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page:
2 pages/≈550 words
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0
Style:
APA
Subject:
Business & Marketing
Type:
Coursework
Language:
English (U.S.)
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MS Word
Date:
Total cost:
$ 10.37
Topic:
Investing in Your Team
Coursework Instructions:
Download the document, Week 3 Assignment: Investing in Your Team [DOCX] Download Investing in Your Team [DOCX], which you will use to complete this assignment.
In the document, read about these types of investment: growth mindset, job-sculpting, and work flexibility.
Assuming the role of General Manager of Hometown Cars, read the employee observations provided in the document. Choose a type of investment for each of the observations, and explain how it will improve the situation at Hometown Cars described in the observation. Explain whether the type of investment recommended leads to intrinsic motivation or extrinsic motivation. Be sure to include details from your approach to justify your response.
Coursework Sample Content Preview:
Investing In Teams
Student Name
Institution
Course
Instructor
Date
Investing In Your Teams
Observation 1:
Employees say they feel the company needs to focus more on their career development at Hometown Cars. They perceive themselves as negatively impacted by the sales department's internal competition, which hinders experienced sales associates from mentoring the new hires. Also, they need a formal training program, which worsens the situation.
General Manager Recommendation:
In this case, the growth mindset strategies are suggested as a supportive measure to address this issue. Creating a milieu where the employees feel that they can only grow and learn to better their professional skills is the key to overcoming the challenges to personal career development at Hometown Cars. Conducting workshops and seminars and providing resources that promote a growth mindset will create an environment where the employees will have sufficient confidence to take the initiative in their development (Bittinger, 2023). Moreover, implementing a mentorship program where senior sales associates are assigned to guide and train new hires to reinforce the transfer of knowledge and skill development is also necessary. Investing in a growth mindset can be as thrilling as it is powerful, as it helps employees see themselves as capable and strive for more. Employees are motivated to face challenges and improve their abilities and skills through the formation of a belief that they can do so through their efforts and development. Adopting this tactic will increase employee satisfaction and productivity and stimulate a more cooperative and innovative corporate culture for Hometown Cars.
Observation 2
Some salespeople at Hometown Cars are car lovers and are knowledgeable about the cars they sell; they seem to need more support with th...
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