Adaptation at work
Adaptation at work is critical for dealing with limited resources and achieving the stretch goals set. Clothing manufacturers have asked their workers to work extra hours during the busy seasons leading up to summer to satisfy consumer demands. It has been done without additional pay because the slack is paid in the space when orders are few and workers are given the option to leave work early. The big four audit firms have resorted to taking low-paying start-up jobs in the hopes of quickly growing and contributing higher margins to the firms. The big four audit firms have unique cultures which make them prefer to hire staff at the entry level. Natural selection is evident in their turnover. Employees joining the audit field at senior levels have a higher probability of resigning when compared to those who joined the firms at the entry level positions. It is due to the appreciation of the unique long hours and working methodology encountered in the earlier years that makes the early starters look forward to the deferred gratification at the senior levels.
The global nature of the big four audit firms has led to dependence. The partnerships in developing nations like Africa have strode to being comparable to the European firms. It has failed due to the low revenues earned in the African nations as the sectors served are less diversified. It has led to the reliance of foreign experts in labor when dealing with complex assignments in the energy and technological field. The European experts have already dealt with complex scenarios in Europe thus implementation becomes easier.
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