Friday, February 21, 2020

MANAGEMENT & ORGANIS BEHAVIOUR Essay Example | Topics and Well Written Essays - 1250 words

MANAGEMENT & ORGANIS BEHAVIOUR - Essay Example a) Structure: The Company is faced with an issue of conflict management and there is a lack of good team work. Alpha has several excellent leaders like Mr. Ian Davidson. Captain Chubb, Mr. Ang, however due to the behavior of Mr. Ang and his hasty decisions the company has been faced with a very poor performance. The company also lacks a clear organizational structure and there is a confused organizational structure that is being followed within the company. This causes the performance to be reduced to a great extent and leads the overall team work to be overlooked. b) Leadership: Although Alpha has a strong set of leaders and a great management team all together the company still does not perform well. This is simply due to lack of qualities to lead the team as well as the time management issue by most leaders. The company also lacks a strong leader who can perform as per the needs of the company and in line with the needs of the employees as well. c) Strategies, Culture and Motivation: Alpha utilizes a very centralized approach of management within the organization currently. This also causes high levels of stress and leads to lowered motivation among the employees. The main cause of the stress that is being present in the company is due to the lack of a strong company structure. Also the lack of strong and well structured leadership leads to high levels of politics and confusions among the employees. There is also a clear cognitive dissonance among the leaders of the teams which in turn leads to the employees not being sure of the work they need to do and also causing a very stressful and uncooperative behavior among all the members of the teams. d) Rewards System and Job Satisfaction: The level of job satisfaction is relatively low and the reward systems that are in place at the current time require a great deal of change and improvements. The employees need to have a better reward system to help improve the motivation and also to focus on a

Wednesday, February 5, 2020

The 2007-2009 Financial Crisis Essay Example | Topics and Well Written Essays - 750 words

The 2007-2009 Financial Crisis - Essay Example The study by the international monetary fund (IMF) indicated that macroeconomic policies, balance sheet fragilities, and financial boom were some of other greater contributors to the crisis. The macroeconomic causes of the financial crisis were in terms of low inflation and low rates because the previous years were characterized by high degree of macroeconomic stability which was seen as unusual (Kolb, 2010). This was as a result of the opening of communist countries to world trade which leads to low labor cost to the world economy.The role of credit rating agencies in the 2007-2009 financial crisis was their failure to fully evaluate and understand the risks of introduced complex products. This is because the credit rating agencies role was to serve as gatekeepers in the global credit market. Their monitoring and issuance of debts and other securities issued by governments cooperate they were to exercise influence over access to the capital market and terms of pricing on which borro wers receive credit (Hemraj, 2015). There were contributions by government policies which lowered credit control where government policy was focused on home ownership. This led to increase in sub-prime mortgage lending which turned to be the root of crisis later. There were education and implementation of programs to encourage home ownership by low-income and minority citizens and there was an encouragement by real estate and mortgage institutions to increase rates of minorities’ homeownership.