
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Question
Workplace bullying and harassment have become challenging issues in many organizations and industries. Such misbehavior often involves intentionally harming others psychologically and/or emotionally on the job, as well as the development of a hostile work environment. While bullying and harassment can occur independently of each other, thus representing different issues, growing evidence suggests that these acts are interrelated, functioning together based on a prevailing negative corporate culture. Unfortunately, such misdeeds can make the workplace even worse because of the way they can encourage poor employee morale, negative work attitudes, and low job performance.
Being one of the largest investment companies with a workforce of over 40,000 employees, Fidelity has faced many of these challenges, likely based on the sheer number of individuals who work there. The company terminated several successful money managers because of alleged sexual harassment and workplace bullying. Fidelity has a strict zero-tolerance policy that prohibits harassment and other forms of inappropriate behaviors in the workplace. When incidences do occur, company officials promptly investigate what actually happened and address any issues as quickly as possible.
However, more is probably at work here, with signs pointing to a possible negative corporate culture. Fidelity has been dealing with harassment and bullying for some time, with employees complaining about a multitude of concerns. Many of the issues raised have been directed at the unethical conduct ofportfolio managers who work in the equity division of Fidelity. Incidences have included disapproving comments made by individuals about the appearance of others, sexual remarks directed at women, and workplace bullying that targets both men and women victims. One internal report even pointed to persistent misbehavior that created a culture that was not supportive of women employees; it also highlighted a merit-oriented compensation structure that encouraged excessive politics among portfolio managers and analysts.
A number of these infractions have led to the termination of several successful money managers. One individual was terminated for making sexual remarks to coworkers, while another was fired for sexually harassing a junior female colleague. Through terminations or retirements, other individuals were pushed out of the company for bullying their coworkers. These cases highlight the important notion that employees have a right to operate in a work environment that is free from harassment and bullying. Consequently, employers should develop policies and practices that protect workers from such misconduct, and that encourage immediate action when rules are broken. Even though there is growing awareness of these concerns, challenges related to workplace harassment and bullying will likely continue—power, position, and self-interest will always have the capacity to corrupt individuals and motivate them to misbehave.
Fidelity has been dealing with harassment and bullying issues for some time, and although company officials promptly investigate and address any issues as quickly as possible, there are signs pointing to a possible negative corporate culture. Which of the following is one of the factors that are most likely hindering Fidelity's ability to reduce employee complaints related to workplace harassment and bullying?
Being one of the largest investment companies with a workforce of over 40,000 employees, Fidelity has faced many of these challenges, likely based on the sheer number of individuals who work there. The company terminated several successful money managers because of alleged sexual harassment and workplace bullying. Fidelity has a strict zero-tolerance policy that prohibits harassment and other forms of inappropriate behaviors in the workplace. When incidences do occur, company officials promptly investigate what actually happened and address any issues as quickly as possible.
However, more is probably at work here, with signs pointing to a possible negative corporate culture. Fidelity has been dealing with harassment and bullying for some time, with employees complaining about a multitude of concerns. Many of the issues raised have been directed at the unethical conduct of
A number of these infractions have led to the termination of several successful money managers. One individual was terminated for making sexual remarks to coworkers, while another was fired for sexually harassing a junior female colleague. Through terminations or retirements, other individuals were pushed out of the company for bullying their coworkers. These cases highlight the important notion that employees have a right to operate in a work environment that is free from harassment and bullying. Consequently, employers should develop policies and practices that protect workers from such misconduct, and that encourage immediate action when rules are broken. Even though there is growing awareness of these concerns, challenges related to workplace harassment and bullying will likely continue—power, position, and self-interest will always have the capacity to corrupt individuals and motivate them to misbehave.
Fidelity has been dealing with harassment and bullying issues for some time, and although company officials promptly investigate and address any issues as quickly as possible, there are signs pointing to a possible negative corporate culture. Which of the following is one of the factors that are most likely hindering Fidelity's ability to reduce employee complaints related to workplace harassment and bullying?
|
|||
|
|||
|
|||
|
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution
Trending nowThis is a popular solution!
Step by stepSolved in 3 steps

