I. Excellence Management in an OrganizationThere are many factors that constitute on how to achieve excellence in management. In order to be competitive and for an organization to be successful in the field of management and to be productive, there are lots of things to be considered. Such aspects are the performance of the leaders or managers of the firm and the performance of the firm as whole, safety measures regarding the management, risks that will come along that the organization are going to face and ways to overcome them, and the influence of consultation (Pollock, 2001).
In line with these factors that management of organization must consider are the needs of the organization. These needs can be achieved through the knowledge of the management and technological approaches the management would choose (Barclay, 1997). Dealing with those needs is important and constitute to the excellence in management. There are lots of experiments on how to achieve excellence in management was done by the scholars and of the organization and firms. Some findings are the need to change strategies, designs that can be used to evaluate the organizations’ success, measures as standard basis, methods and ways to adapt to a complex environment; whether to stay with their current strategies in a constant environment or to change due to the changing environment, and many more (Resources, 2006). A.
Ways to Achieving Management Excellence 1. Excellence through Performance ManagementOne design that will constitute on the excellence in management of an organization is through the giving incentives to the individual. This will be dependent on their performance in their field of work. This is called the pay-for-performance system (William K.
Redmon, 2005). For the simple reason, the aim for additional income, the individuals’ development can be achieve by doing this. By doing this, the gap in the individuals’ goal and the organizational goal can be lessen or even better, will be gone. In addition, the costs of goods and services are also in its minimal due to the incentive pays that motivates employees. This motivation factors makes employees to become more productive. In fact, some of the companies are now changing their way on how to pay their employees, from normal salary basis and or hourly basis wage systems, to payment based on the employee’s performance (pay-for-performance system).
As of this time, organizations are having difficulty recruiting workers. This may be due to the minimum wage salaries that they offer. Because of this reason, the firms and other organizations are thinking of ways on how to attract new workers and to retain the old ones. Other companies have the way of increasing the employee’s salaries, thus making an addition to their expenses and labor costs. In addition to this, performance of these newly hired workers cannot be said to have reached the organization’s needs.
Then the need for performance improvement are then on the play. Here comes the study on how to management motivates employees that will become a great use in achieving organizational goal. Organizations have used incentives using incentives such as additional pay depending on the performance of individual employees (Studies, 2004). What others have done is to give those who are in the hard work for the organization’s goal some incentives in the form of not a monetary value but for the recognition of their behaviors.
Such examples of non-monetary value incentives are promotions. Most organizations do such things like this for motivating their employees to be more productive. Together with the individual’s aim for promotion, is the organization having greater profit and lessens the costs of services. Other non-monetary value incentives are recognition of the employees, for example, employee of the month award, best employee of the year, and many more. Such behavioral way of motivations is of great help in achieving excellence in management of an organization.