Discuss the steps for a new committee

Assignment Help Business Management
Reference no: EM132177691

Answer the following questions based off case below.

You have been recently named the new president of Omni Bank, a medium sized but rapidly growing suburban bank that meets the needs of individuals and small businesses in the Houston, Texas area. During the interview process, you were informed that Omni Bank is planning to expand operations globally. Within the next 5-10 years, you will be charged with diversifying Omni Bank's business services and growing into international markets. During your interview you observed that, beyond the front office teller level, the more senior workforce at the bank is very homogenous - mostly male and predominantly Caucasian. You have reviewed several marketing studies that profile your customer base and you realize that you not only have many customers of different ethnicities but also have a large number of international customers. In addition, you have a large number of "starter" accounts for students in high school who will soon move on to college - and may take their business with them if the bank does not meet their remote banking needs. During your third week, you are notified of an executive level complaint filed by a local business owner, Mr. Shar Patel, who has been a customer of Omni Bank for the past 12 years. Mr. Patel owns a chain of Indian inspired fast-food restaurants in the Houston area and has both business and personal accounts with Omni Bank. While visiting one of the branches of Omni Bank. Mr. Patel believes that he was unjustly harassed and racially profiled by several Omni Bank security officers. Immediately, you call a meeting with your executive team to discuss Mr. Patel's complaints. During the meeting Andrew Smith, VP of Asset Protection & Security, is quite vocal and states that Mr. Patel is overacting. He goes on to say, "they (referring to those of Indian descent) should be happy to be in our country." Quickly, you express your discontent with Mr. Smith's comments and advise the executive team that these types of callous statements will no longer be tolerated. As the new president, you decide it is important to launch a comprehensive effort to improve both the diversity of the employees at the bank and the diversity with which it interacts with its customers, community, and business partners. You value diversity and believe that broadening your base and social networks as the bank grows will benefit everyone involved. More importantly, you want to immediately address the complaint filed by Mr. Patel. You decide to form a committee to jump-start your efforts to increase cultural awareness and diversity at the bank. This committee will be tasked with increasing and improving cultural awareness and diversity among employees, improving customer relationships, and building partnerships within the community. 

1. Discuss how you plan to immediately address Mr. Patel's complaint that he was harassed and racially profiled by Omni Bank security officers? 

2. Discuss the steps for a new committee. Consider who will serve on the committee. How do you plan to communicate your vision for the new committee to employees, customers, and the community? 

3. As the new president and leader of Omni Bank, you should expect resistance from current employees who are not open to change. Discuss how you plan to address this resistance.

Reference no: EM132177691

Questions Cloud

What may be the vision and characteristics of the real world : When considering current emerging technologies, what may be the vision andcharacteristics of the real world C2C e-commerce marketspace in 2020?
Define incorporate principle and concept from belmont report : Conclusion - this section should also incorporate principles and concepts from the Belmont Report that apply to Narcolepsy with Cataplexy.
How is the streaming industry evolving : How is the streaming industry evolving? What will it look like in 5 years? In 10 years? In 20 years? What needs to happen for this future to evolve?
What can you do to prepare yourself for competing in a flat : With India and China as the top business process outsourcing countries in the world, what can you do to prepare yourself for competing in a flat world?
Discuss the steps for a new committee : Discuss the steps for a new committee. Consider who will serve on the committee. How do you plan to communicate your vision for the new committee
Prepare the general journal entires august replenishment : Use this information to prepare, the general journal entires (compound entry when requried& without explanations) for: August 31 - replenishment
How well did you do at meeting your goals : What were your original or revised goals for this internship? How well did you do at meeting your goals?
What challenges and considerations about branding abroad : Explain what challenges and considerations about branding abroad factored into the decision and which factors are not as important and why.
Explain the need to communicate the goals of benchmarks : Additionally, discuss the need to communicate the goals of benchmarks with the decision-makers of the organization. In your opinion, why is it so important.

Reviews

Write a Review

Business Management Questions & Answers

  Write an improved mission statement for the company

Write an improved mission statement for the company that meets the characteristics summarized in your textbook. Please write for Netflix.

  Background of the field to lightgreen

Validate that the user age field is between 18 and 100. If valid, set the background of the field to LightGreen and assign true to userNameValid.

  Illustrate what information should an employer comprise

Based on your reading of the major EEO laws, illustrate what information should an employer comprise in personnel policies and procedures manual given to all employees?

  Organization with the vision of the organization

How is it that a persons "mental map" impacts the ability of a leader to align the organization with the vision of the organization.

  Amendment to deny children

Congress should consider changing the 14th Amendment to deny children born in the U.S. automatic citizenship if a parent is an illegal immigrant in the U.S.

  Define strategic groups and explain their influence firm

Define strategic groups and explain their influence on a organization. No more than 2 or 3 paragraphs needed. Just enough to get the point across and make sense.

  Multidivisional structurea explain what types of

multidivisional structurea. explain what types of organizations use a multidivisional structure? give an example.b. why

  Elements of an effective risk management program

Describe the important components and elements of an effective risk management program in a healthcare setting.

  Performance problem in a business activity

Individual Project Activity 1. Identify or select a performance problem in a business activity that you believe could be resolved or substantially improved by the acquisition of IT services performed by a contractor selected in open competition as..

  Give an introductory background on your organization

Give an introductory background on your organization. Research the direction of monetary policy over the last 3-5 years. Describe the impact of these monetary policies on your team's selected organization

  Explain the appropriate information in the cells for article

After locating and reading the empirical articles, explain the appropriate information in the cells for the Article 1, Article 2, and Article 3 columns.

  Calculate the cash conversion cycle of xyz

Calculate the cash conversion cycle (CCC) of XYZ - What is the interpretation of a negative CCC? What should XYZ do to compete better with Amazon?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd