Rolls Royce Company: Analysis of Employee Turnover and Solutions
VerifiedAdded on 2021/02/21
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Report
AI Summary
This report examines the Rolls Royce Company, focusing on its high employee turnover rate. The analysis identifies that employee demotivation, stemming from job cuts, is a primary driver of this issue, negatively impacting the company's brand image and operational efficiency. To address this, the report suggests implementing Henri Fayol's 14 principles of management to improve employee-manager relationships and foster a better working environment. This approach aims to increase employee satisfaction, reduce turnover, and enhance the company's ability to attract and retain talent. The report references relevant academic sources to support its analysis and proposed solutions.
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