Staff Motivation Essay Example | Topics and Well Written Essays - 1750 words

Staff Motivation - Essay ExampleThe organization and the gilds primary objective is to economic aid employees transition towards a better c areer and to help individuals with their endowment fund. The group also aims to target organizations through better talent hunting and management programs. The problem at hand with the group is that outplacement has become more of a commodity as a result of which price in the industry is being cut and the group is losing business to its peers in the ensuing fierce competition. With several players in the market, margins have reduced significantly and thus the service offerings by the group are not earning enough revenues for the organization. The primary aim of the organization is now to earn a significant revenue stream that will help boost its share price. The company has set up a benchmark to improve its share prices from 31.5p currently to ?2 in the future. With this aim, the management will need to earn about ?20 million in revenues and about ?4 million in profit. The management is also of the view that despite the state of the economy, the business is well placed and thus can earn this stream of revenues. The paper aims to evaluate the various options that the management has along with developing a theoretical framework that will help in deciding the plan of action that the management should undertake in order to boost its revenue stream. A diagnostic as well as neuter model will also be presented that will help the organization towards improved revenues. Literature Review Human imaginativeness management is one of the mainstay support functions within an organization and helps leverage the organizations performance through the usage of human resources. Some of the lynchpin areas within the realms of human resource management include hiring, promotions, appraisals, training, placement and talent management, along with coaching and outplacement of employees. Human resource management is now critically integrat ed with organizational learning as well as strategic management making it one of key fields that organizations should focus on for better results. The key human resource problems that are part of todays economy include globalization where diversity has various ranges and a spectrum that is difficult to define. (Papalexandrisa, 1996 Boxall, 1996 Garavan, Costine and Heraty, 1995 Garavan, Heraty and Barnicle, 1999 Becker and Huselid, 1999 Stewart, Marhine and Hall, 1999 Stewart, 1996 Garavan, 1991 Gilley and Eggland, 1992) Other issues include problems with finding the right talent with respect to the job description and the creation of various jobs with descriptions that are difficult to fill up due to their technical nature. Retention is also one of the key areas where human resource management is important and where organizations need to be focused on. Retaining employees is one of the cheaper alternatives to hiring another resource where hiring takes long hours and resources to ac tually fulfil. One of key ways through which human resource management consultancies help includes helping find the right resources towards the jobs that need to be filled by organizations, along with helping in training these employees, equipping them with the tools and techniques on getting the work done