Barclays Plc's Decision In Merging With Lehman Brothers

Table of Contents

I)Evaluating The Challenges .3

Workplace Diversity4

The Challenges of Workplace Diversity4

The Management of Workplace Diversity5

Planning a Mentoring Program-6

Organizing Talents Strategically-6

Leading the Talk-7

Control and Measure Results-7

Motivational Approaches8

Gain-sharing:8

II) Use This Evaluation To Analyse.9

Introduction9

Deal Rationale12

Bank mergers12

Culture - Input and Output14

Organizational Culture vs. National Culture14

Creation of a Culture15

Keeping a Culture Alive16

How Employees Learn Culture17

Stories17

Rituals17

Language18

Conclusion18

References19

Barclays PLC's decision in merging with Lehman Brothers

Evaluate the challenges faced by management of the new organisation with specific reference to Human Resource Management.

The function of the Human Resource Manager is developing with the change in comparable market natural environment and the realization that Human Resource Management should play a more strategic function in the achievement of an organization (Barclays, 1926-1969). Organizations that manage not put their focus on appealing and keeping gifts may find themselves in dire penalties, as their competitors may be outplaying them in the strategic paid work of their human resources. With the boost in affray, in the local area or globally, associations should become more adaptable, resilient, agile, and customer-focused to succeed. And inside this change in natural environment, the HR expert has to develop to become a strategic colleague, a worker sponsor or support, and a change mentor inside the organization (http://www.gfmag.com). In alignment to do well, HR should be an enterprise propelled function with a methodical comprehending of the organization's large-scale image and be adept to leverage key conclusions and policies. In general, the aim of today's HR Manager is on strategic staff keeping and gifts development. HR professionals will be advisers, counselors, mentors, and succession planners to assist inspire organization's constituents and their loyalty. The HR supervisor will furthermore encourage and battle for standards, ethics, convictions, and spirituality inside their associations, particularly in the administration of workplace diversity.

This paper will highlight on how a HR manager can meet the challenges of workplace diversity, how to motivate employees through gain-sharing and executive information system through proper planning, organizing, leading and controlling their human resources.

Workplace Diversity

According to Thomas (1992), dimensions of workplace diversity include, but are not limited to: age, ethnicity, ancestry, gender, physical abilities/qualities, race, sexual orientation, educational background, geographic location, income, marital status, military experience, religious beliefs, parental status, and work experience.

The Challenges of Workplace Diversity

The future success of any organizations relies on the ability to manage a diverse body of talent that can bring innovative ideas, perspectives and views to their work. The challenge and problems faced of workplace diversity can be turned into a strategic organizational asset if an organization is able to capitalize on this melting pot of diverse talents (http://www.gfmag.com). With the mixture of talents of diverse cultural backgrounds, genders, ages and lifestyles, an organization can respond to business opportunities more rapidly and creatively, especially in the global arena (Cox, 1993), which must be one of the important organisational goals to be attained. More importantly, if the organizational environment does not support diversity broadly, one risks losing talent to competitors (http://www.bloomberg.com).

This is especially true for multinational companies ...