Free Essay

Case Study of Human Capital

In:

Submitted By erincole5
Words 1223
Pages 5
Case Study:
The New Career Development Program That Ruins Careers

Introduction * It can be said that for any business that employs human beings will always encounter experiences of organizational conflict. This conflict can be caused by a multitude of ever-changing variables and circumstances. It is important to understand why organizational conflict is important and how it can be used as a productive resource that, when managed properly, can build stronger, healthier working relationships and create a corporate culture of open and effective communication channels (Shockley-Zalabak, P., 2015). In this case study, there are several examples of organizational conflict that have been exhibited amongst the program development group. This paper will identify those individuals and their behaviors contributing to the conflict and offer a solution that is mutually beneficial to all parties involved. * Case Study Background * The AMEX Corporation is in need of an up-to-date career development program which called for the need of new materials and a new training format for the entire employee population; all 10,000 employees. The department director, Jane, must make a determination as to how project assignments will be assigned that best fits the needs of the group to achieve optimal results. On Jane’s team, there are 4 senior staff members: Denise who is the most experience and best qualified in Jane’s opinion; Roger who is equally qualified but with less experienced than Denise but also has the most experience training larger groups of employees; Jill and Roger are both less experienced and do not possess the knowledge or skills to lead such a complex project. During their first staff meeting, Jane has asked for each member to express their interests in which part of the career development program they would like to be assigned and to also take into consideration everyone’s strengths and overall workload. Denise pointed out that it will be necessary to assign a lead on the project and not just the four of them working independently of each other. John took this opportunity to express his interest as the team lead and explained why he was qualified to do so; he has worked and trained with the largest group at AMEX (approximately 6,500 of diverse employees). He then accused Denise of not being able to confront her issues openly. Denise felt that John was being inappropriate in his statement and felt that it should be decided by Jane at a later time and when asked by Jane if she would like the lead for herself, she felt as equally offended as she expected the lead role to be assigned to her simply because she was the more tenured team member and every expected for her to be the team lead anyway. Both Roger and Jill understood they were not qualified and rescinded their interests in becoming team lead. In order to resolve this conflict and proceed with project assignments, Jane must make a decision to assign either Denise or John the team lead position. * Conflict Preferences, Strategies, Tactics, & Emotions * There are several conflict preferences taking place during this staff meeting. John has displayed the competition conflict preference as he has emphasized his desire to be the team lead by acknowledging his own personal needs and goals without taking into consideration the needs of the other members of the group involved in the conflict (Shockley-Zalabak, P.,2015). As you can see, by being competitive, John has blocked the productive nature of the meeting in order to declare himself as the victor. John’s strategy is to expose Denise and her inability to resolve conflict openly as she has done in previous situations. His tactic was to expand the conflict by being aggressive and expanding the conflict by related the issue at hand to old, unsettled issues. Denise has displayed the avoidance conflict preference by wanting to postpone the decision making process because she is not comfortable with tackling conflicts. Denise expected that she would automatically be assigned as the team lead but since John expressed his interests, Denise no longer wanted to discuss the topic that she brought to the table. Denise is not concerned or supportive of John’s opinions or career goals or anyone’s for that matter. Denise’s strategy to avoid the issue in its entirety has proven John’s point so to justify her stance, she used the tactic to reiterate her superior ranking in order to constrain the conflict. Both Jill and Roger have displayed the accommodation conflict preferences. They have acknowledged that they are not qualified enough to lead the team. They removed themselves from the delegation process despite that if they were given the opportunity it would help their own career goals. They sacrificed their own career goals to help keep the peace and avoid further conflict. Their strategic objective is based on their desire to maintain their working relationships and keeping the peace. Their tactic for conflict maintenance was to acknowledge their limitations to simplify the decision making process. * Emotions also played a key role in the organizational conflict. Emotions trigger the fight or flight response bodies have when presented with a conflict. Emotions are often the contributing factor to conflict and the difference in whether the outcome of conflict is perceived as positive or negative (Shockley-Zalabak, P.,2015). In this case study, Denise, Jill, and Roger recognized that there was a conflict and their instinct caused them to avoid the conflict and keep the peace, whereas John response was to fight for the top spot to which he strongly felt he was most qualified for. It is important to recognize that everything we do is driven by emotions which is why emotional awareness is imperative. Jane didn’t expect to have the meeting turn out the way it did. She did not take into consideration the emotions that were involved when she wanted to open talk about work assignments. She underestimated John’s emotions and the consequences of such a conflict. * Conflict Resolution * In order to resolve this conflict successfully that is beneficial to all parties involved, Jane should chose both Denise and John as team leads for the career development program project. They both possess the necessary skills, knowledge, and experience required to implement the program successfully. Since Denise has implemented seven other programs, should would be the lead for the overall implementation of the program. John on the other hand, has experience with training large groups of employees and so he would be the lead on the training aspect of the implementation. This assignment of duties, not only provide a win/win situation for both Denise and John, but it also leverages the expertise of both employees and also acknowledges the strengths and contributions they bring to the team. Jane must be sure to schedule another meeting with just Denise and John to discuss why it is important to have open dialogue because if it weren’t for the conflict, the outcome would have been different. Only one person would have been assigned team lead leaving the other feeling excluded and overlooked which could have caused dissention and resentment resulting in more conflict. In this case, both parties have a feeling of exclusion and have been given the opportunity to strengthen their work relationships by collaborating effectively. * * * * * * Refereneces * (Shockley-Zalabak, P. (2015). Fundamentals of Organizational Communication: Knowledge, Sensitivity, Skills, Values (Ninth ed.) *

