Hypothesis It is a hypothesis the primary reasons of the organization’s failure include the following: lack of leadership, lack of qualified compliance and risk management programs, inadequate control of internal legal documents and insufficient training of personnel. Research Significance and Purpose Research Significance The research on Ocwen Financial Corporation, is extremely valuable due to the difficulties the company is facing now, consequently, its necessary to expose the issues to improve profitability and gain back customers and investors’ confidence. A clear understanding of how to reverse and stop the lack of qualified compliance and risk management guidelines would not only benefit Ocwen’s customers, but also stockholders.
The main human resource issues regarding the ERP migration failure are addressed are as follows; • “Analysts expressed a variety of perspectives one of them being that the recent change in the company’s culture may not have allowed for active involvement of all employees and when problems surfaced they became substantially more difficult to overcome”. (Chaturvedi 2005) • When employees made suggestions they were ignored by upper management. One idea they had was to implement a backup system to overcome ERP system failure risks but management didn’t listen. • There was a high attrition rate. For example many vice presidents including those in the enterprise service and storage division left the company to work for rival firms.
Moreover, it also has negative impacts on social services. For example, it decreases the standard of transportation because of illegal immigrants who do not have the knowledge about the traffic rules and do not have driver’s licenses (Hook, 2002). It can increase mortality rate because of the accidences on the streets. Another fact is illegal immigrants cost U.S. governments about 1.4 billion a year on health cares (Wolf, 2008). It is a huge amount of money that U.S. has to put on illegal people instead of using it for developing the country, and it also cause lack of medical equipments and doctors because of a high number of patients.
The Schwartz Value Theory has a bipolar dimension, one including the self-enhancement sector. This indicates that individuals are in pursuit of their own interests and success over others (Kinicki & Fugate, 2018). The Paychex Client Service Center experienced a lot of individuals that strongly valued self-enhancement. Many employees were seeking growth opportunities in leadership or account management, but often times felt stuck in their current role because they could not achieve their personal goals they valued because of the high call volume. This led to a high turnover rate because employees were hoping the Client Service Center would act as a stepping stone toward a job in leadership or account management, but it was not attainable because there was no time to foster their
The cause of the unemployment situation in Vietnam - Rising unemployment due to the global economic recession: the global economic slowdown makes the plant enterprise to downscale production and even shut down due to the product result do not sold. Product quality to meet export demand is low, do not match up with the high quality of products, the countries with higher levels of development. Therefore, enterprises must cut labor leads to job loss. This is the main reason, Vietnam's economy is still heavily dependent on investment and exports should the global economy deteriorates, the Vietnamese economy greatly affected and consequently unemployment will rise high. - Youth long form thinking: with the habit of learning to "do" rather than a teacher who wants to "do", or prefer to work for the State that does not like to work for private.
Lack of foreign language proficiency in people in the transfer of capacity, and this will disrupt communication and may lead to higher costs. And dealing with unprofessional Mobil devices by moving the ramp to anyone else in the business. And stress and turnover among employees in the company, this leads to reduced job satisfaction, commitment and intentions to stay (Denisi, 1991). Also, the lack of new product development and rapid reorganization of the highlight in some difficulties of integration. Some solution to minimize these challenges.
This is to say that the benefits of globalization are not spread evenly among all countries. When one country or corporation expands its distribution into other countries, the industries of those nations must then compete not only among themselves, but with external players as well. Old industries and companies die; new ones take their place. In the process, jobs are destroyed and new ones created. As a consequence, people get frustrated and blame immigrants and international corporations due to the fact that they can 't match their competitiveness.
Men and women had unequal pay scales and workers were fired when they tried to start a union. Therefore, the student wanted licensees to agree to pay workers enough to live on and disclose the locations of all of their factories. Next, another disadvantages of globalization is local brands and businesses in poorer developing countries cannot survive. Once those international big brand started opening their outlets in the poorer countries, people are tend to purchase those branded products as they are having international image and high reputation. Local brands have not stable in the market and not enough capital and ability to compete with the international brands.
After recession the qualified candidates are more cynical and skeptical – and afraid. Therefore they are harder to attract and entice. For example, if a prime candidate is currently employed, it may take you twice as long to get his or her attention, let alone convince him or her to walk away from a secure gig to look at your opportunity. Most employed executives are keeping their heads down and their noses to the grindstone. Candidates believe venturing into the great unknown in a volatile market makes far less sense then staying in a familiar surprise-free job.
Firstly, those who are unemployed will not receive any wages, means they face money crisis. Secondly, it can lead to government costs; increase in unemployment means that they need to give unemployed people for some social welfare. On the other hand, tax revenue will decrease because there are less tax payers. The unemployment also causes to increase crime rate, homeless people and poverty. Cyclical employment has effects upon its economy in Greece for both short and long term.