Every organization aims to get a high level of progress in a stipulated time frame. Performance is the proper use of core inputs such as technology, labor, and capital. The motivation here refers directly to the working employees in an organization.
Performance always depends on the operational efficiency of the people involved in the organization. Increasing working efficiency means getting the maximum outcome from the use of limited available resources. It is also creating a high level of efficiency produced by converting the scarce input to get an expected result. Even in a challenging time like now, the organization is trying to bring work efficiency. To gain efficiency, as a remedy, for instance, the organization must link efficiency with the organization’s strategy formulation, implementation, and evaluation phase.
organization is trying to bring work efficiency
Performance has a direct link with the efficiency of the working employees. It is a process of increasing the ability to perform a job even better than expected. It also relates to the organization’s existing active people, available finance, and other core resources. Organizations need to translate these scarce core resources to get maximum benefits for the organization.
Aligning employee’s ability to the business process, preparing a realistic and measurable goal for a better future, and timely reviewing and updating the plan, procedure, and working schedules as per the changed business context are the other influential factors that help the organization to achieve the desired result. As said earlier, organizations need to change their operation policy as per the changing business environment. Changed business context means the tough time like now brought by the unseen enemies like COVID 19.
organizations need to change their operation policy as per the changing business environment.
When implemented judicially, the norms explained before might be the right panaceas for uplifting its performance level. Gaining the desired performance level at a tough time like now will be a challenging task. In such a situation, all businesses need to evaluate current operational activities and redesign the structure as par with the current changing business environment.
The strategy also has a relation with the Performance. The strategy is the core policy and the operational activities set ahead for acquiring desired results. The purpose is to manipulate short core and non-core resources judicially.
High Performance and business success are synonymous words. Business success depends on the proper use of core and non-core resources. Core and non-core resources can be defined as the right combination of technology, people, structure, and other essential material facts.
People are all in all in the organization. They are the organization’s core resources. What everyone needs to focus on is to think upon the statement that the strategy set before may not act today. The business environment is changing rapidly. What was right back may not fit today due to the occurrence of the unintended situation in the circumstances?
The forced problem appears as an unseen enemy like COVID 19. In this critical juncture, the only possible and impacting steps for the business owner and managers might transform intellectual capital into innovation. Such a process leads to high Performance.
By the way, innovation is the novel idea for creating new business insight. Equally essential part will be improving performance by the activities such as renewing, connecting, and extending connection with the loyal customer. Connectivity can enlarge relations through social media interaction. Connectivity is the entry point for linking people as well. The process will lead to smooth business operations.
The forced problem appears as an unseen enemy like COVID 19.
To get the desired performance level, managers must leverage technology with the novel business operation module. Leveraging technology with the innovation will bring a planned and justifiable operation module. Innovation is a tool used for gaining competency.
Business is a value-creating process. To create value, organizations need to increase employee creativity. Performance increasing is also creating value for the organization. Managing, motivating, and retaining knowledge workers in the organization helps the organization to exist even in a difficult situation.
The business entity’s existence always relies on how a business fosters new capability to acquire difference as per the changed business circumstances. Changed business circumstances like now arise due to the pandemic COVID 19. Such changed business circumstances have forced organizations to attract talented people. Talented people are key knowledge workers for the organization. Furthermore, knowledge workers are intellectual capital organization must list them at the top of their manifesto. Successful organizations must transform intellectual capital through message, participation, and participatory team effort. Such activities are also a sign of continued business success.
Successful organizations must transform intellectual capital through message, participation, and participatory team effort.
As per the different scenarios explained above, the business organization’s first action must be an integrated effort to balance performance with motivation. Further, the term motivation here reflects the currently working employees of the organization. Low motivation triggers a unanimous situation and has forced the organization to attain low performance. Also, low-performance impact motivation accordingly.
Finally, in the above critical context, the corrective measure might be the right management planning accompanied by the core management functions such as leading and controlling activities to every operation step. To attain the desired performance, the organization needs to pay a bird’s eye view on discrepancies arises due to the uncontrollable situation like COVID 19. Such action may also lead to account at a level desired, and thus there appear prosperous for the organization.
Comment