Assignment on Leading Managing Organization

Running head: LEADING MANAGING ORGANIZATION
LEADING MANAGING ORGANIZATION
Name of Student
Name of University
Author’s Note

LEADING MANAGING ORGANIZATION
1
EXECUTIVE SUMMARY
The main purpose of the report is to conduct a review on the importance of employee retention
and engagement programs which are followed in a business. The report also sheds light on the
importance of leadership on the employee engagement and employee retention. The employee
engagement and employee retention have considerable effect on the financial management and
overall performance of an entity. The role of operation management and human resource
department on the employee retention and employee engagement is immense and it is explained
in this report. The report also discussed about the zero contract hours and its effects over the
company’s financial performance and employee retention strategy. The report takes a dig about
the relationship between the zero contract hours and the employee engagement strategy. This
report also discusses about the best strategy that the company can implement for engaging their
employees and also retaining their employees.

LEADING MANAGING ORGANIZATION
2
Table of Contents
INTRODUCTION:..............................................................................................................3
ANALYSIS:........................................................................................................................3
LEADERSHIP:....................................................................................................................4
OPERATION MANAGEMENT:........................................................................................6
FINANCIAL MANAGEMENT:.........................................................................................8
FINANCIAL PERFORMANCE:........................................................................................9
Increased Productivity:..................................................................................................10
Lower Employee Turnover:...........................................................................................10
Improved Customer Satisfaction:..................................................................................11
HUMAN RESOURCE:.....................................................................................................11
CONCLUSION:................................................................................................................11
RECOMENDATION:.......................................................................................................12
REFERENCES:.................................................................................................................13

LEADING MANAGING ORGANIZATION
3
INTRODUCTION:
This report provides complete insight about the importance of the employee retention and
employee engagement. The report discusses about the impact of leadership, operation
management, financial management and financial performance over the employee retention and
employee engagement. The report mainly discusses about the impact of the employee retention
and employee engagement over the sustainability of the company in the industry. The report also
discusses about the zero hour contracts and its importance in the employee retention and
employee engagement program.
Zero contracts hours are the treaty the employer or the company management use to hire
the staff with no guarantee of work (Treen 2015). Zero contracts hour is also known as casual
hour. The disadvantages of zero contract hours are also being highlighted in this report. Zero
contract hours provides considerable amount of effects on the employee retention strategy and
employee engagement strategy. These effects are also being discussed in this report. Thus, to
explain the effects of financial management, operations, leadership, financial performance of the
company on the employee retention and employee engagement, different analysis has been
conducted.
ANALYSIS:
Zero contracts hour is also known as casual hour. As per this contract the employer hires
the employee for a short period of time. The payment of this employees depends on the hours
they work. The choosing of the shift timing is also depends on the zero hour worker. The perks
like sick leave and other amenities does not provided by the employer to their zero hour
employees. As per the recent statistics, more than 70,000 employees in United Kingdom are