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TRENDS IN TODAY WORKPLACE - Coggle Diagram
TRENDS IN TODAY WORKPLACE
ORGANISATION STRUCTURE
COMPONENTS
SPAN OF CONTROL
Management of employees on similarity of task, degree of difficulty of task.
FORMALIZATION
Work structuring – formal or informal
CHAIN OF COMMAND
No of employees determined by type of company and age.
CENTRALIZATION
Decision making
WORK SPECIALISATION
• Division of work into smaller tasks.
• Results in boredom, fatigue, and stress.
DEPARTMENTALIZATION
Division into departments
Problem solving and designing.
CORPORATE CULTURE ( VALUES & BELIEFS IN AN ORGANISATION).
FACTORS AFFECTING WORKPLACE CULTURE
Change of govt. policies, Technology, and Globalization, Employees with different backgrounds, and Behavior of leaders- consistency, integrity, work ethic, collaboration and risk-taking.
WORKPLACE AFFECTING YOU
It motivates employees and provide a work environment.
Maximize individual potential, talent and capabilities.
Dress code – presents mature image, professionalism and trusting.
Rewards- wages and benefits, Learning, Recognition and development
IMPORTANCE
Employers culture fit with organization.
Employee engagement, retention, motivated and positive.
Impact on the ability to attract and acquire new talent.
ENTREPRENEURSHIP
IMPACT ON SOCIETY -
•Community Identity, involvement, and health.
•Environmental benefits
•Increased tax
•Local jobs, Innovation & Competition
•Diversity of products and services
BENEFITS
•Use your own ideas, location and passion.
•Make own decisions.
• Independent to make choices
•Family business and stretch your earning potential
RISK OF SMALL BUSINESS - Because of downsizing of jobs, profits in markets and technology.
ODDS OF SUCCESS
•Develop a good business plan (understanding finances, market and product)
•Train your employees
•Keep good inventory of products and services.
•Don’t underestimate your expenses.
•Make sure you have experience to run business and cash reserves.
CURRENT IMPACT OF UNIONS
CONDITIONS FOR FORMATION OF UNIONS
Fire employees without reason.
More expenses but salary requests turn down.
Pay new employees same as old ones.
Decrease employee benefit.
Hire for promotions and ignore problems.
BACKGROUND
Regulated by Federal and Provincial govt.
Works to prevent unfair employment practices, Job protection & security, and balance of power between employer and employee.
FUTURE OF UNIONS
Union needs to cooperate on building an effective working environment.
CHOICE IN ORGANIZATION STRUCTURE
DEVELOPS
•Develop multilevel management.
• Small span of control
•Centralized decision making
•High work specialization
Flatening - more horizontal connection and decision making.
Improveness, use of technology and high skill level workers.
CHANGES IN WORKSPLACE
TECHNOLOGY
Increase productivity i.e ability to complete ( online business and communication)
E commerce access to unlimited information.
Benefits - work anytime, increased competition and no of skilled worker.
TALENT MOBILITY
Facts to be considered Immigration policies, tax policies and benefits (pensions, security), Multi-lateral & Bilateral agreements (licensing and visas)
More mobile workforce, Talent shortage and Talent breed innovation - Economic growth
Barriers -Using technology, social networks, and disruptions from family.
GLOBALISATION
Knowledge, trade, capital, good and services connected globally.
Product available internationally or setting up business with foreign agencies.
Challenges – quality, delivery time , varying demands, political and economic changes