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Friday 7 June 2013

Ways of Increasing Performance at Work



The most common problem is for the company to fail to adapt to the environmental changes:
The business environment has been undergoing a lot of change for the firms and they have to force themselves to become aware of the realities in the marketplace of the supply and demand. A failure in this regard is usually threatening for the survival of the firm because the environment is competitive and there is a likelihood of the competitors taking over the firm’s existing market share. The essence of the marketplace lies in the fact that it is the center around which the firm has to decide on the components and materials to develop into the products and services that it plans to sell. It is one of the most common reasons why many organizations fail because the business environment has become increasing changeable.

 The traditional management structure should prove so incompetent in today’s microchip age:
The traditional management system has a hierarchical form and there are many management levels between the top management and the workers. The workers have less authority and have to take orders from the top management for almost everything related to operations. This may take days at time because the top management is usually occupied with decision for the long term. The lower management does not have much decision making authority and it all lies in the control of the top management. All the creativity and innovation that the organization can come with is from top management. There is not much flexibility because the top level management is busy with most of the issues and is not that perceptive of the changes taking place in the industry environment. The performance appraisals are conducted on the pre-set standard and follow a specific and formal method and so does everything in a traditional organization.
 Work expansion to fill the time available:
More or less, the organizations expand the work and entrust more functions to the job in case there is more time available. Moreover, once the material base of the work is expanded, more value is created for the product or service in the organization which is proportion to increase the share in economic growth as well as catering to the social needs. Also following work expansion is career development by the organizations which is more like opportunities for the existing employees. They’re provided with training in public speaking, technical skills, computer applications and writing. This allows for the expansion of the general human capacity. Work expansion can be done in a number of ways. Firstly, there is merging of various tasks into one.
Administrative function increases when the productive activity within the organization decreases:
The administrative function in an organization is not related to income generation but is rather service oriented and supportive to the individuals. It allows the individuals to focus on their immediate work rather than on the responsibilities of how to handle them. The function is supposed to provide smooth flow of information and it is readily available and easy to use. And hence when the productive activity of the employees decreases, the administrative function comes into the show to figure out the issues because it is one of the objectives to help define the duties and responsibilities of the employees and to maintain effective communication so as to maintain high standards of effective work. Budgeting incorporates most of the administrative functions, beginning with the implementation of a budget plan through the application of budget controls.
 Science base is the bedrock of economic performance:
As for science between the bedrock for economic performance; this holds true because the analytical skills are the base of high value added economic growth. Technological changes renders product development, production processes and experience rapidly obsolete and contributes to escalating investment costs as well as heightened competitive pressures. An organization that adapts to technological changes gains competitive advantage in the market and one that fails to do so lose its market share. Through continuous training, employees are given an opportunity to see things in global perspective. By using this knowledge it becomes easier for the management team to practice strategic planning and to forecast future demands e.g. the introduction of notebooks in the computer industry has rendered many computer models obsolete. Those organizations that failed to adapt to the changing needs of society and technological changes suffered a very big blow
             Change is difficult to initiate and maintain:
It is difficult to succeed at creating and maintaining change because organizations are made of people who have formed status quo and strive very hard for it to make it comfortable. Moreover, the economic environment, the state of the industry, the geographical location of the workers and the organization are important factors that affect the human resource and also the management style has visionary leaders and the leader has to adopt the style best suited to change so that change takes place much longer. Your management should be a role model of the change they want to bring and this makes it very easy for the other members of the organization to emulate. The management team should be involved in strategic planning. The changes should be implemented gradually which helps them to adapt to the change rather than to fight the change.

Reference
Céline, B, & Justine, G 2008, “Building employees,” capacity to adapt to change, HEC Montréal
David, M, Gareth, D & Myles, I 2003, "Public policy and the contractual provision of training with overlapping generations," European Journal of Political Economy, vol. 9, no.4, pp. 519-539.
James, H, Earl, S, & Leonard, S 2009, “Employee Motivation - The 5 Master Keys for Success,” Journal of Financial and Quantitative Analysis, vol. 47, no.13, pp. 332-342.

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