MBA401 Report: Analyzing JB Hi-Fi's Leadership and Performance

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Added on  2022/07/28

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This report provides an analysis of JB Hi-Fi's organizational performance, focusing on culture change, employee engagement, and performance and reward systems. The report begins by outlining the company's background and introduces the core areas of investigation. It examines JB Hi-Fi's initiatives for performance improvement, including training, addressing performance gaps, and non-financial metrics. The report then delves into cultural initiatives, such as integrating recruitment and selection, top-down approaches, and ethical behaviors. It also explores employee engagement strategies, highlighting the importance of inclusivity, creating a conducive work environment, and the implementation of a whistleblower initiative. The report concludes by summarizing the key findings related to performance, culture, and engagement improvements, emphasizing the importance of these factors for JB Hi-Fi's overall success.
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People, culture and contemporary leadership
Name
(Affiliation institution)
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Introduction
Purpose of the report- culture, engagement and performance improvement
Overview of the company - JB HI-FI founded in 1974, products offering such as Portable
Audio and stacks, Home theatre, Car Sound, Speakers, Hi-Fi, Cameras, TVs, Tablets, and
Computers
Thesis statement- analyze engagement initiative, culture and performance.
Performance Related Initiatives
JB Hi-FI performance improvement through work safety, core competencies enhancement
Include training and coaching staff on performance gaps, non-financial metrics, removing
barriers for success through surveys and leveraging high-impact leadership practices.
Employee initiative to boost performance (Employee action initiative). The initiative trains,
resolve workforce conflicts address all welfare of staff to improve their performance”.
KPIs for the performance measurement- a high achievement of goals and targets, the
motivation of employees, customer satisfaction rates.
Culture Related Initiatives
Definition of culture in an organizational context (collection of beliefs and norms)
Core values of the JB Hi-Fi organization.
JB Hi-Fi improves cultures through by integrating the recruitment and selection of
employees, encouraging top-down approach, regular goal setting and practising ethical
behaviours, regular goals setting and engaging in corporate social responsibility
Culture initiative include “Matching dollar for dollar
Type of culture prevalent (hierarchal)
Engagement Related Initiatives)
Definition of employee engagement and its importance
JB Hi-fi improves employee engagement through inclusivity and diversity, building
conducive working environment and relationship, creation of a trust, awarding of employees,
Whistleblower initiative for engaging employees (reporting misconducts and their concern
anonymously)
Employee engagement has a high likelihood of success
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Conclusion
Summary of the main points raised in the essay (summary of performance, cultural and
engagement improvement and the initiatives)
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