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QUESTIONS 1. Point out which changes are occurring in the business that affects the organization to a larger extent.

QUESTIONS 1. Point out which changes are occurring in the business that affects the organization to a larger extent.

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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ASSIGNMENT NO. 1 CASE STUDY - GENERAL MANAGEMENT Jennifer, the owner and manager of a company with ten employees, has hired you to take over the HRM function so she can focus on other areas of her business. During your first two weeks, you have found out that the company has been greatly affected by the up economy and is expected to experience overall revenue growth by 10 per cent over the next three years, with some quarters seeing growth as high as 30 per cent. However, five of the ten workers are expected to retire within three years. These workers have been with the organization since the beginning and provide a unique historical perspective of the company. The other five workers are of diverse ages. In addition to these changes, Jennifer believes they may be able to save costs by allowing employees to telecommute one to two days per week. She has some concerns about productivity if she allows employees to work from home. Despite these concerns, s, Jennifer has even considered closing down the physical office and making her company a virtual organization, but she wonders how such a major change will affect the ability to communicate and worker motivation. Jennifer shares with you her thoughts about the costs of health care on the organization. She has considered cutting benefits entirely and having her employees work for her on a contract basis, instead of being full-time employees. She isn't sure if this would be a good choice. Jennifer schedules a meeting with you to discuss some of her thoughts. To prepare for the meeting, you perform research so you can impress your new boss with recommendations on the challenges presented. QUESTIONS 1. Point out which changes are occurring in the business that affects the organization to a larger extent. 1 2. What are some considerations the company and HR should be aware of when making changes in the organization (In reference to the case study) 3. What would the initial steps be to start planning for these changes? 4. What would your role be in implementing these changes? And, What would Jennifer's role be?
Transcribed Image Text:ASSIGNMENT NO. 1 CASE STUDY - GENERAL MANAGEMENT Jennifer, the owner and manager of a company with ten employees, has hired you to take over the HRM function so she can focus on other areas of her business. During your first two weeks, you have found out that the company has been greatly affected by the up economy and is expected to experience overall revenue growth by 10 per cent over the next three years, with some quarters seeing growth as high as 30 per cent. However, five of the ten workers are expected to retire within three years. These workers have been with the organization since the beginning and provide a unique historical perspective of the company. The other five workers are of diverse ages. In addition to these changes, Jennifer believes they may be able to save costs by allowing employees to telecommute one to two days per week. She has some concerns about productivity if she allows employees to work from home. Despite these concerns, s, Jennifer has even considered closing down the physical office and making her company a virtual organization, but she wonders how such a major change will affect the ability to communicate and worker motivation. Jennifer shares with you her thoughts about the costs of health care on the organization. She has considered cutting benefits entirely and having her employees work for her on a contract basis, instead of being full-time employees. She isn't sure if this would be a good choice. Jennifer schedules a meeting with you to discuss some of her thoughts. To prepare for the meeting, you perform research so you can impress your new boss with recommendations on the challenges presented. QUESTIONS 1. Point out which changes are occurring in the business that affects the organization to a larger extent. 1 2. What are some considerations the company and HR should be aware of when making changes in the organization (In reference to the case study) 3. What would the initial steps be to start planning for these changes? 4. What would your role be in implementing these changes? And, What would Jennifer's role be?
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