Case Study of General Motors: Key Areas of Focus and Recommendations
Verified
Added on  2023/06/18
|17
|5291
|63
AI Summary
This report is based on the General Motorsâ company. They face some issues while changing the rules and policies in company. Industry faces issues in related to the technology, employee engagement and other as well. There are some areas are covered such as key areas to focus and some recommendations to overcome from those.
Contribute Materials
Your contribution can guide someoneâs learning journey. Share your
documents today.
Case study 1
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Executive Summary This report is based on the General motorsâ company. They face some issues while changing the rules and policies in company. Industry faces issues in related to the technology, employee engagement and other as well. There are some areas are covered such as key areas to focus and some recommendations to overcome from those. There are some theories and concepts are explained to manage the issues and some suitable recommendations. This report also covered the straight, benefits skills and personality traits for business. 2
Table of Contents Executive Summary........................................................................................................................2 INTRODUCTION...........................................................................................................................4 MAIN BODY...................................................................................................................................5 Key area of focus........................................................................................................................5 Recommendations......................................................................................................................7 Theories that support recommendations.....................................................................................9 Strength....................................................................................................................................10 Benefits.....................................................................................................................................11 Skills..........................................................................................................................................12 Personality traits........................................................................................................................13 CONCLUSION..............................................................................................................................14 REFERENCES..............................................................................................................................16 3
INTRODUCTION Applied psychology is the take a lookat and cap potential to remedy troubles inside human conduct which includes fitness issues, administrative centre issues, or education. There are numerous forte regions inside carried out psychology which includes scientific psychology, counselling services, medicinal psychology, and forensic psychology. Business psychology (additionally called organizational psychology) is an carried out technological know-how that makes use of a focal point on human conduct to assess how an agency and its personnel can put into effect techniques to growth engagement and pressure profits. Psychology is important to the administrative centre. It enables managers in any respect tiers of groups select, support, encourage and teach personnel. It additionally enables groups layout products, construct higher workspaces and foster wholesome conduct. Applied psychology is important as it permits us to make located records usable, with any luck enhancing people's lives within side the process. Thisreportisprimarilybasedtotallyon"casestudyofGeneralautomobiles organization", that is an American multinational business enterprise based in Detroit, Michigan that designs, manufactures, markets, and distributes motors and car parts, and sells monetary services, with worldwide headquarters in Detroit's Renaissance Center. It became based with the aid of using William C. Durant on September 16, 1908, as a retaining organization, and the prevailing entity became mounted in 2009 after its restructuring (Chadee and KostiÄ, 2021). The organization is the biggest American vehicle producer and one of the world's biggest vehicle manufacturers. At its peak, GM had a 50% marketplace percentage within side the United States and became the world's biggest automaker from 1931 thru 2007. As of 2020, General Motors is ranked wide variety 18 at the Fortune 500 scores of the biggest United States businesses with the aid of using overall revenue. General Motors manufactures motors in numerous countries; its four middle vehicle manufacturers are Chevrolet, Buick, GMC, and Cadillac. It additionally both owns and holds a large stake in overseas manufacturers which includes Wuling, Baojun, and Jiefang. Annual international income quantity reached a milestone of 10 million motors in 2016. The below report includes the Key area of focus, Recommendations , Theories that support, recommendations,Strength,Benefits,Skills,Personality traitsand conclusion based on all areas. 4
