Sunday, May 5, 2019
HRM- BMW Essay Example | Topics and Well Written Essays - 250 words
HRM- BMW - Essay ExampleBMWs light upon shows that management is not the lone representative of a business it is bigger than that- there are lessons to be learned and given from and by everyone involved. A cohesive business is a successful one, and a ships company can only be cohesive when all levels of employees believe that they can speak up and micturate a difference. The more people who can get involved in the process, the more it will be an accurate reflection of the company and communitys true set of standards and complementary goals. 3 I believe that both employees and managers would think the new policy is fair. The only potential obstacle may be that employees or the public might see the move as a calculated response to media obligate due to recent corporate scandals involving inflated executive bonuses. However, as the case states, BMW has been discussing its compensation practices for months, and claims its announcement has postcode to do with a larger debate about pu blic accountability of executives (BusinessWeek, 2011). The linked bonus design shows a link between management and employees in the company, and an expansion of vertical communication that will, I believe, afford the line workers feel more valued and responsible, thus increasing their productivity as well as their company loyalty. REFERENCE BusinessWeek Case (2011).
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