Knowledge Booster
Similar questions
- Diversity in the workplace refers to the presence of individuals with various backgrounds, experiences, and perspectives. Inclusion, on the other hand, involves creating an environment where all employees feel valued, respected, and included in decision-making processes. Embracing diversity can lead to increased innovation, creativity, and better problem-solving within an organization. It is essential for companies to actively promote inclusivity by fostering a culture that celebrates differences and ensures equal opportunities for all employees. Inclusive workplaces not only benefit employees but also contribute to a positive corporate image and overall organizational success. Question: What strategies can organizations implement to create a more inclusive workplace, ensuring that diversity is not only acknowledged but actively embraced throughout all levels of the organization?arrow_forwardWorkplace bullying and harassment have become challenging issues in many organizations and industries. Such misbehavior often involves intentionally harming others psychologically and/or emotionally on the job, as well as the development of a hostile work environment. While bullying and harassment can occur independently of each other, thus representing different issues, growing evidence suggests that these acts are interrelated, functioning together based on a prevailing negative corporate culture. Unfortunately, such misdeeds can make the workplace even worse because of the way they can encourage poor employee morale, negative work attitudes, and low job performance.Being one of the largest investment companies with a workforce of over 40,000 employees, Fidelity has faced many of these challenges, likely based on the sheer number of individuals who work there. The company terminated several successful money managers because of alleged sexual harassment and workplace bullying.…arrow_forwardDiversity and inclusion in in management refer to efforts made by organizations to create a work environment that respects and values individual differences among employees. Diversity encompasses various dimensions, including but not limited to race, ethnicity, gender, age, sexual orientation, religion, disability, and socioeconomic background. Inclusive management involves actively promoting equal opportunities, providing support and resources for underrepresented groups, and fostering a culture of belonging where all employees feel empowered to contribute their unique perspectives and talents. Effective diversity and inclusion initiatives not only improve employee morale and engagement but also drive innovation, creativity, and better decision- making within the organization. By embracing diversity and fostering inclusion at all levels of management, organizations can build stronger, more resilient teams and enhance their competitive advantage in the marketplace. Question: What…arrow_forward
- Workplace ethics are not only essential for maintaining a positive work atmosphere but also for long-term business success. Beyond mere compliance with legal requirements, ethical conduct establishes a framework for fair competition, customer satisfaction, and employee retention. Organizations with a commitment to ethical practices are better positioned to attract and retain top talent, as employees are more likely to align themselves with a company that upholds their values. Moreover, an ethical workplace serves as a catalyst for innovation and collaboration, as individuals feel secure in expressing their ideas and concerns without fear of retribution. By fostering a culture that values ethical decision-making at all levels, companies can enhance their reputation, build stronger relationships with stakeholders, and ultimately achieve sustained success in an ever-evolving business landscape. Question: How can companies strike a balance between enforcing workplace ethics and allowing…arrow_forwardFollow the following structure to carry out your work:Introduction: Discusses the importance of safety and health in the work environment according to OSHA. Use the following guiding questions to develop your presentation: What are the employee's rights and employer's responsibilities under the OSHA legal framework? Explain your answer. How does OSHA enforce its regulations? Explain your answer. Conclusion: Do you believe that the information provided by the agency, including the material noted above, prevents accidents in the workplace? As? Explain your answer. https://www.osha.gov/ https://www.osha.gov/sites/default/files/publications/all_about_OSHA.pdfarrow_forwardWhistle-blow attachedarrow_forward
- De-escalation and use of force Summarize lessons learned from the administrative practices used in de-escalation and use of force. Analyze the administrative strategies, practices, and policies within de-escalation and use of force, as well as any issues you observe (e.g., information gaps, procedural issues). Describe any issues that the teams working in de-escalation and use of force cases might have encountered and the impacts of those issues.arrow_forwardWhat components are required or necessary to incorporate a safe work environment? Please identify the skills, technology needed, and methods for creating a compassionate, inclusive, and safe environment.arrow_forwarddo worker's unions exist for workers in the financial services sector and what are they doing to combat the level of stress in the sector? if they do exist why are their methods and policies to protect the members of their union from the causes of the stress at work not effective?arrow_forward
- Employers have an ethical and legal duty to provide a workplace free of harassment of all types. This includes harassment based on sex, race, religion, national origin and any other protected status including disability. Employees should not be expected to work in an atmosphere where they feel harassed, prejudiced against or disadvantaged. Discuss the above statementarrow_forwardHow could a company utilize social media such as Facebook, Twitter, or Linked-in to promote ethical behaviour and communicate the organization’s values? What are the advantages of using social media to promote ethical behaviour and values and what are the dangers of communicating in this way? Post at least three peer responses in which you comment on fellow students’ initial posts and their responses to other students. Be sure to respond to comments made about your initial post.arrow_forward“If supervisors communicate effectively with employees, deal with their concerns, and treat them fairly, employees are far less likely to be interested in forming or joining a union.” Do you agree or disagree with this statement? If so, why?arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Understanding BusinessManagementISBN:9781259929434Author:William NickelsPublisher:McGraw-Hill EducationManagement (14th Edition)ManagementISBN:9780134527604Author:Stephen P. Robbins, Mary A. CoulterPublisher:PEARSONSpreadsheet Modeling & Decision Analysis: A Pract...ManagementISBN:9781305947412Author:Cliff RagsdalePublisher:Cengage Learning
- Management Information Systems: Managing The Digi...ManagementISBN:9780135191798Author:Kenneth C. Laudon, Jane P. LaudonPublisher:PEARSONBusiness Essentials (12th Edition) (What's New in...ManagementISBN:9780134728391Author:Ronald J. Ebert, Ricky W. GriffinPublisher:PEARSONFundamentals of Management (10th Edition)ManagementISBN:9780134237473Author:Stephen P. Robbins, Mary A. Coulter, David A. De CenzoPublisher:PEARSON

Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education

Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON

Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning

Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON

Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON

Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON