The objective of this research study is for the author to gain an in depth understanding of how diverse workforces should be managed and what the optimal management method is to ensure employee loyalty, engagement, employee retention. It is also author's objective to gain an understanding of the differences between employee engagement, employee loyalty and how the organisation can remain profitable while paying attention to the above.
This is the same in the case of employee retention. However it is very difficult for any organisation to take the necessary steps to retain its workforce and ensure that they remain loyal and engaged, and when this has to be carried out by an organisation with many different cultural dimensions the strategies that need to be adopted become even more difficult and complex.
The author believes that through this study, she will be able to gain sufficient information on the specific steps that can be taken by a transnational organisations with regard to managing and retaining employees while remaining profitable and ensuring that they remain loyal and engaged and highly productive, thus making the organisation even more profitable.
THE DIFFERENT MANAGEMENT STRATEGIES THAT CAN BE ADOPTED BY AN ORGANISATION WITH A DIVERSE WORKFORCE TO RETAIN ITS WORKFORCE, ENSURE EMPLOYEE LOYALTY AND ENGAGEMENT AND CONTINUE TO STAY PROFITABLE IN BOOM AND BUST CONDITIONS
In this document the author proposes the methods and the type of research study that she will undertake in fulfillment of her degree requirement. ...