Question

In: Operations Management

Be introspective and discuss your perspectives on the productivity dilemma? Be specific and detail what are...

Be introspective and discuss your perspectives on the productivity dilemma? Be specific and detail what are the central productivity issues faced by both managers and organizations. What in your view attributes to this and describe the cognitive motivational theories that will best address the dilemma?

Solutions

Expert Solution

Productivity dilemma refers to the state where any organization has to strike a balance between short term gains and future investments. For any company or organization, getting the short term gains and putting some money for future investments are equally important.

As a Manager, some of the central productivity issues which is being faced by him or her as below-

  • Prioritization of the projects – One of the key dilemma faced by the managers are the prioritization of the projects. Considering some projects can hold promise of bringing more benefits in future and some of the projects are to be taken care to generate revenue for day to day functioning of the company, it becomes really challenging to identify and prioritize the projects accordingly.
  • Employee management- Keeping the employee’s interests also intact all the time is also a bigger challenge for the managers.

As an Organization, some of the central productivity issue faced by it, could be as below-

  • Keeping shareholder’s faith and confidence alive- As a shareholder, person is more concerned about company’s growth projection and revenue model. Hence keeping the shareholders intact and interested all the time is Organization’s utmost priority.
  • Taking consensus of all the board members for future projects- Considering any company is run by a strong profit or revenue, it’s very imperative to get the consensus of all the board members on future projects and current ongoing projects. Keeping all the members motivated enough to believe in company’s growth model and goal setting is very important to maintain the sustainability in a long run.

To address the above dilemma and challenges, one can adopt the cognitive motivational theories such

  • Motivating the employees to choose the projects and goals judiciously
  • Also motivating them to fulfill the expectation of the organization.

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