country
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!

Profitability Of Family Leadership Springer

tag 0 Download4 Pages / 958 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Question:

Discuss About The Profitability Of Family Leadership Springer?

 

Answer:

Introduction:

The following report is going to illustrate a pan for monitoring of the case business and the plan that has already been made. In this context, the concept of organizational leadership is going to be illustrated and focused upon. Ozhouse Clean is a family business that looks into the service provision to professional and residential cleaning services. Being a family business several issues need to be identified.  One of the major issues that are often identified in any family business is that the members of the business often lack professional ethics and competencies (Ward, 2016). Since there is no effective involvement from the external figures of the company, the core business performance is based only on the members associated with the family. In this context, he monitoring would focus on whether the business members and the workforce is effectively competent and diligent in providing best services to the professional and residential clients (Neubauer & Lank, 2016).

Monitoring Outline:

The outline of the monitoring would be based on the following issues:

  1. Checking the Core Competencies of the workforce
  2. Checking whether the organizational goal is properly assimilated with the individual goal of the workforce
  3. Developing professionalism within the organizational members

Creating effective opportunity of cognitive development of every organizational individual

Since the objective of the management is to become a small and contented family business where all the staffs can remain happy ad satisfied with the organization, the purpose of the monitoring would be to create a platform where most of the customers are linked with the staffs having strong business relation. Keeping in mind the familial relationship and business effect, the monitoring performance would be done. In order to quantify the leadership approaches, monitoring becomes most significant an area through which the organizational goal can be linked and channelized through the competent vein of each and every individual.

Monitoring the Small Heads of Workforce:

Though it is easy to monitor small number of people and their business operations, the melioration of quality of their work needs to be ensued through continuous vigilance process. Keeping in mind the labour cost, this has to be taken into certain consideration pertaining to the effective understanding of the process that has been taken into certain cases with its different segmentation of the issues. The monitoring would be focused on the following departments;

  1. Cleaning
  2. Home service

House Staffing

  1. Marketing
  2. Cleaning Supplies and logistics
  3. Human Resource Department

In order to retain the existing staffs their engagement would be monitored. Since the cleaning staffs are the core business performer of the organization, their overall engagement with the organization needs to be ensured (Poza, 2013). It needs to be monitored whether they face any trouble related to core operation and if so, the issues would be documented on individual level. Through implementation of Key Performance Indicator the quality of staff performance needs to be ensured and enhanced (Parmenter, 2015). The following KPI parameters would be taken into consideration:

A check list has been developed for the confirmation of KPI of the company:

Staff Accepting organizational values

Y/N

Reconciliation of the organizational business strategy

Y/N

Maintaining daily Attendance Tracker

Y/N

Need of further development

Y/N

Performance and career management Plan

Y/N

Ensuring profit per employee

Y/N

 

KPI Table for Human Resource:

Sl No.

Key Areas

KPI

Weight of KPI

Target

Actual

Score

Final score

1.

Selection and deployment

Average allocation percentage

 

 

 

 

 

2.

Training and Development for employees

Training hours per employee

 

 

 

 

 

3.

Performance and Career management

Percentage of employees in complete execution of organizational goal

 

 

 

 

 

4.

Employee Productivity

Profit per employee

 

 

 

 

 

5.

Employee Retention

% of employees leaving the organization at single term

 

 

 

 

 

Evaluation:

While evaluating the business plan and the strategy, the objective of the company needs to be taken into account. The company has succinct and fixed objective and that is to provide best quality service. The company does not want to grow big with huge number of employees and client base. It rather focuses on to grow larger with qualified and potential and competent employees.

From the business plan it can be clearly stated that there is a specific understanding of how the client base and marketing of the company is strengthened. The marketing team that has been planned to develop would effectively focus on the basic market segmentation. For the evaluation of the aforementioned business the KPI template has been quite helpful.

Sl No.

Key Areas

KPI

Weight of KPI

Target

Actual

Score

Final score

1.

Selection and deployment

Average allocation percentage

10

120 calendar days

140

67

6.7

2.

Training and Development for employees

Training hours per employee

10

120 calendar days

145

88

8

3.

Performance and Career management

Percentage of employees in complete execution of organizational 76goal

10

 

            

120 calendar days

130

45

6

4.

Employee Productivity

Profit per employee

10

120 calendar days

142

88

9

5.

Employee Retention

% of employees leaving the organization at single term

10

120 calendar days

120

105

10

 

From the aforementioned table it can thus be evaluated that the average score for the employees in terms of business performance is more than average, which needs to be laddered up to different level. Most of the employees are at the same stage and they need to upgrade themselves that would be excelled through effective training programs.

 

Reference:

Neubauer, F., & Lank, A. G. (2016). The family business: Its governance for sustainability. Springer.

Parmenter, D. (2015). Key performance indicators: developing, implementing, and using winning KPIs. John Wiley & Sons.

Poza, E. J. (2013). Family business. Cengage Learning.

Ward, J. (2016). Keeping the family business healthy: How to plan for continuing growth, profitability, and family leadership. Springer.

OR

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2018). Profitability Of Family Leadership Springer. Retrieved from https://myassignmenthelp.com/free-samples/profitability-of-family-leadership-springer.

"Profitability Of Family Leadership Springer." My Assignment Help, 2018, https://myassignmenthelp.com/free-samples/profitability-of-family-leadership-springer.

My Assignment Help (2018) Profitability Of Family Leadership Springer [Online]. Available from: https://myassignmenthelp.com/free-samples/profitability-of-family-leadership-springer
[Accessed 04 June 2020].

