MGMT659 CTU Research Analysis of Employee Turnover as A Management Problem The project deliverables must include the following: Update the management rese

MGMT659 CTU Research Analysis of Employee Turnover as A Management Problem The project deliverables must include the following:

Update the management research document title page with a new date and project name.
Update the previously completed sections based on instructor feedback.
New content (Week 2)
Literature review
Compare and contrast the eight sources collected in Unit 1 and add a minimum of five current articles from the Web on the topic, and develop a review of the literature with discussions and findings.
Identify and explain how the information discussed relates to the problem identified.
Name the document Your name_MGMT659_IP2.doc.
Submit the document for grading.

Don't use plagiarized sources. Get Your Custom Essay on
MGMT659 CTU Research Analysis of Employee Turnover as A Management Problem The project deliverables must include the following: Update the management rese
Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT!
Order Essay

ATTACHED IS A COPY OF LAST WEEKS ASSIGNMENT PAPER THAT WAS SUBMITTED. PLEASE HAVE A LOOK Running head: TURNOVER
1
Employee Turnover
Kimberly M. Seward
Colorado Technical University
MGMT659-2003A-01 Management Capstone
7/11/2020
TURNOVER
•
•
2
Table of Contents (TOC)
o
Use autogenerated TOC (leave this page blank until U5)
o
Separate page
Section Headings (create each heading on a new page with TBD as content, except for
sections listed under New Content below)
•
o
Introduction (Week 1)
o
Literature Review (Week 2)
o
Discussion (Week 3)
o
Analysis (Week 4)
o
Compilation of findings, conclusions, and recommendations (Week 5)
New Content (Week 1): The following items are separate sections under the Introduction:
o
Identify the problem, the context, and the audience.
o
Prepare a statement of the issue to be resolved.
o
Identify how the organization will be impacted if the issue is not resolved.
o
Identify the consequences if the problem is not resolved.
TURNOVER
3
INTRODUCTION
Purpose Statement
The purpose of this research is to develop recommendations designed to help hiring
managers at (?) orient new hires not only with respect to the overall operations of the
organization but specifically to creating exceptional experiences for the customers.
This paper aims to provide a comprehensive research analysis of employee turnover as a
management problem, using a literature review as a research design and giving recommendations
based on the findings of the study.
Identification of the Problem
In the contemporary corporate world, if the list of all organizational problems is run on
the mind of senior leaders of a company, managers’ fingerprints are all over the issues. In other
words, most organizational problems are caused by the management of a company. It is either
the action or inaction of managers that combine to become the hidden root cause of
organizational concerns (Hom et al., 2017). For this research analysis paper, the employee
turnover rate will be used as a management problem for analysis. Turnover is one of the biggest
and the most painful organizational issues that can plague a company to its knees in the current
world. When high turnover rates strike an organization, it is unfortunate that most companies
misdiagnose the problem. In most cases, management in most organizations falsely attributes
turnover of employees to quality of the job offer or even issues to do with employee fitting to the
workplace (Hom et al., 2017). The truth is quite different because research indicates that most
employees leave their jobs because of their managers. Putting it in another way, the management
of an organization causes employee turnover. In light of this, the direct audience of employee
TURNOVER
4
turnover in an organization is senior management and the human resource department. These are
the people who have the authority to take action on the recommendations to stop employee
turnover.
Statement of the Resolving Employee Turnover
As mentioned earlier, employee turnover is often caused by the poor management of an
organization. There are several ways in which poor management in organizations leads to high
employee turnover rates. First, when managers operating like dictators and refuse to take
employee opinions into considerations, they create a platform where proper employees runoff
(Kim et al., 2017). Secondly, the lack of performance reviews that allow employees to rate their
managers and the absence of a 360-degree feedback tool in an organization create a high risk for
turnover (Kim et al., 2017). The bottom line is that organizational management does not make
employees feel appreciated in their workplaces and makes them feel taken advantage of is
risking high employee turnover rates.
Organizations need to find the right ways and strategies for solving employee turnover
because it affects the business in multiple ways. Turnover is costly to a business organization
because a voluntary resignation of human capital investment calls an organization reinvest in the
replacement process (Kim et al., 2017). The replacement costs include searching for excellent
talent in the labor market, advertisements, and the selection process. Secondly, turnover needs to
be addressed because it leads to the loss of experienced employees. It also affects a business
organization’s productivity since there is a loss of experienced labor and trained staff that know
the culture and policies of the organization. Therefore, high employee turnover can lead to
inexperienced employees’ hiring to replace trained ones, which eventually lowers productivity
TURNOVER
5
(Kim et al., 2017). The bottom line is that organizations need to solve employee turnover
because of the negative consequences it brings to productivity, performance, and costs.
Impact of Turnover to an Organization
Turnover negatively impacts an organization if the problem is not solved. High
employee turnover rates come with the need for hiring and training new employees. High
employee retention gives a company a platform for providing a higher caliber workforce that
positively impacts the operation (Lee et al., 2017). However, high turnover is a source of
organizational problems. High employee turnover negatively impacts the revenue and
profitability of an organization. Turnover affects the income of an organization by increasing
hiring expenses, lost sales, increasing training costs, and lost productivity, which have a direct
impact on revenue and profitability of an organization (Lee et al., 2017). Employee turnover is a
cause of low workplace morale. An organization with a high turnover rate can experience low
workplace morale of employees. This stems from the fact that turnover leads to a smaller number
of employees, which increases the chances of overworking available employees because of
increased responsibilities and workloads (Lee et al., 2017). If this kind of working environment
continues in an organization, it can lead to more difficulty attracting and keeping high-quality
talent.
Turnover deteriorates the quality of the product or services an organization produces. Subpar quality of work and lower productivity that comes with high turnover can disrupt the
organization’s daily operations because of the smaller number of employees and inexperienced
employees (Kim et al., 2017). This impacts the quality of the products or services an