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
MAIN BODY Key area of focus Employeeâs engagement, It is the term in that personnel sense obsessed with their jobs, are dedicated to the organization, and maintain their dealing with their subordinates. Employee engagement is going past activities, games, and events. Employee engagement maintain the performance of the workers. Engaging personnel is crucial for preserving wanted workers and it is a crucial term of the worker who are not engaged personnel that are much more likely to depart their jobs. According to Forbes, personnel who're engaged of their dealing are much more likely to be influenced and continue to be dedicated to their employer. By this GM company can increase their productivity and maintaining morale according to the changed rules and policies. Training and development, It refers to educational activities in an organisation created to manage the understanding and talents of personnel at the same time as imparting facts and preparation on the way to higher carry out precise tasks. Training lets in personnel to gather new talents, sharpen current ones, carry out higher terms, boom productiveness and be higher leaders. Since an organisation is the sum overall of what personnel obtain individually, agencies need to do the whole thing of their energy to make sure that personnel carry out at their peak. At the time of the business worker that enables to adapt the workers in their business. By recruiting personnel on contemporary talents, that may boost up productiveness by way of means of fundamental mistakes (Ilyukhin, 2021). This also can exist new terms into vintage task. On the other hand, it covers the basic and fundamental term of contemporary personnel that is much less high priced than hiring new ones. Through this GM company can provide training as per to the new policies so that they can increase the rate of productivity. Reward concept, Reward is termed as the economic and non-economic reimbursement or general remuneration that are paid to a worker for managing their terms and dealings in the business. Reward control is the implementation of techniques or guidelines to assist each person with in the company, in a truthful an effective way. When they help their personnel for proper management of the creation, they sense valued and extra motivated, that could universal improve the productiveness and achievement of business. Through this employees stay motivated all the time for better working in the business. Reward strategy, It includes designing and enforcing and following the regulations and practicesthewillhelptheirorganisation'sobjectives,maintaininginspiredandpowerful 5
workforce. Often an organisation's pay and help to form the shape that has advanced with none other general goal, every so often permitting bias and unequal pay troubles to hold them. When it involves a success employer-worker relations, benefits, perks, and rewards are getting as critical as pay. When GM company assist their personnel for effective work, they sense valued and greater inspired. that could general improve the productiveness and fulfilment of business Managing human resource, It refers to the features in which the supervisor who plays relative to the organization's personnel. Managing Human Resources also can check with the act of imparting the control moves the personnel of the Human Resource Department. HR control allows the distance among personnel' overall performance and the organisation's strategic objectives. Human useful resource operations make a contribution to the achievement of an organisation. Hence, human useful resource control has emerged as a famous route of study. Through this GM company can manage all the employees in better manner. Productivity is the rate at which a worker, a enterprise or produces goods, and the quantity that are produced, as compared with how it takes lot of time, work or money that are wanted to supply them. For a strong productiveness plan to developing, corporations that have to be that specialize in carrying out destiny desires with techniques that boom personnel' basic productiveness. HR could make personnelhappierandextraeffectivethroughsupplyingniceeducationandfunwork environmentsthatassistholdtalent.Someoftheapproachestoenhanceproductiveness encompass running at the values inside their enterprise inclusive of credibility, integrity, efficiency, and leadership. Another aspect that an HR supervisor like company may do is to create a surroundings wherein all people can work well. The number one position of HRM is to supervisevitalregionsinclusiveofstaffingandrecruiting,definingworkerrolesand reimbursement and benefits. With an HRM software in impact at their business, industry may cognizance on growing productiveness and making sure their personnel have the whole lot they want to achieve their roles. GeneralMotorsCompanyhasanorganizationalcultureofagility.Thiskindof organizational culture focuses on speed in addressing issues, problems and opportunities in the business. For example, the corporate culture enables GM to develop its competitive advantage on the basis of rapid innovation and positive relations with stakeholders, whose interests determine the initiatives and programs in General Motorsâ corporate social responsibility strategy. 6
