Corporate Ethics Essay Example | Topics and Well Written Essays - 750 words

Corporate Ethics - Essay ExampleAlso I have personally intercommunicate to some of the employees to understand and identify the key aras. Add to that some research more or less the history of the accompany has to a fault been done. Based on the meeting the following areas requiring change has been identified. Identifying the Areas requiring change HR functioning is a very much amount of money and specialized area. But the HR functions of the organization is scattered among individuals. This consists of some employees be to the administrative position smell after paper works and a management police squad looking after HR issues. There we need to achieve centralization. During the meeting and the one on one parley it was identified there is scope to improve the morale of the employees. Some of the employees were a bit unsure about their job description. This is something that needs to be changed. One the major problems faced by the organization has been relatively advanced at trition rate (Goswami, 2010). Probable Action Plan In order to have a richly functional centralized HE de naval divisionment, we need to hire some HR decision makers to look after the core areas such as recruitment, payroll processing, performance management, etc. Also these executives act as a have-to doe with point to various departments. The employees looking after the admin work can also be a part of the HR department forming HR and admin division. We must make sure that diminutive Job descriptions are wide-awake across the all departments. The HR manager should entrust the responsibility to the executives looking after different departments. The executive should carry out a job interview for specific job holders to prepare a detailed and appropriate job description. Along with job description the employees should be provided the KRA or key result areas, so that the employees can understand the parameters based on which they can be judged. The organization must have a prope r performance management system. This will not only help the employees identify strengths and areas of development, but also help the employees to understand how they could contribute towards the success of the organization in future. One the major problems faced by the organization has been attrition. Therefore to diagnose the problem we should ensure that there is a structured salary, development and realisation system. It should be made clear to the employees that the increments would be performed based on the findings of the performance management system. Also to inspire the employees there would be existence of reward and recognition system. This would include both monetary as healthy as non monetary rewards. During the meeting with the employees and managers, some key players should be identified. Those employees could be granted Employee Stock extract Plan (ESOP). During the meeting with the employees we found out that there is a need for training, especially for the peo ple who are at constant touch with the customers. For, example customer services reps and sales & marketing professionals. Hence, the corporate team may identify a relevant training partner to impart training. The training could be provided in small pilot batches. Elements of Diagnosis Plan Probable Results Proper JD and KRA Better understanding of roles and responsibilities Proper internal communication Credibility and Trust Well Designed Performance Management System Helps the employees to identify strengths and weaknesses Salary, increment and recognition system Acts a motivating factor ESOP Retention of key players Training and