Reference no: EM132848401
Discussion Forum
In today's turbulent economic times, reward systems, in many organizations, have been revised/modified, thereby resulting in frustration, uncertainty, loss of security, etc. In fact, many organizations have cut base pay, reduced short-term incentives, eliminated long-term incentives, and more. Due to COVID-19, organizations are struggling to maintain financial stability. Unfortunately, employees often feel the brunt of the reward cutbacks.
Discussion forum, please select an organization of your choice. The organization can be based in the KSA or anywhere else in the world. No student should select the same organization as his/her classmates. In your post, address the following:
Explain what type of reward system is utilized.
Then, consider that a 20% cut needs to be made, in regard to rewards, to ensure organizational success. What types of rewards would you recommend cutting? How might you use intangible returns to make up for monetary cuts? What types of intangible returns could you use? Why?
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Discuss various functions in management and business
: Discuss the various functions in management / business, both major and minor. Pick your favourite one and justify its importance to operations.
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Process is used to allocate support department costs
: What are support departments, and why are their costs allocated to other departments? What process is used to allocate support department costs?
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Coaching is important process in organizations
: Coaching is an important process in organizations. As explored in Chapter 9 of the textbook, there are various competencies associated with effective coaching.
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Resolving the leadership puzzle
: Followership is a process where an individual accepts the influence of another to accomplish a common goal.
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Rewarding through performance management
: In today's turbulent economic times, reward systems, in many organizations, have been revised/modified, thereby resulting in frustration, uncertainty,
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Development of ethical decision making
: Your required reading by Mladenovic, Martinov-Bennie, and Bell (2019) provides business students' insights into their development of ethical decision making.
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User Stories In Scrum
: Explore the benefit of user stories in the product backlog and how the velocity metric is used within the project.
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Major techniques used to elicit tacit knowledge
: Describe the major techniques used to elicit tacit knowledge. Describe the role of "Communities of practice" in Knowledge management.
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Currency markets and international monetary systems
: After reading the prescribed sections of Chapters 10 and 11 and the material in the Learning Module on Currency Markets and International Monetary Systems,
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