MANAGING PEOPLE AND PRODUCTIVITY Essay Example | Topics and Well Written Essays - 4750 words

MANAGING PEOPLE AND PRODUCTIVITY - Essay Example This has given rise to the need for companies to pay a great deal of attention to employee performances on the job and motivate them effectively, in order to improve the productivity of an organization. The recent credit crunch has hit the banking industry particularly hard, turning the spotlight on the manner of functioning of these institutions. The need for quality and accountability in these organizations has become even more evident, especially in a recessionary environment where productivity has become even tougher to attain. The management of human resources has come to play an even more important role in achieving that productivity and motivating employees has become vital, especially for the banking industry. This study therefore proposes to apply a case study approach to examine issues surrounding the motivation of employees in Barclays Bank. The true origins of the crisis can be traced back several years to the late 1990s when, concomitant with financial deregulation in the United States that commenced during the Reagan administration, banks began to change their traditional mortgage arrangements. Earlier, mortgages issued were few and far between, because banks provided them to customers only after intense verification checks on credit and customer income. The customer was then obliged to make regular monthly payments to the bank. Earlier, banks had to finance their mortgages largely from their existing deposits from other customers; as a result this restricted the scope of their lending. With the rise in the mortgage bond market, this situation changed because banks were able to find additional sources of funding for loans through investors in mortgage bonds. Banks began to lump their mortgages together with other kinds of loan assets and sell them off to investors in the bond market, through the process of securitization of loans. In recent years, many of the regulatory measures that were instituted as a part of the New Deal after the Great depression of 1929 have been overturned, including the Steagall Glass Act, which imposed restrictions on speculative activity. (Chossudusky, 2008). Inflation in most developed countries was held down in developed countries such as the U.S. and the U.K. using the cheap imports available from countries such as China. Since inflation rates were low, this also helped to keep interest rates low, pushing up the value of property prices.(Blythe, 2008). Such an atmosphere, where property values appeared to be stable and keep rising, only encouraged banks further to branch into more speculative activity related to mortgage lending, and to lend out more than what they had on deposit from customers.(Blythe, 2008). The model presented below graphically depicts the traditional model of mortgage lending as compared to the current, existing system which involves third party bond investors, with deregulation encouraging speculative activity by banking institutions. Fig 1: The new model of mortgage lending (Source: http://news.bbc.co.uk/2/hi/business/7073131.stm) THE NEW MODEL OF MORTGAGE LENDING Top of Form How it went wrong Bottom of Form As per the new model, the banks rely on additional source

Integrated Case Study Analysis Example | Topics and Well Written Essays - 6000 words

Integrated Analysis - Case Study Example ee thirds’, of having the company’s revenue equally generated from goods made in China and sold overseas, and goods that are produced and sold overseas. As the company approached the third decade in its business operations, the CEO was aiming at even higher targets. The goal of the company was to attain deeper penetration of the market in both rural China and overseas. The goal was to be achieved by increasing the share of the market and adding the product categories. The fast growing Chinese economy as well as shifts in production facilities to China may have played a role in driving the company to globalize. The impact of the WTO on China after entry in 2001 added pressure on the company to solidify its brand and products globally and to also have a dominant position in the local Chinese market. However, Zhang experienced the challenge of maintaining the company’s industry leadership in home (Archer & Cameron, 2013). The task of going global required Zhang to decide what lessons learnt from the international operations needed to be implemented at home and which lessons learnt from the domestic operations of the company needed to be applied in the international markets (Bonaglia & Goldstein, 2007). With the rapid growth of the economy in China, inflation peaked at 17 percent in 1995 forcing central banks to curtail lending by banks. As such, the Chinese government denied the company a loan of RMB 1.6 billion to curb speculation in the real estate. Zhang, faced with no other option of raising funds to expand the company decided to sell 43.7 percent of Qingdao Haier refrigerator division to the Shanghai Stock Exchange. The company was also faced by the challenge of penetrating global markets as its approach was to start with the difficult markets of the U.S and U.K whic h were already well established in consumer electronics and home appliances there by providing stiff completion for the Chinese company. This study has several objectives that it seeks to