Wednesday, May 15, 2019

Management report about the organisation. Case of Pentangelli Essay

Management report about the organisation. Case of Pentangelli - Essay ExampleIn this report, an analyses of the object lesson of Pentangelli, a restaurant, has been presented. The report presents and criticise the reward strategies followed by the management of restaurant to manage the overall work of the employees. At the same time, the reports besides presents different recommendations for formulating effective and efficient reward and development strategy, which can be used by the management of Pentangelli. In this last, the report presents different challenges which have to be faced by the management of Pentangelli while formulating new reward and development strategy.TABLE OF CONTENTS EXECUTIVE SUMMARY1TABLE OF CONTENTS2INTRODUCTION3PRACTICES OF repay AND developing AND ITS IMPORTANCE3REWARD AND DEVELOPMENT PRTACTICES FOLLOWED BY PENTANGELLI4APPRECIATION AND RECOGNITION4REPUTATION MANAGEMENT5PROMOTIONS5CHALLENGING WORK5OPPORTUNITIES FOR GROWTH AND DEVELOPMENT6PRACTICES OF R EWARDS AND DEVELOPMENT WHICH CAN BE espouse BY PENTANGELLI6SHARING OF PROFIT6EMPOWERING THE EMPLOYEES AND DECENTRALIZED DECISION MAKING7 gainful LEAVES7MEDICAL BENEFITS AND INCENTIVES8CHALLENGES FACED BY THE PENTANGELLI WHILE DEVISING A STRATEY FOR REWARD AND DEVELOPMENT8CHALLENGES IN PROFIT SHARING8CHALLENGES FACED IN PROVIDING PAID LEAVES9CHALLENGES tie in TO CENTRALIZED DECISOIN MAKING9... This report aims to analyze the organizational structure of Pentangelli and the rewards system that can advance up the performance of its employees. Pentangelli is a chain of restaurants. The analysis of the structure will find out that how the organizational structure of this restaurant has refered on the performance of its managers. The role of rewards and benefits is also analyzed to see their impact on the employees motivation and job satisfaction. The analysis of organizational structure will help to make set aside changes in the structure to get the desirable outcomes. The reward sy stem will be designed by and by analyzing that what benefits and compensations will attract the most to the employees of the restaurants. The rewards will be designed in such a bureau that will boost up the performance of employees in the organization. The impact of performance management techniques will also be analyzed for making the recommendations for proper performance management system in a slay chain. PRACTICES OF REWARD AND DEVELOPMENT AND ITS IMPORTANCE It has been identified in several researches that reward and compensation system has a highly considerable impact on the performance of employees (CIPD, n.d.). The rewarding system leads to the motivation of employees and employee motivation is the staple driver of job satisfaction (Hutchinson, July 2013). A good reward system is also used to rectify the relationship of employer and employees in the organization. There are two types of reward system that are financial and non financial. It has been resolved in several r esearches that Non financial rewards comparatively have two or three times greater impact on the employees motivation, Maritz (2007). REWARD AND DEVELOPMENT PRTACTICES

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