Managment Control in Leo’s Four Plex Essay Example

may solve unethical behavior at the work place.

Different schemes of group award or individual incentive may motivate employees to understand their contribution to the Theater and also encourage them to work sincerely.

Finally, Leo’s Four-Plex Theater needs strong leadership approach from Bill Reilly. By not giving any free pass, he should set a model of integrity among other mployees to encourage ethical behavior to revive the financial situation of the Theater.

Wong’s Pharmacy Problems:

Personal Limitation: Wong’s Pharmacy is run by family members of the owner who are trust worthy and hard workers. But still the performance of the store is declining considering recent competition. Here, lack of specific training and knowledge has worked as an obstacle to the better performance. Since all workers are appointed based on family background to ensure ethical behavior, there is a big gap between the expected outcome of the business and required specialization to achieve that outcome..

Lack of Motivation: Since workers are not from diversified background and have gained their job experience by working within a small drugstore from the very beginning, this scenario has worked as a barrier for them to motivate themselves to face the challenge from a large drugstore chain.

Solutions:

The owner should bring changes in the management system by appointing employees with relevant expertise rather than only family members. This may require dismiss of some existing employees which is a big challenge for the owners to take a move against 30 years of traditional practice – a dilemma between moral and business. . Since this business is not making profit, management should include cost-cartel strategy under financial objectives, as a part of which human resource management may be streamlined

focusing on only efficiency.

To get the best result from the existing hardworking employees, management has to organize some training to upgrade their knowledge and skill in business and also to motivate them with self competences and confidence to face new market challenge.

By setting specific organizational objections, the owner needs to renovate his small business to compete with a big chain store.