organization produces and could also have a sizeable impact on customer satisfaction. Turnover
also reduces marketing return on investment. A company can lose returning customers and
TURNOVER
6
customer referrals because of inexperienced staff and low-quality products brought by high
employee turnover even if the marketing expenses remain consistent (Kim et al., 2017).
Marketing return on investment is lowered because of an increase in the cost of a one-time
customer.
Research Methods
Recommendations will be developed based on findings from secondary published sources
as well as evidence found in best practices.
References
Hom, P. W., Lee, T. W., Shaw, J. D., & Hausknecht, J. P. (2017). One hundred years of
employee turnover theory and research. Journal of applied psychology, 102(3), 530.
TURNOVER
7
Kim, S., Tam, L., Kim, J. N., & Rhee, Y. (2017). Determinants of employee turnover
intention. Corporate Communications: An International Journal.
Lee, T. W., Hom, P. W., Eberly, M. B., Junchao (Jason) Li, & Mitchell, T. R. (2017). On the
next decade of research in voluntary employee turnover. Academy of management
perspectives, 31(3), 201-221.
Li, J. J., Kim, W. G., & Zhao, X. R. (2017). Multilevel model of management support and casino
employee turnover intention. Tourism Management, 59, 193-204.
Assignment Details
Assignment Description
Management Problem Analysis
This course is comprised of a series of Individual Project assignments that will contribute to a key Assignment submission at the end of the course. Each week, you will complete a part of a document that is designed to solve a management problem.
You will select a project as the topic for the analysis, which you will execute and document in this course. The project should represent a management problem that you will solve through research and application of knowledge and skills that you have gained in the courses taken in your program of study. This is the course’s Key
Assignment that you will make contributions to each week.
Below is a basic scenario that can help get you started thinking about a problem to work on. The idea here is to find a real problem in your world either at work or in another community you belong to. It could be a church, an association, and so on; a work problem is preferred. If you have a unique idea other than business, talk to
your instructor and make sure it fits within the parameters of the course outline and objectives.
For the purpose of this class you are a research analyst and your job is to perform studies and analysis for companies that need product, process improvement, manufacturing, and consulting research services.
Scenario
You have been assigned to develop a comprehensive research strategy and plan and develop a proposal outline for a customer-driven project. After you complete your review of the project, you will have to pick a topic and decide the research methodology that will be applied. Then you will have to develop the research design to
include the topic, purpose statement, literature review, research question and hypothesis, and the analysis and report writing format. Finally, you will have to present the research proposal outline for customer/management approval. For this project, you will not have to do actual data collection. This project requires the completion of
this assignment using secondary data.
Here is a link for more details and ideas for potential projects.
http://leankit.com/learn/kanban/continuous-improvement/
Assignment Details
For the assignments in this course, you will be developing a management problem analysis document that identifies a management problem and works through a formal research, analysis and synthesis method to provide a proposed solution to the problem. Your first task(s) in this process will be to (1) select a project to use as the
basis of your research, analysis and synthesis for each of the assignments in the course and (2) identify the audience (i.e., who has the authority to take action on the recommendations). You will also create the shell document for the final project deliverable that you will be working on during each unit. As you proceed through each
project phase, you will add content to each section of the final document to gradually complete the final project deliverable. Appropriate research should be conducted to support the development of your document, and assumptions may be made when necessary.
The project deliverables are as follows:
• Management Problem Analysis Document
o Use Word (do not use a template)
• Title Page
Course number and name
Working title (the final title will be determined in Unit 5)
• Student name
. Date
o Table of
le of Contents (TOC)
• Use autogenerated TOC (leave this page blank until U5)
Separate page
Section Headings (create each heading on a new page with TBD as content, except for sections listed under New Content below)
• Introduction (Week 1)
Literature Review (Week 2)
Analysis (Week 4)
Compilation of findings, conclusions, and recommendations (Week 5)
o New Content (Week 1): The following items are separate sections under the Introduction:
Identify the problem, the context, and the audience.
Prepare a statement of the issue to be resolved.
Identify how the organization will be impacted if the issue is not resolved.
Identify the consequences if the problem is not resolved.
Discussion (Week 3)
Research
• All research for this course is secondary; therefore, please provide an annotated bibliography comprised of a minimum of eight published articles from the CTU Library
• Be sure that this project is approved by the instructor.
• Name the document Your name_MGMT659_IP1.doc.
Submit the document for grading.
Please submit your assignment.

Purchase answer to see full
attachment

Calculate your paper price
Pages (550 words)
Approximate price: -

Why Choose Us

Top quality papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional academic writers

We have hired a team of professional writers experienced in academic and business writing. Most of them are native speakers and PhD holders able to take care of any assignment you need help with.

Free revisions

If you feel that we missed something, send the order for a free revision. You will have 10 days to send the order for revision after you receive the final paper. You can either do it on your own after signing in to your personal account or by contacting our support.

On-time delivery

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & confidential

We use several checkers to make sure that all papers you receive are plagiarism-free. Our editors carefully go through all in-text citations. We also promise full confidentiality in all our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

You are welcome to choose your academic level and the type of your paper. Our academic experts will gladly help you with essays, case studies, research papers and other assignments.

Admissions

Admission help & business writing

You can be positive that we will be here 24/7 to help you get accepted to the Master’s program at the TOP-universities or help you get a well-paid position.

Reviews

Editing your paper

Our academic writers and editors will help you submit a well-structured and organized paper just on time. We will ensure that your final paper is of the highest quality and absolutely free of mistakes.

Reviews

Revising your paper

Our academic writers and editors will help you with unlimited number of revisions in case you need any customization of your academic papers