MBA620PerformanceImprovementStrategies.docx

Performance Improvement Strategies 1

Performance Improvement Strategies

Myrnia Brown

SNHU/MBA 620

James Walter

April 14, 2024

Performance Improvement Strategies

Strategic Goal

company be able to work towards an sustainability effort within the f fuel efficiency being that

the carbon released would be less. According to Rutherford (2018), when speaking of why

“quads” or aircraft with four engines are typically less fuel-efficient than twinjets. Quads have a

higher wing height and smaller engine fan diameter along with they carry fewer passengers over

the Pacific.” Taken together, overall, very large four-engine aircraft used on transpacific flights

had 24% lower fuel efficiency per passenger than aircraft with two engines in 2016” (Rutherford,

(2018). Taking this into consideration smaller aircraft would be more efficient for TransGlobal to

meet their goal.

KPI and Measures

Improving the organizational culture will also improve the turnover rate, employee

satisfaction, employee churn rate, and average employee tenure KPIs. The new organizational

culture will focus on open effective communication which will decrease employee turnover as

employee satisfaction will increase due to trust within the organization. This also has an effect on

employee churn rate and average employee tenure as they are also directly affected by employee

satisfaction in the workplace. These learning KPIs also have an effect on the financial and

Performance Improvement Strategies

internal processes as employee turnover and time to hire both cause increased costs to the

that they do not need to wait around as much as previously or with other companies. The

employees, because happy customers, are more likely to be friendlier and that makes for easier

flights and environments to work in and around.

Using employee development programs to train future leaders in the organization is also

an investment into the future of the business as you end up with leaders whom are loyal to the

business. The most valuable feature to the organization is the advancement in skills and

knowledge which creates a successful environment. Individual developmental plans would also

be highly useful as it would give employees a chance to develop in the direction of their own

goals within the company, which will also give the employee a feel of value as they will realize

that the company cares for their future.

Performance Improvement Strategies

Reference

https://www.mbaskool.com/businessconcepts/human-resources-hr-terms/

17897organizationalcapabilities.html#:~:text=Organizational%20capabilities%20include

%20collaboration%2C%20talent%20management%20which%20binds,designing%20and

%20delivering%20business%20capabilities%20to%220firm.

Reasons to invest in employee development. Post University. (2021, January 6) Retrieved

November 28, 2021, from

https://post.edu/blog/heres-investing-employeedevelopment/#:~:text=Investing%20in

%20employee%20development%20boosts%20your%20bottom%20line.,get%20better

%20outcomes%2C%20and%20boost%20your%20bottom%20line.

Performance Improvement. (2023). What is Performance Management? BambooHR. What is