We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Analyse how organisational culture creates complexity of management - Essay Example

Comments (0) Cite this document
Summary
How organisational culture creates complexity of management: Barclay’s Libor Scandal BY YOU YOUR SCHOOL INFO HERE DATE HERE How organisational culture creates complexity of management Introduction The role of management in an organisation requires more than just traditional, structured management principles of leading, controlling, planning and organising…
Download full paperFile format: .doc, available for editing
Polish This Essay95.5% of users find it useful
Analyse how organisational culture creates complexity of management
Read TextPreview

Extract of sample
"Analyse how organisational culture creates complexity of management"

Download file to see previous pages If management teams follow guidelines of ethical behaviour, social learning theory indicates that subordinates and co-managers in the organisation will role model these behaviours so long as there is reiteration of mission and vision and establishing an environment where ethics and moral business practices are iterated repeatedly by senior executive leadership. Therefore, establishment of an effective and moral organisational culture requires significant investment on behalf of management to appeal to sociological and psychological needs and values of employees. Fairholm (2009) identifies that in order to build a positive culture, a manager must be visionary, charismatic, and inspirational to gain followership and dedication to organisational vision or mission. The psycho-social dimensions of human behaviour are what make investigation into the Barclay’s Libor Scandal so relevant when attempting to understand how culture creates complexity of management. Barclay’s was a participant in fraudulently inflating their Libor rates in order to create the perception of better creditworthiness and to make Barclay’s appear more financially stable than the bank actually was (New 2012). These actions were designed to entice shareholder investment and ensure more profitable sales of various derivatives that were, in actuality, over-valued. If senior leadership at the organisation had developed a culture of ethics dedicated to sustaining moral business practices, manipulation of the Libor interest rate would not have occurred. The purpose of this research into the Libor Scandal is to determine how culture played a role in creating a negative reputation for Barclay’s in a variety of profitable investment markets. The research examines Barclay’s senior management team involvement in the scandal and their failures in creating an organisational culture that would have prevented public outcry and legislative investigations into Barclay’s ethical business practices. The scope of the research is an investigation into what potentially drives a need for development of an organisational culture through analysis of secondary research literature describing cultural importance and the factors that could have potentially driven Barclay’s management to dismiss ethical business practices in favour of profit gain. Research identifies that culture creates management complexity with the demands placed on managers to exceed their role of structured manager to that of a human resources-focused leader that understands transformational leadership imperatives and role modelling behaviours to gain followership and dedication to meet corporate goals. Complexity at Barclay’s Starnes, Truhon and McCarthy (2010) identifies that authentic relationships can only be developed over time, starting with a series of reciprocal acts between organisational actors that, over time, leads to trust and respect. Barclay’s maintains a subordinate population and middle management population that has a high turnover rate in which long-term, effective relationships are difficult to develop as employees and managers defect to other financial institutions for better career development. A highly centralised organisation, Barclay’s leaders utilise an autocratic management style in which policy-makers are bureaucratic and executives dictate both policy and punishments for non-compliance to ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Analyse how organisational culture creates complexity of management Essay”, n.d.)
Analyse how organisational culture creates complexity of management Essay. Retrieved from https://studentshare.org/management/1460078-analyse-how-organisational-culture-creates
(Analyse How Organisational Culture Creates Complexity of Management Essay)
Analyse How Organisational Culture Creates Complexity of Management Essay. https://studentshare.org/management/1460078-analyse-how-organisational-culture-creates.
“Analyse How Organisational Culture Creates Complexity of Management Essay”, n.d. https://studentshare.org/management/1460078-analyse-how-organisational-culture-creates.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Complexity Theory Dominates The Narrative In Strategy Today
Any organisation cannot remain ‘static’ and has to keep on evolving, changing and updating its strategies and functioning, based on various factors in its external environment.
12 Pages(3000 words)Essay
Organisational Culture & International Management
...........................5 1.1 Aims of Study...................................................................................5 1.2 Objectives ….....................................................................................5 2.0 Organisational Culture.
14 Pages(3500 words)Essay
Management and Organisational Culture
McDowell concisely sums up Fordism and Post-Fordism in her work 'Life without the Father and The Ford', condensing the Fordist-post-Fordist debates in four sections of analysis. These levels of analysis are 1. the labour process, 2. the accumulation regime, 3.
13 Pages(3250 words)Essay
Organisational culture, management and control
non, it percolates deeply at all levels of the organisation, making its presence felt from the moment an employee joins as a trainee. It comes by almost as intuition, that the ini- tial experiences of an employee in any organisation are shadowed by the word "caution", as in "seeking clues to adapt to the cultures, norms and values" (Fineman p.13) of the workplace, a continuous, image-conscious, perceptual mapping that eventually, leads to assimilation, thus with the addition of each new member in its fold, an organisation's culture tends to align itself in the direction of stability and daily ro
6 Pages(1500 words)Essay
Explain how human resource management techniques can be a major resource in the management of organisational culture
The company has stood the test of time and has managed to turn out convincing products that have given it an image of innovation and being a radical organisation. Even a cursory
10 Pages(2500 words)Essay
How does paid employment affect your identity Your answer should include discussion of theory and concepts covered in Term 1 of BEM2004
The issue of paid employment is very much vital or important towards the employees particularly as a source of income. Work is also important to the employees as a means of identity. The relationship employment is very important not only in terms of
8 Pages(2000 words)Essay
Final Op-Ed Essay
have followed the recommendations by passing laws intended to respect the rights on individuals while putting into place mechanisms that effectively respond to health emergencies. It would be impractical for the federal government to mandate all citizens be immunized in the same
2 Pages(500 words)Essay
ORGANISATIONAL POLITICS, CULTURE AND MANAGEMENT
Weihrich, Cannice and Koontz (2010: 4) define management as “the process of designing and maintaining an environment in which individuals, work together in groups, efficiently
9 Pages(2250 words)Essay
Strategic Management: Organisational Culture

The researcher states that culture is a dynamic phenomenon and a coercive background that has a multiplicity of ways of influencing organisations. Culture is a creation of human interactions with each other, and it serves to shape their behaviours. Culture supplies individuals with language, and language provides meaning in their day-to-day lives.

12 Pages(3000 words)Essay
Cross culture and human resource management 03015
In the words of Borofsky (2007) as the concept of globalization started getting accepted by the firms and multinational organizations began to increase, the impact of cultural factors on the business decisions started showing themselves. Deal and
16 Pages(4000 words)Essay
Let us find you another Essay on topic Analyse how organisational culture creates complexity of management for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us