Bank of America's Annual report measures changes over time in the diversity of its leadership, management, and global workforce. Since 2015, what does it report as the increased percentage of "teammates of color" in top levels of management? What percentage of its management team is currently women? O 60%; 32%. O 55%; 38%. O 49%; 32%. O 50%; 38%.
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- The senior managers of a large financial institution recognize the importanceof training and development for their staff. They have a clear policy that notonly should staff be trained and developed to meet the licensing andlegislative requirements that apply to their area of business, but that staffshould also be encouraged and enabled to engage in other appropriatedevelopment activities. The middle managers, who largely look after staffperformance and development, all welcome this policy. They have made itclear to all of their staff that development opportunities are available and canbe applied for at any time. Many individual managers have therefore puttogether a lost of courses that they think might be of interest to their staff, andmake these available to staff so that individual members of staff can pick-and-mix the courses that they feel they would like to attend. There is no restrictionon the number of courses that are allowed for each staff member, and it is upto each middle…In conducting a SWOT analysis, Ali found that the company has a skilled workforce, a good market share and strong financing. This would be addressed in analyzing the company’s __________. __________. Weakness. Strengths. Opportunities. Threats. Strategies.Scenario Imagine you are a member of senior management team in your organization. Your team is dynamic and responsible for strategy development and execution. As the current business environment is demanding and constantly evolving, senior leaders of your organization are considering the need for new skills. They suggest a good learning and development strategy which could incorporate executive training, advanced technology training so that the leadership skills are continually sharpened. In a company with a clear and effective learning and development strategy, senior executives understand that the talent pipeline is secure; and team members can receive appropriate technology and skills training to fulfill their individual roles and at the same time organisation can achieve its goals. Set yourself up to develop a learning and development strategy for at least one work area or for the whole organization. Engage your team into the design and development process; and after…
- In conducting a SWOT analysis, Ali found that the company has outdated technologies and weak management. This would be addressed in analyzing the company’s __________. Strengths. Threats. Opportunities. Strategies. Weaknesses.Out of these 6 leadership styles, which would be more effective in the healthcare enviornment and why? Autocratic Leadership, Bureaucratic Leadership, Participative Leadership, Consultative Leadership, Laissez-Faire Leadership, Paternalistic LeadershipApril 2012, Forbes' magazine began its annual report on executive com- pensation with the following: "Our report on executive compensation will only fuel the outrage over corporate greed. In 2011 the chief executives of the 500 biggest companies in the U....got a collective pay raise of 16% last year, to $5.2 billion. This compares with a 3% pay raise for the average American worker. The total averages out to $10.5 million apiece....So much for the moral suasion granted to shareholders last year with the first-ever say-on-pay votes for U.S. public companies." (Forbes, April 4, 2012) Public criticism of executive compensation, especially among top execu- tives of U.S. based public-traded corporations, increased significantly following the economic collapse that began in 2008. For many observers, the magnitude of executive pay, both in absolute terms and relative to average workers, particu- larly needed to be addressed at a time when failed management was at fault for so much public and…
- 1. Under what broad risks will you place these risk factors? Economic Distress Mismanagement Technological Causes Working Capital Problems Fraudulent Management Lack of board effectiveness Boards' risk blindness Poor leadership on ethos and culture Defective communication Excessive complexity Inappropriate incentives Information "glass ceiling" Managerial inefficiency and ineffectiveness Over expansion Ineffective sales force High production costs Poor financial management Risk assessment strategy Inappropriate commercial policy Absence of manpower training and development policy Capital inadequacy Socio cultural factors Income instability Public policyAmazon has diversified into many businesses (e.g., e-readers such as Kindle, grocery stores with the acquisition of Whole Foods, and healthcare with Haven). Assess Amazon's decisions to diversity. Alternatively, consider the publicly traded Berkshire Hathaway B stock (https://www.investopedia.com/berkshire-hathaway-s-top-companies-and-brands-4685441; https://en.wikipedia.org/wiki/List_of_assets_owned_by_Berkshire_Hathaway). Assess Berkshire Hathaway's decisions to diversify. 5 Stars if Written well :)FACTS: N Bank, with nearly 150 branches (from Napa Valley, California, to Seattle, Washington) and 8.3 billion in assets, is committed to creating and maintaining a corporate culture that provides excellent customer service. A key component of the bank’s overall retail strategy is its “universal associate” program (that is what N Bank calls its employees). At N Bank, each universal associate is trained to perform every banking task. A teller can take a loan application, and a mortgage officer is able to assist a customer in opening a safe-deposit box. A significant side benefit of this culture is that N's employee turnover is one-half the industry average. Another benefit is that employee boredom is reduced by performing multiple tasks daily. An employee’s workday varies based on which departments are slow and/or busy. In contrast, at a typical bank, employees specialize in certain tasks; thus, employees often have an “it’s not my job” mentality. N Bank’s employees are empowered to…
- Workforce diversity has required that managers shift their philosophy in employees. This shift includes all of the following except: Select one: a.providing respect and sensitivity training. b.accommodating the different needs of different employees. c.treating everyone alike. d.providing diversity training to accommodate different needs.The toughest bosses are likely to be a) taxpayers b) government bureaucrats c) residual claimants (owners) d) sole entrepreneurs e) C and DHow important is a public ranking such as Fortune’s 100Best Companies to Work For? Explain your answer.