.vic.gov.au/health/healthyliving/work-related-stress
Study Document
Motivation In The Workplace
...Performance management 1
Motivation in the Workplace: Recommendations for Case Study Analysis
Addressing Motivation
In order to transform the group at Acme into a working, successful, productive group, they must be motivated. Motivation begins, first, with having a sense of what is expected of one. Transformational leaders must be able to communicate a vision to workers, inspire them to want to be part of that vision and to pursue, provide them with the needed emotional and social support so that they will engage, and give them the logical reasons for why embracing the change is necessary (Xirasagar, 2008). For the workers at Acme, it is clear the goals, objectives and purpose for the group have not been defined. Until these are defined, the workers will not be motivated. Motivating them, therefore, hinges upon their knowing what they are expected to achieve.
Second, motivation can come in terms of extrinsic or intrinsic inputs—i.e.,……
References
References
De Vries, M. F. K. (1998). Charisma in action: The transformational abilities of Virgin's Richard Branson and ABB's Percy Barnevik. Organizational Dynamics, 26(3), 7-21.
Gerhart, B., & Fang, M. (2015). Pay, intrinsic motivation, extrinsic motivation, performance, and creativity in the workplace: Revisiting long-held beliefs. Annual Review of Organizational Psychology and Organizational Behavior, 2, 489-521
Kotter, J. P. (2012). Accelerate! Harvard Business Review, 90(11), 44–58.
Mahmood, M. (2015). Strategy, structure, and HRM policy orientation: Employee recruitment and selection practices in multinational subsidiaries. Asia Pacific Journal of Human Resources, 53(3), 331-350.
Xirasagar, S. (2008). Transformational, transactional and laissez-faire leadership among physician executives. Journal of Health organization and management, 22(6), 599-613.
Study Document
Globalization Of Insurance
… hubris, FASB has attempted to serve the needs of all three fields at the expense of manager or owner needs for control and performance measurements” (p. 40). With fair value accounting there is no degree of comparability as “each manager would be required to make his or ……
References
References
Egan, M. (2018). Tax cut triggers $437 billion explosion of stock buybacks. Retrieved from https://money.cnn.com/2018/07/10/investing/stock-buybacks-record-tax-cuts/index.html
Flegm, E. H. (2008). The Need for Reliability in Accounting. Why historical cost is more reliable than fair value. Journal of Accountancy, 205(5), 34.
Healy, P. M., Palepu, K., & Serafeim, G. (2009). Subprime Crisis and Fair-Value Accounting. HBS Case, (109-031).
Laux, C., & Leuz, C. (2010). Did fair-value accounting contribute to the financial crisis?. Journal of economic perspectives, 24(1), 93-118.
Light, L. (2019). More than Half of All Stock Buybacks are Now Financed by Debt. Here’s Why That’s a Problem. Retrieved from https://fortune.com/2019/08/20/stock-buybacks-debt-financed/
Reda, J. (2018). How Stock Buybacks Can Affect Executive Compensation. Retrieved from http://clsbluesky.law.columbia.edu/2018/08/03/how-stock-buybacks-can-affect-executive-compensation/
Young, M. R., (2008). Both sides make good points. Journal of Accountancy, 205(5), 34.
Vaughan, E. J., & Vaughan T. M., (2013). Fundamentals of Risk and Insurance, 11th Edition.
Study Document
Elon Musk And Power At Tesla
...Performance management Tesla is a company that has had at least a 5 year relationship with its CEO Elon Musk. Up until recently Musk was also Chairman of the Board. He was removed from his role as Chairman as part of a settlement with the Securities and Exchange Commission (SEC). The settlement resulted from charges filed by the SEC relating to securities fraud when Musk’s public Tweet on Twitter about taking the company private and that he had “funding secured.” The statement was shown to be a lie (Gaydos, 2018). Musk settled with the SEC and paid a hefty fine and Robyn Denholm replace Musk as Chairman of the Board. Denholm had been a Board member for five years up to that point (Porter, 2018). Thus, up until Musk’s run-in with the SEC in 2018, he had been both CEO and Chairman of the Board—which can serve as a conflict of interest,……
References
References
Abels, P. B., & Martelli, J. T. (2013). CEO duality: how many hats are too many?. Corporate Governance: The international journal of business in society, 13(2), 135-147.
Dickins, D. (2010). CEO and COB duality: Does it matter. Internal Auditing, 25(4), 35-38.
