The Storage Company
Autor: Sharon • December 2, 2017 • 1,158 Words (5 Pages) • 648 Views
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William Ouchi (1980) theorized the Z theory that is also known as the hybrid theory representing the Japanese and American styles of management.
Frederick Herzberg (1960) stated that the motivators could increase the productivity.
The employees were motivated to think freely and come up with creative and spontaneous ideas. They were trained to act upon the situation to build a good social atmosphere. The fundamental values and the business philosophies were achieved on treating customers and employees with dignity and respect.
Does it make sense that the Container Store hires ‘great people’? It is described as one of the six foundational principles of the company. Do you think this is a good Management practice? Explain your answer.
Yes the container store hires great people that being one of their sixth foundation principles, they hold on months and months for the best person for the job. I believe that it is a good management policy since the company cares for its employees providing them a good and a secure environment to work. Since job satisfaction is a main criteria, employees feel happy and sometimes willing to work overtime. This shows that the container store company has been built upon integrity, honesty and open communication thus pleasing the requirements of an employee. Although the company doesn’t provide food, water and shelter however it provides a wage more than 50 to 100 percent above the industry average to meet their needs. The employees are well recognized formally and informally thus proving to be one of the best companies to work for in America with an exceptional management practice.
Maslow, A. H., & Frager, R. (1987). Motivation and personality. New York: Harper and Row.
McGregor, D. (1960). The human side of enterprise. New York: McGraw-Hill.
Riley, J. (2012, September 23). Theories of Motivation. Retrieved from http://www.tutor2u.net/business/gcse/people_motivation_theories.htm
Tindell, K. (n.d.). What We Stand For | Putting Our Employees First | Page. Retrieved from http://standfor.containerstore.com/putting-our-employees-first/
The course work is 93% unique the quotes, copied are “quoted”. The reference is done in APA referencing style. Most of the facts are from the video and the container store company website itself.
Total word count including the questions (excluding reference): 1080
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