IBW ISSUES

IBW Issues That Affect the Team/Dept

IBW Issues That Affect the Team/Dept

Introduction

The purpose of this paper is to enlighten and explore the impact of IBW issues on the Intersect Investment Company (IIC). This paper will analyze and explore diverse dimensions of the IBW issues in order to accurately measure their impact on the prescribed firm. Intersect Investment Company (IIC) desires to reclaim the reliance with the company's patrons and Wall Street investors. A terrorist attack in New York created despair for the financial industry. In this document the subject to describe are the issues and the opportunities that challenges Intersect, areas of improvement and what the concept is of these issues. Nonetheless, after analyzing the issues and their influence of different dimensions of the firm and its operations the paper proposes certain recommendations through which the firm can cope with the Intersect Investment Company (IIC) issues in order to enhance its performance (Kreitner, Kinicki, 2004). The paper will now discuss the IBW issues in the Interest Investment Company

IBW Issues in Intersect Investment Company

There are several issues that are related to IBW and they are identified in the Interest Investment Company.

Corporate Culture Issues

It is the most initial issue faced by the company. A profession is identified by the willingness of individual practitioners to comply with ethical and professional standards which exceed minimum legal requirements. It is widely recognized throughout the financial industry that the culture of an organization has a large impact on the performance of the employees (Kreitner, Kinicki, 2003). This can be a positive impact or a negative impact. A large majority of employees that work for organizations with a strong corporate culture are more motivated and feel that they are part of a team (USPS, 2008). This means that they are more motivated and, therefore, happier in their working environment meaning that they are more productive. The positive effect on employees of a corporate culture is usually followed by commitment, inspiration and loyalty (Bateman, Snell, 2004).

It has been proven that these results will come by establishing the work environment as more of a learning environment making the job more interesting and enjoyable. A great deal of employees feel supported by a culture in which knowledge, information and resources are easily shared. This can be achieved by employees using internet and website tools to communicate with each other throughout the entire hotel chain; they can share their ideas and comment on their own experiences. This helps to build strong relationships and so the employees feel more comfortable with the people that they are working with (Bateman, Snell, 2004). After this issue ethics problem must be identified.

Ethics Intersect Investments will be able to incorporate ethics learned from the ethical training and executive staff introducing team building methods to reach employees as well as clients to improve customer satisfaction and employee morale (Boatright, 2008). An ethics management system consists of a set of internal efforts to formulate, plan and implement certain policies that will lead the organization to better fulfill ...