What Makes One Company Better - 888 Words

A manager today under any company faces many challenges that the market would not have predicted 50 years ago. There are many obstacles that are encountered in the workforce to keep employees motivated. It is important to keep attracting young yet skilled employees. In order to bring workers with high credentials and a driven passion for the job, they have to keep them motivated. What makes one company better than the next one of the same fields? Some examples of motivation could come such as a diverse workplace, keeping them involved and engaged, and having desirable rewards and benefits. With all these in consideration, there is no way that young individuals will not consider your company! Becoming diverse does not just necessarily mean people of color alone, but also comes such as more women entering, and different sexual preferences (lesbian, gay, etc.,). Since the past 40 years, Women went from holding 37 percent of all jobs to 47 percent (Sophia Kerbey and Crosby Burns, Center for American Progress). It is believed that combining workers with different backgrounds can breed a more creative, innovative and productive workforce (Center for American Progress). Having diversity among co-workers can promote respect since it gives the opportunity to understand backgrounds such as work styles and experiences. By bringing in more employees with different backgrounds it can help a business reputation because it is important within an organization when they demonstrateShow MoreRelatedAccounting : Financial And Management Accounting1025 Words   |  5 PagesAccounting is one of the three careers that is being discussed that a business majors are able to embrace in. Accountin g is where employees are keeping up with the company’s records. Accountants take actions on keeping up with the company payroll cost, expenditures, and the sales revenues. They are to also keep track of the company’s losses and profits (Hill â€Å"Accounting† 1-5). When accountants insert all of the information that they are to keep track of, it is important that they insert it correctlyRead MoreWhy to Use Market Economy Essay749 Words   |  3 PagesFirst, a market economy pushes businesses to make cheaper, better quality products so more people will buy the product that is being produced. The more options on the market, the more competitions. This results in higher profit for companies and businesses. When companies have more profit they can expand and make new products. If the company can produce new and better products, than it will bring even more profit in for companies. In a market economy, companies need profit to survive and stay in businessRead MoreR ichard Fosters Book, Innovation: The Attackers Advantage1441 Words   |  6 Pagesto success. No company has become successful by keeping their old ways, or staying to the â€Å"tried and true† (Foster, 1986). No successful business can stay successful regardless of how much money or technology they have, if they do not know how to keep evolving with time. Success isn’t built off one tool; it is built off a variety of tools. This book taught me that one must constantly adapt to the world around you, because it won’t slow down. We live in an ever-changing world. One must be willingRead MoreCase Study : Use An Organization That You Currently Work For Or Have Worked For849 Words   |  4 Pagesorganization that you currently work for or have worked for in the past: 1: Identify the industry or company and a potential value, system, and people turn-off that the company has dealt with in the past. If you cannot think of one that the company has experiences, make one up for each of the three customer turn offs. Be specific about the turnoffs. For example, when talking about a system turn-off make that your examples exhibits how the transaction was complicated, inefficient, or troublesome toRead MoreHow Business Plays A Major Role Within Our Society1237 Words   |  5 Pagescontrol and being a leader of something within that company .Accounting, Human Resource Management, and Management itself are some fields that follows those characteristics and that these undergraduates embrace in. Accounting is one of the three careers that is being discussed that a business majors are able to embrace in. Accounting is where employees are keeping up with the company’s records. Accountants take actions on keeping up with the company payroll cost, expenditures, and the sales revenuesRead MoreHrm 560 Managing Organizational Change1652 Words   |  7 PagesCreating Changes can better help me to implement such changes. In doing so implementation of change and imitative of these procedures to expand the quality of service the company wants to achieve, by recommendations to upper management. 1. Describe the organization in terms of industry, size, and history. The company that I will be reviewing is Frontier Communications. The company is in the telecommunications industry and currently employs approximately 17, 400 people. The company is all United StatedRead MoreThe Management Of Change At The Global Organization World Of Xyz Co1500 Words   |  6 Pageslosing customers then it had to follow a tough analysis and change of its internal managerial process, the overall company goal and culture and finally the operational factor whereas all their outcomes emphasized at that level to succeed. And it was highly recommended to follow an innovation incubator process to race with the future. Detailed Introduction Discussion here is to understand what a big successful firm should apply and do in a well fast developed world to facelift and revamp itself over timeRead MoreDell : A Successful Entrepreneur1445 Words   |  6 Pagesentrepreneur as well as manager in his own company. Not all business owners have been able to successfully manage and operate a company of that size. Through tough decisions and learning experiences, Dell has evolved into one of the best managers of the past 100 years and has taken his company to incredible heights by using his managerial skills. Some businesses have tremendous opportunity to grow, but fail to do so because the people running the company drive it straight into the ground like DellRead MoreNascar Case Study923 Words   |  4 PagesAlmost every company wants success. To have a successful company, we need to know about the decision making process, and how, and when it works. According to the text, â€Å"Decision-making process is a set of eight steps tha t include identifying a problem, selecting an alternative, and evaluating the decision’s effectiveness.† Not only does a manager need to know this term but they also need to know when it should be applicable. In my point of view, NASCAR is a huge, well-known company. They must useRead MorePredictive Analytics At Big Data And Its Potential1349 Words   |  6 Pagestheir life but have no current way of leveraging this data. One of the ways companies are able to leverage all of their big data is through predictive analytics. II. Predictive Analytics Capability: Predictive Analytics are able to help companies make since of their data that have gathered throughout their lifespan. This opens up the door to a lot of potential advantages. Many organizations in the past have based decisions based on what they believe to be true. They have had very little means to