Similar Documents

Premium Essay

Belief and Support of Human Capital: Case Study Analysis of Whole Foods

...Lella McLemore Duane Saari BME-214614-04 Organizational Behavior 18 February 2013 Belief and Support of Human Capital: Case Study Analysis of Whole Foods What role, if any, does McGregor’s Theory Y play at Whole Foods? Explain? The primary focus of this case study analysis shall be to examine the methods of Whole Food’s distinctive approach and development to the implementation of creative management strategies and how they can continue to successfully help them to maintain growth in their company. The underscoring premise of McGregor’s Theory Y primarily rest on the assumption that that the role of management is develop the potential of their employees and help them to realize their potential to meet the common goals of their organization (Steward, 2010). With this underlining thought in mind McGregor’s Y Theory plays an intricate and crucial role at Whole Foods. According to our textbook, Organizational Behavior, by Robert Kreitner and Angelo Kinicki, and the company’s primary mission directives, Whole Foods goal is for upper management to share the responsibility with their frontline managers in the development of a successful work environment (Kreitner & Kinicki, 2013, p. 30). Whole foods promotes their employee teams to be self-directed and take initiative and responsibility for operating together for the benefit of their entire business organization. To this end John Mackey, Cofounder and Co-CEO of Whole Foods Market promotes through the application of McGregor’s...

Words: 1242 - Pages: 5

Premium Essay

Hr Accounting

...Journal of International Business and Cultural Studies Human resource accounting and international developments: implications for measurement of human capital Maria L. Bullen Clayton State University Kel-Ann Eyler Wesleyan College Abstract Human Resource Accounting (HRA) involves accounting for expenditures related to human resources as assets as opposed to traditional accounting which treats these costs as expenses that reduce profit. Interest and contributions to growth in HRA have been evident in a number of countries. The strong growth of international financial reporting standards (IFRS) is an indication that the environment for international financial accounting is one that potentially encourages the consideration of alternative measurement and reporting standards and lends support to the possibility that future financial reports may include nontraditional measurements such as the value of human resources using HRA methods. Keywords: Human Resource Accounting, Human Capital, Intellectual Capital, International Accounting, International Financial Reporting, International Financial Reporting Standards Human Resource Accounting, Page 1 Journal of International Business and Cultural Studies Introduction Human Resource Accounting (HRA) involves accounting for the company’s management and employees as human capital that provides future benefits. In the HRA approach, expenditures related to human resources are reported as assets on the balance sheet as opposed to the...

