Management practices 2022

  How Autocratic leadership can be used to manage people in an organization. According to Hughes (2012), authoritarian leadership comprises a single individual making all strategic choices for subordinates. Although it has gone out of favor in recent decades, authoritarian leadership remains common. In many workplaces, autocratic leadership is essential. This personality type is required in organizations and businesses that require error-free results. While authoritarian leadership is one of the least popular, it is also one of the most prevalent. Advantages and Disadvantages of Autocratic leadership Advantages and disadvantages of Autocratic leadership ( Hughes, 2018 ) According to Rosing et al. (2022), if activities must be accomplished with significant urgency and are time crucial, providing explicit tasks and expectations when making decisions appears to be a natural move, as there is frequently little time for discussion. Structure, d...

Balancing work life of an employee  Work life balance defined. Work life balance is a technique that assists employees in balancing their personal and professional lives. Work life balance encourages employees to prioritize their time and maintain a balance by devoting time to family, health, vacations, and other activities in addition to pursuing a career and traveling for business. It is an important concept in the business world because it helps to motivate employees and increases their loyalty to the company. ( Kundnani and Mehetha, 2021) Easy steps to be taken to maintain work life balance of an employee  According to Nepali (2018), the steps listed below can be taken by an employer to ensure an employee's work-life balance. Maintain Structural Consistency It is critical to maintain a sense of consistency and organization in your company structure because employees feel less anxious when they know what to expect on a daily basis as much as possible. Don't be...

Employees 'Needs and Wants' through Maslow’s Hierarchy of Needs   In today's workplace, an employee's requirements and desires range from a modest paperclip to good recognition within and beyond the firm. According to Amanda et al. (2022), the distinction between "wants" and "needs" is straightforward. "Wants" are things you want to have regardless of their monetary worth. Whereas "wants" are things that you must have in order to live, do, or achieve something, a "need" is a basic human requirement, and a "desire" is a method of meeting that need. i.e. Mr. X ‘need’ a Laptop, He ‘wants’ an iMac or a HP Needs are clearly being defined by Abraham Maslow (1908 – 1970) in his studies of Hierarchy of needs.        Maslow's Hierarchy of needs     Figure 1: Maslow’s Hierarchy of Needs (Fallatah and syed ,2018) Maslow's Pyramid of Requirements illustrates how a...

  Managing Retirement process of an Employee According to Maddox (1973), retirement may be an emotional and traumatic experience for aged personnel. Human resources is critical to making a smooth transition from employment to retirement. To do so effectively, HR should have a thorough awareness of the employer's benefit packages, benefit alternatives accessible to the retiring employee, healthcare eligibility, pension plans, and, if relevant, severance packages. According to Jonsson (1994), the following strategies can be utilized by HR to assist employees during transition. Be available and accessible so that employees feel safe approaching you when they need to; Foster a trusting climate in which employees may be open and honest about their retirement goals. Understand the retirement procedure so you know what is expected of you and your staff member, as this will aid with the preparation process. Be prepared to listen to and ...

  Effects of Employee Turnover    Employee turnover is another topic discussed widely in the global business milieu. Managing the employee turnover helps in ways to overcome a vast variety of challenges in the business. Employee turnover has been given views by various authors. According to Lim and Parker (2020), refers to the amount or proportion of workers who leave a business and are replaced by new employees. It has always been one of the most difficult issues for a company. As one might claim that employee turnover has a negative impact, others can argue the opposite.   Table: Positive and Negative impact of turnover rate ( Firdous , 2020)   An organization's employee turnover rate can be either harmful or beneficial. According to Teng et al. (2019), employee turnover has a negative impact on morale, productivity, quality, and income. A high turnover rate indicates that the business loses personnel, which necessitates fresh recruitments, train...

  How training and development become Useful for employees and the organization. According to Maurer (2001) Training and development efforts are academic activities within the organization that aim to improve an individual's or groups’ work efficiency. These programs often entail increasing a worker's knowledge and skill sets, as well as fostering increased drive to improve job performance. Training provides an excellent chance to broaden the knowledge base of all employees, but many firms find the development opportunities prohibitively expensive. Employees also lose work time when attending training sessions, which may cause project completion to be delayed. Despite the potential negatives, training and development helps both the organization as a whole and individual personnel, making the expense and time invested worthwhile. Byers (2022)   According to Guillaume et al. (2015), it is stated that the following benefits are gained by the training and development in a...