Management: Hostile Relationship Between Bankers and Remote Indigenous Communities in Australia
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This presentation discusses the ethical issues in the hostile relationship between bankers and remote indigenous communities in Australia, with a focus on Westpac. It covers the case outline, ethical issues, morality of the protagonists' action, and more.
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MANAGEMENT: HOSTILE RELATIONSHIP BETWEEN BANKERS AND REMOTE INDIGENOUS COMMUNITIES IN AUSTRALIA
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Introduction Ethics is an important segment of the workplace behaviour. Ethics shape the behaviour of the employees, supporting in the formation of their professional approach. The managers are entrusted with the responsibility of guiding the behaviour of the employees towards the workplace operations.
Contd….. Proper guidance helps the employees to be courteous while dealing with the needs, demands and requirements of the clients and the customers Courteous approach is crucial in terms of attracting customers in a large scale This presentation takes up the issue of hostile relationship between the bankers and the indigenous communities in Westpac
Outline of the case High levels of unemployment, poor job prospects, high rates of preventable diseases, low education involvement and substance abuse adds to the complexities of the inhabitants in the remote Cape York region. Westpac operates the Cape for almost a decade, catering to over 10 million customers. Hard efforts of 37000 employees helps in conducting the commercial banking operations in an efficient and effective manner
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Contd… 1980 was the era when Westpac encountered financial difficulties, stalling the productivity Low employee morale and customer satisfaction is an addition to the complexities towards the stalled productivity Inappropriate results in meeting the community expectations degrades the corporate social responsibility for Westpac Association with the indigenous banks was an initiative towards enhancing the scale of understanding for the employees regarding the maintenance of workplace ethics. The focus was on developing initiatives for enhancing the welfare of the Aboriginal people
Ethical issues from the case Lackadaisical approach towards community wellbeing in case of the officials contradicts the aspect of organizational behaviour On the contrary, joint venture with the Indigenous Working Groups and senior leaders reflects an initiative towards upgrading the standards and living for the community people Philanthropic mind set resulted in extensive dialogues with the communities for developing strategies in terms of ensuring radical transformation in their standards of living
Contd…. Secondees pay visit to Cape for providing assistance and aid to the local communities Recruitment is done through intensified and critical hypothesis for regulating the focus of the employees on the attitude and aptitude needed for performing the activities Challenges are also evident in providing a life changing experience to the employees regarding the cultural understanding and its sensitivity
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Why are these ethical issues? When Westpac indulges in the task of ensuring community wellbeing, the approach needs to be ethical, as it involves the matter of self respect Absence of ethical approach in the initiatives reflect gaming mentality with the survival strategies of the community people As the people in the Cape York region suffer from inadequacies, this negligence adds an interrogative parameter into their existence Financial difficulties is an addition to the complexities in terms of fulfilling the basic survival needs of the community people However, the motive was to ensure the wellbeing of the community, absence of strategic planning yielded negative results This negativity indicated towards the issues of customer and employee turnover, which Westpac could have encountered if the initiatives of revision in the recruitment and selection and management programs were not undertaken
Morality of the protagonists’ action Extensive dialogues with the community people is a wise approach in terms of improving the stability in the professional relationship Revision in the recruitment and selection policies reflects the initiatives towards building up effective teams, holding flexibility towards catering to the needs of the community people Pre-reading activities enhances the awareness of the secondees on establishing stable communication with the Aboriginal people
Contd… Training programs have been developed for the secondees, which is an initiative towards enhancing the family business through effective management. Typical components of this training program include Individual Budgeting Skill and Business facilitation The training programs prepare the employees for adjusting within the workplace environment Through the training programs, the employees of Westpac attain prospective placement opportunities within one and 12 months Short term investments lay strong foundation for individual line managers in terms of replacing the employees Joint venture with IEP assists in yielding proper results through longer term investments. This is through the means of strategic planning
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Conclusion Financial instabilities aggravate the complexities of companies in terms of fulfilling the specific needs, demands and requirements of clients and customers Community wellbeing is an important aspect in the business of Westpac. They specially focus on the upliftment of Cape York region Programs like revisions in the recruitment and selection policies is an initiative towards building a team of members, holding the flexibility to perform the tasks in such a manner in which the productivity can be enhanced Training programs are essential in terms of assessing the capability of the Westpac employee towards making practical application of the learnt skills towards performing the allocated duties and responsibilities Assessment of the skills, abilities and competencies is assistance in terms of offering them placement, which would enhance their professional skills Providing cultural understanding to the employees can be difficult, however, consideration of Ethical Code of Conduct is necessary in terms of protecting the individual sentiments of the community people Offshore management would be productive in terms of gaining an insight into the prospective clients, whose investment can help in introducing lucrative programs for transforming the standards of living for the community people
References Black, L.,Westpac Australia and the Cape York Indigenous Partnership (2006) http://www.unglobalcompact.org/case_story/478 Ferrell, O. C. (2016). A framework for understanding organizational ethics. InBusiness ethics: New challenges for business schools and corporate leaders(pp. 15-29). Routledge. Lindebaum, D., Geddes, D., & Gabriel, Y. (2017). Moral emotions and ethics in organisations: Introduction to the special issue.Journal of Business Ethics,141(4), 645-656. Westpac.com.au(2019).About us. Retrieved 14thJan 2019 from www.westpac.com.au