Reference no: EM132232944
Please choose your management strategy in ways that will take into account a growing workforce but still maintain your company’s creativity. Ponder the following points:
1. You won’t know—or have much of a personal relationship with—some of the employees as the company grows. How can you make sure each one is capable of making decisions that are good for your company?
2. Many of your employees, in your still-small company, perform a number of tasks. As the company grows, the roles become increasingly specialized. How will people in specialized roles, such as product engineers or shipping clerks, be able to make decisions that benefit the entire company?
3. Your profit sharing is now based on company- wide performance, and already, some people are disgruntled that they work harder but receive a similar share of the profits as others.
4. A few of your company superstars love the existing, consensus-driven, ownership culture and have stayed at the company because of it, even though they could command higher salaries else- where. They will threaten to leave if the culture changes too much.
5. Consider ways to adapt your management style to keep your workforce motivated, creative, and feeling a sense of ownership as your company grows. What would you change about your cur- rent management? What would you keep the same? Why?