Friday, February 14, 2020

Employee Empowerment Essay Example | Topics and Well Written Essays - 750 words

Employee Empowerment - Essay Example Autonomous environments, decentralized working conditions are actually some of the variants of employee empowerment. However, it's actually a strategy in which an employee is allowed to take the decisions without consulting the upper management and he/she actually owns his/her job. Since employees are allowed to make decisions, therefore they feel motivated and this strategy actually boosts up their performance. Through this strategy employees can serve the customer in an effective an efficient manner. Brainstorming, decision making capability, increased level of responsibility actually results due to empowerment. Through empowerment organization can attain competitive edge and total quality management i.e. quality in every aspect and operation can be achieved through empowering the employees. Different approaches and models are followed by different organizations in order to adapt the culture of empowering employees and adapting such a culture would benefit the overall strategy of the organization. Empowering the employees is all about the autonomy and the control they have on their respective jobs. Empowering with the transformational model actually means that leading and empowering the employees are working together and these two aspects are carried together to achieve the ultimate goal of the organization. Transformational model actually improves employee motivation and its satisfaction to work. The conventional working techniques are transformed and since they have a sense of ownership in their tasks therefore production quality of the employees improves. Employees lead from the front and they actually take calculated risks in order to earn more return. All the leadership traits are indulged in an employee when he/she is following the transformational model and besides leadership empowerment plays a positive role and enhances the working of the employees and develops a scenario in which an ordinary employee considers himself/herself as an entrepreneur. In the transformational model both leader and the subordinates motivates each other and help each other out and develop a situation in which motivation and morality becomes the cure of different problems. In an organization when a project is launched then it might be possible that the responsibilities of leaders and subordinates are different. But Transactional model actually results in coordination and although both the subordinates and the superiors started the project as separate entities but in order to achieve higher goals and superior targets they actually help each other in every aspect and ultimately raise the bar of their performance. Empowerment without the Transformational Model Leadership and empowerment, both are actually addressed in the transformational model. Empowering the employees in the workplace without the transformational model is a difficult task because a sense of autonomy might be developed but when an employee doesn't know how to lead and he/she doesn't practice leadership then it would be very difficult to achieve desirable results. Therefore the ultimate goa

Saturday, February 1, 2020

MODIGLIANI AND MILLERS ADVICE ON DEBTS IGNORED BY COMPANIES Essay

MODIGLIANI AND MILLERS ADVICE ON DEBTS IGNORED BY COMPANIES - Essay Example The split between the Shiism and the Sunnism has been based on an ideological aspect that still exists. This separation, nevertheless, has been unbreakable by the national, the ethnic, political, socio-political, social, and yet economic partitions in the context of the Islamic world. It has also been influenced during historical times in cases of some Islamic rulers, Islamic politicians as well as Islamic colonialists to provide their own direct interest (Haji-Yousefi, 115). Due to all these social, political and economic reasons it has also been argued that the division between these two branches of Islam is still at large in the world. This division is also cultural in the sense that the cultural aspects of Islam from the point of view of these two divisions are regarded to be different at significant level. Also the economic orientation of these two branches and the interest of Islamic people are still so much dominant that the difference has become almost impossible to ignore (H aji-Yousefi, 115). Answer 2: To be certain, globalization has been regarded as a compound occurrence, which includes a great diversity of propensities as well as movements in respect to the economic, social as well as cultural areas. It has been a multidimensional nature and therefore does not provide itself to the distinctive definition. For the purpose of ease, it can be described as rising as well as intensified streams between nations of ‘goods, services, capital, ideas, information and people’ that produce different cross-border addition of a number of social as well as cultural activities. However, in the context of the developing countries, this is creating significant amount of negative effects on the societies of these countries. These countries are largely losing their respective social identity. This is revealed by the fact that globalization is incorporating greater number of people having different social aspects and activities which are creating divergence among the local peoples’ social identity (Bertucci and Alberti, 1). Also the existence of globalization is creating negative effects on the social organizational structures of developing nations. Transfer of old and used technologies from the developed part of the world to developing countries are creating detrimental effects