riordan gap analysis

Essay specific features

 

Issue:

Business

 

Written by:

Jewel W

 

Date added:

November 23, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 322

 

Was viewed:

3297 times

 

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Essay content:

Riordan is currently experiencing problems with human resources involving the current motivation and rewards systems. Some steps Riordan needs to take before implementing a new rewards system include analyzing the relationship between motivation and performance, identifying components of effective retention, understanding the total rewards concept, assessing the impact of rewards systems on organizational performance, comparing different perspectives on human behavior and motivation, and deciding how to translate the diverse perspectives to organizational reward systems...
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If Riordan can develop an effective rewards system, then the Company can align new Human Resources systems with the strategy for team-based selling. "Well-designed HR systems can influence business results because the return on investing in the subsystems (staffing, training, etc.) can often exceed the return associated with investing in other areas of the business, highly motivated workers at the upper ends of certain knowledge-skill distributions are rare, the overall HR system is very difficult to replicate in another company, and high-level managerial, entrepreneurial, professional, and technical employees are not easily replaced with machines and emerging information technology" (Dreher and Dougherty, 2001, p...
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