Nationwide Financial, a 5,000-employee life insurance company based in Columbus, Ohio uses the nine-box grid for its succession review. How would these plans differ from plans for employees with high potential and high performance (stars)? Why?
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Nationwide Financial, a 5,000-employee life insurance company based in Columbus, Ohio uses the nine-box grid for its succession review.
- How would these plans differ from plans for employees with high potential and high performance (stars)? Why?
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- Suppose your manager gives you funding to follow up with a more accurate analysis, and, indeed, there is a pattern of underpayment to people with Hispanic surnames. What should the organization do? For each choice below, indicate likely outcomes:Develop an overall compensation plan for a small business. Instructions Read 2G Robotic Case Study.Links to an external site. Complete study questions: Describe and assess the advantages and disadvantages of the direct compensation/pay system at 2G Robotics. Also, the benefits (i.e., dental) provided by the company. What are the benefits and dangers of implementing a stock option plan or an employee trust (i.e., something that gives employees a stake in the company)? What are some of the non-financial rewards that are available to employees who work at this company? How important are pay and benefits, including an employee trust, versus non-financial rewards in motivating employees at 2G? What do you think should be the company's general approach to compensating employees in pay, including an employee trust, and benefits? Should Gillman try to improve pay levels? Why or why not and in what specific ways? Do you think 2G should use a more formal pay system? Why? What changes would you…The board of directors of an organization considers that incentives for senior management are important to accomplish the business's objectives. The board of directors decides whether to give bonuses depending on the value of the company's stock at the end of each fiscal year. Bonuses will be paid in the form of stock, which managers may keep or sell on the open market. What are the ramifications of instituting such a rewards system?
- How would you characterize the manager's warning to Suzy: "You may get everyone a few dollars in back pay, but you'll also cost everybody their jobs. Remember, some of your coworkers are single parents who need this extra income to make ends meet." Does FLSA specifically address this type of "intimidating" statement? If so, how?Can you answer this question as short answeR? Distress at DES Your friend Diane works at the Department of Economic Security (DES) as a child protective service worker. You have known Diane personally and pro-professionally for a number of years, and she has asked you to advise her on managing stress. She told you that she admires the way in which you seem to handle stress in your own job at the Department of Motor Vehicles, and she wants advice and counsel for reducing stress where possible and coping with the rest. Because you are such a good friend, you have decided to set aside an afternoon to talk to Diane. You begin by asking her to simply talk about the sources of stress in her life. She tells you the following: "First let me say, I love my job. I really think I am making a difference in the lives of children and their families. It's not that it isn't frustrating-it is. Sometimes the system just won't let me do what I think is best. I do care about my work and want to stay in…if in your company there are 5 female employees who are pregnant and NEED TO TAKE CUTIES for 2 / 3 month at the same time. what action did you take to solve this problem as a manager , so that your company can continue to run well.
- Katy is a general manager for Marriott hotels in Philadelphia. She would best be classified as a first-line manager, is this statement true or false? Explain MangementYour awesome weekend has flown by and you find yourself at 8:00 p.m., Sunday evening, dreading the next day at work. You’re not alone—a 2015 poll by Monster suggests that a staggering 76 percent of employees surveyed feel depressed and full of angst Sunday evening in anticipation of work. Although people can be anxious about their work for many reasons, one major contributor can be found in whether you engage in boring or repetitive activities as part of your daily job. Feeling bored from time to time is not in itself bad, but the unethical behavior that follows may be problematic. Previous research suggests that when one’s work is routine, more automatic, intuitive cognitive processes are activated, leading to an increase in rule-breaking behavior. On the other hand, multitasking may lead to less unethical decision making, a rare bright side for multitasking, which often results in negative outcomes like decreases in performance and attention. In a study of employees at a Japanese…How can organizations use scenario planning to prepare for potential future events and challenges? What are some best practices for conducting scenario planning exercises?
- Case2: A company with a good market share has a severe conflict between new professional executives and old managers. This conflict caused some professional managers who have recently joined the company to leave the company. At what stage of the life cycle is this company? What is your suggestion to the manager of this company?Why Succession Planning is essential: The Case of the Runaway Talent https://www.youtube.com/watch?v=GZ8C3ie0drw Based on the Course readings and after reviewing the video in no more than 400 hundred words answer the following questions (works cited/ reference list not included in word count) State and briefly describe the steps in the succession planning process and highlight two (2) benefits.how to respond to this in 100 words? A stability strategy is a corporate strategy that focuses on maintaining the current business operations and staying consistent with existing products, markets, and business processes (Parnell, 2017). This strategy aims to avoid major changes and risks, and instead, focuses on optimizing efficiency and profitability within the current business model (Wang et al., 2020). There are many reasons why an organization may choose to adopt a stability strategy, as this strategy is usually adopted when a company operates in a stable industry with limited growth opportunities and has achieved a dominant market position (Parnell, 2017). Oftentimes, stability strategies are employed during times of uncertainty or economic downturn, making core business and resource conservation a priority (Wang et al., 2020). Although stability strategies appear to be less dynamic and aggressive in comparison to growth or innovation-focused strategies, stability strategies can,…