Words: 8132 - Pages: 33

Premium Essay

Human Captial Development

...Development of Human Capital in Organizations [First name of the author appears here] [Name of the course appears here] [Date of submission appears here] Human Capital Development: Issue of Reducing Income Inequality Introduction Human capital is the set of skills, talents, skills, experiences accumulated by an individual which determine their ability to produce for themselves or for others. Human capital theory works by analogy to that of financial or physical capital. It is considered that human capital is composed of three elements that together determine a certain ability of an individual to work: namely, skills, experiences and knowledge. Human capital can be developed through continuing education and attention to the health of an individual. The inclusion of human capital in the economic analysis is an important step. It is generally theorized that accumulation of human capital is a key driver of economic growth. According to economists, dissemination of knowledge to general population allows increasing returns and generates positive externalities. Therefore, it is a central concept of development economics that investment in human capital should be the foremost priority of developing countries. Foreign direct investment refers to international movement of capital across national boundaries. This may take the shape of creation of a subsidiary abroad or to exercise control on the management of a company in another country. The effects of FDI are generally considered...

Words: 2617 - Pages: 11

Premium Essay

Fadex Case Study

...Human Capital Strategy Resource: A case study illustrating the UGM approach UGM Consulting A detailed case study to illustrate our work in Strategic Human Resource Management Background A large Australian company approached us to develop a People Plan, including how talent could best be managed to provide the constant pipeline of leaders the company recognised it would need to drive its growth objectives. This involvement spanned five-years, giving us an unrivalled opportunity, most unusual for consultants, to trial some new approaches and follow them through in the challenging setting of a large, fast growing company. It enabled us to put into practice and evaluate cutting edge ideas from around the world about how companies can best: • integrate talent management activities • align them with company strategy • ensure they deliver maximum business impact. Managing Human Capital for Results 1 Human Capital Strategy Resource: A case study illustrating the UGM approach UGM Consulting 2 Human Capital challenges In today’s economy with its focus on knowledge and services, it is now widely accepted that the key that opens the door to business success is talent. ‘People are our best asset’ has become a predictable mantra and, in that respect, our client was no different from other organisations. The talent challenges facing the company were also similar. Each year it got harder to attract and retain good people: what McKinsey termed the ‘War for...

Words: 1340 - Pages: 6

Premium Essay

Dep Aasignment

...Chartered Institute of Personnel and Development Human capital reporting An internal perspective a guide 1 – a CIPD guide for personnel professionals to help them identify, collate, analyse and communicate data on human capital Written by Jim Matthewman and Floriane Matignon of Mercer Human Resource Consulting Acknowledgements The document draws on the perspectives, experience and measurement methods set out in the recent book by Haig R. Nalbantian, Richard A. Guzzo, Dave Kieffer and Jay Doherty, Play to Your Strengths: Managing your internal labour markets for lasting competitive advantage (New York: McGraw Hill, 2004). We are grateful to members of the CIPD Human Capital Working Party who provided input and advice: Greg Aitken, Head of Employee Research and Measurement, Royal Bank of Scotland Group Ron Collard, Partner, PricewaterhouseCoopers Andrew Mayo, Director, Mayo Learning International Tim Miller, Group Head of Human Resources, Standard Chartered Bank Tony Palmer, Head of the Marple Partnership Vicky Wright, Partner, Human Capital, Ernst & Young Human capital reporting Human capital reporting: an internal perspective 3 Human capital reprting Contents Preface 4 Introduction 6 Step 1 – Setting human capital management in context 10 Step 2 – Getting started: gathering and collating the data 21 Step 3 – Measuring human capital: tools and methodologies 27 Step 4 – Reporting the data:...

Words: 19595 - Pages: 79

Free Essay

Profitability of Investments in Education. Evidence from Spanish Regions

...manuscript, published in "Regional Studies (2011) 1" Regional Studies DOI : 10.1080/00343404.2010.543893 rP Fo PROFITABILITY OF INVESTMENTS IN EDUCATION. EVIDENCE FROM SPANISH REGIONS Journal: Manuscript ID: Manuscript Type: JEL codes: Keywords: peer-00677964, version 1 - 11 Mar 2012 http://mc.manuscriptcentral.com/cres Email: regional.studies@fm.ru.nl ee Regional Studies CRES-2009-0336.R1 Main Section O18 - Regional, Urban, and Rural Analyses < O1 - Economic Development < O - Economic Development, Technological Change, and Growth, O47 - Measurement of Economic Growth|Aggregate Productivity < O4 - Economic Growth and Aggregate Productivity < O - Economic Development, Technological Change, and Growth, R11 - Regional Economic Activity: Growth, Development, and Changes < R1 - General Regional Economics < R - Urban, Rural, and Regional Economics economic development, education, productivity, rate of return rR ev ie w On ly Page 1 of 37 Regional Studies 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 PROFITABILITY OF INVESTMENTS IN EDUCATION. EVIDENCE FROM SPANISH REGIONS Enrique López-Bazoa Fo rP a Rosina Morenob University of Barcelona peer-00677964, version 1 - 11 Mar 2012 European Commission, Joint Research Centre (JRC), Institute for Prospective Technological Studies (IPTS), C/ Inca Garcilaso 3, 41092...

