Concept explainers
Case summary:
The case explains about the Generation Y people who were between the year 1980 and 2001. They are the successors to baby boomers who are at their retirement stage. These Gen Y people are said to be tech-savvy, achievement-oriented and attention craving.
Gen Y people are said to possess a sense of entitlement which makes them have numerous expectations when comparing other employees. They expect recognition, higher pay, periodic pay rise, generous vacation and personal time. Gen Y employees anticipate immediate feedback and validation for their work.
Gen Y employees seem to be tension centric due to their achievement-oriented attitude. Concerned about this issue, many companies like company G had allowed their employees to work on their own preferred project for one day a week. Company SM has provided flexibility to the employees by allowing them to work from their home and has implemented the concept of floating office.
To determine: Whether Gen Y, with respect to effort such as MBA oath, will bring a different approach in the business environment when compared with prior generation.
Want to see the full answer?
Check out a sample textbook solutionChapter 12 Solutions
STRATEGIC MGMT LL CASEBOOK W/CONNECT
- While the goal of compliance is to make people aware, what are some of the problems associated with compliance programs?arrow_forwardDescribe the contemporary human resource perspectives HRM function needs people who can balance ethical and legal concerns with organizational needs Properly managed human resources can provide competitive advantage Many organizations outsource their HRM functions Outsourcing: Process of hiring external firms to handle basic HRM functions - Can provide a competitive advantage LO 1 2. Trace the evolution of the human resource function in organizations First study of management practice Based on scientific management, which was concerned with structuring individual jobs to maximize efficiency and productivity Many organizations created specialized units to hire new employees Human relations era Supplanted scientific management as the dominant approach during the 1930s Instigated by Hawthorne studies LO 2 Witnessed the growth of Abraham Maslow’s hierarchy of human needs and Douglas McGregor’s Theory X and Theory Y framework Personnel management Grew from the…arrow_forwardDescribe the job of human resource managers from the perspectives of professionalism and careers HR departments are viewed as cost centers to provide clear and measurable financial benefits to the organization Many HR managers today belong to the Society for Human Resource Management (SHRM), which: Publishes professional journals and sponsors workshops and conferences Created the Human Resource Certification Institute (H R C I) Obtain a degree in human resource management Provides an entry-level employment opportunity as an HR manager Line management can be used as a route to HRM Enabled via rotation of managers through the HR functionarrow_forward
- Identify and discuss the goals of human resource management Facilitating organizational competitiveness Enhancing productivity and quality Complying with legal and social obligations Promoting individual growth and development HRM is viewed by firms as part of a psychological contract with their employees LO 3 2. Discuss the setting for human resource management Understand different specialized areas such as: Legal environment Process of change management Labor relations Possess general management abilities that reflect conceptual, diagnostic, and analytical skills LO 5 A separate HR unit is a necessity Require one full-time manager and a secretary for a firm size of 250 HR functions have specialized subunitsarrow_forwardIn an attempt to minimize the manpower problems in south Africa, give a critical analysis of the manpower problems which exist and your analysis should support you when advising the authorities on how to eradicate themarrow_forwardexplain some of the challenges a beginning grocery store faces now as opposed to when you were starting the company. Have your costs changed? Has your competition changed? What new challenges do you see on the horizon? What are the variables that have changed over time? What variables will continue to change?arrow_forward
- Examine the articles ‘The Five Dimensions of Responsible Leadership’ by de Bettignies (2014), available at https://knowledge.insead.edu/responsibility/five- dimensions-responsible-leadership and ‘A systematic literature review of responsible leadership: Challenges, outcomes and practices’ by Charbel & Hala (2017), available at UWllinC before answering the following questions.Based on what you have read in Module 1 Unit 1 and using insights from the articles (ensure that aspects of the articles are included in your response). Discuss one (1) of the five (5) dimensions of responsible leadership. Apply the chosen dimension to a well-known leader with details and specifics Identify three (3) challenges of responsible leadership and suggest at least one solution for each challenge. Include relevant examples in your response.arrow_forwardWe experience marketing messages in nearly every part of our lives—from products to services to travel and even education. Find two examples of health care marketing campaigns. One example should be for an ethical campaign and one for an unethical campaign. I need help answer the following. Share details of both examples you found. For each example, explain what made the marketing campaign ethical or unethical. What recommendations would you make to correct the unethical health care marketing campaign?arrow_forwardWhat are your overall recommendations for how to deal with the employees and the company's philanthropic efforts? How would you solve this problem?arrow_forward
- Leveraging the Planning and Measurement Performance Domains strengthens budget accuracy by ensuring proper cost estimation, risk management, and performance tracking. Educating the team on these aspects helps build confidence in the budget and ensures better financial control throughout the projects lifecycle. What challenges have you observed when implementing these measures, and how might project managers overcome them to maintain budget integrity?arrow_forwardWhat are some examples of strengths that a person would have working for a church orchestra director?arrow_forwardwhat is Simon Sinek Background the Author of Leaders Eat Last ? what is his Professional Background and Credentials? Why the Author is an Authority on the Topic of Leaders Eat Last ?arrow_forward
- Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage LearningFoundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
- Understanding Management (MindTap Course List)ManagementISBN:9781305502215Author:Richard L. Daft, Dorothy MarcicPublisher:Cengage Learning