1.4 managing people Flashcards
(27 cards)
treating staff as an asset
- means that they are developed with training and seen as a benefit to the business
- a member of staff will be recruited, trained, developed and taught skills unique to the business
- staff are allowed to participate in more decision making
- business is able to respond to changes in the market quicker
- staff has more autonomy over their work
- this gives the employee greater c rear opportunities within the company
treating staff as a cost
- training staff is often seen as a cost rather than a value
- danger of this is that the workers may only work the minimum expected of them and not put in much effort
multi-skilling
- having a workforce who can move around from one job to another
Why may workers be dismissed from a job ?
- absenteeism
- gross misconduct
- theft of company money or property
Why may workers be made redundant ?
- the worker’s job no longer exists at the company
- sometimes it is voluntary for a pay out
- compulsory redundancy is where a member of staff has to leave a job
What is the definition of motivation ?
people do something because they want to and/or they want to achieve a particular result
What is the importance of motivation for a business ?
- highly motivated staff leads to greater productivity which means less wastage and higher profit
- if employees are demotivated they may lack loyalty and commitment to the business, have lower productivity, have high absenteeism
What is Taylor’s theory ?
- workers are motivated by financial incentives and efficiency
- piece-rate pay, task specialisation, strict supervision
- focuses only on financial motivation and efficiency, ignores social and psychological factors
Advantages of Taylorism
- increased efficiency
- clear job roles
- higher output
- cost reduction
Disadvantages of Taylorism
- job dissatisfaction
- lack of creativity
- ignore non financial motivation
- not suitable for all industries
What is Mayo’s human relations theory ?
- workers are motivated by social factors
- workers feel valued by their employer
- focuses more on how workers feel rather than by physical factors such as money
What is Herzberg’s two factor theory ?
- suggests that employee dissatisfaction and satisfaction at work are dependant on hygiene factors and motivators
- motivates them with recognition of achievement and given responsibility
- focus on factors leading to satisfaction and dissatisfaction rather than financial
Financial motivators
- bonus
- pice work
- commission
- profit share
- performance related pay
Non financial motivators
- delegation
- consultation
- empowerment
- team working
- flexible working
- job enrichment
- job rotation
- job enlargement
What is Maslow’s hierarchy of needs ?
- a concept of human needs, at the top is self actualisation
- it gives us humans something to strive for
- emphasises social and psychological needs rather than financial
Autocratic leadership
- when leaders tell their employees what they want done and how without asking for their opinion
- most common in the police, factories and fast food
- can lead to low morale and reduced innovation
Democratic leadership
- leaders offer guidance to group members, but they must also participate in the group and allow input from other group members
- employees have greater input in decision making
Paternalistic leadership
- leader decides what is best for employees
- links with mayos theory of addressing employee needs
- based on paint child relationship
- still little delegation
- softer approach
- loyalty
Laissez-faire leadership
- provides little guidance, allowing employees to make their own decisions
- works with highly skilled and self motivated teams
- can lead to poor performance if employees lack self discipline
Transformational leadership
- provides a vision for a change
- focus on long term goals and encourage innovation
- may lead to burnout if expectations are too high
Transactional leadership
- operates on system of reward and punishment
- employees are given specific tasks and rewarded on performance
Charismatic leadership
- invites a leader to use their natural charisma to inspire others
What is the definition of hierarchy ?
It refers to the level of authority within an organisation.
What is on-the-job training ?
A form of trading provided at the work place.