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What strategies would you use to keep morale high

Assignment Help Business Economics
Reference no: EM132123764

Case A Motivation

As the Provincial Manager for a financial services firm, you are well regarded within your company and especially by many of the 82 employees who work within your division.

Due to a downturn in business revenues, created in large part by the slowing economy, you have been advised by the Chief Operating Officer that employee layoffs may be forthcoming. Also, employee perks such as athletic membership subsidies and the holiday party will potentially be eliminated in the near future.

A recent article in a national business newspaper highlighted that the departing CEO is rumoured to be receiving a $30 million dollar financial package.

Your goal is to keep morale high as your division consistently leads all others in profitability and revenue growth.

Develop a document that answers the following:

- What strategies would you use to keep morale high?
- What theory(ies) of motivation would you utilize to achieve this?
- How would you deal with the newspaper article's content if questioned by employees?
- Whom would you consult with in dealing this matter? What information/advice would you seek?

Case BEthics

You are a senior manager in the accounting department of a software development company. You have been promoted throughout your 10 years at the company based on your ethical approach to financial reporting and timely completion of your work.

Following recent senior management changes, a new Chief Financial Officer has joined the company. They have an aggressive view of financial reporting - make the numbers work for the company.

Develop a document that answers the following:

- What affect can an aggressive approach to financial reporting have on your key stakeholders?
- Evaluate the benefits and consequences of this new, aggressiveapproach.
- What would you do if you are not comfortable adopting this aggressive treatment of reporting? What options would you consider?
- Do you consider this new approach to be ethical? State your reasoning for your answer to this question.
- How would deal with staff who share with you their concerns about this new reporting approach?

Verified Expert

Employee motivation, i.e. methods for motivating employees, is an intrinsic and internal drive to put forth the necessary effort and action towards work-related activities. It has been broadly defined as the "psychological forces that determine the direction of a person's behavior in an organization, a person's level of effort and a person's level of persistence". Motivated employees are essential to the success of an organization as motivated employees are generally more productive at the work place. This paper discusses two cases related to employees in the organization. This paper is written in Microsoft Word Document File.

Reference no: EM132123764

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urv2123764

11/20/2018 12:56:39 AM

Amazing job dear experts and thanks a lot to expertsmind to avail me such expert who followed every units instruction perfectly. I really amazed with the grades I received with your help. I am really thankful. I have passed the class with A grade. You are true lifesaver.

len2123764

9/26/2018 11:37:44 PM

This is an individual assignment. Please check the Course Timeline for due date. NOTE: Please ensure you include your name and student number on your Case Study. TheCase Study must be properly documented. For information regarding proper citation, the Seneca Libraries website provides reference material and tutorials to assist you with this important requirement. REQUIRED: The student must develop their answersto both Case A and Case B. Ensure that you answer all questions/areas noted within each Case. It is encouraged that various sources be used in the completion of the Assignment. Let your instructor know if you have any questions. The quality of the work submitted is the key to achieving an excellent mark. Quick tip for success……students who forward their work in progress for comments/suggestions to the instructor often achieve higher marks on their work.

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