Company Profile of Siemens: Management and Information Environment

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ASSIGNMENT 1: Management and Information Environment
Company Profile of Siemens
Siemens is a German multinational conglomerate company headquartered in Munich, Germany. It is the largest Europe-based electronics and electrical engineering company.[1] Siemens is organised into six main divisions: Industry, Energy, Healthcare, Equity Investments, Siemens IT Solutions & Services and Siemens Financial Services. Human Resources Perspective : Siemens 3i Program

The human resources perspective combines prescriptions for design of job tasks with theories of motivation. [2] Siemens humanistic perspective on management is reflected on its 3i program, which applies Theory Y assumptions to tap into employee creativity and mind power. The 3i Program(ideas, impulses, initiatives) encourages ideas and suggestions from employees and rewards these initiatives. There are direct and indirect ways for improvement suggestions. Employees can either contact supervisor directly to voice their ideas (direct) or submit their suggestions to the 3i office, who will step in to find the responsible department(indirect). Employees will be rewarded if their improvement suggestions are adopted. Siemens has a huge number of motivated employees and thus enormous creative potential on ideas for improving work surroundings, optimizing processes, saving money or enhancing competitiveness. Today 100,000 3i suggestions a year are put into practice-at Siemens AG in Germany alone. [3] This Theory Y approach enables the company be rewarded by premiums totaling €300 million. Impact of Social Forces : Training in Siemens

Social forces refer to those aspects of a culture that guide and influence relationships among people. One social force is the changing attitudes, ideas and values of Generation Y employees, who want a work environment with access to opportunities to learn and further their careers and personal goals.[4] In response to the social force of Gen Y workers,...
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