Describe how the concept of ‘Think Profit’ and NODs/CIAs applies to work
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages
Describe how the concept of ‘Think Profit’ and NODs/CIAs applies to work
Part 1: initial post(200-250 words)
Assignment: Describe how the concept of ‘Think Profit’ and NODs/CIAs applies to work/life balance. Give an example of your experience with work/life balance.
Part 2: reply to posts (50-75 words)
The concept of ‘Think Profit’, NODs and CIAs are important to the employees’ work life balances. NODs are just the facts, just the numbers that might give information about specific departments whereas CIAs basically put a ‘face’ with these numbers. The Competitive Impact Areas are the plans behind these numbers. They are the procedure to achieve greatness after taking the logistics into consideration.
These numbers relate to work-life balance. Work-life balance allows for employees to have a life outside of work, so that when they are at work, they are able to fully focus. Work-life balance, in theory, is
supposed to encourage the separation of work and the individual’s personal life. This is important, because even though it seems like it wastes money by giving employees more time off, it rejuvenates the
employee. It allows them to be happy, not overwhelmed. This will encourage employees to stay longer and be productive. Though the NODs might look less favorable because more paid time off is taken and presumably less hours are required. Productivity may be down, but this will also lower TOR and allow for more knowledgable and happier employees to work for the business. The CIAs are improved
with work-life balance. Their benefit plans might include more which would attract more employees and entice employees to stay with that company longer.
If a company “thinks profit” they would be able to see the long term benefit of allowing their employees a work-life balance.
Attached below is an article that I used to help me understand more about the mentality of ‘think profit’ because it explained what a profit center is versus what a cost center is.
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