AOS2 - Managing Employees Flashcards
What is Managing Employees?
The activities and tasks involved in getting the very best out of the employees who are working for you.
The Strategies for Managing Employees include:
• Motivation
• Training
• Performance
• Termination
• Wages & Conditions of Work
What are Worker Expectations?
- Paid
- Good terms and conditions
- Job security
- Develop their skills
- Enjoy their work
- Feel they are useful and helping achieve something meaningful
- Have pride in their business
What are Manager Expectations?
- That Employees will work hard
- That Employees are punctual and reliable
- That Employees are loyal
What are the benefits of having Motivated Employees?
Increase in productivity.
Increase in sales or better services being provided for customers
Competitive edge in its business environment
What is the relationship between Managing Employees and achieving Business Objectives?
Managing Employees is concerned with getting the best out of your employees, whereas business objectives are concerned with having a goal that the company is seeking to achieve.
The relationship is that if the employees are well managed, they can help achieve business objectives.
For example, Improve customer service skills =, long-lasting relationships with customer = More future sales = greater revenue = greater profits.
What is Motivation?
Motivation is the factors or practices that drive an employee’s desire to achieve objectives
Describe Maslow’s Hierarchy of Needs?
Maslow’s hierarchy of Needs is a representation of human needs in the form of a pyramid. Each level of the hierarchy must be satisfied before moving onto the next level, which is then activated as a motivator. Once satisfied, it is no longer motivates an employee
How does Self-Actualisation relate to Managing Employees
Self-Actualisation refers the need to try to strive for self-improvement and experience growth. Examples of this include opportunities for Advancement, Promotion
How does Esteem relate to Managing Employees
Esteem refers to the need to gain acknowledgement and gratitude from their peers and senior managers. Examples of this include Recognition, Delegation, Empowerment
How does Social relate to Managing Employees?
The Social Level refers to the need to try to be part of the workplace culture and earn their acceptance. Examples of this are Teamwork and Social Activities such as staff functions
How does Safety relate to Managing Employees?
The Safety Level refers to the needs that are necessary for an individual to feel secure and comfortable. Examples of this include Pay, Safe Working Conditions, OH&S, Job Security, Insurance
How does Physiological relate to Managing Employees?
The Physiological Level refers to all the basic needs that an individual requires to live and breathe. Examples of this include Providing Employee with Job, Income
What is an Advantage and Disadvantage of Maslow’s Hierachy of Needs?
A: Allows employees to progress at their own pace through the levels, Exhibits an intuitive appeal which can be easily grasped and applied
D: Does not account for Cultural and Social between individuals
What is Locke and Latham’s Goal Setting Theory?
Locke and Latham’s Goal Setting Theory is a theory that focuses on the process of setting and attaining goals. It was noted that the setting of goals leads to increased effort, task focus and persistence of individuals.
What are the 5 Principles of Locke and Latham’s Goal Setting Theory?
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• Clarity – Clear information allows less room for error and individual interpretation.
• Challenging – People tend to exert more effort and try harder to attain more difficult goals. However, goals must be achievable and realistic.
• Commitment – Having an employee oblige to increase performance to achieve goal
• Performance Feedback – Feedback can help in conveying whether a task has been completed well or not
• Complexity – Task must be achievable and straightforward so employees feel able to complete them
What is an Advantage and Disadvantage of Locke and Latham’s Goal Setting Theory?
A: Individually focused. Tailors for any individual and their aspirations based on skillset
D: Time Consuming (e.g. Sitting down with each individual to set goals)
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What is Lawrence and Nohria’s Four Drive Theory?
Lawrence and Nohria’s Four Drive Theory is a theory that identified four basic motivational needs that act to drive people
How does the Drive to Acquire relate to Managing Employees?
The Drive to Acquire relates to acquiring remuneration, but it could also be satisfied with high status positions or recognition of achievements.
How can a Manager satisfy the Drive to Acquire?
Generous remuneration packages for the employees as well as setting challenging tasks for employees
How does the Drive to Bond relate to Managing Employees?
The Drive to Bond relates to wanting to form long-term relationships within the business and to feel supported and included.