Organization Improvement Project Essay Example | Topics and Well Written Essays - 250 words

Organization Improvement Project - Essay Example essful organization leading in the business of water, gas and electricity, Enron was transformed into a credit laden and failed company due to unaccountability, corruption and failure to apply ethical principles (Gutman, 2002). Unethical and corrupt leadership was the greatest recipe for Enron’s collapse, which for years, the company tried to hide from the public domain. Coupled with dubious retirement plans and stocks, this culminated in disastrous consequences for the company, downgrading what it had achieved in 15 years, whereby it had established itself as a giant in the business world in the US (Gutman, 2002). Measures that the company would have instituted to ensure that the company did not collapse include; inculcation of organizational ethical cultures in company operations and the management; institution of trade-offs between individual actions and positive actions; Encouraging leaders to have ethical consciousness and to ensure leaders are accountable in their actions. Most important, there should be a complete overhaul of corporate and fiscal systems so that transparency and ethics are injected into corporate business practices at Enron. A potent and noteworthy plan needs to be put in place so that improvement can be achieved in the organization. This plan, the Ethical Leadership Decision Making Model, must always expect leaders to exhibit moral awareness before undertaking tasks. In so doing, leaders would be able to gauge the extent of their actions. It is important for every leader to weigh the end results of issues before undertaking them In conclusion, The Enron Scandal illustrates what unethical business practices can do to a successful; company. Once a successful organization, Enron collapsed as a result of unethical decisions, dubious business practices and lack of accountability by its leaders (Gutman, 2002). Had the company instituted business ethics in its practices, it would still be the successful company that ruled America for 15

Managing Human Capital at Barclays Bank Essay Example | Topics and Well Written Essays - 3000 words

Managing Human Capital at Barclays Bank - Essay Example Like any other corporation, Barclays also treat its human resource as the most valuable assets and the only active element to activate other elements such as machinery and equipments, which are otherwise, remain dead. However, unless the costs associated with the people management and maintenance is critically evaluated in the light of its probable benefits, the entire efforts will be a waste. Considering the employee initial cost and annual expenditure for hiring and training, it can be presumed that a huge amount has been incurred every year at Barclays. From all stakeholders’ point of view, it can be said that this is not a good sign of success. Rather, it is an indication that the company unnecessarily invest in hiring and maintaining people in the organization and is likely to incur huge loss unless all the employees are retained in the organization. Today’s employees have the tendency to switch over from job to another within no time. This causes further increase in the employee maintenance cost as the organization is required to fill the gap on account of such movement. The most possible solution for this kind of unnecessary increase in the employee cost is that hire only those people whose services are unavoidable to the organization. Also make sure that newly joined are likely to be maintained in the firm at least for three years. It has been mentioned in the report that the pension cost has been on the increase and this can be reduced, if proper care is taken while fixing the compensation plan.