Tuesday, October 8, 2019
Operations Management Essay Example | Topics and Well Written Essays - 250 words - 1
Operations Management - Essay Example Higher rates of employee contentment are directly proportional to lower turnover rates. Therefore, keeping employees in the firm satisfied with their careers should be at the top of the priority list of every employer. While employee empowerment and its upsides are well-known facts in management conducts, economic drop downs seem to cause employers to ignore it. Operations managers of most of the organization observe and scrutinize performance data frequently and create challenging yet reasonable targets for the organizational campaigns. Evaluation softwares are used by some of the most efficient managers to check employee performances. In a survey by ââ¬Å"Glassdoorâ⬠Google Inc. has been declared as the company with the highest employee satisfaction and productivity for the year 2013. The secret of such an achievement lies in the fact that the company empowers its employees to venture into fields of their talents (Reed, 2013). Google shares rose sharply, from less than $500 a year ago, the stock traded in nearly $600 since mid-July, near to its record high of $707 a share as in 2007 (Schepp, 2013).. It is evident from this fact that Google Inc.ââ¬â¢s success in the share market is a productivity marker that may be correlated to the high levels of employee empowerment practices that the company follows Every company requires a system to scrutinize their employeesââ¬â¢ performance based upon parameters like employee attendance, projects undertaken, and reviews by immediate superiors etc. Several software tools are available in the market that can help individuals working on performance reviews to visualize and comprehend the data correctly and hassle free. Database tools achieve goals that many Chief Information Officers (CIOs) would like to match: Taking key data for business side or external customers and offering it in an attractive, appropriate way on the internet (McLaughin, 2013). Software vendors like InetSoft
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