Friday, April 19, 2019
The Learning and Growth Perspective Essay Example | Topics and Well Written Essays - 750 words - 1
The Learning and Growth Perspective - Essay ExampleThe use of equilibrise menu is a truly important aspect of the business compared to other performance management strategies it responds today progress, feedback and changing business conditions. Various successful organizations like Futura Industries have used this strategy of the equilibrate Scorecard and it is evident that the strategy has positively contributed to the companies success over years. A Futura Industries is an international connection based in Utah led by Susan Johnson. It has more than 50 years of experience in aluminum design, extruding, fabrication, finishing, and machining. They needed a plan to help the business grow over years. Susan Johnson, the president of Futura Industries came up with the idea of deploying the Balanced Scorecard in the organization. She argued that for success to be evident in the company, employees welfare is the key to success. She believed that employees are very important assets to the company that need to be treated with ut more or less care and respect. She says that Futura does not only pray great machines, but also great hatful. For an organization in its success in its endeavors The opportunity for own(prenominal) growth is one of the keys to maximizing employee motivation (Bruce & Pepitone, 1999, p.9). Susan Johnson considered growth, innovation, and learning quadrant of the Balanced Scorecard as the most important aspects for the companys growth. A companys success goes attain in hand with its foundation which is molded by the employees. For Futura company success to be evident, Susan Johnson says that the company not only expects success to come from the employees but also its customers. Good Customer care service leaves a promising item to the company that the customer will still come back someday. The Balanced Scorecard has helped Futura Industries in that, the company set goals and provided a safe, challenging and enjoyable workplace for th e employees. Futura industries used the strategy of hiring and people and retaining the best people in the market and customer devotion which highly contributed to its competitive advantage with the other rival companies in the market. To maximize employees motivation in Futura, Johnson came up the idea of implementing surveys to the employees such as Employee friendly initiative at Futura, Birthday Review, Leadership Review, Certification and Training Matrix, and an Annual Performance and Personal Development Review. Performance estimate in an organization merchant ship be widely measured in different aspects as in the case of Futura. It contributes on determining the employees view regarding the company in general and what improvements should be done. Generally, productivity can be increased significantly if supervisors set a specific production goal and provide vigilance and support to the workers (Grote, 1996, p.6). At the end of every year, employees at Futura Industries com plete the Employee Friendly Initiative survey which records in excess of 60 benefits and other factors that are important to the employee such as Sports team membership, Medical benefits, fellow scholarships, and flextime options are discussed. The survey asks the employees to give their views about the polish up benefits. In the case of Birthday Review, the employee is given the review survey in the same
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