Strategic and Ethical Management Tactics: Gulfstream Aviation
Gulfstream Aviation produces flagship products for private, corporate, government and military clientele locally and globally. The well-known company eagerly touts its rigorous products. Part of its impressive reputation reflects key management strategies, particularly with regard to strategic management and ethics in management. Transnational or global corporations face unique challenges with respect to ethics and strategy in management.
Organizations operating in several countries including Gulfstream Aviation must incorporate diversity in heterogeneity into the organization in a manner that supports alignment of organizational goals and objectives with those of employees. To retain competitive advantage in an increasingly competitive marketplace, Gulfstream successfully adopts various ethical and strategic management techniques that include supporting and hiring of a diverse workforce, creating work life balance, providing empowering opportunities and annual evaluations for employees and supporting global and local humanitarian and community efforts. These ideas are explored in greater detail below.
Strategic Management Techniques
Ultimately an organizations success lies in its ability to successfully adopt strategic management techniques, apply and sustain them to the organization over time. Drejer (2002) suggests that ultimately the purpose of strategic management is to "secure competitive advantage of the organization" (p. 47). Gulfstream has definitely succeeded in creating competitive management, in part because of the many strategic management techniques currently sustainable within the organization. In addition the company consistently works to provide continual improvement measures to ensure that employees and managers alike adopt an attitude that encourages long-term knowledge sharing and change when necessary to support growth and development, whether among employees or within the organization. This strategy is evident in the companies hiring practices, employment policies and procedures, which support diversity, involvement, training and advancement opportunities.
Strategic management at Gulfstream operates on many levels. This includes employee development and human resource management. McWilliams, Van Fleet & Wright (2001) note that in a world of global competition, it is vital that international organizations create sustainable competitive advantage through strategic management of human resources. Human resources should be considered the lifeline of any organization. In fact in a global environment, employees provide the knowledge necessary for corporations to rise above the competition. Knowledge sharing becomes a critical success factor in organizations like Gulfstream. Human resources management plays a key role in supporting knowledge sharing and encouraging employees and teams of workers to unite and share accountability and information. This practice is also evident in Gulfstream's mission and values to the public and employees.
In addition, McWilliams, Van Fleet & Wright point out that the key to successful competition within a global marketplace such as that in which Gulfstream operates is "effective deployment and use of human resources" (p, 1). This includes providing employees with a diverse work environment that takes into consideration ethnic and cultural orientations while at the same time remaining cohesive (McWilliams, Van Fleet & Wright, 2001). Effective deployment also requires that employees are trained adequately to work in the positions they are assigned, and individuals with the right skills are appointed the right job responsibilities. These practices are evident in Gulfstream's stringent hiring policies and practices that ensure employees that are qualified but also trained in the organization's culture and belief system are welcomed into the Gulfstream community.
Strategic management techniques adopted successfully by Gulfstream also include creating a work environment that motivates employees to achieve, feel empowered and advance on a personal and professional value (McWilliams, Van Fleet & Wright, 2001). One way a company can do this is by creating work life balance programs that emphasize not only the importance of the workplace but also the importance of individuals in the workplace and their contributions (Drejer, 2002). Gulfstream is one of many corporations that pride itself in offering employees a supportive and friendly work environment. The company also supports work life balance, evidenced through the family wellness program. Other features managers have incorporated into company practices include on site conveniences such as medical facilities, a company store, ATM's and even cafeteria facilities for employees to eat at. Most companies offer few if any of these features, again a testament to the organizations successful techniques and management practices.
Employee recognition and reward programs are a key strategic management tactic within any organization. Recognition and reward programs also often fall into the realm of strategic human resources management (Drejer, 2002). Programs like this are but one way to help employees remain motivated and sustain productivity in the long-term. Gulfstream rewards employees in part through a PRIDE program that recognizes employees who make exceptional efforts in the workplace. Employees are also encouraged to take part in a referral...
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