Words: 13189 - Pages: 53

Free Essay

Cinema

...STRATEGIC HUMAN CAPITAL USING BLUE OCEAN STRATEGY® (2-DAY WORKSHOP) Introduction Today’s business managers of any sized organization are facing the challenges of human capital especially after the economic depreciate. In order to get rid of the crisis, organizations need a comprehensive, coherent and timely strategy on promoting, measuring and assessing innovations in human capital strategy. As such, it has been a drastic difference in the focus of professionals to train and retrain their skill-set through higher education. This is particularly important in challenging times like now. The need to change, innovate and respond appropriately is no longer a luxury. It is a necessity for survival and relevance. The role of Human Capital is important and significant because of the positive correlation to economic growth and societal development. Hence, UCSI Blue Ocean Strategy® challenges these old paradigms and offers the Strategic Human Capital Using Blue Ocean Strategy® 2–Day Workshop. Through the workshop, participants will learn the skills they need to align human resources goals and budgets with their organizational mission. In addition, participants will also understand the role of metrics and data in identifying desired outcomes and measuring progress toward the identified outcomes. Objectives * To introduce Blue Ocean Strategy® systematic methodology in Strategic Human Capital Planning and Execution. * Master the new business administration of strategic human capital...

Words: 1418 - Pages: 6

Premium Essay

Death Penalty

...Capital Punishment Against 1211733 SouJin Park 1215202 EunJeong Lee 1115526 SeoHyun Nam 0711726 JooHa Cha Table of Contents 1.0 Introduction 3 2.0 Different Aspects on Death Penalty 3 2.1.0 Political Aspect: Wrong Conviction 4 2.1.1 Torture Used to Innocents 4 2.1.2 Amateur Attorney 5 2.2.0 Economical Aspect: High Cost Of Death Row 5 2.2.1 Plea Bargaining 6 2.2.2 Motions 6 2.2.3 Court Time 7 2.2.4 Lawyer 7 2.2.5 Investigators and Expert Testimony 8 2.2.6 Opportunity Cost. 8 2.2.7 Cost-effectiveness. 9 2.3.0 Social Aspect # 2.3.1.0 Deterrent Effect # 2.3.1.1 Ineffectiveness # 2.3.1.2 Counteract as an Incitement # 2.3.1.3 Lack of Viability # 2.3.2 Discrimination # 2.3.2 Overcrowding Problems # 2.4.0 Ethical Aspect # 2.4.1.0 Human Rights # 2.4.1.1 The Universal Declaration # 2.4.1.2 The International Covenant on Civil and Political Rights # 2.4.2 Rights of Criminal’s Family # 2.4.3 The Pain of Capital Death # 3.0 Alternative Solutions # 3.1 Life Imprisonment # 3.2 Rehabilitation or Reformatories # 3.3.0 Cases of Sex Offenders # 3.3.1 Use of GPS Device # 3.3.2 Revelation of Identities # 3.3.3 Chemical Castration # Appendix # Reference # 1.0 Introduction On September 21, 2011, Alireza Molla-Soltani was hanged to death after stabbing Iran’s most well-known athlete. Alireza was only 17 years-old at the time he was executed. Hassiba Sahraoui, Amnesty International’s Deputy Director, quote...

