Small and medium sized enterprises (SMEs) have a significant contribution in industrial economies. Their sustained growth is a prominent issue for the economy and employment of any country. Towards that end, research and development (R&D) policy dimension deserves particular attention to promote and facilitate the operations of SMEs. Virtual R&D team could be a viable option. However, literature shows that virtual R&D teaming in SMEs is still at its infancy. This article provides a...
Strategic change is often driven by the need for a company or organizations to reposition itself due to the changing competitive conditions in the external environment in which they reside. A company must consider both the short-term horizon in which it trades but also the long-term horizon in which it will trade and will need to prepare itself to survive in the future. This means that issues precipitating change often includes such things as mergers/acquisitions, changes in market forces, a...
Employees' motivation is "The heart of giving the people what they really want most from work" (Dell, 1988). The more you are able to provide what they want, the more you should expect what you really want, namely: productivity, quality, and service. Jones and George (2010) argue that employees' motivation is as the "psychological forces that determine the direction of a person's behaviour in an organisation, a person's level of effort, and a person's level of persistence."...
In the current fast growing world, organisations are so focused to perform well and pushing themselves hard to make their employees engaged in order to have a good growth whilst for the individual growth hence organisations plays a pivotal role in understanding, adopting and implementing various strategies. Organisation needs engaged staff to make the organisation as a destination for other people Truss, et al. (2006). Although there are several strategies present for directing both the...
A leader is a person who can influence the behaviour of others without using force. Leadership also means that the process of influencing a group to achieve goals (Robbins, Bergman, Stagg and Coulter 2008 p.518). There are three main types of leadership style, they are autocratic, democratic and laissez faire. Besides the three main types of leadership styles, there are also five sources of power that used by a leader, they are coercive, reward, legitimate, expert and referent. (Robbins,...
Training and employee development form the essential of any organization be it a small or a big cap firm, no company will be able to function smooth unless they get their basics right and training & development is that base. History tells us the very fact as to how one should be particular about these key factors which has a huge impact on the growth of the business. Training and development signifies the continuous effort that an organization puts in to improve and enhance the performance...
Running business today is very difficult and different to the past. Corporation should consider about the knowledge that they will sent to their staffs, customers and competitors. As we know that at the beginning the knowledge inside the business always small and cannot let it public, however, when the business become bigger and bigger, they should have a plan to manage their business knowledge before giving it out to the market. Considerable attention is being focused on Knowledge management...
I evaluated myself by taking the self assessment exercise given in the textbook by Kinicki & Kreitner for determining whether I am Intrinsically Motivated at work. According to Kenneth Thomas's Model6, the result was I tend to be more intrinsically motivated by increasing high sense of meaningfulness and sense of choice but decreasing Sense of competence and sense of progress. But this change is new to me. By seeing opportunity in every task I perform and becoming judgemental in the tasks,...
Here I am going to discuss about how the mission statement of a particular company assists to achieve their organisational goals. Every organisation would have their own mission to develop their business. Here I analysed the mission statement of TOYOTA motors and how they transforms in to objectives. When we think about Japan the two unavoidable names which are familiar among the world that strikes in to our mind that is Sony and Toyota. TOYOTA motors started their business in 1933 in...
This research study was carried out to be acquainted with the impact of job enrichment on employee performance in Pakistani context. We are conducting this survey because nearly all companies working in Pakistan telecom industry are multinational; they are following the same procedures and policies with minute change accordingly. The Quantitative method of research was adopted and received 85% responses out of 150 sample size. It was investigations into job characteristics model of Hackman and...