Learn about non-financial rewards that organizations can use to appreciate and boost the perception of personal worth in employees. These rewards are cost-effective and leave a long-lasting influence on employee's perception.
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KNOWLEDGE MANAGEMENT ASSIGNMENT 4.2 TASK 4.2: a One of the greatest challenge for every organization is constantly rewarding employees’ efforts and boosting their perception of personal worth without issuing pay increases. Employees in every organization want to feel valued by their employer because that is an important requirement for increased output in the organization [1]. Normally, all employers should give their employees regular pay increases, and hold appreciation parties every so often. Nevertheless, that is not normally the case due to many competing demands that require the attention of the organization’s finances. However, there are many non-financial rewards that organizations can use in rewarding employees and most of these do not cost much. Companies have many options in which they can reward the efforts of their employees and these are cheaper and they leave a long-lasting influence on the employee’s perception [2]. The suggested solutions include simple gestures that are supposed to encourage employees and they all go a long way in making the employees self- worth appreciated. In addition, the solutions are applicable and they are supposed to show gratitude to the employees for their service to the company. The group came up with four solutions other than the common pay increase approach for making an employee may have their person of personal worth appreciated. These are as discussed below: 1. Regular Praise In every organization praising employees that have done well is a necessary and is a recommended morale booster [1]. The use of praise really costs nothing but it leads to a substantial increase in the employee’s perception of personal worth. The employees feel appreciated and that is one of the simplest non-monetary approach applicable. Praising employees can probably start with a simple act such as sending the employee of interest a handwritten thank-you note. The thank-you note is supposed to be drafted by the seniors and is supposed to detail the exact reasons of the gratitude the company has for the employees. Additionally, the employee can be summoned by a ranking officer at the company and thanked verbally. The officer must explain to the employee the reasons why the company appreciates their role and why the company management values the employee’s contribution [1]. Dialogue is very vital because it leaves the employee with a lasting feeling of personal worth to the team and to the company as a whole [3]. The only thing that is discouraged in this approach is the use of general emails and generalized praise that is sent by general managers to every employee. The thank-you notes suggested must be hand written and the conversation must be genuine. 2. Showcasing The most important members of any organization are the best performing and the dedicated employees. Such employees are key in making the company profits and deserve proper
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showcasing that will motivate them adequately. Therefore, in an organization there is a need to make sure that they get an opportunity for recognition where they will have their personal efforts recognized. The leading performers in every category must showcased and that will surely make them feel well appreciated [1]. Therefore, there should be a leaderboard up that shows the best performers in every department and the winners must be known and their achievements well listed. The top employees that do not make it will compete for the top and this will bring about healthy competition while at the same time boosting personal worth to listed employees. The inspiration that comes from the showcasing is a very important boost for all involved and will in the long run lead to better results. 3. Increased Responsibility The sum of responsibilities given to employees directly correlate with their capability. However, even the knowledge that they are trusted by the company and are allowed to take lead in important tasks and roles and that their ability to decide in some matters is very important for their personal growth. The feeling that their involvement is very vital and a key requirement for the operation of the company shows them that the company believes they are a mainstay. Indeed that also demonstrates that these employees have the ability of taking their career goals much more seriously and that their personal worth grows as their responsibilities increase [1]. 4. Small Company Events and Parties As a way of making employees feel appreciated and valued, it is important that a company sets a small part of its budget for some small parties and events. The employees will definitely feel relieved from the work of the day and the break that comes with the celebration for the good work they do is necessary. The option is a direct substitute to a pay increase and it can be done in many ways [4]. For instance, the company can choose to celebrate monthly birthdays of the company employees born at a certain month and that improve the personal perception of the employee and makes them feel valued and loved. The company could may be opt for regular and well served catered luncheons on the important days of business. For example when the times at work are very busy, the luncheons can be a good way of showing the employees that they are valued and that the company minds about them. Such strategies are easy to come up with and they will all serve the purpose of making the employees in the company feel as valued members of the team they serve. Task 4.2: b Nominal group technique The technique is applicable when used by a small group of people with the goal of trying to come up with a decision that best tries to represent the group's views. The process uses several voting cycles and the cycles results are representative of the end result. The seven members of the group met and the group leader explained the reason for meeting. The members were supposed to find the best solution to the employee personal-worth perception problem. In doing so they considered the four suggestion from the brainstorming exercise on 4.2(a) above. The
members were part of the group that came up with the four solutions and so they were familiar with them and so they were ready for voting using the ranking method. The voting was done using the ranking method which places emphasis on just a few ideas. During voting, the recording of the vote was done after the leader assigned a number for each idea. The option that each member opted was recorded and the rank assigned out of a maximum rank of 10. After the actual votes were recorded, the rank was assigned and the breakdown was as follows: SOLUTION #MikeMayMasonMelanieMobyMiaMisseyTOTAL 1435544429 2345855537 3566887649 4879989963 Based on the breakdown in the ranking method above, solution 4 was the most popular solution opted by the group members based on the nominal group technique. Task 4.2: c The seven through consensus agreed that the best solution to the employee personal- worth perception problem is solution. After brainstorming on the four solutions and discussing them at length, the members agreed that giving employees regular small parties and events will definitely make them feel relieved from the work of the day. The parties will help them have a break and that will be the best remedy for employee personal-worth and perception.
