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    Case Study

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    Nene Taps
    Artemio became CEO of Rafol's Enterprises after his father's death and implemented cost-cutting measures, including downsizing through early retirements. This affected employee morale. Ely, the VP of HR, suggested evaluating both managers and employees based on achieving results to demonstrate how performance impacts company outcomes and satisfy shareholders seeking increased performance.

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    Case Study

    Uploaded by

    Nene Taps
    1K views1 page
    Artemio became CEO of Rafol's Enterprises after his father's death and implemented cost-cutting measures, including downsizing through early retirements. This affected employee morale. Ely, the VP of HR, suggested evaluating both managers and employees based on achieving results to demonstrate how performance impacts company outcomes and satisfy shareholders seeking increased performance.

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    6

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    Artemio became CEO of Rafol's Enterprises after his father's death and implemented cost-cutting measures, including downsizing through early retirements. This affected employee morale. Ely, the VP of HR, suggested evaluating both managers and employees based on achieving results to demonstrate how performance impacts company outcomes and satisfy shareholders seeking increased performance.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    1K views1 page

    Case Study

    Uploaded by

    Nene Taps
    Artemio became CEO of Rafol's Enterprises after his father's death and implemented cost-cutting measures, including downsizing through early retirements. This affected employee morale. Ely, the VP of HR, suggested evaluating both managers and employees based on achieving results to demonstrate how performance impacts company outcomes and satisfy shareholders seeking increased performance.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Case Study

    (Chapter 6)

    Why the Need to Change

    Artermio was appointed CEO of Rafol’s Enterprises upon the death of his
    father. The company went public under the leadership of Artemio and had to
    adapt to being open and transparent to outside investors. There were pressures
    from the shareholders to reduce costs and increase profits. In response, Artemio
    implemented cost-cutting measures including downsizing by means of enforcing
    early retirement of employees who he felt could not cope in the move to digitize
    the operation of the business.
    As expected, most of the employees were not happy and this affected the
    morale of their employees. Artemio sought the assistance of Ely Buenaobra, the
    VP of HR. Ely suggested a comprehensive program wherein it is not just the
    managers who would be evaluated based on achieving results but even the
    employees by means of demonstrating to their employees that their performance
    affects company results. This in turn will show to the shareholders that the
    company’s primary objective is to increase performance.

    1. Do you agree with the proposal of Ely? Explain your answer.


    ___________________________________________________________________
    ___
    ________________________________________________________________
    __________________________________________________________
    2. If you were an employee of Rafol’s Enterprises, how would you react to
    the new evaluation system that will measure your performance vis-à-vis
    predetermined outcomes or objectives?
    ___________________________________________________________________
    ___
    ________________________________________________________________
    __________________________________________________________
    3. Who should be involved in developing employee outcomes/objectives?
    ___________________________________________________________________
    ___
    ________________________________________________________________
    __________________________________________________________

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