Recommendations Make effective communication: Employers who make investments, time and energy into turning in clean traces of communication will smoothly build and then consider personnel, main to will increase in productivity, output and morale in general. When communication is effective, it leaves all events worried glad and feeling accomplished. By handing over messages clearly, there's no room for false impression or alteration of messages, which decreases the ability for conflict. Part of getting appropriate communication knows a âshared meaning.â This refers back to the actual records being understood through every celebration worried, the use of phrases that suggesttheequaltoeveryone,particularlywhileitisindustry-particularterminology. Developing the cap potential to apprehend and use non-verbal communication can assist people connect to others, explicit what worker genuinely suggest, navigate difficult situations, and construct higher relationships at domestic and work. Fostering worker well-beingis ideal for human beings and the organisation. Promoting well-being can assist save you pressure and create tremendous running environments wherein people and corporations can thrive (Khan and Gul, 2021). Good fitness and well-being may be a middle enabler of worker engagement and organisational performance. Fostering employee well- being is right for humans and the organisation. Promoting well-being can assist save you strain and create wonderful operating environments wherein people and enterprises can thrive. Good fitness and well-being may be a middle enabler of worker engagement and organisational performance. to control nicely being company can inspire workout and ordinary social activities toenhanceworkforcefitness,grouppaintingsandintellectualwell-being,consistingof lunchtime taking walks golf equipment or 'Lunch and Learn'. plan similarly improvements, decorate morale and growth productivity. When empowering any other person, business enterprise affect that person, however now no longer simply them. business enterprise are impacting the arena and, ultimately, themselves. The final results of any challenge is usually stepped forward through the lives and mind-set of folks who business enterprise lead. Empowering others isn't always only a phrase, it's far a way. Recognition facilitates personnelsee that their business enterprise values them and their contributions to the achievement in their group and the business enterprise overall. This is mainly key while businesses develop or change. It facilitates personnel construct a experience of protection of their fee to the business enterprise, motivating them to keep fantastic work.General 7
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Motors can supply appropriate tools that are useable. Recognition allows personnel see that their enterprise values them and their contributions to the achievement in their group and the enterprise overall. This is in particular key whilst companies develop or change. It allows personnel construct a feel of protection of their cost to the enterprise, motivating them to retain first rate work. General Motors can provide paid training,When weaknesses and shortcomings are identified, then personnel are required to be trained. Hence it is critical to manage as because it amplifies talents and enables the workforce to benefit new talents. It has emerge as critical for corporations to awareness on schooling wishes for individuals. There are some more recommendations which are important for GM company, ï·To provide rewards company should observe employees work and their hard work. ï·Company should involve employees also in reward system. ï·General Motors should provide rewards as per performance and output. ï·Review the commercial enterprise approach, and apprehend how goals may be met through praise. ï·Review the modern praise offering, thinking about how every detail helps the commercial enterprise approach. ï·Formulate the brand new approach, considering that every detail covered within side the approaches have to have a purpose.Brand Strategy sums up why their enterprise exists past making money. It defines what it's far that makes their logo what it's far, what units it other than the opposition and the way you need their clients to understand it. ï·Focus on managing human resource by providing rewards on regular basis for better motivation and focus on team work. Having a good reward system facilitates maintain force happy, undeviating to the company, and keen to transport up the sections. Rewards, like public reputation and further pay, encourage personnel to paintings harder. Reward controliscrucialforthesubsequentreasonsthatbuildsloyaltyandhonesty. Compensation machine is a crucial component of HRM as a well-designed reward 8
