Video review of executive summary from Victoria Business School
You are also asked to respond to at least one other student in the class on his or her response.
Your response to your fellow student is due by this week Sunday
You will share a draft of your report’s executive summary using the guidelines provided in the video, and then provide feedback on a classmate’s draft.
Please watch the video, “Video review of executive summary from Victoria Business School.” It is linked to at in Content for week 6.
After watching the video, please complete the following. Post your completed work as your response to this discussion topic.
Please post a draft of your executive summary for your final report. Make sure that your executive summary draft follows the format and structure of the Victoria Business School executive summary. The purpose of this discussion topic is to get you started in thinking through your executive summary. Another goal of this discussion topic is to allow your fellow students to see the topic on which you are writing your report and the possible conclusions you might have come up with.
Please note that your executive summary might change quite a bit when you eventually submit a draft of your report.
Purpose and method of this report
The purpose of the Total Rewards System is to enhance motivation. Employees are currently lacking motivation in the work environment which leads to a weakened organizational culture. The purposes of the report are to
- Determine whether motivation can be increased and whether doing so will improve morale, attitude, and performance.
- Recommend ways to enhance motivation through a rewards system aimed at employees.
Scholarly literature was reviewed based on case studies, interviews with employees, and integrated theories. The literature has indicated that improvement is possible, if not likely, when employees are heard and have a voice.
Findings and conclusions
The literature is supportive of a total rewards system where intrinsic and extrinsic motivators are implemented. That is, both tangible and intangible benefits are supported through these measures.
Recommendations for sustainability
Continued development of the program will lead to sustainable rewards not only for the employees but the organization through enhanced performance. Hopeful outcomes are based on continuity. Stakeholders will benefit using this widespread measure. The employees are not the only ones who are going to benefit, where consumer reward is viable based on the attitudes and behaviors of the employees.