Wednesday, February 19, 2020

Someone who has made a big impact on my life Research Paper

Someone who has made a big impact on my life - Research Paper Example The reason why Steve Jobs inspired me was that he was not a college graduate, yet he was capable of being more innovative than those who had graduated from the same college that he dropped out of. Steve Jobs’ remarkable personality made me wonder what I was capable of doing because I had the opportunity to learn, unlike him. So I started working harder in order to give my best to the courses that I was studying and kept nagging my teachers about the practical approach of everything that we learnt. This helped me learn more about practical stuff along with theory. Moreover, I learnt how important volunteering is because it brings you closer to the people who need help and you learn more about a person’s needs in such situations. Plus, the sense of peace and calm that we get is phenomenal. Steve Jobs was an active volunteer and helped me learn the true spirit of volunteering and made me volunteer at an orphanage for quite some time. Furthermore, Steve Jobs gave me a sense of doing things out of the ordinary just to be the best and different. For example, in a science project when everyone was using thermopile to make their science projects, I used my savings to make a model out of metal and got it welded and painted. This made my project look the most practical and the most innovative. I once read a quote from Steve Jobs which was â€Å"Being the richest man in the cemetery doesn’t matter to me †¦ Going to bed at night saying we’ve done something wonderful†¦ that’s what matters to me†. (Le Grant. R.) Since then I have made it a habit to reconcile what I did throughout the day and each day I make sure I do at least one considerable good deed and a small achievement that can make me say, â€Å"Yes, I did some good today.† Thus, by trying to follow the footsteps of Steve Jobs, I have made a great impact on my life and on others’ around me. I feel that when you follow someone who has made an impact on the world, you become a change maker in your

Tuesday, February 4, 2020

Incventive plans and organisational objectives Essay

Incventive plans and organisational objectives - Essay Example Basing incentives on the traditional plans such as promotion may not necessarily result in meeting of the company’s objectives. The incentives can be either in the form of momentary or non-momentary rewards (Bohlander, 2010). Monetary rewards include salary increments and bonuses, while non-monetary include recognition and promotion. How incentives plans help or do not help in achieving the organizational objectives Research has shown that incentives based on performance results in immense success in, attainment of the company goals. Such an incentive plan harmonizes the company’s preferences with the individual employees’ preferences. In hiring new worker, this kind of plan can be particularly useful in screening out only the beast employees who are merited to do a certain job. It acts as a motivator pushing the worker to increase their job input. Another benefit accrued to performance-based incentives is that workers tend to give better results in situations wh ere their performance is assessed individually compared to team assessment (Bohlander 2010). Workers tend to be loyal to such companies and show a desire to work in such firms or longer period. A firm that uses performance based incentives attracts competent workers who are not afraid of being put under the spotlight. An incentive plan may fail to fulfill its intended objective if the employees are not made to understand the intention of the incentive. They should honestly communicate the objectives of the plan. This will integrate the employees in the plan, by making clear communication. The rewards obtained from its implementation should exceed the cost. The most effective incentive plan is self-sustaining. An incentive plan may fail depending on the type of incentive used. Not all incentives work for everyone. The management should settle for an incentive plan that favors the majority of the workers (Caruth & Handlogten 2001). Failure to sufficiently differentiate between high an d low performance may result in the incentive plan not achieving its purpose. For instance, if the incentive given to the higher performers has minimal difference to the one given to the average performer, the high performing workers may feel that the company does not recognize their effort. This would result in the workers being demoralized and demotivated: the opposite of what the company intended to achieve by coming up with the plan. The incentive should measure up to the effort the workers put in the job. The employees who show less effort should receive less reward compared to the higher performers. Another reason why an incentive plan may fail is if it is inflexible. For it to be fruitful, it should first be introduced on a trial bases targeting a small group. This is to ensure it is effective and correcting the flaws that it may have before it is implemented. The plan should be constantly modified to meet the needs that may arise (Caruth & Handlogten 2001). The timing may al so ensure the success or failure of the plan. For it to be successful, the timing of the issuing of the reward should be tied to the qualifying event. The basic salary should be harmonized with inflation as well as to the increase in responsibilities. The company should also identify the persons eligible for the incentive plan. This is because