Initiative to Engage Employees and Reduce Voluntary Turnover Assignment

Initiative to Engage Employees and Reduce Voluntary Turnover - Assignment Example From this paper it is clear that  as the CEO, ensuring that the employees need for trust is satisfied, can be achieved through enquiring about the needs of the employees. Failing to be aware of the needs of the employees of the company is not a good thing even though it typically happens. This form of mindset should be shifted immediately in order to ensure that the employee issues are understood.As the discussion stresses as the CEO, the author of the report   would come up with mechanism that will provide information of the aspects that are crucial to the employees and since they may not be willing to provide this information directly to the CEOs office, the avenues for this communication should encourage them to provide information. He would make myself available, as a real human being, associate with the employees and show them that I care in order to make communication smoother with the aim of nurturing trust. In order to satisfy the need of the employees to have hope, as th e CEO, he must maintain a positive work setting that will ensure the work environment is conducive and positive for the employees. This is because the work environment is critical to the motivation and happiness of the employees. the reporter would foster hope in the employees by ensuring that they are happy through giving them freedom and eliminating negativity. Therefore, he would ensure that people with bad attitudes are pulled aside and advised on the values they can change in order to increase positivity in the workplace.

Globalization at General Electric Essay Example | Topics and Well Written Essays - 2500 words

Globalization at General Electric - Essay Example However, the company’s management is determined to increase the company’s annual revenue by venturing into the international market. The CEO of the company is considering different marketing options that the company can launch its products. Currently the CEO is considering Latin American market and the European markets. If the company launches its products through these markets, it will encounter current market situations as its major problem. For instance, the European market was the worst hit by the international financial crisis. On the other hand, the Latin American market is a developing economy that has not yet reached its stability. This indicates that if the company ventures into either of the markets, it will encounter the current problems experienced in the market. In addition, the products of the company may not fit appropriately in the proposed market. The international market condition and economic forces (Hirschey, 2009) bind the choice for appropriate mar ket. For instance, the company is facing stiff competition arising from the rapid expansion of Chinese and Indian economies. Currently the Asian economies are at their peak and, therefore they have high demand for infrastructures products. On the other hand, the European markets have reached their levels of stability thus making lifestyle commodities the main trade items. Balancing the needs of every economy is the main problem been experienced in the company. GE has aggressively invested in international expansion due to its needs revenue sustainability and market requirements. In addition, the company is targeting to increase its customer base and benefit of large-scale operations. For the company to reach its revenue targets, it requires exploiting the opportunities in the international market as an element of sustainable growth. Although America has a vast economy, the company is willing and ready to face challenges that are related to the international market. Currently the company has