Control Function Analysis
Today’s workforce is diverse in terms of age and other aspects that influence performance and success. Leaders must both motivate and support employees so that they can continuously adapt to change while creating opportunity in their careers.
Develop a 1,400-word analysis of how change management can help retain or promote employee loyalty by taking into account::
- Motivating individuals to stay engaged
- Monitoring employee performance through the control function of management
- Communicating the change process at both a strategic and tactical level
Include at least three references with at least one being a publication from the University Library.
Format your paper consistent with APA guidelines.
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Introduction
Employee retention is a very critical issue facing organizations in the modern world as they compete for a pool of talent in the labor market amid recovering economy. The costs of employees’ turnover are high and are estimated to be between 1.5 and 2 times of an employees’ salary. At the same time, there are some other soft costs for instance decreased employee morale and lower productivity that comes with employee turnover. These aspects usually add up to create huge problems for organizations that are not investing in their employees. Most organizations are not focused on looking at factors that are likely………………
APA
1,473 Words