Gaydos, R. (2018). Elon Musk may have violated Tesla’s conduct and ethics code after smoking up in podcast interview: report. Retrieved from https://www.foxnews.com/tech/elon-musk-may-have-violated-teslas-conduct-and-ethics-code-after-smoking-up-in-podcast-interview-report
Porter, J. (2018). Tesla has found a new chairperson to replace Elon Musk. Retrieved from https://www.theverge.com/2018/11/8/18074800/tesla-new-chair-2018-robyn-denholm-elon-musk
Yang, T., & Zhao, S. (2014). CEO duality and firm performance: Evidence from an exogenous shock to the competitive environment. Journal of Banking & Finance, 49, 534-552.
Study Document
Recruitment Of Talented Employees
Recruiting and Attracting Talent:
Using HR to Improve Company performance
A commonly cited cliché is that an organization is as only good as its people; in other words, that talent and organizational performance go hand-in-hand. This is even truer today than it has been in past eras, as companies must strive to differentiate themselves from other … from how companies attract customers, creating a communication feedback loop from employees about the responsibilities they desire and how the company can improve performance in key areas can be useful (Bajic, 2013). A company cannot know how to improve itself in terms of attracting talent if it … about their personal priorities, which were then used to define company goals and leadership objectives, companies showed a notable spike in retention and performance. Just as employees must……
References
References
Bajic, E. (2013). The 6 steps for retaining good employees. Forbes. Retrieved from:
https://www.forbes.com/sites/elenabajic/2013/07/15/the-6-steps-for-retaining-good- employees/#63a92aa5721f
Fallon, N. (2016). 6 steps for learning how to recruit the best talent. Business News Daily.
Retrieved from: https://www.businessnewsdaily.com/6252-tips-for-recruiters.html
Keller, S. & Meaney, (2017). Attracting and retaining the right talent. McKinsey. Retrieved
from: https://www.mckinsey.com/business-functions/organization/our-insights/attracting - and-retaining-the-right-talent
Williams, D. & Scott, M. (2012). Five ways to retain employees forever. Harvard Business
Review Retrieved from: https://hbr.org/2012/11/five-ways-to-retain-employees
Study Document
Organizational Concepts
… (Ahmed, 2019). The organization can also choose to break down its mission into more specific parts, explaining factors like its operating goals, overall performance objectives, use or allocation of resources, position in the marketplace, and more (Daft, 2013). Its mission statement will typically reveal the organization’s role … the structure of the organization. By the same token, the structure of the organization will have a strong and immediate bearing on its performance. Organizational structure is most easily defined as its hierarchy or “patterns of authority,” although there is much more to structure than simple chain ……
References
References
Ahmed, A. (2019). Importance of mission vision in organizational strategy. The Chronicle. Retrieved from: https://smallbusiness.chron.com/importance-mission-vision-organizational-strategy-16000.html
Daft, R.L. (2013). Organizational theory and design. Boston: Cengage.
Metcalf, T. (n.d.). Contingency theory of organization. The Chronicle. Retrieved from: https://smallbusiness.chron.com/contingency-theory-organization-73865.html
Morgan, G. (2006). Images of organization. Thousand Oaks, CA: Sage.
Sire, J.W. (2009). The universe next door. Intervarsity.
Suhomlinova, O. & Currie, G. (2016). Organizational contingencies. The Blackwell Encyclopedia of Sociology. Retrieved from: https://doi.org/10.1002/9781405165518.wbeoso019.pub2
Study Document
Vision And Mission Statements Strategic Planning
… for tomorrow.
Therefore, vision statement for Saint Francis de Sales Schools should be: To be the number 1 leader in secondary school academic performance and all-around accomplishment in England.
The mission statement for Saint Francis de Sales Schools should be: 1) To form well-rounded students by adopting ……
References
References
Kim, W. C. & Mauborgne, R. (2002). Charting Your Company’s Future. Harvard Business Review, June 2002. Harvard Business School, Boston, MA
Klag, M., Giroux, H., & Langley, A. (2012). Strategic planning at Saint Francis de Sales Schools. International Journal of Case Studies in Management (Online), 10(2), 1-20.
Kouzes, J. & Posner, B. (1996). Envisioning your Future: Imagining Ideal Scenarios. Futurist, 30, 14.
Mullane, J. V. (2002). The mission statement is a strategic tool: when used properly. Management Decision, 40(5), 448-455.
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