Words: 4255 - Pages: 18

Free Essay

Social Capital

...their social capital and network due to river bank erosion (Field observation). For this reason, in this study, the research problem was loss of social capital, network and role of safety net of the displaced people by River Bank Erosion (RBE). The main objective of this study was to measure the loss of social capital including network due to RBE, to explore the changing situation (social, economic and political) that displaced people face due to loss of social capital including network by RBE, to discover how do displaced people create new social capital including network and to assess the role of safety net to meet present crisis. In the context of socio-economic, geographical and ecological condition, the social capital including network and safety net is more important tool to meet any natural crisis. In this study village, the displaced people lost their material object as well as social capital and network. That’s why this study has focused on social capital including network and safety net programs in the context of river bank erosion. In this research problem, the word social capital has been considered as relationships, connections, links, and affiliations among displaced people and network has been referred as an informal relationship among persons, individuals and groups and safety net has been referred as the roles/programs of government and non government organizations to meet any natural crisis. In chapter one and two, a short introduction, study background and...

Words: 9148 - Pages: 37

Premium Essay

Interlectual Capital

...INTELLECTUAL CAPITAL OVERVIEW The purpose of the article is to examine the result of intellectual capital towards financial aspects of organizational performance and what it constitutes of its performance indicator. Influence of intellectual capital on Hong Kong stock exchange, Australian financial sector, hotel industry, India pharmaceutical industry and its general impact on firms are discussed in this essay. The most famous methodology used was the value added intellectual coefficient policy, where regression models were made to inspect the association between IC and the corporate financial performance indicator. The results were positive and suggested that IC, was positively connected with success of productions by VAIC methodology. To be precise, structural capital was found to be the main component of IC. INTRODUCTION It has been acknowledged by different scholars that universally the financial sector is converting into knowledge and fact based and the value of financial sector is acquired from intellectual capital than just from physical capital. Although the significance of intellectual capital is repeatedly expanding but companies are confronting measurement difficulties. The growing gap was noticed among market price and the book price of numerous organizations which attracted consideration towards examining the worth absent from records. Various definitions of IC are given by different economist, academics and practitioners. Still not even a single meaning...

Words: 2284 - Pages: 10

Premium Essay

Hospital Efficiency

...effectiveness best describe the application of lean management practices? Describe how specific elements of that perspective relate to the interventions described in the case study. The case study in question shows many benefits of hospitals around the world adapting to lean management practices. Essentially they are looking to cut waste, and provide the most efficient care possible. The first perspective of organizational effectiveness the hospitals are utilizing is an organizational learning perspective. The hospitals have identified in their studies that several sources of capital influence their effectiveness. Specifically, human and structural capitals are being utilized to benefit the organization. “Lean works because it is based on doctors, nurses, and other staff leading the process and telling us what adds value and what doesn’t. They are the ones who know.” (McShane (2012). Organizational Behavior: Case Study 1.1. McGraw-Hill). Here, an emphasis is placed on human capital, and the knowledge, experience, and know-how hospital employees bring to the process. By bringing these individuals into the decision making process who have their hands in the work day in and day out, the outcome will be a more efficient, and smoothly running operation as evidenced by the case study. Building on the human capital used, the hospitals are also using a high performance work practice perspective. The hospital is packaging together the best use of their organizational practices to create...

Words: 658 - Pages: 3

Premium Essay

Role of Research in Human Capital Development

...Emphasis on human capital is a recent development. For a long time, concern has been placed on other factors of production. It was not until recently that attention shifted to Human capital which has led to a massive wave of investment in human capital development. Human capital development is the term used in referring to factors such as education, health, and other variables that can raise productivity. It refers to the ability to perform work so as to produce economic value. To a large extent this a function of the skills and knowledge workers acquired through education and experience. When viewed from a macro perspective, Human capital represents the human factor in an organization and this consists of the combined intelligence, skills and expertise of workers that gives the organization its distinctive character. It consists of those elements of the organization that are capable of learning, changing, innovating and providing the creative thrust which if properly motivated can ensure the long-term survival of an organization. Increasing attention is being given to Human capital due to globalization and its attendant saturation of the labour market. Concern about the issue has been being compounded by the recent downturn in the various economies of the world. This has led Organisations to appreciate the need to leverage on the workforce for competitive advantage in order to thrive and keep ahead of the competition. One major way of doing this is through human capital development...

