Work Based Report
ISSUES
The author is currently attached to the x’s U.S. Funds’ Compliance constituting seven members that report to two directors and overseen by a Global Compliance Director. The organization structure of x is as follows:
With the current on-goings in x, survey among employees’ shows that the management issues that is faced by the company are absence in leadership, lack of management skills, unsuitable organization structure, and communication breakdown amongst team members.
Lack of Leadership and Management Skills
Interviews with several team members resulted in a majority expressing that they are not satisfied with their managers’ management abilities. Some of the complaints were the absence of coaching or guidance received from the managers and the lack of recognition for the contributions that they make to the company. The employees also reported that the managers do not meet regularly enough with the employees to discuss their career development and career progression or to talk about their workload, meeting objectives and other work related issues. There is an important link between employees’ satisfaction with their manager and their willingness to go the extra mile for their manager. A small increase amongst the manager can make a significant contribution to productivity and growth.
Unsuitable Organization Structure
A correct management structure ensures an organization’s continued growth, content employees and profitable returns for the shareholders, whereas a wrong structure can create tension between employees and managers, allow inefficient work practices to flourish and reduces company’s profitability. In this case, x’s organization structure incorporates a flat organizational structure model, which has fewer management levels with each level controlling a broad area. Flat organizations focus on empowering employees rather than adhering to the chain of command (Griffin, 2012). Although a flatter organizational model is said to promote
The author is currently attached to the x’s U.S. Funds’ Compliance constituting seven members that report to two directors and overseen by a Global Compliance Director. The organization structure of x is as follows:
With the current on-goings in x, survey among employees’ shows that the management issues that is faced by the company are absence in leadership, lack of management skills, unsuitable organization structure, and communication breakdown amongst team members.
Lack of Leadership and Management Skills
Interviews with several team members resulted in a majority expressing that they are not satisfied with their managers’ management abilities. Some of the complaints were the absence of coaching or guidance received from the managers and the lack of recognition for the contributions that they make to the company. The employees also reported that the managers do not meet regularly enough with the employees to discuss their career development and career progression or to talk about their workload, meeting objectives and other work related issues. There is an important link between employees’ satisfaction with their manager and their willingness to go the extra mile for their manager. A small increase amongst the manager can make a significant contribution to productivity and growth.
Unsuitable Organization Structure
A correct management structure ensures an organization’s continued growth, content employees and profitable returns for the shareholders, whereas a wrong structure can create tension between employees and managers, allow inefficient work practices to flourish and reduces company’s profitability. In this case, x’s organization structure incorporates a flat organizational structure model, which has fewer management levels with each level controlling a broad area. Flat organizations focus on empowering employees rather than adhering to the chain of command (Griffin, 2012). Although a flatter organizational model is said to promote
Bibliography: North Carolina, Centre for Creative Leadership