Performance Enhancement in Manufacturing Facility Essay

Performance Enhancement in Manufacturing Facility - Essay Example While such programs are essentially characterized by the conventional monetary and non-monetary incentives to a greater extent, there are some novel elements such as de-structuring and delayering of certain positions in the hierarchy. Such efforts have produced some positive results though the extent of them is not known. XYZ Company was founded in 1899 by a group of investors includingGiovanni Agnelli. Apart from cars, it is also manufacturingrailroadvehicles,tanksandaircrafts. On 2009, XYZ Company became the world's sixth largest carmaker as well as Italy's largest carmaker. XYZ company-based cars are constructed all around the world, with the largest number produced outside Italy being built inBrazil, where they are best-sellers. It also has factories inArgentinaandPoland. XYZ Company has a long history of licensing its products to other countries regardless of local political or cultural persuasion (Robbins, 2009). Joint ventureoperations are found inItaly,France,Turkey,India,Serbiaand Russia. XYZ is a company that supplies good job opportunities to the employees. However the XYZ Company's operations are increasingly being affected by a lack of uniformity in work standards among its employees in different manufacturing plants. It's basically higher level of absenteeism, low morale, poor motivation and ultimately the work related stress of employees at some of the European factories have been reported. However those work related problems are