My Assignment Help. 'Profitability Of Family Leadership Springer' (My Assignment Help, 2018) <https://myassignmenthelp.com/free-samples/profitability-of-family-leadership-springer> accessed 04 June 2020.

My Assignment Help. Profitability Of Family Leadership Springer [Internet]. My Assignment Help. 2018 [cited 04 June 2020]. Available from: https://myassignmenthelp.com/free-samples/profitability-of-family-leadership-springer.


For years, MyAssignmenthelp.com has been operating as one of the cheap assignment help providers in the USA. We are one of the best college paper writing services that keep service price minimal. We do not let the affordability of our service to hamper the standard of our work. We have separate teams of experts to provide report writing help . At MyAssigenmnthelp.com, we believe in earning credibility, so students can pay for assignments only after getting satisfied solutions. Tough assignments bother you? Trust us with your project. You will not regret paying us to write assignments for you.

Latest HRM Samples

HRM201 Human Resource Management 3

Download : 1 | Pages : 2
  • Course Code: HRM201
  • University: Kaplan Business School
  • Country: United States

Answer: Introduction Established in 1924 in Sydney 1930 saw the company to expand internationally 1937 saw the company launching the ‘Staff Assurance Scheme’ Employs more than 200000 people Recruitment Tries to select the deserving candidates only Candidates are placed based on the vacancies available HR department is very efficient that identifies the vacancies that are present within the company ...

Read More arrow

HRM201 Human Resource Management 2

Download : 0 | Pages : 3
  • Course Code: HRM201
  • University: Kaplan Business School
  • Country: United States

Answer: Introduction National Australia Bank is associated with more than 30,000 people serving almost 9,000,000 customers at more than 900 locations in New Zealand and Australia (Nab.com.au 2018). The company believes in innovations and work with the workforce by developing the infrastructure for the betterment of the customer services. Thehuman resource management of the company pays attention to the different HRM activities, su...

Read More arrow

HRM201 Human Resource Management

Download : 0 | Pages : 4
  • Course Code: HRM201
  • University: Kaplan Business School
  • Country: United States

Answer: Qantas Human Resource Management Qantas Airways Qantas Airways remain Australia’s largest airline Airline has expanded its operations to almost 140 destinations (Australian associated press 2014). The airHine has also over 37,000 employees, becoming the largest employer in Australia (Qantas 2010). Introduction most companies and organisations in Australia are striving to streamline their organisational activitie...

Read More arrow Tags: Australia Golden Grove Management Business Law University of New South Wales Humanities 

MGTS7604 International Human Resource Management

Download : 0 | Pages : 5
  • Course Code: MGTS7604
  • University: The University Of Queensland
  • Country: Australia

Answer: Purpose and Functions of Human Resource Management British Airways (BA) is an international airline organization that is carrying over 33 million passengers all over the world. The company is involved in managing the cargo operations, scheduled passengers and other services. It has two bases one is Gatwick and Heathrow. It has become one of the largest multi-national airlines in the world (British Airways, 2018). To attain its busines...

Read More arrow

48142 Engineering Practice Review 2

Download : 0 | Pages : 38
  • Course Code: 48142
  • University: University Of Technology Sydney
  • Country: Australia

Answer: Introduction: I am Laura Henao, studying Bachelor of Engineering and Diploma in the field of Engineering. I am a final year student. Besides, I am focused on other subjects like environmental steams and civil, all at the University of Technology at Sydney. In my report, I have directly related various engineering practices that I have come to complete my degree.  This is helpful to achieve a higher knowledge of attributes and di...

Read More arrow
Next
watch

Save Time & improve Grade

Just share Requriment and get customize Solution.

question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

1,329,672

Orders

4.9/5

Overall Rating

5,076

Experts

Our Amazing Features

delivery

On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.

work

Plagiarism Free Work

Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.

time

24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.

subject

Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.

price

Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

93 Order Completed

100% Response Time

Jackson Mitchell

MiM (Masters in Management) in Supply Chain Management

New Jersey, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

453 Order Completed

98% Response Time

Howard Asuncion

LLM in Criminal Law

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

798 Order Completed

97% Response Time

Benjamin Blakeman

MSc in Medical Technology

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

2279 Order Completed

97% Response Time

Zachary Perez

PhD in Computer Science and Information System

Washington, United States

Hire Me

FREE Tools

plagiarism

Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.

essay

Essay Typer

Get different kinds of essays typed in minutes with clicks.

edit

GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.

referencing

Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.

calculator

Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability

1

1

1

Your Approx Earning

Live Review

Our Mission Client Satisfaction

First time using My Assignment Help Services - First meeting with customer service was very thorough and spent time explaining. Once hired and explained what I needed, I received exactly what I had asked for. The assignment was sent to me before th...

flag

User Id: 436537 - 04 Jun 2020

Australia

student rating student rating student rating student rating student rating

Good Job - provided exactly what I asked for. Addressed all questions in the assignment. APA formatted with references within the past 5 years. Assignment finished before the time I asked for it.

flag

User Id: 436537 - 04 Jun 2020

Australia

student rating student rating student rating student rating student rating

Finally a wonderful work ! Satisfied by rework after escalation as expected revived the solution! Would definitely recommend my friends! Thanks

flag

User Id: 332636 - 04 Jun 2020

Australia

student rating student rating student rating student rating student rating

VERY GOOD INFORMATION, I HAD TO DO A VIDEO ON THIS ASSIGNMENT. IT WAS A FEW MISSED SPELL WORDS BUT I READ OVER AND OVER UNTIL I GOT IT RIGHT. tHANKS!

flag

User Id: 240291 - 04 Jun 2020

Australia

student rating student rating student rating student rating student rating
callback request mobile
Have any Query?