Long-Term Employees: Long-Term Employees, Sacred Cows?
There are those that believe that long-term employees become sacred cows of an organization. They have staying power not because of what they do but more because of who they know. Does this impact a corporation's bottom line? It can, but not in a positive way. A corporations ultimate success is dependent upon it's ability to hire and retain long-term employees that are great, competent and motivated outside of the function of the task at hand.
For a company to lead and excel in any industry it must hire the right kind of people for the job. These people are by nature self-motivated, skilled and naturally inquisitive and hard working. These are the type of employees that ultimately stay with a corporation for a long time. They are the true initiators of change and the individuals most likely to accept and work change to their advantage. Corporations investing in the right kind of employees can expect that they will grow with the company over time, rather than simply become sacred cows.
Defining the Right Kind of Employee
According to Jim Collins to be successful leaders need to be concerned with the things they can build, create and contribute to an organization (Clarke, 2001). The emphasis should be less about fame and fortune or power and more about collaboration (Collins, 2001). The idea is to set the company up for success. Likewise, people or employees working for an organization need to concern themselves with the things that they also can contribute and create within an organization. People shouldn't necessarily be interested in personal achievement as their sole motivation, but the overall well being and success of the organization as a whole. Employees who serve this purpose are the most likely to stay...
Long-Term Productivity in Business Workers and Machinery Productivity is important to every kind of business. This does not mean that every possible bit of work has to be squeezed out of every single worker until they drop into an exhausted heap on the assembly line. Indeed, this would certainly not be productive because having to replace on a continual basis workers who quit from being exhausted - not to mention having
While some states agreed with the approach decided by President at the time George Bush, other states would have opted for a more peaceful approach. Otherwise put, the seed of these international political conflicts was represented by the War on Terrorism, or the violent response of the Bush Administration to the terrorist attacks on September 11. The national opinions were also diverse, with some groups voicing their concern that
Once this occurs, it means that a company can: increase productivity and maintain the kind of talent necessary to remain competitive in the future. (Gitman 2009) (Rothwell 2004) Occupational Training Needs At the same time, any kind of training program must take into account the different occupational needs for each position. This will be different from one job to the next, as the more critical roles will require additional amounts of
LTE (Long-Term Evolution) Long-Term Evolution (LTE) A Summary of LTE Implications for Stakeholders Application of Theories Structured Cabling Issues Technical Specifications Operations Plan Feasibility Study Features of LTE Past Technologies The Best Choice? Long-Term Evolution (LTE) A Summary of LTE Long-term evolution (LTE) is an emerging technology. It is a standard in wireless communication, and relates to the effective and efficient transfer of high-speed data for both data terminals and mobile phones (Sesia, Toufik, & Baker, 2011). Based on GSM/EDGE as well as UMTS/HSPA
The following table lists the executive employee compensation for Home Depot in for 2008. Home Depot Executive Compensation Source: Home Depot (2008) DISCUSSION It is clear from the long-term goals set out by Home Depot that the desire to build ongoing relationships with its employees is one of the primary focuses of Home Depot in terms of its business strategic goals. Home Depot believes that goals should be set and attainable although not
U.S. Airways Conflict between Delivering Short-term Earnings Vs Long-Term Value Creation For any company to be able to provide short-term profits short-term thinking, budgeting and planning is required. On the other hand short-term business decisions are often unable to support the long-term viability of the business leading to heavy losses. This conflict of interest in companies like U.S. Airways is common were the company is responsible to shareholders and fund managers. To be able
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