Business as a Workplace: Building Relationships Report

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Introduction

The establishment of relationships between an employer and the staff in a business environment is vital for an enterprise’s success. Such relationships should be based on both ethics and law to deliver the best company’s profit results and ensure a comfortable and trusting atmosphere within the workplace. The opposition of leaders’ requirements combined with employees’ responsibilities and the need to deal with diverse individuals in the workplace impose the development of a complicated system of rules regulating such relationships.

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Main body

To ensure staff’s compliance with the ethical behavior requirements in the workplace, companies utilize compliance-based and integrity-based ethical codes that set specific rules of corporate behavior. Such ethical codes should be based on legal documents and not violate any rights and freedoms of employees (Nickels et al. 95-96). However, a leader needs to establish trusting relationships within the company to ensure responsibility delegation, commitment, and common interest in the ultimate result.

To achieve this level of cooperation, a manager should apply basic theories of motivation based on personality types and intrinsic or extrinsic rewards types (Nickels et al. 270-271). For example, a thoroughly utilized goal-setting theory is potent of increasing productivity, providing both employees’ satisfaction and the company’s profit. The results of the work should be evaluated and used as a basis for job rotation that can be carried out by a quality human resource (HR) management (Bailey et al. 294). The actions of HR managers must abide by appropriate laws to ensure equality in employees’ selection, hiring, and training within apprentice programs.

Conclusion

In the case of coordinated work of all company divisions, it is possible to find a balance between law regulations, employees’ job satisfaction, and companies’ profit. The main issue concerning adequate workplace relationship establishment is the application of ethical principles in the specifically developed codes and trusting and respectful communication between the participants of the working process. Such an approach would be beneficial for all parties involved in business cooperation.

Works Cited

Bailey, Catherine, et al. Strategic Human Resource Management. 2nd ed., Oxford University Press, 2018.

Nickels, William, et al. Understanding Business. 11th ed., McGraw-Hill Education, 2016.

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IvyPanda. (2021, May 12). Business as a Workplace: Building Relationships. https://ivypanda.com/essays/business-as-a-workplace-building-relationships/

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"Business as a Workplace: Building Relationships." IvyPanda, 12 May 2021, ivypanda.com/essays/business-as-a-workplace-building-relationships/.

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IvyPanda. (2021) 'Business as a Workplace: Building Relationships'. 12 May.

References

IvyPanda. 2021. "Business as a Workplace: Building Relationships." May 12, 2021. https://ivypanda.com/essays/business-as-a-workplace-building-relationships/.

1. IvyPanda. "Business as a Workplace: Building Relationships." May 12, 2021. https://ivypanda.com/essays/business-as-a-workplace-building-relationships/.


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IvyPanda. "Business as a Workplace: Building Relationships." May 12, 2021. https://ivypanda.com/essays/business-as-a-workplace-building-relationships/.

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