Ronak Singh is a true success story. He came from India and graduated from Senecca College with
Question:
Ronak Singh is a true success story. He came from India and graduated from Senecca College with a degree in business. He worked at Walmart for two years after graduation. Then he decided to open his grocery store. As a sole proprietor, he had to do various tasks to run the store successfully. For example, he took care of accounting, marketing, human resources, and financing. Even though Ronak is not an expert in these areas of management. As time passed, Ronak acquired more and more stores in different areas. Due to this tremendous growth, he incorporated his business. He also started hiring specialists in various areas, such as accounting, marketing, and human resources.
Ronak store specializes in exotic and authentic groceries from around the world. It's not an ordinary store. It caters to the minority population in Canada and their cultural values. It has specialty products from all over the world. You can't find these products at your local convenience store or Walmart. The key drivers of their success were his focus on new trends in the GTA and his excellent customer service. When the Company hired more employees, it became concerned about employee retention strategies and strategies to improve organizational effectiveness. Management knows that is the number one reason for business failure. Are disengaged Employees who do not care about the business. The management team shortlisted the below strategies to improve employee retention and promote organizational effectiveness:
Focusing on employee engagement
Promoting wellness throughout the organization
Effective management to retain talent
Offering competitive incentives
Effective onboarding Reward employees
Attract the right employees
Building a great corporate culture
Task
Your task is to research the strategies further, as mentioned above. Analyze the strategies mentioned earlier, then choose three strategies for the business. Explain to management how they can use strategies to promote organizational effectiveness. Provide step-by-step process management could follow to implement these strategies in job descriptions.
Fundamentals Of Organizational Behaviour
ISBN: 9780134204932
5th Canadian Edition
Authors: Nancy Langton, Stephen Robbins, Timothy Judge