Reference no: EM131408505
CASE: A Case of Burnout
When Mahesh joined XYZ Bank (private sector) in 1985, he had one clear goal-to prove his mettle. He did prove himself and has been promoted five times since his entry into the bank. Compared to others, his progress has been fastest. Currently, his job demands that Mahesh should work 10 hours a day with practically no holidays. At least two day in a week, Mahesh is required to travel.
Peers and subordinates at the bank have appreciation for Mahesh. They don't grudge the ascension achieved by Mahesh, though there are some who wish they too had been promoted as well.
The post of General Manager fell vacant. One should work as GM for a couple of years if he were to climb up to the top of the ladder, Mahesh applied for the post along with others in the bank. The Chairman assured Mahesh that the post would be his.
A sudden development took place which almost wrecked Mahesh's chances. The bank has the practice of subjecting all its executives to medical check-up once in a year. The medical reports go straight to the Chairman who would initiate remedials where necessary. Though Mahesh was only 35, he too, was required to undergo the test.
The Chairman of the bank received a copy of Mahesh's physical examination results, along with a note from the doctor. The note explained that Mahesh was seriously overworked, and recommended that he be given an immediate four-week vacation. The doctor also recommended that Mahesh's workload must be reduced and he must take physical exercise every day. The note warned that if Mahesh did not care for advice, he would be in for heart trouble in another six months.
After reading the doctor's note, the Chairman sat back in his chair, and started brooding over. Three issues were uppermost in his mind-(i) How would Mahesh take this news? (ii) How many others do have similar fitness problems? (iii) Since the environment in the bank helps create the problem, what could he do to alleviate it? The idea of holding a stress-management programme flashed in his mind and suddenly he instructed his secretary to set up a meeting with the doctor and some key staff members, at the earliest.
Question:
1) If the news is broken to Mahesh, how would he react?
2) If you were giving advice to the Chairman on this matter, what would you recommend?
|
What are the implications for financial statement users
: Billionaire investor Warren Buffett was once quoted in the Financial Post saying: "The reaction of weak management to weak operations is often weak accounting."
|
|
Case on crisis blown over
: It was a festive day for all the 700-plus employees. Festoons were strung all over, banners were put up; banana trunks and leaves adorned the factory gate, instead of the usual red flags; and loud speakers were blaring Kannada songs. It was day th..
|
|
Pick one ethnographic anecdote from the first chapters
: Pick one ethnographic anecdote from the first 3 chapters of Homegirls, and briefly discuss it from the perspective of social constraints on the identity/ies of the participant(s) and from the perspective of the negotiation of identity by one or mo..
|
|
Whose side are you on anyway
: It was past 4 pm and Purushottam Mahesh was still at his shopfloor office. The small but elegant office was a perk he was entitled to after he had been nominated to the board of Horizon Industries (P) Ltd., as workman-director six months ago. His ..
|
|
Case of burnout
: When Mahesh joined XYZ Bank (private sector) in 1985, he had one clear goal-to prove his mettle. He did prove himself and has been promoted five times since his entry into the bank. Compared to others, his progress has been fastest. Currently, his..
|
|
What is a consensus forecast
: What strategies can companies use to help meet or beat the forecasts, and why might those who analyze financial statements be concerned?
|
|
What factors would increase or decrease price-to-book ratio
: Discuss why book value and market value are not the same. What factors would increase or decrease the price-to-book ratio? How could the nature of the business or the health of the economy affect the ratio?
|
|
Communicate the job analysis process
: In regards to the job analysis process whose responsibility is it to ensure a clear communication plan is implemented? Who in the HR department should communicate the job analysis process and why
|
|
What is the preferred action in given context
: If the production of widgets is expected to continue for at least three years, what is the preferred action?- Do not replace the machine- Replace the existing machine with a new machine costing $50,000.
|