What does viewing staff as assets mean?
Investing in training and development, recognizing employees as valuable contributors.
A flexible workforce helps businesses adapt quickly to changing demands and optimize operational efficiency.
Understanding these concepts is vital for defining roles and communication flows within the business.
Efficiency and Motivation: Tall structures may reduce motivation due to bureaucracy; flat structures can empower employees but cause role ambiguity. Appropriate structure depends on business size, strategy, and culture.
The Success Driver: Motivated employees are more productive, creative, and loyal, driving business success.
Key theoretical models that explain human behavior and drive in the workplace.
These methods focus on improving job satisfaction and sense of purpose.
Different situations demand different approaches to directing staff.
What does viewing staff as assets mean?
Investing in training and development, recognizing employees as valuable contributors.
What does viewing staff as costs emphasize?
Minimizing employment expenses and seeing labor as just another expense.
What is multi-skilling in a flexible workforce?
Training employees to perform multiple roles for flexibility and reduced downtime.
Name two types of flexible workforce arrangements.
Part-time/temporary work and flexible hours/home working.
What is dismissal?
Termination of employment due to employee’s fault or performance issues.
What is redundancy?
Termination because the job or role is no longer needed.
What is the individual approach in employer/employee relationships?
One-on-one negotiations between employer and employee.
What is collective bargaining?
Negotiations between employer and employee representatives (unions).
What are the benefits of internal recruitment?
Motivates current employees and fills vacancies with known skills.
What is a downside of external recruitment?
Higher costs and risks with new hires.
What costs are involved in recruitment and training?
Advertising, interviewing, induction, lost productivity, and training expenses.
What is induction training?
Introduction to company culture and the employee’s role.
What is the difference between a tall and flat organizational structure?
Tall has many layers and narrow control spans; flat has few layers and wide spans.
Name two motivation theories.
Maslow’s Hierarchy of Needs and Herzberg’s Two-Factor Theory.
What is a key feature of Taylor’s Scientific Management?
Financial incentives to increase task efficiency.
Give one example of a financial incentive.
Commission, bonus, or piecework pay.
What is delegation in motivation techniques?
Assigning responsibility to increase employee autonomy.
What is the difference between management and leadership?
Management plans and controls; leadership inspires and motivates.
What is an autocratic leadership style?
Leader makes decisions alone, suitable for urgent situations.