Mcdonalds recommendations for a better future Essay

Mcdonalds recommendations for a better future - Essay ExampleThe confederation has a great emphasis on customer and employee satisfaction it is also very innovative with new trends and tastes being introduced in new products. Despite the companys success, it is faced with intense competition from other food chains such as KFC and Burger King. Therefore, it is indispensable to McDonalds leaders to adjust and improve the organization in several beas as a way of go this intense competition in the future.The company should apply efficient reward and performance practices so as to attract result driven professionals in the company who can succeed in performance-based environment. This technique is a crucial employee motivator. Several ways of employee motivation include giving them bonus payments, recognizing hardworking employees and giving them authority. McDonalds should regard giving employees bonus packages as per their performance. Continental Airlines introduced a bonus incen tive package where employees would receive $65 monthly for ensure on time flight operations, and it has improved its services. An effective reward management frame instills a sense of ownership to the employees as they tend to focus on job improvement in the company. One disadvantage of the strategy is that the employees can be de-motivated if the goals set to receive a bonus are too hard to achieve (Puffer 1999).Being a multinational company, McDonalds should use a decentralized organisational structure as opposed to a centralized structure to allow managers make appropriate and practical decisions for their outlets contextually. This is because restaurants in different countries might not be faced with similar challenges. Decentralized decision-making allows a subsidiary company company to make its decisions to solve local problems better than the parent company making decisions for a occupancy in the foreign country. The disadvantage with decentralized decision-making is that if a wrong