question_answer 24)

What steps should the company management take in relation to the above principles to restore the company to its past glory?

Answer:

Following steps should be taken by the company to retain its past glory (i) Work is divided into small tasks and distributed among the employees as per their specialisation. (ii) There should be one boss. (iii) Functions should be performed under one head or one plan. (iv) Formalised control should be maintained. (v) Proper remuneration and impressive incentives should be given. (vi) Hierarchical communication pattern is to be followed. (vi) Suggestions and feedback should be taken from the employees. (viii) Maintain high morale among employees.