Drs. Pfeffer and Vega begin by stating the view that there is a at once correlation between high economic returns and high sake management practices, that is, those practices in which employees are highly engaged by their organizations management. In terms of my ships company, it is generally referred to as only engagement.
Since Dr. Pfeffer has done extensive work in evidence-based management (EBM), it is no surprise that the first subsection of the article, delegate Me the Evidence relates hard facts to support the articles theory. The first examples is Apple Computers (The Apple Story), in which Apple disadvantageously downgrades its workforce numbers to try to regain their market lead in the personal computer industry. Instead of increasing their favourableness by decreasing labor costs, Apple made its employees dubious about their futures and became less engaged. In turn, this lead to nearly irreparable damage (which has turned around since the time of this article, which was adapted from Dr.
Pfeffers 1998 book The Human Equation: Building Profits by Putting People First through new products such as the iPod and deals with Intel to produce processors for their PCs) to the companys image in the minds of its employees. A study done of the five-year survival rates of initial public offerings shows that companies who put people first have a 7.05% decrease in turnover, a $27,044 greater return on sales per employee, $18.461 more(prenominal) in market value per employee, and $3,814 more in profits per employee. More research presented in the article shows that the five-year survival rate of another study of companies in non-financial sectors cited employees as an important source of competitive advantage.
I think that my company tries to offer the benefits that these...If you want to get a full essay, post it on our website: Orderessay
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