Thursday, February 20, 2020

The significance of a cohesive culture to organisational performance Essay

The significance of a cohesive culture to organisational performance - Essay Example The report discusses several changes that are necessary in the workplace of BSG Ltd. to enhance commitment and productivity among the employees. Changes such as improvement of workplace relations, teamwork, employee motivation, career mobility, workplace learning and strong leadership strategies have been highlighted. All these changes point towards the establishment of a cohesive culture that can help the management of this company to address the emerging issues in the workplace. Some recommendations regarding the implementation of the highlighted changes in the workplace have been put forward in the report. They include; adoption of a leadership strategy that promotes a cohesive organizational culture, establishment of workplace relations, promotion of teamwork, identification of development needs, control of employee turnover and enhancement of employee welfare. The need to take the workers’ interests in to consideration in the course of change has been emphasized. The conclusion portrays the learning outcomes of the report regarding the need for a cohesive organizational culture. The changes and recommendations that need to be adopted by the company have been noted as a general picture of what a cohesive organizational culture entails. The group prefers employee focused leadership in the organization as indicated in the conclusion. Introduction This report addresses some issues that have emerged in BSG Ltd. leading to a fall in the profits of the organization below projections for the last two years in light of aggressive competition and a declining economy. The results of a culture/employee attitude survey in the organization indicated lack of cohesion amongst employees, low levels of job satisfaction and organizational commitment, low levels of trust between management and employees, poor team work, and a belief by many that there was little opportunity for advancement. An analysis of company data for the year ending 2010 revealed a 30% incr ease in pilfering, in both warehouse stocks, and stationery supplies. Staff turnover is an issue also, up by 15% in year ending 2010. The benefits of a strong cohesive culture have been emphasized, as well as the changes that need to be implemented by management to this workplace. Some recommendations have been put forward in regard to the implementation of the changes to make them acceptable by the workforce. Organizational Culture Hofstede defined culture as a tool that the mind applies to guide a person’s day to day activities and interactions with others. He portrayed culture as a collective aspect that occupies a particular social

Tuesday, February 4, 2020

Promissory Estoppel Essay Example | Topics and Well Written Essays - 1750 words

Promissory Estoppel - Essay Example In this view, promissory estoppel is established as a contractual obligation that will in fact harmonize the often-divergent philosophies adhered to by legal scholars. This article looks at the different circumstances when promissory estoppel is used in the English courts and tries to summarize why the doctrine is an important part of contract law. It also tries to explain why the use of promissory estoppel is being contested. This paper maintains that promissory estoppel is still important in contract law and that instead of declining, it is actually evolving. Promissory estoppels has three distinct elements: (1) a clear and definite promise, (2) the promise induced action or forbearance, and (3) injustice can only be avoided with the enforcement of the promise (Boyer 1950: 460). The doctrine of promissory estoppels was first expounded in the case of Central London Property Trust Ltd v High Trees House (Denning 1946). In 1937, High Trees House Ltd. leased a block of flats from Central London Property Trust, with the conditions that the rent is worth  £2,500 and duration is 95 years. But because London was suffering from war bombings at the time, High Trees may not be able to pay out its lease. To help the company sustain its business and since numerous flats were still unrented, the plaintiffs sent a letter to the defendant confirming the reduction of the rent to  £1,250. The defendants continued to pay the reduced rent and by 1945, when all the flats have been rented out, High Trees paid only  £1,250. In September 1945, the plainti ff wrote a letter to the defendant collecting the original amount of  £2,500 for the entire year starting from September 29 to December 25, 1945. The defendants held that the letters passed on between the parties was evidence of modification in the original contract and that it was equally legally binding to the plaintiff company. Lord Denning