Impact of Negative Employee Behavior

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Table of Contents

Introduction
The Negative Behaviors
The Need to Change
Involving Employees
Breakeven Analysis
Opportunities and Cost Principles
Financial Analysis
Conclusion
Reference

Introduction

Harmful and unethical behavior violates accepted behavioral norms and has negative consequences for other people. Such behavior and attitude can be changed and corrected, which will affect the efficiency of the work performed in finance and decisions. The description of negative employee behavior and ways to eliminate it, as well as the key elements and the role of financial methods and analyses, will be discussed in the paper.

The Negative Behaviors

The negative behaviors in the workplace are a highly destructive phenomenon that directly affects the working environment and atmosphere, the team’s mood, and the organization’s financial condition. Moreover, the manifestation of problematic and undesirable manners is potentially offensive and disrespectful for superiors and colleagues. This is not a professional disagreement or a personal conversation but a model of employee behavior that is most likely “toxic” in nature and should be combated.

The Need to Change

The need to change behavior is since everyone in the organization must follow the corporate culture and respect their colleagues. In order to offer help to a “problem” employee, several main aspects should be taken into account. Thus, it should be said that the employee’s work and contribution to the organization’s development are precious and necessary. It is essential to talk “heart to heart” with honesty and openness, collect feedback, and discuss the most disturbing aspects. Moreover, as the health care organization’s CFO, I should draw up a strategy to eliminate the existing problem based on the information received. For example, to increase the worker’s motivation and positive attitude, I must direct this employee’s efforts to cooperation and teamwork, considering set goals and objectives.

Involving Employees

If successful in changing the particular worker’s behavior, the rest of the staff will be more motivated and interested in making financial decisions. For example, removing even a tiny number of demotivating obstacles triggers a whole stream of positive energy. Employees will be morally adjusted and united in solving problems; the attitude to work will be based on a more friendly note. If the barriers remain unbreakable, they will stimulate the appearance of negative stories, gossip, and erroneous beliefs.

Breakeven Analysis

It should be noted that break-even analysis includes the following main elements. Primarily, this “tool” is quite extensive, multifaceted in its essence, and has a wide application (Ali, 2020). Moreover, this analysis accurately predicts when and in what period the investment can pay off (Ali, 2020). In brief, break-even analysis differs from “analogs” in that it shows the number of sales needed to pay back expenses and allows people to assess risks and consequences.

Opportunities and Cost Principles

There is a close relationship between opportunities and cost principles. This is due to the essence of opportunity costs, determined by the best-missed chance to use resources. In other words, opportunity costs can be defined as the costs of producing one product expressed in the costs of producing another product. As a rule, production costs depend on the subjective opportunities that have to be sacrificed to ensure this production.

Financial Analysis

The role of financial analysis in solving the problems of healthcare reform is extremely difficult to underestimate and overestimate. As a rule, financial analysis allows one to assess the picture of the situation in medicine and assess the effectiveness and usefulness of specific actions. This method helps answer several questions about the organization’s financial activities at once. Having received the necessary information, a specialist can build particular strategies and tactics essential for solving problems and taking specific measures. The leading indicators of the financial analysis demonstrate the “viability” of a healthcare organization and the main trends in turnover and profit.

Conclusion

The employee’s harmful, destructive and incorrect behavior is one of the problems that directly affect the team and the healthcare organization’s systems and must be eliminated. Moreover, break-even analysis allows people to predict and anticipate potential risks and losses. Cost principles consist of solutions and opportunities presented, and any loss is a loss due to a missed opportunity. The financial analysis also greatly simplifies the decision-making process, allowing to see broader and more profound.

Reference

Ali, R. (2020). What is break-even analysis and how to calculate it for your business?. Oracle. Web.

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