Reference no: EM131094951
Mini Case
Mysterious Terminations
Multi Global Finance and Insurance Corporation (MGFIC) was, by all accounts, a model insurance company. profits were strong and had been for several years in a row. the company carried the highest ratings in its industry , and it had recently been voted one of the top 100 companies to work for in the Philippines in recognition of its "very employee-focused work environment". MGFIC offers very generous benefits: free lunches in the cafeteria, on-site daycare facilities, and even free starbucks coffee in the employee break rooms. in an industry that was still struggling with the massive claims after a succession of typhoons and floods in the Philippines, MGFIC was financially stable and positioned to become one of the major insurance companies in the country.
So, why were the CEO, Juan Paderez, the CFO, Lydia Sanchez, and the COO, Jose Aquino, all fired on the same day with no explanation other than the terminations were related to issues of conduct?
Questions:
1. Who would most likely have intervened to terminate the senior team over issues of conduct?
2. Give some examples of the kind of ethical misconduct that could have led to the termination of the entire senior leadership of MGFIC.
3. Was it good idea to fire them all at the same time with no detailed explanation?
4. How are the stakeholders of MGFIC likely to react to this news? Explain.
|
Discuss about chikungunya virus and cyclospora cayetanensis
: Discuss about Chikungunya Virus, Cyclospora cayetanensis, Dengue Virus, Ebola Virus, Haemophilus influenzae, Helicobacter pylori and Herpes Simplex Virus.
|
|
What has organization done to gain and sustain advantage
: What personal knowledge management tools does this organization utilize? What steps has this organization taken in securing their information and knowledge? What has this organization done to gain and sustain an advantage over their competitors?
|
|
Utilization management and models of care
: Health care providers and other interested parties must continuously look for ways to manage limited resources while improving quality and promoting patient safety.
|
|
Monetary policy and fiscal policy often change at same time
: Suppose that the government wants to raise investment but keep output constant. In the IS–LM model, what mix of monetary and fiscal policy will achieve this goal? In the early 1980s, the U.S. government cut taxes and ran a budget deficit while the Fe..
|
|
Termination of the entire senior leadership of mgfic
: Multi Global Finance and Insurance Corporation (MGFIC) was, by all accounts, a model insurance company. profits were strong and had been for several years in a row. the company carried the highest ratings in its industry , and it had recently been..
|
|
How does the impact on equilibrium prices and quantity
: The price consumers pay has (declined or risen ) to ($12, $14,$8 or $10) . The price producers receive has ( risen or declined) to ($12,$14,$8, or $10). How does the impact on equilibrium prices (paid by consumers and received by producers) and quant..
|
|
Create a research proposal on hospital management
: Hospital Management System manage administrative process within the hospital.This project provides the feature for storing , updating and retrieving the information through various menu driven module.
|
|
List four stages involved in providing hospitality service
: List the four stages involved in providing and coordinating hospitality service. The tasks that you require to be completed are listed in the template provided here. Decide which people or person would be best suited to the task. Note: You will be ..
|
|
Optimal package size and optimal package price
: The American Baker’s Association reports that annual sales of bakery goods last year rose 15 percent, driven by a 50 percent increase in the demand for bran muffins. Most of the increase was attributed to a report that diets rich in bran help prevent..
|