In your quarterly executive meeting, The CEO just announced plans to expand the business by 30% in the next 2-5 years. In your current review of the organization, you have identified serious concerns in productivity, innovativeness, profitability (or cost effectiveness), and employee morale. All of which are much lower than they should be to meet today's competitive and social challenges. You are now even more concerned with the CEO's plans to grow the organization over the next 3-5 years. Based on your current review of the organization, in addition to the 3-5 year growth plans, identify a minimum of 3 strategies that you will use to address the gaps between future needs and present HR capabilities of the organization. You could choose strategies that focus on any of the following areas in the organization: ● ● ● ● ● ● Job/Work Design Selection/Staffing Performance Management Compensation/Rewards Training/Development Provide a 2-3 page APA formatted paper and include the following elements: Identify a minimum of 3 strategies and corresponding areas of focus in the organization. Provide the rationale for each chosen strategy. What steps do you feel are necessary to achieve the organization's current goals? What steps do you feel are necessary to achieve the organization's 3- 5 year goals? Employee Relations Safety and Health Workforce Diversity Length: 2-3 pages, not including the title and reference pages References: Include a minimum of 2 scholarly resources, one source should be your textbook /n Best workplaces in technology HRMT603 Prof name date 1 2 Best workplaces in technology It is perilous that you, as the HR Director of our company—a leader in the software development and information technology resolutions industry-resolve the shortages in productivity, originality, profitability, and self-esteem. Our company is planned in a way that arouses teamwork and new ideas to embellish in a fast-paced and ever-changing atmosphere. Using sprightly methods, we complete tasks and developments by generating cross-functional teams that work together to provide our clients with top-notch results. “Our company is based in the United States, but we are expanding into new foreign markets via strategic office sites in Europe and North America" (Kaczmarczyk, 2002). Both well-established IT companies and newer startups compete with us for customers and employees in this cutthroat business. Our company's future success depends on our ability to adapt quickly to new technological developments, meet the unique challenges faced by our clients with creative solutions, and encourage a spirit of constant improvement via teamwork and education. Open communication channels promote idea exchange and criticism, and our organizational culture emphasizes honesty, independence, and originality. “Attractive work-life balance policies, career advancement chances, and state-of-the-art technology are what bring in new employees to our company" (Miller, 2012). Three important initiatives will be put into place to fill the gaps that have been identified and become ready for future growth: • Training and Development Programs: Staff members may be better prepared to take advantage of new technology and approaches if you invest in their professional growth via extensive training and development programs. So that our staff can keep up with the 3 competition and adjust to new trends in the business, we are investing in things like certifications, seminars, and online learning tools" (Benson, 2002). Performance Management System: Update the method for managing employee performance so that they get consistent comments, guidance, and praise. In order to boost great performance and invention, it is essential to create measurable performance goals that are in line with the overall objectives of the organization. Regular reviews of performance are also part of this process. • Employee Engagement Initiatives: Set programs in place, as well-being programs, team- building trainings, and assortment and enclosure efforts, to boost employee engagement and self-confidence. Encourage an environment where all employees, unrelatedly of who they are or wherever they come from, are welcome and respected. "In order to substitute innovation and creativity, it is recommended that teams connect openly and work together" (Burnett, 2021). Conclusion Our organization will be well prepared to handle future growth problems if we concentrate on these strategies and keep efficiency, innovation, profitability, and employee morale high. In addition to improving our HR skills, these steps will help us succeed and stay afloat in the IT industry's cutthroat long-term market. References Benson, Angela, S. D. (2002, November). The Use of Technology in the Digital Workplace: A Framework for Human Resource Development. Sage Journals, 4(4). Retrieved from https://journals.sagepub.com/doi/abs/10.1177/152342202237518 Burnett, J. R. (2021). The Future of Employee Engagement: Real-Time Monitoring and Digital Tools for Engaging a Workforce. In T. C. Lisk, International Perspectives on Employee Engagement. Routledge. Kaczmarczyk, S. a. (2002, 2002). Measuring the performance of innovative workplaces. Journal of Facilities Management, Vol. 1 No. 2, 163-176. doi:https://doi.org/10.1108/14725960310807908 Miller, P. (2012). The Digital Workplace: How Technology is Liberating Work (Vol. 9781457510960). Dog Ear Publishing.

Solved: In your quarterly executive meeting, The CEO just announced plans to

Home
questions and answers
in your quarterly executive meeting the ceo just announced plans to ex

Question

In your quarterly executive meeting, The CEO just announced plans to expand the business by 30% in the next 2-5 years. In your current review of the organization, you have identified serious concerns in productivity, innovativeness, profitability (or cost effectiveness), and employee morale. All of which are much lowe