Non-financial means, such as flexible working schedules or promotion opportunities, also constitute a powerful source of stimulated employees (Bruce, 2002).
The realization of the important role played by the staff members within the Smith & Falmouth Company would lead to several beneficial effects. At an individual level, the employees would feel better valued and they would as such increase their loyalty to the organization, their commitment to supporting the entity achieve its goals and their performances. At the group level, the teams would be more united and better prepared to deal with organizational chores. In terms of the entity, it will be better able to pursue its interests.
b) Communications
The ability to communicate effectively and efficiently is the pillar of any successful organizational outcome. Communication in the workplace has a multitude of positive impacts on the individual, the team as well as the whole entity. Communication opens doors to finding solutions to the current and future problems; it also improves the relationship between employee and employer and it creates a more pleasant and fruitful working environment.
In order to reap these benefits, the managerial team ought to approach communications by:
Promoting open dialogues within the organizational culture -- employees ought to be encouraged to interact with their supervisors, rather than avoid or simply obey them
Creating an environment in which communications are possible -- this refers primarily to the offering of a telecommunications infrastructure by which employees have access to computers, internet, telephones and so on d) Employee empowerment
Employee empowerment is generically understood as the practice of "giving employees responsibility and authority to make decisions regarding all aspects of product development or customer service" (Noe, 2004). Within the Smith & Falmouth Company, the...
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