Knowledge Management Assignment 2022

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Added on  2022/10/17

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Assignment
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KNOWLEDGE
MANAGEMENT
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TABLE OF CONTENT
A) Brainstorm transcript..................................................................................................................1
B) Nominal group technique for selecting best possible solutions..................................................3
C) Consensus decision making........................................................................................................4
REFERENCES................................................................................................................................6
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Transcript of brainstorming
The ways in which a company can reward the efforts of employees other than incentives and pay
are suggested by different team members. In a 5-minute brainstorming session, six team
members were participated and come up with variant views on the concerned topic. The
following components will help to achieve desired managerial functions that will lead to
accelerate and boost productivity of workforces.
Student 4 Career Advancements:
With career advancement opportunities to the employees, there will be a sense
of responsiveness generated among the manpower regarding the company.
They will feel motivated and tend to perform in a more effective way. With
career advancement options employees will perform efficiently in order to seek
self-development components [1]. It also increases the sense of job satisfaction,
security and loyalty among the workforce.
Flexible working hours:
Flexible working hours increases the efficiency of the employees and will lead
to better working environment. The company may opt for different working
hour’s flexibility according to the employees’ performances. It will lead to
create a healthy working culture and employees will be able to deliver effective
results timely.
Student 6 Leadership opportunities:
Providing leadership opportunities to employees make them highly motivated
and assigning them responsibilities will boost their confidence. Sense of
responsibility will increase their efficiency and dedication towards given
leadership function. By providing these types of opportunities, employees will
be able to work collaboratively.
Student 3 Job enrichment:
This is another form of motivation or reward program that can generate huge
difference within any workplace. Such policies within the company promote
productivity and encourage them to work. With the provision of job enrichment
as reward, the employees can receive creative and less repetitive work
responsibilities [3]. It will reduce the monotonous working process and thus the
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employees will be able to come up with more creative ideas and strategies.
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Upgraded working conditions:
The efforts of employees can also be rewarded by upgrading their current
working condition, in this way they will be able to perform in a better way. It
will be easier for employees to concentrate on their tasks in a comfortable
culture and will improve working facilities. It can be proving as an elementary
factor that highly influence working behaviour of employees.
Student 1 Holiday and travelling packages:
The provision of such packages within any organization will encourage
employees to build strong communication processes. Travelling packages will
improve the efficiency of employees and will make them feel happier and
stress free. It will also motivate other employees to work in desired manner and
in this way, it will cultivate a uniform level of productivity among workforces.
Student 5 Recognition programs:
Recognition programs will tend to facilitate the employees to work harder and
build a positive network among employees. This kind of reward can prove to
be highly effective and need to be involved in rewarding system at every
workplace. Recognition facilitates engagement levels and communications
among employees and employers.
Handwritten appreciation notes:
With such type of appreciation, the employees will be able to feel admired,
confident about themselves. Personalised appreciation note will boost the
commitment of employees towards the organization. Word of appreciation
continues to encourage employees’ moral and push them to maximize their
productivity.
Student 2 Gift cards and vouchers:
Such type of reward system influence company’s culture and promote
employee’s engagement at different levels. It will boost their effectiveness and
reduce work related stress as well. Such type of tangible rewards other than
incentives plays a vital role in creating favourable pattern of performance
delivery and motivates employees.
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Promotions:
Promotion can be a feasible reward element that can contribute to resolve the
persisting issues with employees in large organizations. It will not only
increase the productivity but also develops a potential among employees
towards continuous growth. Promotions to employees deliver employees’
loyalty, performance and their increase the level of their morale.
Above mentioned techniques and modes are the outcomes of brainstorming transcript. It will
help to increase efficiency of reward systems in large organizations and can be adopted to
appreciate efforts of employees [4]. The workforce can be motivated by applying applicable and
feasible reward functions as per the norms of different organizations.
