Thursday, February 20, 2020
Business Analysis and Review of Timberland Case Study
Business Analysis and Review of Timberland - Case Study Example This relationship makes the company to give more emphasis on the societal and environmental issues and concerns. Now-a-days, it has become a trend that before buying a product, customers not only look for quality and price but the commitment from the part of that business organization as well for the common good of the society. According to a survey undertaken within the organization, most of the employees are interested in working for a socially committed company than receiving high salary. As there is a good working environment there will be less absenteeism and which means there is a reduction in the cost of recruitment, selection and training ,and leads to the over all improvement in the performance of the organization. The main drawbacks of the relationship include many employees in Timberland lost their job and the company downsized its operation. City Year faced shortage of funds as Congress threatened to withdraw federal funding. Employees of Timberland were not ready to accept the decision of diversion of a big amount to City Year. Timberland also faced financial problems which affected their social service. Association of a profit organization and a non-profit organization may raise some questions regarding its objective which is different from each other. So some adjustments might require in this regard which affect shareholders of both the organization. Main motto of Timberland behind this association was social commitment but they gave secondary or no preference to the brand and company image and also to the equity base of the company. Consider some of the other factors of this relationship such as co-dependency, drawbacks and benefits of being tied to only one community organization, exclusive sponsorship, etc. As Timberland is having association with only one organization, that is City Year, give the advantage of interdependency. In other words both the organization can make some unifies action in their policy formulation and also they can share the resources available. The disadvantage is that the society may raise question like this; if the company (Timberland) is more committed to the social service why did not they make association other charity organization. As a result of this relationship the organizations whom helped the City Year financially may withdraw their further help as City Year got sponsorship of Timberland. Now discuss each of these issues in a short narrative and then construct a Benefit/Drawback table to summarize your findings. Then discuss the impact and strategic value of each and try to determine the overall impact of this relationship: Table showing the benefits and drawbacks of relationship Parties Concerned Benefits Drawbacks The Organizations (Timberland and City Year) The reputation of the Timberland enhanced and also it resulted in increase in the business and decrease in labour turnover. As regards to City Year is concerned, financial position become strong and the interdependency helped in decision making. It led to employee dissatisfaction at Timberland as their colleagues lost their job and also it affected the financial balance of the company. With regard to City year, the association
Wednesday, February 5, 2020
The Effects on the Human Resource Employee and the Company Research Paper
The Effects on the Human Resource Employee and the Company - Research Paper Example The ââ¬Å"catchment areaâ⬠then becomes quite important. ââ¬Å"The catchment area will be determined by the proximity of competitors, types of employees involved, their age and sex, and the provision of transport and housing (Pearson 83). There are other factors to consider in the type of employee as well. Is your company a small company? Will the employee need to interact with just a small number of other employees, or will the prospective employee need to interact within a large organization? Are the requirements of the job such that an individual will be required to work well alone, or will the person need to interact with others in a variety of ways? Is the employee going to be an executive, and if so what will be his/her duties and responsibilities? Other considerations might include, do we need a certain gender of the employee, or does the company wish to look for a minority to fill the position? All of these considerations and many more are questions to answer before be ginning the search for a new employee. Once the analyst has defined the employee characteristics needed to succeed at the position, defined his labour market and has a working knowledge of his catchment area the analyst can then take on the next step. That next step is to know of and understand, the number of different categories that an analyst must take into consideration. One of these categories is to know your competition. What are your competitors doing to lure good, long-term viable employees while ensuring that they will be retained by the company?
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