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How does a company like Siemens benefit from the use of motivation theories to?

Understanding of motivation theories can play a very important role in influencing the management style and strategies of a large corporation like Siemens. These theories help companies to develop and implement effective policies and strategies for attracting right types of people needed by them to man the organization, to retain them in the organization, and to motivate them to put in their best efforts towards achievement of the organizational objectives. It determines the kind of compensation schemes the company has. It also helps companies to design its jobs that provide maximum job satisfaction to the employees. Further the scheme is used to introduce specific programs like MBO (management by objectives) quality circle to encourage employee participation for improving management and operation of the company.


Discus challenges faced by modern managers of organisations and their solutions?

Lack of capitalLack of capital is often the most critical challenge that a successful manager or leader faces as its very success creates this and it quickly becomes a vicious circle. Without very diligent cash flow management and/or raising of more capital, including debt, the business often is constrained by capital as it grows. Often the profit in one operating cycle is insufficient to fund the extra working capital required for the next operating cycle. Many capable managers cannot overcome the obstacles in their businesses cash flow cycle and cannot understand why bankers and other lenders often cannot provide the financing as the manager often does not have the security to support the debt.The solution is often easier than most entrepreneurs realize. It often starts with a plan to see what your cash needs are and when your cash needs arise. Then one is in a position to manage it and focus on the cash management techniques most likely to be successful in his/her business.Lack of management skillsLack of management skills is a problem that is very difficult to deal with in most small and medium enterprises as the size of the senior management team is necessarily limited. These areas of weakness could be in finance, human resources, marketing or any area where the current management does not have the expertise, or the time to deal with the issues.It can be solved by determining the weak areas and then developing a plan for dealing with those challenges. Solutions can be as simple as assigning the responsibility to an existing manager with a requirement to watch for the obvious pitfalls, to hiring a person part-time or a consultant.Lack of focusIgnoring risks in their assessment of alternatives and opportunitiesLack of a planFailure to plan for issues absorbing the majority of your timeScope changes -Insufficient team skills - To quote a colleague, "Availability is not a skill."Vision and goals are not well-definedIneffective communication


What is infosys HR strategy?

Infosys places emphasis on building talent to sustain growth. Major points in their strategy include hiring, training and employee satisfaction. These are captured in their HR Virtuos Circle i.e Attract and Recruit, Enable, Deploy, Develop, Assess, Reward and Motivate


What is a standup meeting and how is it typically conducted in a work setting?

A standup meeting is a brief and regular meeting where team members stand up to discuss progress, plans, and any obstacles. It is usually conducted in a circle to encourage participation and typically lasts around 15 minutes to keep it focused and efficient.


In a traditionally drawn decision tree a circle represents?

Short answer: a circle represents a "chance node," meaning a chance to which an Expected Monetary Value (EMV) may be assigned to calculate the most likely pay-off. Explanation: according to the PMBOK Guide, 4th Ed. (pgs. 298-299), the inputs to this node are scenario probability and the EMV (expected monetary value) assigned to that chance node, from the decision node (denoted as a square on a decision tree). A chance node leads to a "net path value," otherwise known as a computed value or solution set (represented by a triangle on a decision tree). A decision tree of this type is one of the tools used to determine quantitative risk analysis used to reach a computed optimal solution using probability distributions as a basis.

Related Questions

Explain the existence of the Arctic Circle?

Explain the existence of the Arctic Circle?


What is an circle graph?

Its a circle with information in it


You want to know HR syllabus?

Nature and scope of Human Resource Development, Training and Development, Human Process Intervention; T-Group, Team Building, Survey Feedback, Intergroup Realtions, Quality of Work Life, HR Interventions: Goal Setting, Career Development, Stress Management, Time Management; Contemporary Issues in HRD: Quality Circle, Total Quality Management, ISO 9000, empowerment, Business Process Reengineering.


What is a vicious circle of poverty show it or explain it both demand and supply sides?

what is a vicious circle of poverty show it or explain from both demand and supply sides


What are the advantages and disadvantages of a circle graph?

Explain the advantage and disadvantage of circle graph


Is the circle a polygon?

i think it is .but it is my extinct and i cant explain.


How can we Explain descriptively a way to find the area of circle?

The area of a circle is pi times the circle's radius squared = pi*radius2


Information in a circle graph is often shown as?

Information in a circle graph is often shown as percentages.


Can anyone explain the great circle formula in layman terms?

Yes the great circle formula is the same formula for any other circle.


What is the formula for distance of a circle?

Not enough information. Distance from where to the circle?


How do you explain about how many diameters a circle has?

There are infinite amount of diameters.


Can you explain which are the quadrilaterals are cyclic?

in a circle 1\3 is quadrilateral