ASSIGNMENT 5.1 TASK 1:Knowledge Codification General frames are applied in natural language and they are used in understanding a collection of attributes that are linked to values that describe a real world entity. Below are frames codifying three different entities are a horse, a student and an airline pilot. Horse HORSE SlotFacet BreedFlash-dance Type18-hand thoroughbred Student STUDENT SlotFacet NameBrenda Height ClusterMedium-height YearFourth year CourseLiberal arts Pilot PILOT SlotFacet NameFred Age in the Profession30 StatusVeteran ProfessionPilot Assignment 5.2 Knowledge developers Based on the two statements suggested by two types of potential knowledge developers, the second approach appeals to me more. The approach would be more successful in knowledge development is the second one. Based on the Florence Nightingale influence and contribution in
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nursing knowledge development, the need for the development of interpersonal skills always supersedes the overreliance on the hard skills. The soft skills are very vital because a person with the soft skills can still learn the hard skills through collaboration and through being part of the team. For instance the skills that the first person promises are hard skills required in computer programming. A computer programmer needs the computer languages mastery for him or her to be a star programmer. However, a talented generalist in the field can still attain more success when he or she gets sharpened based on the skills of interpersonal skills that they already possess. Furthermore, the user friendly person with a very rigorous and analytic mind will even learn more when teamed up with a competent knowledge developer. Therefore unlike the first statement, the second suggestion offers more in terms towards a more successful trend in knowledge development.
ASSIGNEMENT 7.1 Stage 1: Advocate and learn Being a global company, the knowledge management had to be part and parcel of all their day to day activities. The teams tasked with the operations in all the departments were supposed to come up with ways and means of advocating for the minor and changes required based on the incoming information. The advocacy is a key part of knowledge management because as witnessed in the case at hand, the failure in integration of the solutions offered by Alpha was the trigger to failure. As a solution, the team tasked with sourcing and carrying out the due diligence resulting from the feedback from Alpha was supposed to have done better than they did at the time. Stage 2: Develop strategy Matters of strategy are vital in organizational management. Furthermore, the matters of strategy are even much more vital when it comes to knowledge management. Knowledge management building block for the growth of an organization and it should be well manage. The best strategy that would have been applicable in this case would be to manage knowledge by spreading it to all the departments instead of using a silo-oriented community approach that hoards information works against the company and does not result to proper knowledge development. The other shortcoming is the over-reliance on the IT systems whose greatest disadvantages are failure and restricted access. Stage 3: Design and launch KM initiatives The failure of the design and the launch of the knowledge management initiatives arose from the poor management and the high costs. The cost to sustaining the knowledge management initiatives grew and the company would no longer sustain them. In addition to the limited access and sharing of the feedback, the company ended up deciding to cut down the losses and terminating the entire initiative altogether. Stage 4: Expand and support initiatives As explained, the team tasked with the expansion of the system failed to complete even the initial worktable. The sales function was not done on schedule and that greatly affected the entire system. The delays led to a general delay in the workings of the company due to the absence of a proper knowledge management system. Stage 5: Institutionalize knowledge management The company failed to institutionalize knowledge management and instead relied too much on gathering information and storing it in computers. A proper way of approaching knowledge management should be to spread it and have it passed on to the people. The overreliance on the external and internal IT resources only led to losses and undistributed knowledge.
REFERENCES [1].Hislop, Donald, Rachelle Bosua, and Remko Helms.Knowledge management in organizations: A critical introduction. Oxford University Press, 2018. [2]. Donate MJ, de Pablo JD. The role of knowledge-oriented leadership in knowledge management practices and innovation. Journal of Business Research. 2015 Feb 1;68(2):360-70. [3]. Liebowitz, Jay, and Michael Frank, eds.Knowledge management and e-learning. CRC press, 2016. [4]. Todorović, Marija Lj, et al. "Project success analysis framework: A knowledge-based approach in project management."International Journal of Project Management33.4 (2015): 772-783.