machinecontinuallyleadsclosertothecompany'sproductivenessandpersonnel satisfaction. ï·Thisisinrealityfacilitatesenhancecompany'soverallperformanceandmaintain personnel influenced at paintings. The reward is an incentive plan to enhance the acceptable conduct of employees or employers and in go back for his or her carrier to the organization. The number one goal of groups in giving rewards is to attract, preserve and keep efficient, excessive appearing and influenced personnel. Theories that support recommendations Engagement theory: This is a framework for technology-based totally definitely training and gaining knowledge for General Motors is important underlying idea is that students ought to be meaningfully engaged in gaining knowledge of sports activities via interaction with others and worthwhile tasks. The underlying basis of the engagement theory is that students want to be meaningfully involved in their gaining knowledge of via interactive and worthwhile tasks. Although the usage of technology is not imperative, it's far positioned that technology can promote engagement that is hard to obtain otherwise. In GM company, Employees who're engaged at paintings are much more likely to be effective on a constant basis Leadership theory: These are the motives of methods and why positive humans come to be leaders. General Motors focus on the trends and behaviours that humans can adopt to increase their control capabilities. Some of the top trends that leaders say are critical to specific control include:Strongethicsandimmoderatemoralstandards.itgadgetsaeasyvisionand communicates correctly to colleagues (Kwiatkowski and Jackson, 2021). The easy vision gives them a better knowledge of organisational path and makes them understand their roles and duties.ToincreaseproductivityaspertothenewpoliciesGMcompanycanadopt Transformational leadership. It is described as a management method that reasons extrude in people and social systems. In its perfect form, it creates precious and nice extrude within side the fans with the cease intention of growing work into leaders. Transformational management facilitates rework individuals of a set into people who go beyond past self-actualization and their personal self-pursuits for the sake of the institution or organization. Along with this consists of character ethical development. By empowering personnel to take possession over their work, demonstrating trust, honestly defining expectations, actively being attentive to ideas, providing 9
suitable recognition, encouraging creativity, and connecting people's work to a more purpose, transformational leaders can raise morale, enhance the first-class of work, Total reward model: A general rewards approach is a device achieved through a General Motors that offers monetary, beneficial and developmental rewards to employees who benefit specific employer goals. The approach combines compensation and benefits with non- public boom opportunities indoors a prompted artwork environment. It is a device achieved through a employer that offers monetary, beneficial and developmental rewards to employees who benefit specific General Motors goals. The approach combines compensation and benefits with non-public boom opportunities indoors a prompted artwork environment. Organizational Life cycle Theory: The organizational lifestyles cycle is the life cycle of an business enterprise from its creation to its termination. It moreover refers to the predicted series of upgrades professional through manner of approach of a General Motors, in choice to a randomized incidence of events. The know-how that the manipulate income after studying the theories of the organizational life cycle help them to prioritise the problems and kind them out. It moreover lets in the systems to evolve and reap the following diploma gracefully. Strategic Contingency Theory: A Contingency is a need for brilliant duties of a subunit in a business enterprise on which duties of various subunits create an effect. As in keeping with the Strategic contingency theory, a frontrunner becomes a number one part of an business enterprise due to peopleâs specific talents to solve issues or problems which others aren't capable of solve. Strength General Motorshave skilled manpower,Skilled human resource or manpower: Skilled manpowerreferstotheindividualthatistrained,well-educated,energetic,experienced, dedicated to their subject and is able to doing any unique paintings in a balanced manner and efficiently. Teachers, doctors, engineers etc. are a number of the examples of professional manpower. Skilled manpower is crucial to perform numerous improvement activities. To perform numerous improvement works can be tough within side the absence of professional manpower. They additionally play critical manner for the systematic usage of the herbal assets and assist to preserve them as well. 10
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
They are work are per facts in GM company so that they get more practical results and favourable also. In changing policies facts are most important to understand to increase the productivity of business. General Motorsfocus on hire best talent and provide training as per requirements,Rather than simply hiring a person that may do the identical task that the final worker did, employers must search for talented, smarter applicants that may do a higher task and do it greater effectively. This approach of spotting expertise and assimilating it into an organisation will make sureaorganizationiscontinuallyimproving.Recruitingtopexpertiseiscrucialtothe achievementof any commercialenterprise,aspersonnel area key supply of aggressive advantage(Parsonson,.ed.,2021).Withthepropercrewinplace,youmayincrease productiveness throughout their organisation and offer the pinnacle-notch customer support