Analyzing the Impact of Managerial Turnover at Holden's Operations

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Added on  2022/12/27

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This presentation examines the impact of managerial turnover on Holden Motor Company's operations. It begins by outlining the dynamic business environment and the challenges faced by organizations, specifically focusing on Holden. The presentation explores the managerial turnover problem, its causes, and its effects on Holden's operations, including increased training and hiring costs, knowledge management issues, and decreased employee morale. Research questions address the impact of turnover, ways to avoid it, and recommendations for improvement. The research methodology includes an interpretivist research philosophy, a deductive research design, and secondary data analysis. Findings highlight the impact on Holden's operations, leading to recommendations such as increasing autonomy, communicating a shared vision, and sharing the burden. The presentation concludes by emphasizing the importance of addressing the managerial turnover issue and provides recommendations for improvement. References include key texts on human resources management and business research methods, along with a Reuters.com article on Holden Australia.
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N A M E O F T H E S T U D E N T
The impact of Managerial
Turnover at Holden`s
operations
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Introduction
The business environment is very dynamic
With respect to this, there exists a number of
problems which are generally faced by the
different organizations
The aim of the presentation is to outline the
managerial turnover problem at Holden
Motor Company (Noe et al. 2015)
Certain recommendations will also be
provided.
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About the company
The Holden Motor company is a firm in
Australia.
Earlier, the firm was involved in the
manicuring as well as the import of
automobiles.
However, the manufacturing option was
closed in 2017.
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The managerial problem
The managerial problem which shall be
discussed in the presentation is the impact of
the managerial turnover on the business
operations.
The Holden operations were affected to a
great extent due to a large number of reasons
and in relation to this, the issue related to the
managerial turnover will be examined (Noe et
al. 2017).
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Research Questions
The research questions which have been
selected can be understood to be as follows:
What is the impact of managerial turnover on the
business?
What are the ways in which managerial turnover can
be avoided?
What recommendations can be provided to improve
the scenario?
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Research Program
The research program can be understood to
be as follows:
Research Techniques Adopted in the study
Research Philosophy Interpretivist
Research Approach Deductive
Research Design Descriptive
Data collection Secondary
Data analysis Qualitative
Research Strategy Secondary Qualitative
Research Strategy
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Analysis
It has become difficult for the different
managers to perform well and deal in high
profits with respect to the work environment.
This has lead to an increase in the
managerial turnover in the firm.
The managerial turnover can be understood
to be a scenario whereby the different
managers tend to leave the jobs (Quinlan et
al. 2015).
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This can be understood to be due to a large
number of reasons which may range due to:
High work pressure
Low autonomy
Lack of market scope
Pay issues
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Findings
Therefore, the impact of the high managerial
turnover on the operations of Holden are as
follows:
Training
and Hiring
costs
Knowledge
manageme
nt
Decreased
Employee
morale
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Recommendations
The following recommendations can be made:
Increase in the autonomy
Communication of shared vision
(Reuters.com 2019).
Sharing of the burden
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Conclusion
Hence, it can be understood that although
the business environment is dynamics,
considerable procedures can be adopted to
improve the scenario.
The presentation seek to identify the scenario
at Holden and provided recommendations to
improve the same.
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References
Noe, R.A., Hollenbeck, J.R., Gerhart, B. and Wright, P.M.,
2015. Human resources management. Instructor, 2015.
Noe, R.A., Hollenbeck, J.R., Gerhart, B. and Wright, P.M.,
2017. Human resource management: Gaining a
competitive advantage. New York, NY: McGraw-Hill
Education.
Quinlan, C., Babin, B., Carr, J. and Griffin, M.,
2019. Business research methods. South Western
Cengage.
Reuters.com 2019, Holden Australia [online]. Available at:
https://www.reuters.com/article/us-holden-australia-manuf
acturing/australian-car-manufacturing-ends-as-gm-holden-
closes-plant-idUSKBN1CP0JB
(Retrieved on: 10 Sept. 2019).
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