People, Culture and Contemporary Leadership Case Study 2022
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Running head: PART A People, Culture and Contemporary Leadership [PART A] Name of the student: Name of the university: Author note:
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1PART A Introduction This study deals with assessing 'Xero Ltd', which is one of the companies in Australia's top 200 listed on the Australian Securities Exchange (ASX) (Asx200list.com 2020). The purpose of this study is to see and identify how effectively the company deals with a few of the most important activities of contemporary organisations. These are managing the performance at the workplace, fostering a supportive and responsive organisational culture and keeping the people effectively engaged to work. Performance-related initiatives Performance-related initiatives are the actions adopted to address a performance problem or implement new practices to leverage emerging opportunities in the existing or a new marketplace (Maletičet al.2016). In this study, the centre of the discussion is Xero Ltd. It was being found in the research that the company has taken a few notable initiatives concerning organisational performance. One of these is its recruitment policy and practices. Xero strives to foster a diversely natured workforce. It looks to attract and recruit people from different gender, cultural and physical orientations. They do seminars in colleges and universities to recruit the students based on their skills to facilitate an unbiased recruitment practice and support the development of a diverse workforce. They also have partner companies to resource them the veterans and individuals with disabilities (Asx.com.au 2020). Culture related initiatives Workplace culture can have significant impacts on employee motivation. A company that does not address the concerns of its people appropriately is bound to face many barriers in its way to a change (Davis, White and Stephenson 2016). For instance, if a company has to make
2PART A night shifts compulsory for all amid the new business needs, it must have the required support from its employees to get the initiative implemented effectively. It was being found in the research that Xero effectively understands the urgency to keep its people motivated, which is whyitstrivestofollowemployeeempowermentactivities.Itregularlydoesone-on-one conversations and company-wide engagement activities to identify and listen to their concerns and keep them motivated (Asx.com.au 2020). Engagement related initiatives The research of Choi (2019) says that employees are the most valuable asset for a company. They should be given the best care to encourage them to deliver their best. The best way to keep employees engaged to work is to keep them away from any distraction that affects their productivity. The distraction will happen when there is no sufficient acknowledgment to performance. One of the best ways to acknowledge the performance is to facilitate the rewards and recognition programs. Xero Ltd. also facilitates the total rewards system, which includes compensation offerings and several other benefits (Xero Accounting Software 2020). Conclusion In this section, there will be concluding remarks on what could be extracted out from the discussion on Xero Ltd. to be of importance for the company in the future. In the purpose, few points of suggestions based on the findings of the study could be put forwarded to, so that, Xero Ltd shows a better utilization of its initiatives concerning the areas discussed in the study.
3PART A References Asx.com.au2020.[online]Asx.com.au.Availableat: <https://www.asx.com.au/asxpdf/20190516/pdf/445434h484j299.pdf>[Accessed17April 2020]. Asx200list.com2020.ASX 200 ListOf Companies- Directory. [online]Asx200list.com. Available at: <https://www.asx200list.com/> [Accessed 18 April 2020]. Choi, J.H., 2019. What one thinks determines one's actions: the importance of employees’ perception in implementing HR systems.Asia Pacific Journal of Human Resources,57(1), pp.85-102. Davis, K., White, S. and Stephenson, M., 2016. The influence of workplace culture on nurses’ learning experiences: a systematic review of qualitative evidence.JBI database of systematic reviews and implementation reports,14(6), pp.274-346. Maletič, M., Maletič, D., Dahlgaard, J.J., Dahlgaard-Park, S.M. and Gomišček, B., 2016. Effect of sustainability-oriented innovation practices on the overall organisational performance: An empirical examination.Total Quality Management & Business Excellence,27(9-10), pp.1171- 1190. Xero Accounting Software 2020.Online Accounting Software – Free Trial, Free Support | Xero. [online] Xero Accounting Software. Available at: <https://www.xero.com/> [Accessed 17 April 2020].
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