Preview

B120 Tma02

Good Essays
Open Document
Open Document
1793 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
B120 Tma02
Personal Experience relating to HRM Concepts within Book 2
(Demotivated people and high rate of employee turnover)

Contents page

Executive summary........................................................................................................................p. 3

Part I

Problem description and analysis....................................................................................................p. 3

Recommendations...........................................................................................................................p. 5

Information......................................................................................................................................p. 7

References.......................................................................................................................................p. 8

Part II

Brief summary................................................................................................................................p. 9

2. Executive summary

Part I

This is about looking at a problem our company has got with high staff turnover and trying to solve it using HRM techniques. It involved analysing the problem using the concept of Maslow 's hierarchy of needs and psychological contract.

We have found the main problems included not fulfilling basic needs such an attractive salary, good working conditions, stability, receiving any feedback and many more. We also suggest how to make people happy to go to work and not to feel demotivated. Also we tried to solve problem with increasing staff turnover.

Part II

This is a summary of a discussion that took place between me and other students in the TGF.

3. Problem description and analysis

Problem description

I chose study session 1: Why do people go to work? (Preston, 2012, p. 9)

As I am in position of Floor Manager (Team Leader) in



References: Preston, D. (2012) An Introduction to Human Resource Management in business (5th edn) The Open University Dave Bets (2012) [online] http://davebetts.org.uk/2012/04/15/day-45-maslows-hierarchy-of-needs/

You May Also Find These Documents Helpful

  • Powerful Essays

    B201 Tma4

    • 2038 Words
    • 9 Pages

    I have a great interest in the UK retail business sector. In this account I am going to write about John Louise Partnership (JLP), which is a market leader organization in the UK retail industry that has some unique advantages that would make JLP perhaps a good organization to work for.…

    • 2038 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    B120 Tma01

    • 542 Words
    • 3 Pages

    The Bistro chains décor and menu are based on the original café opened in 1989 and are outdated. Although this image could be keeping the trade from your loyal older customers, they tend to visit less frequently and don’t have as much money to spend as mentioned in the case study. To appeal to younger and new customers, I would suggest modernising the appearance and updating the menu.…

    • 542 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    B120 TMA03

    • 1098 Words
    • 4 Pages

    a.) The income statement, also called the profit & loss account (P & L), is used to illustrate a company’s revenues and expenses over a particular period of time. It shows the net profit and/or loss for the given period (the difference between the business’ total income and its total costs). It also allows shareholders to see the performance of the business and if it has made an acceptable profit.…

    • 1098 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    B122 Tma 1

    • 1654 Words
    • 7 Pages

    In 1999 Asda became a subsidiary of the largest retailer in the world, Walmart. Asda operates within the UK grocery market and currently rank second. Asda's main area of business falls into the food sector and boast 500+ stores nationwide.…

    • 1654 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    TMA02 DB123

    • 283 Words
    • 2 Pages

    Page 123, Figure 3.9 there is reference to Expenditure 1, this is just labelled as ‘Expenditure’ on the diagram.…

    • 283 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    References: Armstrong, M. (2006). A Hand Book Of Human Resource Management Practice (10th Edition ed.). London: Kogan Page Limited.…

    • 2243 Words
    • 9 Pages
    Better Essays
  • Good Essays

    B120 Tma 1

    • 960 Words
    • 4 Pages

    Bibliography: Preston, D., 2006. Book 1 An Introduction to Business Studies. In: s.l.:The Open University, p. 25.(…

    • 960 Words
    • 4 Pages
    Good Essays
  • Good Essays

    B120 Tips Template

    • 933 Words
    • 4 Pages

    References: The Open University (2006) B120 An introduction to business studies, Book 2 ‘An introduction to human resource management in business’, Milton Keynes…

    • 933 Words
    • 4 Pages
    Good Essays
  • Good Essays

    b120 tma1

    • 638 Words
    • 2 Pages

    The Lodge Bistro chain started out as something a bit different. This difference has enabled The Lodge to expand and become a successful chain of Bistros. However as time has gone on Bistros and outlets selling food have become more and more common. There are food outlets everywhere, all competing for custom and trying to be a little different to their rivals. The format of a French bistro has been replicated by many eating establishments and a large multinational chain.…

    • 638 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Marketing Plan: Powerade

    • 6077 Words
    • 25 Pages

    Executive Summary ........................................................................................................................ 2 Part I: Introduction and Objectives ................................................................................................. 3 Background ............................................................................................................................. 3 Problem Identification ............................................................................................................ 3 Financial and Marketing Objectives ....................................................................................... 3 Part II: Market Analysis .................................................................................................................. 5 Market Situation and Macroenvironment ............................................................................... 5 Product Situation..................................................................................................................... 6 Competitive Situation ............................................................................................................. 6 Distribution Situation .............................................................................................................. 6 SWOT Analysis ...................................................................................................................... 7 Part III: Primary Marketing Research ............................................................................................. 9 Research Objectives ................................................................................................................ 9 Methodology ........................................................................................................................... 9 Results…

    • 6077 Words
    • 25 Pages
    Powerful Essays
  • Powerful Essays

    TMA01 B322

    • 2022 Words
    • 7 Pages

    The proposed service is the development and production of up-to-date high-end quality motion picture films, music, wedding, corporate, advertising and web content videos for clients at affordable prices. Several companies provide these services out there but the cost for great quality high end videos are high due to high cost of filming equipments. Recently an Australian filming equipments company began producing high end filming equipments at half the cost compared to major competitors manufacturing these kind of equipments thereby providing us with a gap to explore. Seeing as these equipments aren't very popular we would be able to purchase these equipments at low cost giving us the opportunity to produce high quality services at half the price to our customers compared to our market competitors.…

    • 2022 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Stone Finch Essay

    • 263 Words
    • 2 Pages

    1) Motivating the employees by adopting various methods such as regular appraisals, monetary and non- monetary incentives, bonuses,etc.…

    • 263 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    References: Bohlander.G, Snell.S, Sherman.A, Managing human resources,12th Ed., Mason, Ohio : South-Western College Pub., c2001…

    • 2769 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    12) Price A., 2007, human Resource Management in a business context, Thomson business Press. (Price A., 2007)…

    • 5444 Words
    • 22 Pages
    Powerful Essays
  • Powerful Essays

    Traffic Accident in Cambodia

    • 6714 Words
    • 40 Pages

    First of foremost, we would like to thank our parents who give us birth, feed, take a…

    • 6714 Words
    • 40 Pages
    Powerful Essays