Business and Financial Watch

Posts Tagged ‘Employment’

I tend to agree with the comments in that succession is only one of many issues that specifically affect family businesses – they still have to deal with the day to day operational businesses that all businesses have to deal with.

The one thing that I do not agree with is the last comment such that succession problems will only exist after the founder plans to retire. Firstly, many businesses are making the transition from generation to generation many years and in fact many generations after the founder was involved and the whole preparation process for succession can take many years, and is very often a process that is engaged in and only when an appropriate successor has been identified does the plan to step down come into play.

Succession is an emotional issue for the person relinquishing control and can be a real challenge for the next generation but the key thing for anyone entering into a transtionary period/process is for good, open and objective communication with all concerned, clear definition of roles and responsibilities and also a time frame for implementation.

Even then there is no guarantee of success as the current leader still has to step down and cease their day-to-day involvement which, for many of them is not an easy thing to do!

There is perception in the public that the family owned company will unfairly treat the non members of family in the company. This perception is supported by a survey conducted in Surabaya, Indonesia. The respondents of the survey are young job seeker and the goal of the survey is to get their opinion about family business. The survey came with the result that 80% of the respondents believe that there is an unfair treatment between family members and non family members in the company owned and managed by family.

Is that really happened?

That survey only indicated about the perception of the job seekers, and another survey conducted by the Jakarta Consulting Group which the target respondents are the family owned companies and to know how the organization manage their career path of the employee especially the family members. The result showed that 36.8% of the respondents (the family owned companies), the family members directly got the strategic position in the company, 20.7% family members got the special treatment, 16.1% the family members have to follow the regular career management, but with the special policy with the shorter period to follow. And only 26.4% of the respondents have no special treatments to family members regarding the career management.

This survey gave the indication that there is an unequal treatment in the family owned company (family business) between family and non family members and also became a proof of the perception in public about unfair treatment in the family business. This is an important issue for the family owned companies, because the unfair or unequal treatment between family and non family members has showed that the organization have tendency to operated and managed not in professional way.

According to a study of senior management, 68% of workers are indifferent to the choice of having a male or female boss. There are several factors that influence the climate and therefore on worker satisfaction and productivity.

The job, responsibilities, pay, physical conditions of the job, the organization, involvement and relationships with peers and bosses are some of the variables that can influence both positively and negatively in the workplace.

Upper management has conducted a survey among 1156 of its employees, made available in different companies and sectors nationwide. According to the results, 68% of respondents shows indifference to the preference of having a male or female boss, while 18% opted for men and 14% for women.

What respondents value most is a superior that enhances teamwork, trait chosen by 29% of respondents. This feature will follow other as possessing good communication with their employees (25%), which has good knowledge (12%) and has the capacity to delegate (10%).

Finally, put skills have leadership skills (10%), good sense of humor (8%) and have experience (6%). By contrast, the least like the employees of a boss is the lack of respect (48%), abuse of authority (22%) and arrogance (16%).

This is compounded by the lack of professional communication with peers (10%), while the remaining 4% sure that what you like least about your superior is that it does not delegate and does not take into account the views of his team work.

The survey data reveal that although both sexes are shown, mostly indifferent when opting for the choice to have a head man or woman, secondly, women prefer heads (16%) and men heads (25%). For ages, we emphasize that with increasing age of the respondents, also increase the preference for having a boss man.

Today, there is a growing discontent among the people in relation to the work s to hold where they are constantly being pressured by new ideas with someone from another suite of needs. There are hardly any people who are in a job where there is no corruption or any other person not taking credit for their work . It would be great to be in a field or work s that a self-employed and the teacher’s decisions.

Of course, the difference is actually doing something about it, turn the dream of working on their own reality. You could start by making a list or talk to someone about the things you hate or can not tolerate in your current job or work s that you had. There are lots of benefits of beings own boss.

Their self-employment ideas are as important as what you’re worth. As a member of their own, you will reap just what you sow, without the fear of some employers to reap its benefits or to take risks. You should make sure you are motivated enough to drink mate in the planning and work that goes behind being a professional and once you have done your on your way to success.

Once you’ve made a list of ideas you have for the self-employed will have to check if they are useful at all. This is work s research and translated roughly research, market research. people will find your product or service useful? The basic principles for all products and services, resale, either directly or run a restaurant, are the same. Read the rest of this entry »