Thursday, February 27, 2020

The Most Important Factors Of Transforming Gateshead Holdings Essay

The Most Important Factors Of Transforming Gateshead Holdings - Essay Example The workers were sorted into teams and assigned responsibilities accordingly. Workers were also offered rewards for putting in best efforts towards fulfilling their responsibilities. This helped in motivating the staff, a critical component in today's business context. Motives help in providing a reason for the staff to act in a more efficient manner. On the other hand lack of motivation can actually result in distorting the working environment. The five elements of 5S included Sort, Set, Shine, Standardize and Sustain. Once the workforce realizes that the management is indeed quite serious about sustaining the business the long term, they too start connecting their future with the efficient functioning of the company. During the years prior to 1999, no positive motivation was in sight for the workers. The lack of any positive motivation by the managers often results in automatic provisioning of negative motivation. But the 5S adopted by management helped in changing this attitude. From the year 1995 to 1998 the staff turnover ratio is consistently on an increase. Workers appear to have given up and considering it a sinking  ship the workers getting opportunities elsewhere thought it fit to leave at the first available opportunity. This is reflected in the incremental percentage of staff turnover. This leads to an increase in costs as once a set of trained staff leaves, a new process for recruiting is required to be taken up. The new incumbents take some time to familiarise themselves with the work and working environment. This affects the production levels and efficiency of the respective departments. In 1999, it appears in the initial months, the percentage of staff turnover had been on the rise, but after the motivation thoughts and positive signals sent in by Geoff, this trend stopped.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.