had to pressure profitability. Hiring the proper personnel in their commercial enterprise is critical irrespective of what form of work company are in. Having great personnel will assist their organization run and grow. However, it could be a frightening undertaking to recruit and hold pinnacle expertise. Reviewing resumes and surfing profiles is most effective a part of the task. For GM company,The advantages of training may be summed up as: Improves morale of personnel- Training allows the worker to get process protection and process satisfaction. ... Increased productiveness- Training improves performance and productiveness of personnel. Well skilled personnel display each amount and great performance. Training is essential as it represents an awesome possibility for personnel to develop their know-how base and enhance their process abilities to end up greater powerful within side the workplace. Despite the price of training for personnel, the go back on funding is giant if it's far consistent. Benefits ï·Wellbeing in GM company,As an employer, employee health and wellness does greater than simply making them glad at work. It's established that selling fitness at work could make an worker greater productive, too. Happier and more healthy personnel are proven to frequently outperform folks that are in businesses which do now no longer sell health and wellness. ï·Goals are more achievable,Goals are powerfulâthey could consciousness interest on reaching perfect outcomes. In commercial enterprise, one perfect final results might be 11
profitability. Whether commercial enterprise dreams are to set business enterprise route or offer motivation, they need to be specific, measurable, achievable, and timely. Setting dreams offers business enterprise long-time period imaginative and prescient and short- time period motivation. It focuses their acquisition of knowledge, and enables business enterprise to arrange some time and their assets in order that business enterprise could make the maximum in their commercial enterprise life. ï·Higher level of happiness and self esteem,Being confident within side the place of job permits you to be situational proactive, assertive and focused. They recognize self assurance is a end result of taking motion and now no longer being afraid to set their bar higher. They have a robust feel of self and that they recognize self assurance permits them to steer powerfully.When employees are satisfied, they sense invested withinside the organisation's dreams and are greater pressured to work. Happiness will increase productiveness as it results in better engagement so satisfied personnel also are greater present. All those elements come collectively to convey firms multiplied productiveness and profitability. Happy personnel live of their process 4 instances longer than sad personnel; Happy personnel are 12% greater productive; Happy personnel devote two times as a lot time to their tasks; Happy personnel have 65% greater electricity than sad personnel. ï·Better employeeâs engagement,When staff are engaged, they're much more likely to make investments within side the paintings they do which results in a better exceptional of labor produced. By making an investment in worker engagement, their agency may be capable of growth productivities, exceptional, and hold top talent.Employee engagement is a place of work technique ensuing within side the proper situations for all contributors of an corporation to provide in their nice every day, devoted to their corporation's dreams and values, influenced to make a contribution to organisational success, with an stronger feel in their personal well-being. Skills ï·Knowledgeandskillsenhanceanddevelopmore,InGMcompanyImproved workforce productivity, due to the fact personnel are capable of gain from colleagues' understanding and information to discover the exceptional manner to get matters done. 12
They'll additionally experience extra liked in a commercial enterprise wherein their thoughts are listened to. Increased commercial enterprise efficiency, through making higher use of in-residence information. Knowledge is each the theoretical and the sensible information, statistics or ability which company gather via enjoy or via learning. Our understanding will increase as company benefit extra enjoy. ï·CommunicationorinteractionskillsenhanceinGMCompanybecause Communication allows personnel find out about new opportunities, manage work, and in the long run keep and domesticate crucial connections. But it additionally allows inside a business; with personnel, customers, and shareholders; and in definitely each different issue of business. ï·Better developing of knowledge and skills in GM industry for new policies and rules so that company can achieve their targets. Personality traits OCEAN:According to the OCEAN Model, there are most effective five foremost additivesofpersonality.ThesefiveadditivesareOpenness, Consciousness, Extraversion, Agreeableness and Neuroticism. AsGeneral Motors,may understand, OCEAN is the acronym of the five foremost trends within side the model. Ocean models are numerical models with a focal point at the residences of oceans and their circulation. Ocean models play a huge position in assisting our know-how of the ocean's affect on climate and climate. Openness, This