Point (A)
1. Above mentioned elements are some perfect rewards for employees’ effort.
2. Career opportunities improve their professional productivity.
3. Flexible working hours and advanced working condition make them motivated.
4. Tours and travelling packages improve engagement.
5. Leadership opportunities will develop a quality of implementing different leadership
styles within the employees as per the situations.
6. Job enrichment reduces monotonous working
7. Appreciation note can also be an effective reward for efforts.
8. Recognition programs can be the most fruitful solution of all.
9. Gift cards and vouchers deliver motivation and satisfaction
10. Promotions can be the last option to implement which can be extremely effective.
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Point B)
1. Nominal group technique has been used to identify the best solution in concern with the
persist issue. The process of decision making is supported by the technique of nominal
group technique which proceeds by quick agreements and compilation of significant ideas
[4].
2. The team members suggested and supported following options for the selected issue as
some feasible and adoptable measures or solutions and ranks according to its feasibility.
Solutions Participants’ Ranking Total
1 2 3 4 5 6
Career Advancements 5 5 3 2 15
Job enrichment 4 5 2 3 14
Recognition programs 4 2 1 3 2 4 16
Gift cards and vouchers 3 2 4 3 12
Holiday and travelling packages 3 4 5 4 2 18
Leadership opportunities 3 1 2 4 4 5 19
Handwritten appreciation notes 3 4 3 10
Flexible working hours 4 3 2 5 4 4 22
Promotions 5 3 2 1 11
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3. As per the ranking table, the best possible outcome is the flexible working hours that need to
be provided by executives to employees according to the students.
4. As per the nominal group technique, flexible working hours can be a form of an effective
reward to employees’ efforts that will lead to job satisfaction as well.
5. Flexibility of working hours will deliver a cooperative working culture and reduces the level
of stress. It can prove to be one of the best possible solutions to encourage and reward
employees’ efforts efficiently.
6. Providing an opportunity of flexible working hours as reward will help the employees to
build a positive working environment.
7. Providing leadership opportunities to employees can also be another solution to the
identified issue. It will help them to increase their decision taking power [1].
8. Leadership opportunities will make the employees feel responsible in decision making
process. It will increase the quality and competencies of workforces to lead or handle any
situation effectively.
9. Another option that will facilitate employees is to provide them tour and travelling packages
as rewards.
10. Tour and travelling packages will deliver them motivation and will lead to build a network
of happier and satisfied workforce.
Point (C)
1. The consensus decision making process tend to select the most appropriate and feasible
solution out of all the presented options. Based on nominal group technique, the option
received highest ranking can be opted to resolve the issue persist within large
organizations.
2. Provision of flexible working hours has been selected by the help of nominal group
technique [2]. Adoption of this reward function enlarge organizations can be effective to
motivate employees but there are few loopholes that can be associated with this solution.
3. The employees will not adopt a proper time management skill which is one of the
significant parts of work-life. Flexible working hour as a reward may create a sense of
discrimination to other employees if it is being provided to some fixed group of people.
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4. It indirectly affects the working patterns and culture of a workplace and influence the
level of discipline as well. The chances of getting incompetent and irresponsible at
workplace may be increased with the introduction of flexible working schedule.
5. Leadership opportunities can be promoted within a reward system of a large company to
motivate employees for their efforts [5].
6. It will let them learn techniques of leading and working with a team and promote a sense
of equality among employees if reward is being provided without being biased.
7. It will also develop a collaborative or uniform decision-making process among
employees working as a team.
8. Therefore, opting flexible working hours as reward can be challenging and may affect the
culture of any company. On the other hand, considering leadership opportunities as
reward will enhance the employees at professional level.
9. It will tend to increase the efficiency, performance, decision making and problem-solving
efficiency of employees and simultaneously boost their motivation to the fullest [5].
10. Giving leadership opportunities as reward and motivating factor will prove to be a win-
win situation for employees, employers and whole organization.
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