Business Management -- Speech Outline
If you wish the same writer on future orders, please request
"FreelanceWriter" in the first line of your order description.
SPEECH OUTLINE -- BANKING PERSONNEL Management ISSUE
Attention Step
Introduction
Recommendations
Recommended Solution -- Increase Compensation to Increase Retention
Increasing compensation is the best solution.
Banking employees generally have a transactional perspective of their relationships with their employing organization and employers.
Transactional motivation is primarily a function of compensation satisfaction.
In transactional relationships between employees and employers, compensation level is the primary reason that employees accept employment offers, contemplate changing jobs, and entertain alternative options in that regard.
Cognitive dissonance allows better paid employees to maintain a more positive attitude toward their positions and increases their willingness to work hard.
Increasing compensation improves employee attitude and morale in two specific ways: by (1) enhancing their sense of being appreciated by their employer, and (2) making the most direct positive contribution to their practical life priorities.
Increasing non-monetary benefits is less effective unless they are substantial enough to match the benefit of direct compensation increases.
Ideally, calculation of compensation rate increases should incorporate length of employment to encourage and reinforce long-term tenure by connecting rewards directly to the desired outcome.
Providing additional promotional opportunities would be the least effective solution because, by definition, it can only benefit a small percentage of the workforce.
The greater the increase in compensation, the more beneficial the initiative will be to achieving the organization's objectives.
In the long run, increasing compensation may be less expensive than the other solutions because high turnover rates contribute substantially to overhead costs in the areas of recruitment, hiring, and training expenses.
In the long run, increasing compensation may enhance organizational effectiveness because long-time tenure among personnel directly enhances operational performance.
Brief Preview of Following Reasons
Reasons in Support of Recommendations
Counterargument and Rebuttal
Closing Statement and Call to Action
References
Daft, R. (2005) Management. Mason: Thomson South Western.
George, J.M. And Jones, G.R. (2008). Understanding and Managing Organizational
Behavior. Upper Saddle River, NJ: Prentice Hall.
Kinicki, A. And Williams, B. (2005). Management: A Practical Approach.
New York: McGraw-Hill.
Robbins, S.P. And Judge, T.A. (2009). Organizational Behavior. Upper Saddle River,
NJ: Prentice Hall.
Business Major A major in Business Management seems secure, and yet, it could be easily rendered an obsolete concentration. If Business Management were rendered obsolete, it would have adverse implications on the economy, on issues related to social justice, and on the ability for organizations to thrive. Especially during an economic recession, the need to develop future business leaders becomes apparent. Interviews with successful managers who were once students in an
Business Management Business Operations and Systems The objective of this study is to outline the essential components for effective business operations management for a UK business whose products are delivered to the door. The parcel delivery conundrum will be examined using an appropriate system and methodology and a discussion will be provided to support appropriate business operations models. Included will be CATWOE, Root Definition and a detailed picture to illustrate the
Management and Business Management Theories and Principles of Each Reading The Fifth Discipline forces managers to look at the way in which learning disabilities which are common to organizations can actually stunt their growth and progress. The author targets several common learning disabilities which can riddle even powerful organizations, they are: identifying with only one position, external enemies, the illusion of taking charge, fixation on events, the parable of the boiled frog,
" On the subject of personal development, which company E. should encourage, McGill and Beaty (2001, pp. 85-86) write that in addressing personal development issues, an employer could devise a forum for workers to bring their issues forward. The one rule would be that the issue "is of significance" to the employee; the issues that could be discussed in the personal development session include: "personal motivation towards work"; relationships between managers
Business Management Supply chain management is a process conducted by several business entities, which involves planning, implementing and controlling any production and supply activities, with an aim of providing it to consumers in efficient ways. While supplying, there are intermediaries who play a role in connecting producers and consumers, who ensure efficiency in the supply chain too. Supply management is done to ensure collaboration between the intermediaries (Catholic Relief Services, 1999,
Business Management Principles -- Questions from PowerPoint Chapter Described the major factors that have influenced the evolution of management thought. The major factors that have influenced the evolution of management thought are economic, social, political, technological, and global factors. Generally, economic factors relate to resource availability and distribution in society; social factors consist of culture and interpersonal issues; political factors relate to the effects of political institutions; technological factors relate to the
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now