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a. Identify and explain a management style that could address issues of employee morale at Silverstone Insurance Limited - VCE - SSCE Business Management - Question 7 - 2003 - Paper 1
Question 7
a. Identify and explain a management style that could address issues of employee morale at Silverstone Insurance Limited. b. Justify your choice of management style... show full transcript
Worked Solution & Example Answer:a. Identify and explain a management style that could address issues of employee morale at Silverstone Insurance Limited - VCE - SSCE Business Management - Question 7 - 2003 - Paper 1
Step 1
Identify and explain a management style that could address issues of employee morale at Silverstone Insurance Limited.
Answer
One effective management style to address employee morale issues at Silverstone Insurance Limited is the consultative management style. This style encourages two-way communication between management and employees, allowing team members to provide input and participate in decision-making processes.
By adopting a consultative approach, managers can create a more inclusive environment where employees feel valued and heard. This can involve regular feedback sessions, open-door policies, and collaborative discussions that not only boost morale but also enhance job satisfaction. In this way, employees experience a sense of ownership over their work and the overall direction of the company.
Step 2
Justify your choice of management style.
Answer
The consultative management style is justified as it addresses the widespread disenchantment and distrust among employees at Silverstone Insurance Limited. By engaging employees in decision-making, management demonstrates that it values their opinions and is committed to their well-being.
Furthermore, this approach can lead to improved communication, reduced turnover rates, and a more positive workplace culture. Employees who feel they have a voice in the company's decisions are more likely to be motivated and loyal, ultimately contributing to better organizational performance. By fostering collaboration, the consultative style aligns with enhancing employee morale and creating a more productive work environment.