Diversity of Skills

Paper Summary:

This paper discusses the importance of diversity of skills within a business or organization. It suggests that differences in skills and abilities within the organization allows for members of the team that are new to the business to learn from those that have acquired the skills that are expected within the organization. Furthermore, when there is a diversity of skills there is a constant influx of knowledge that is being transported among members of the organization, with learning taking place on a consistent basis.

From the Paper:

"1. How effective are non-monetary incentives in relieving stress? The simulation indicates that non-monetary incentives can be effective for employees through actions that support the worker's value, and reinforce teamwork in business. For example, the company that offered rewards of outings for the employees, or the business that encouraged managers to assist busy workers by serving them coffee are methods that support workers, while at the same time relieving stress and providing for a strong team environment. 2. How does employee motivation impact organizational performance? When employees understand that their work is valued and that their basic needs will be addressed by management, the workforce feels a loyalty to that organization and the loyalty will be demonstrated through performance. "

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