essay - GMAT: Issue 28

A company fs long-term success is primarily dependent on the job satisfaction and the job security felt by the company fs employees.

Discuss the extent to which you agree or disagree with the opinion stated above. Support your views with reasons and/or examples from your own experience, observations, or reading.

Answer:
In terms of my belief that success for corporations depends on people working at the company, I agree with the opinion that a company's long-term success is primarily dependent on the job satisfaction and the job security felt by the company's employees. Yet, at the same time, we should keep in mind that the degree varies with the industry to which the company belongs and the maturity level that the company's employees present. I start with my general belief connecting to this subject, and then I mention the dependency that this subject has.

First and foremost, my strong belief about company's success is that people are fundamental success factors for any organization. People can creatively produce the company's middle-term or long-term business plan. People can invent revolutionary products and implement them in the production lines. Therefore, companies should first invest in people, not in factories or a headquarters building. Then, taking a look at the opinion articulated above, I can find a stringent bond between people themselves and their job satisfaction. How does a company keep its smart, competent employees for a long time? How does a company empower or motivate its employees? The answer is simple: give them all necessary stuff, and get them to have satisfaction that makes them think to continue working for the company. In this sense, I strongly support the idea that attaining employees' satisfaction should be the first priority for companies.

At the same time, however, we need to take into account the dependency that the policy has. That is to say, the degree that an enterprise weighs the policy depends on the industry and the maturity level. First, the effectiveness that a company earns through the people is fully influenced by the industry that the company stands on. For instance, namely heavy industrial sectors may be more influenced by its equipment or patent it has. On the other hand, most of service industry companies have a heavy weight on the people. Then, regarding a maturity level, a company should be flexible about treating its people by considering whether the people can be proactive or not. I mean, for instance, if the employees are immature, or in other words, they can not perform their jobs proactively or creatively, the company may need to take a strong control on its people by, for instance, defining its business processes forcibly or limiting employees' @autorities. What I'd like to say is that a company needs to place its position for the policy on people in a flexible manner.

To sum up, I generally agree with the idea that job satisfaction is a critical factor for any organization. Yet, at the same time, I'd like to call managers f attention to make sure that the effectiveness varies with various factors as I mentioned above.