ORGS 2010 Study Guide - Midterm Guide: Railways Act 1921
Document Summary
Alignment systems reward systems that underpaid mortgage traders relative to the value of their expertise to the firm, so that left many for better offers. Creation of the office of the chairman that removed ranieri to a role for which his skills weren"t well-suited. Separation of ranieri from his guys loss of a powerful leader. Weakening of the strong subculture of the department by moving in traders from other departments and transferring out strong cultural leaders. If you are new to the company, you are at the bottom. It does not matter about your qualifications; to those employees who are currently working there, they are above you in the power ranking. If you are new, then you become a servant for the current employees. They will ask you to get them a drink or a sandwich, and you have to do it because it is the culture inside the company.