Performance Related Production

Masters
Essay
Business
Pages 20 (5020 words)
Download 0
Of late, benchmarking has become an approach to optimise production processes by comparing certain aspects of a company with its competitors. However, one of the biggest challenges is not just gathering or statistically evaluating these data, but to derive a concrete measure to interpret the results (Denkena, B; Apitz, R; Liedtke, C, 2006)

Introduction


In order to accentuate production through employee performance, a company's management needs to develop a strong belief and determination among the leadership and worker-class, to accelerate progressive changes and create a difference. Only those with exceptional influence can change the way an organisation runs. Management must consider the criticality of a visible and active role taken by them to integrate policies of diversity and inclusion into every aspect of an organisation's operation and culture.
Culture affects every employee of the organisation, whether it is a man or woman. It's imperative that any policy decision reach all concerned in the organisation; every individual of the organisation must feel a part of the scheme of things, for the welfare of the organisation.
A healthy work environment goes a long way in instigating quality work. At the workplace, it is imperative for the management to introduce an increased and effective mode of cooperation between the men and women workers. One way of looking at it is by creating a better awareness of gender differences, building different leadership styles and flexible work/career patterns. ...
Download paper
Not exactly what you need?

Related papers

Elective Module Title: Strategic Human Resource Management. Performance-Related Pay Systems
Performance-related pay is a system in which the company attempts to align the interests of the employees with the interests of the business, by providing employees with incentives to work hard. The exact form of the system differs substantially between different companies, with some offering commission-based pay, some paying employees a certain rate per unit produced and others paying based on…
Impact of Labour Unrest for Business (Production)
Labor unrests are generally organized and strike actions carried out by labor unions in the case of the failure of solving such labor disputes. The employees and the overall workforce alter the normal production routine process, thus impacting the shareholders of the production business; the key reason for these unrests is the workers articulating for the increase in wages and labor rights…
Performance Management
There are various types of performance management plans that a corporation may select to use. The two most prominent types of performance management plans are strategic performance management plans and administrative plans (Customwritingtips, 2013). Strategic plans place emphasis on the long term. As part of a strategic performance plan an organization must assess the external factors that affect…
Integrating Design and Production
The intense competitiveness in the market has caused a rapid increase in the demand for integrated design and production tools and techniques. However the modern manufacturing firms have been known to offer new products to the customers at a lower cost but with high quality. Thus, integrating design and production can be considered on three different theoretical concepts, such as ontological…
Performance Related Pay Essay
This paper will explore both positive and negative potential impacts of PRP. Initially, PRP will be defined. An examination of the theoretical utility of PRP and the growth in PRP schemes will follow. There will then be a consideration of the potential disadvantages of PRP schemes. This discussion will be illustrated through the use of a specific study of PRP systems in the finance sector (Lewis,…
Performance Related Pay
A critical look at performance pay however points to the fact that this method utilizes only performance as the determinant factor. It neglects other important determinants of pay such as no knowledge and skills, educational background and orientation, possession of relevant experience and other extraneous factors that play equally important roles in determining the amount of salary. The…
Performance Related Production
In order to accentuate production through employee performance, a company's management needs to develop a strong belief and determination among the leadership and worker-class, to accelerate progressive changes and create a difference. Only those with exceptional influence can change the way an organisation runs. Management must consider the criticality of a visible and active role taken by them…