Understanding high attrition rates within a retail bank finance Essay

Understanding high attrition rates within a retail bank finance department - Essay Example This is project report for tackling a serious problem which is currently facing Bank 4 U. That is the problem of abnormally high attrition. This project is not intended to be an analysis of the problem. An analysis by its very nature is intended to be a review of the situation.This analysis is reviewed later and appropriate decisions are taken on its recommendations. This problem is sufficiently serious that only an interventionary approach to solve the problem will solve it. The Author proposes an Action research project in this proposal.The project team members will be managers and other personnel who will be able to act on the solutions as they come up in the research team. The members of this team will also not be disinterested members of this project, but whom this problem of attrition personally and professionally affects.The theory and practice of action research is sufficiently covered in the project plan to give an idea of the approach which will be taken to solve this probl em and the rationale behind that approach. The problem itself is explored sufficiently to see how it could be properly solved using this method.This Project was initiated by the top management of Bank 4 U. The author of this report was entrusted with implementing it. Action research methodology will be used. The theory will be accumulated from various scholarly sources. The problem, which was attrition, will be defined in great detail. It is apparent that this is a problem of very high magnitude with no apparent solution and that there is a requirement of an immediate intervention. A team of highly affected members of management will be put together. Using the various methodologies of Action Research, solutions will be constantly be discussed by the group and based on this discussion , various solutions will be continually implemented. The data gathered from implementations will be reviewed to look at possible modifications on a constant basis. The Author of this project , is also t he originator of this project , would not lead this project , but be more of a facilitator . The members of this project will be more of a round table with everybody's opinions receiving the same value. This would be important for a successful intervention and prevent this action research project be taken over by one or a few people and defeat the purpose the panel. The project panel will be in place for the duration of the intervention Understanding High Attrition within a Finance Organization Developing a Collaborative Roadmap to Improve Employee Retention Conceptualization and Framework Context Bank-4-U is one of the nation's leading financial services companies serving consumers and small to mid-sized businesses through various subsidiaries in the Bank-4-U family of companies. The organization has grown extensively through a series of acquisitions and as a result needs to address challenges in the areas of cultural and technical integration.

Leadership - Mahathir Mohamad - Former Prime Minister of Malaysia Essay

Leadership - Mahathir Mohamad - Former Prime Minister of Malaysia - Essay Example areas where the leader needs to rightly improve to help in the generation of effective leadership skills in the fulfillment of visionary objectives of the leader taken related to a business organization or the national region as a whole. The paper would first generate an effective background of the national leader and thereby reflect on the leadership potentials of the leader in the context of the organization or the region as a whole. Further, it would tend to highlight on key leadership theories and thereby aim to analyze and critically evaluate the leadership style of the person based on a specific leadership theory. Effective recommendations and conclusions would be generated thereof relating to the analysis conducted. Mahathir Mohamad served as the fourth Prime Minister of Malaysia during the period ranging from 1981 to 2003. Mahathir Mohamad is observed as the true beckoner for generating improvement in the economic situation of the Malaysian region. The model of economic development generated and used by Mahathir Mohamad is observed to guide the development of a number of developing countries. Born in 1925 in the Alor Setar region of Malaysia, Mahathir Mohamad during his early life started his career as a doctor. Later he was observed to join the UMNO (United Malays National Organization) Party and earned a seat in the parliament. He quickly spearheaded to the post of Prime Minister from a general Member of Parliament (Plate, 2011). The 22 year tenure of Mahathir Mohamad as the Prime Minister of the region reflected mixed contributions. On one hand, where as a Prime Minster he was found responsible for generating a model of economic betterment and welfare for the developing nations; on the othe r hand he was also found responsible for imposition of rigid limitations in the aspect of civil liberties. As a long term Prime Minister of Malaysia, the actions of Mahathir Mohamad is observed to generate considerable influence on the cultural patterns and also on