Chapter A - Staffing performance & Business objectives Flashcards

1
Q

Importance of maintaining a good relationship with staff

A
  • Employees are stakeholders of a business
  • They are the biggestline-itemexpense of a business while also being its most valuable asset
  • Studies have found that when the business’ objectivesalignwith the employee’s own objectives, there is anincreasein the performance of both the business and the employee
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2
Q

How to build and maintain good relationships with staff

A
  • The individual goals of a staff member should be linked to a team, department, and business as a whole
  • This is useful as a staff member who can understand how their personal objectives affect the business as a whole become more engaged in their work.
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3
Q

Effective management strategies

A
  • Clearly communicating goals
  • Motivating employees
  • Supporting employees
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4
Q

Staffing

A

Are the people who work for the business in exchange for payment

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