Leveraging the Military Mindset Into Business Research Paper

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Introduction

Yorktown System Group succeeds with the military mentality as its base production. The company having been founded with service-disabled veterans, it provides solutions to federal and civic organization enabling them to tackle their challenges (Zoroya, 2013). The company was established in 2008 and has a culture of employing veterans and the relatives of servicemen on missions all over the world. At its founding, 95 percent of the staff were veterans (Lee & Rieh, 2021). This paper focuses on leveraging the military mindset into business, and it impacts the company culture. Assuming that Yorktown System Group maintained its culture of hiring a high number of veterans, the analysis compares different employee behavior with its competitors.

Company Hiring Culture

In the last years, that is, between June 2019 and June 2021, Yorktown Systems Group has hired over 127 employees (Linkedin, 2021). As shown in Table 1, a t-test was performed for this period to establish if there is a significant difference between the hiring of veterans and non-veteran employees.

Table 1: t-Test: Two-Sample Assuming Equal Variances

VeteransNon-Veterans
Mean4.7880.252
Variance14.626516670.040516667
Observations2525
Pooled Variance7.333516667
Hypothesized Mean Difference0
df48
t Stat5.92204783
P(T<=t) one-tail1.64866E-07
t Critical one-tail1.677224196
P(T<=t) two-tail3.29733E-07
t Critical two-tail2.010634758

Based on the company culture, a ratio of 95:5 was created to categorize the veterans and non-veterans among the hired employees. From the t-test: two sample assuming equal variances, the p-value was less than 0.05; hence the null hypothesis was rejected, and the alternative hypothesis that states there is a significant difference between hiring rate for the veterans and non-veteran employees within Yorktown Systems Group. This indicates that the number of veteran employees within the company is significantly higher compared to non-veteran employees.

Company Employee Growth

In reference to figure 1 in the appendices, Yorktown System Group’s operation time is compared to its competitors. The age is calculated from the time each of the companies was founded. The time factor is important in understanding the growth of the company. YSG is one of the youngest companies compared to its competitors. Having operated for 13 years, the company has 326 employees, which is quite standard compared to its competitors. It also means the company is growing exponentially over the years. Yorktown Systems Group is rated 4 out of 5 by its employees (Growjo, n.d.). This is a high rating, and it implies that employees are happy with the company’s culture. The company has a growth rate of 6 percent in terms of the number of employees, which is the highest growth rate compared to its competitors (CraftCo., n.d.). This implies that the company is growing and expanding its business scope. With YSG’s culture of hiring veterans and relatives to the veterans, this is an indicator that the company is benefiting from the military mindset in its business. It is also supported by the type of services it offers (Davis J.M., 2018).

Conclusion

In the past year, Yorktown Systems Group has employed significantly more veterans than non-veterans. This has, however, been the company’s culture since its establishment. The company has a significant number of employees compared to its competitors, even though it is the youngest. It has the highest growth rate of 6 percent, with the business development sector, leading amongst all its departments. With an employee rating of 4 out of 5, the company has the third-highest rating among its competitors. This implies that Yorktown Systems Group is investing in the veterans and providing the best work culture for its employees. Yorktown Systems Group is succeeding in its operations by hiring post 9/11 veterans.

References

CraftCo. (n.d.) Yorktown Systems Group. Web.

Davis, J. M. (2018). 2018; Useful Assessment and Evaluation in Language Education: Preface. Georgetown University Round Table on Languages and Linguistics, VII-249.

Growjo. (n.d.). . Web.

Lee, H. A., & Rieh, H. Y. (2021). Study of Work Scope Reflected on the Job Description for Hiring Records Managers in Overseas Companies. Journal of Korean Society of Archives and Records Management, 21(2), 203-223.

Linkedin. (2021). Yorktown Systems Group Inc, Insights. Web.

Zoroya, G. (2013). How the IED changed the US military. USA Today, 19. Web.

Appendices

 Company Age
Figure 1: Company Age
Employee Rating
Figure 2: Employee Rating
Number of employees
Figure 3: Number of employees
Employees Growth Rate
Figure 4: Employees Growth Rate
Employee Distribution Growth by Function
Figure 5: Employee Distribution Growth by Function
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IvyPanda. (2022, December 8). Leveraging the Military Mindset Into Business. https://ivypanda.com/essays/leveraging-the-military-mindset-into-business/

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IvyPanda. 2022. "Leveraging the Military Mindset Into Business." December 8, 2022. https://ivypanda.com/essays/leveraging-the-military-mindset-into-business/.

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IvyPanda. "Leveraging the Military Mindset Into Business." December 8, 2022. https://ivypanda.com/essays/leveraging-the-military-mindset-into-business/.

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