poster presentation

Introduction LLOYDS Bank has been delivering professional assistance and recommendations to British consumers, companies, and societies since 1765. Its understanding is based on this background, enabling our customers of all generations economic comfort and peace. It operates in the private sector. (Llyods, 2022).

This presentation is about the two areas of Management which are Motivating the employees during the time of unprecedented change and Ensuring employees’ readiness.

We will also be learning about the impact of covid on these areas and how the organization is making efforts to amend the consequences.

Employee motivation refers to the amount of enthusiasm, dedication, and invention that

employees bring to their professions. (Susilo, 2018). Finding strategies to encourage

employees is always a management priority, regardless of whether the economy has grown

or declined. Motivating employees at the time of Covid-19 is the biggest challenge for all

companies and organizations. (Przytuła, Strzelec and Krysińska-Kościańska, 2020).

Therefore, LLOYDS Bank is trying to –

• In the current situation, the bank is trying to understand its employees and let them

know that the organization is here for them to help in achieving the targets.

• By providing an unbiased review of present circumstances to them, and comfort them

that the challenges will be faced together.

• By allowing the employees to make decisions about their work as much as possible and

encourage them to share their expertise and talents.

• By taking opinions and knowing the perspective of the employees to make them feel a

part of the company.

• Rewarding the employees on little success, so that they can be appreciated and can work

harder for the bigger targets.

• Incorporating leaders to follow activities to the inspirational portfolio in order to enhance

trust and sense of safety in the company while decreasing the level of anxiety,

resentment, and skepticism.

• Starting the interaction directly and regularly with each member of the team,

understanding them and enabling them to get to know about the goals and objectives of

the company, and establishing the company’s enthusiasm and purpose in them. (Schall,

and Chen, 2021).

Employee readiness is described as the degree to which employees are

prepared or eager to take part in learning. It plays a significant role for the

organization in a way that the trained employees will contribute to the

decision-making process which will lead to the diversities of ideas and

hence will lead to better decisions for the organization. (Matthews, Daigle

and Houston, 2018). Employee’s availability for training is characterized as

having the necessary character qualities such as capability, personality,

commitment, and willingness. Developing functional adaptability will require

adapting employees' skills and positions to post-pandemic modes of

working. (Roemer, Sutton and Medvedev, 2021).

LLOYDS’s main focus is –

• Making the supervisors and managers capable of handling the team in

the virtual model and training them how to lead the entire team from

remote working areas.

• The new recruiters will be trained directly by the managers as they can

teach and train them.

• Mapping out the skills which are currently required for making up the

losses. (Budur, Demir and Cura, 2021).

.

This research has helped in learning about the management

issues of motivating employees and why training is important at

the current time. The effects on the productivity of the

organization.

Covid-19 has affected people’s lives in every aspect, therefore, it

is necessary for the bank to have reforms in order to grow and

develop which will help it in overcoming the losses incurred

during lockdowns.

Employee’s Readiness

Aims & Objectives

Conclusions

IMPACT OF COVID ON MANAGEMENT ISSUES AND ORGANIZATIONAL BEHAVIOR

Figure 1 (Source: Squareup, 2022) The above pie chart describes the ways to motivate employees such as a good leader, increments in salaries and making them believe in the company.

Motivating Employees

The purpose of this presentation is to learn about the impact of Covid-19

on LLOYDS Bank, as well as the reforms that the bank is making to

address management challenges such as motivation and readiness

(training and development) among employees.

References:

Budur, T., Demir, A. and Cura, F., (2021). University readiness to online education during Covid-19

pandemic. International Journal of Social Sciences & Educational Studies, 8(1), pp.180-200.

Matthews, B., Daigle, J. and Houston, M., (2018). A dyadic of employee readiness and job satisfaction:

does there exist a theoretical precursor to the satisfaction-performance paradigm?. International

Journal of Organizational Analysis.

Przytuła, S., Strzelec, G. and Krysińska-Kościańska, K., (2020). Re-vision of future trends in human

resource management (HRM) after COVID-19. Journal of Intercultural Management, 12(4), pp.70-90.

Roemer, A., Sutton, A. and Medvedev, O.N., (2021). The role of dispositional mindfulness in employee

readiness for change during the COVID-19 pandemic. Journal of Organizational Change

Management.

Schall Jr, M.C. and Chen, P., (2021). Evidence-based strategies for improving occupational safety and

health among teleworkers during and after the coronavirus pandemic. Human factors.

Susilo, D., (2018). Transformational leadership: a style of motivating employees. MEC-J (Management

and Economics Journal), 2(2), pp.109-116.

Figure 2 (Source: Businessjorgans, 2022) The above table describes the need for readiness among employees as it teaches them to use the resources in an efficient and effective manner, increases profit margins, reduction in turnover, and develops a positive reputation of the organization or company.

Student Name: TIAN JIARUI

Student ID: 21426048