is the primary and the maximum essential trait within side the OCEAN version of role assessment. Insight and creativeness are a number of the main traits of this trait. Conscientiousness, If company excessive in this extraordinarily essential persona trait, company truly a goal-orientated person. Company have awesome pulse manage with maximum tiers of thoughtfulness. Similarly, mindfulness to information and awesome organizational talents are most important traits of notably conscientious humans. Extraversion, If someone is emotionally expressive and loves to assert his thoughts on others, he takes place to be an extravert or extrovert. Such humans additionally have a tendency to be very talkative and typically social and excitable (Reindl, Lang and Runge, 2021). Being in social conditions offers them greater electricity and braveness to head approximately their business. 13
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Agreeableness, Agreeable staff are a number of the fine humans company will ever meet. They are affectionate, kind, complete of empathy for others and extraordinarily trustable. They are very helpful, beneficent and considerate. Neuroticismis the ultimate and but any other essential trait of the Big Five Personality Traits Model. Some of the essential traits of neuroticism are emotional instability, sulkiness and unhappiness. Evaluation This model helps to GM company in adopting new rules and policies in easy manner and maintain the morale. Through this company can focus on increasing the productivity in right manner.The General motors is involved in maintaining an agile workforce. This provides facilitation and increases the ability to rapidly innovate for stronger competitive advantage. Considering the significance of human resources in business improvement, the companyâs corporate culture is among the main determinants of success in such endeavor. With a major position in the global automotive industry, General Motors is involved in maintaining an optimisation by managing organisational culture. General Motors Companyâs organizational culture instills responsibility and accountability among employees. This cultural characteristic helps minimize and mitigate problems in the company. For example, responsibility motivates GM workers to take necessary action to address problems they encounter on the job. On the otherhand,accountabilitylinksoutcomesandconsequencestoGeneralMotorsâhuman resources, thereby facilitating problem-solving processes. Moreover, this feature of General Motorsâ corporate culture extends to accountability of managers regarding the effects of the automotive business on its stakeholders. There is need to manage the organisational activities for developing a good business management. It is also analysed that there is requirement to develop a positive culture for employees so that they can work in a better manner. CONCLUSION It is concluded the above report which is based on a Case study. There are different areas are covered as per case study and some recommendations so that company can increase their productivity and maintain the morale of the industry for better growth of business. Company must focus on adopting new techniques to engage the employees, so that they can perform well and contribute their affords in business growth. In this training and development also have huge role to provide comfort zone to employees to understand and learn the things. 14
15
REFERENCES Books and Journals Chadee, D. and KostiÄ, A., 2021. Embracing Psychology Positively.Positive Psychology: An International Perspective, p.1. Fisher, W.W., Piazza, C.C. and Roane, H.S. eds., 2021.Handbook of applied behavior analysis. Guilford Publications. Ilyukhin, A.G., 2021. Burnout in the lives of schoolchildren and students: causes, consequences and ways to overcome.Journal of Modern Foreign Psychology,10(2), pp.117-129. Kennel, V., Rosen, M.A. and Lowndes, B.R., 2021. Virtual teamwork in healthcare delivery: IO psychologyintelehealthresearchandpractice.IndustrialandOrganizational Psychology,14(1-2), pp.235-238. Khan, K. and Gul, M., 2021. The Relationship between Psychological Ownership and Subjective HappinessoftheEmployees:MediatingRoleofWorkEngagement.Journalof Professional & Applied Psychology,2(1), pp.10-20. Kwiatkowski, R. and Jackson, C., 2021. A Partial and Provocative History of the Code of Ethics of the British Psychological Society.Handbook of International Psychology Ethics: Codes and Commentary from Around the World. MUPARANGI, S., SIZIBA, S. and MAKUDZA, F., 2021. The Differential Effect of Emotional LabouronBoundarySpanners.JournalofWellbeingManagementandApplied Psychology,4(1), pp.1-10. Nicol, A., Mak, A.S., Murray, K. and Kavanagh, P.S., 2021. Early maladaptive schemas in young people who selfâinjure.Journal of Clinical Psychology. Nielsen, K.S., Cologna, V., Lange, F., Brick, C. and Stern, P., 2021. The case for impact-focused environmental psychology. Parsonson,K.L.ed.,2021.HandbookofInternationalPsychologyEthics:Codesand Commentary from Around the World. Routledge. Reindl, G., Lang, J.W. and Runge, J.M., 2021. Work event experiences: Implications of an expanded taxonomy for understanding daily well-being.Journal of Occupational Health Psychology. 16
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser