PROBLEM STATEMENT
Paul Nsar, a major(postnominal) managing director in Capital foodstuff go at Morgan Stanley, has to decided whether to promote Rob rector, producer at Morgan Stanley or not, knowing that not promoting him would mean losing a blue-chip employee and create en empty position in a very critical area within the firm.
ANALYSIS
Rob subgenus Pastor is a star producer in the Capital Market Services Department who had been recruited from a competitor two historic period ago and had generated considerable revenues since joining the firm (rankings from 10 to 3 and market share increase from 2 to 12,5%). However, Parsons success at generating business was offset by damaging functioning reviews from internal coworkers. Morgan Stanley was in the middle of an organizational novelty and the environment was that of teamwork and innovation, building consensus and treating employees with dignity and respect. Parson started working in this environment with the purpose of improving the Capital Markets division only if did not care about the companys values. He violated many of Morgan Stanleys norms and culture and built a hostile environment around him.
The position that Nsar, a senior managing director in Capital Market Services, needed to modify was difficult to perform and had a very high overturn rate. He thought that soulfulness was the perfect person to aim the position. Person accepted the job with the understanding that there was authorization for growth. During the interview, Nsar implicitly promised Person a promotion to managing director. But Person was also concerned about the cultural diversity that he would experience due to his management style and personality characteristics. Parson is interested in his own opinions rather than those of others.
To assess performance among its employees, Morgan Stanley created a 360-degree performance evaluation system that allows an employee to be evaluated by superiors, subordinates and peers. After Robs last...If you want to get a full essay, order it on our website: Orderessay
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