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Essay / Employees and Professional Development - 599
According to societal beliefs, an organization's most valuable asset is its employees. It’s such a simple statement, but often misinterpreted. However, contrary to popular belief and given the changing dynamics of the modern workplace, it is not surprising that employees have less influence in a company's decision-making processes. It must be borne in mind that employees are an essential link in any company and must then be given the opportunity to develop. The essence of starting a business is “the bottom line,” or in simplistic terms, making a profit. As Milton Friedman, winner of the Nobel Prize in Economics in 1976, once said: “The social responsibility of business is to increase its profits.” (Friedman). Although many may openly disagree with this statement, there is some truth: substantial evidence exists in the operations of most companies. However, given the changing ideals of the modern marketplace, there is a growing belief that businesses have a separate but equal responsibility to their stakeholders, more specifically to their employees in this context. “Chance to grow” or “opportunity” comes in many different forms. shapes. In the modern workplace, there are various opportunities for employees to grow in a conducive environment. These opportunities range from employee learning opportunities to career development (which includes training and mentoring), each with unique benefits for employers and employees. Employers must continually look for effective methods to improve overall employee morale, which also results in increased production and subsequently. , higher profits. Providing learning opportunities is a classic example of... middle of paper ...... employees of an organization. Based on the above analysis, it can be clearly concluded that several factors are of great importance in finding beneficial opportunities. for employees. Employees are the core (backbone) of an organization. Ultimately, employers and employees should work collaboratively to create the best possible work environment, for the success of the employees and the organization as a whole. “Employee Growth and Development.” APA Center for Organizational Excellence. American Psychological Association, nd Web. May 21, 2014. Friedman, Milton. “The social responsibility of business is to increase its profits.” McGraw-Hill. The McGraw-Hill Companies, nd Web. May 19, 2014. Rennekamp, Roger A et al. “Professional Growth: A Guide to Professional Development.” University of Kentucky, nd Web. May 21 2014.