Words: 1592 - Pages: 7

Premium Essay

Human Resource Management in Multinational Organizations

...Student's name Instructor's name Course name Date Human Resource Management in Multinational Organizations A Preliminary Research on Self-Initiated Expatriation as Compared to Assigned Expatriation Human resource management in multinational organizations is complex due to the cross-cultural and international aspects related to its nature. This article examines the phenomenon of 'expatriation': choosing to leave one's own country in order to live or work in another, usually for a long period of time. Multinational organizations require a certain level of staff relocation in order to improve their knowledge of emerging markets as well as maximizing their talent resources. In addition to assigned expatriates, meaning those moving to another country following an assignment from their workplace, the article refers to "self-initiated expatriates, meaning people who choose to move to another country on their own. Human resource needs for both kinds of expatriates are unique, and may differ from each other. Self-initiated expatriates may exhibit more motivation to live in a different country and uproot their family for a long period of time, and this motivation may facilitate an easier transition, therefore being less demanding for the human resource management (Mo and Jian-Ming 170-172) Workplace flexibility and the changing nature of work: an introduction This paper examines articles referring to how the changes in the work environment require flexibility on behalf...

Words: 1107 - Pages: 5

Premium Essay

Tata

...PUNJAB TECHNICAL UNIVERSITY KAPURTHALA Scheme and Syllabus of Masters in Business Administration (MBA) Batch 2012 onwards By Board of Studies Business Administration Punjab Technical University Scheme of (MBA) Batch 2012 Onwards First Semester Course Code Course Title Load Allocation L T P 4 1 4 4 4 4 3 3 28 1 1 1 1 2 2 7 - Contact Hours: 36Hrs. Marks Distribution Internal 40 40 40 40 40 40 40 280 External 60 60 60 60 60 60 60 50 470 Total Marks 100 100 100 100 100 100 100 50 750 Total Marks 100 100 100 100 100 100 100 50 750 Total Marks 100 100 100 100 100 100 100 50 750 Credits MBA 101 MBA 102 MBA 103 MBA 104 MBA 105 MBA 106 * MBA 107 * MBA 108 Principles and Practices of Management Organizational Behaviour Accounting for Management Quantitative Techniques Managerial Economics Business Communication Information Technology for Management Viva Voce Total Course Title 5 5 5 5 5 5 5 2 37 Credits Second Semester Course Code Contact Hours: 34 Hrs Load Marks Distribution Allocation L T P Internal External 4 1 40 60 4 1 40 60 4 4 4 4 3 27 1 1 1 1 6 40 40 40 40 40 280 60 60 60 60 60 50 470 MBA 201 MBA 202 MBA 203 MBA 204 MBA 205 MBA 206 BTHU 101* MBA 207 Business Environment Production and Operation Management Human Resource Management Marketing Management Financial Management Research Methodology Human Values and Professional Ethics Viva Voce Total Course Title 5 5 5 5 5 5 3 2 35 Credits Third Semester Course Code Load Allocation L T P 4 1 4 4 4 4 4 3 27 1 1 1 1 1 6 Marks...

Words: 7594 - Pages: 31

Premium Essay

Finance

...UNV-504 Introduction to Graduate Studies in the Ken Blanchard College of Business This course is designed to prepare students for the graduate learning experience at Grand Canyon University. Students have opportunities to develop and strengthen the skills necessary to succeed as graduate students in the Ken Blanchard College of Business. Emphasis is placed on utilizing the tools for graduate success. 2 MGT-605 Leadership and Organizations The purpose of this course is to introduce students to the Ken Blanchard College of Business, key concepts of leadership, and an overview of how the science of organizational behavior contributes to effective leaders and managers. 4 ACC-502 Accounting Practices This course is designed for individuals who are preparing for more advanced coursework in accounting and for students who have not had accounting in undergraduate work. Topics covered include the principles and practices of financial accounting and the fundamentals of managerial accounting, such as cost behavior and budgeting. The course covers accounting theories using computational examples, and homework is problem solving. 4 FIN-504 Finance Principles This course is designed for individuals who are preparing for more advanced coursework in accounting and is designed for students who have not had finance in undergraduate work. Topics covered include financial analysis, financial planning, asset evaluation, capital structure, and working capital management. 4 SYM-506 Applied...

Words: 914 - Pages: 4