Organisational Behaviour Assignment Example | Topics and Well Written Essays - 2500 words

Organisational Behaviour - Assignment Example compass goals in this manner is a form of performance management as performance management includes activities to visit that goals are consistently being met in an effective and efficient manner. Performance management can cogitate on performance of the organization, a deequationtment, processes to build a product or service, employees, etc., as reported by McNamara (1997-2006).creation of shareholder wealth over clip, reports Stewart (2006). TCS uses EVA as a tool to measure the value that has been created by the order within a certain amount of time. In other words, TCSs monetary value at the beginning of a time period is subtracted from the monetary value at the end of that period in order to come up with the EVA. The workforces pay and bonuses were then based on this EVA. This created a close affinity between work performance and pay.Most of TSAs workforce scope of EVA, only a few were adapted to benefit from Employee Stock Owne rship Plans (ESOPs). Retirement Terminology (n.d.) states that an ESOP gives employees the opportunity to invest in the say-so growth of their employer. If the company prospers, stock will follow suit. But, stock can decline if the fortunes of the company gather up a turn for the worse. Also, employees can become over invested, and be vulnerable to inadequate portfolio diversity.From management on down, all benefited from the advantages of EVA. Employees take in that they played a part in increasing the EVA of the unit and the organisation. They in like manner realised the importance of their responsibilities as there was a close link between performance and pay. The bonus banks also confirmed the connection and the importance of responsibilities. Due to an increase in EVA resulting in an increase in pay, teamwork was collapse achieved and all acquired a sense of belonging. All were involved in making decisions which empowered the staff members.They benefited from self-complac ency of ownership which causes people to work harder. Employees received credibility as they were rewarded for their performance and those who fell below par were given Organisational Behaviour 4additional training. Other benefits included focusing on long name goals and increased transparency as communication amongst all staff members, particularly within a unit, had increased.The company revealed one of the lowest attrition rates of the Indian IT businesses. The average employee turnover rate at that time (2004) was 15% yet