Analyze the material in the article using concepts and frameworks. Not all the c

Question

Analyze the material in the article using concepts and frameworks. Not all the concepts need to be included but ensure that at least one or two are include in your material. Should be no more than 3-5 pages. Concepts to include:

1. Organizations and Organization Theory 2. Strategy, Organization Design, and Effectiveness 3. Fundamentals of Organization Structure 4. The External Environment 5. Interorganizational Relationships 6. Designing Organizations for the International Environment 7. Manufacturing and Service Technologies 8. Using Information Technology for Control and Coordination 9. Organization Size, Life Cycle, and Decline 10. Organization Culture and Ethical Values 11. Innovation and Change 12. Decision-Making Processes 13. Conflict, Power, and Politics

Wells Fargo Is Investigating Bankers' Alleged Expense Violations Wells Fargo & Co. is investigating employees in its investment bank for alleged violations of its expense policy after they tried to get the company to pay for ineligible evening meals. The lender has already fired or suspended more than a dozen staff members for allegedly doctoring receipts to allow them to expense the meals, the Wall Street Journal reported earlier Thursday, citing people familiar with the matter it didn’t identify. “We became aware that certain Wells Fargo Securities team members were not complying with the after-hours meals reimbursement policies after they were brought to the attention of our leaders by concerned team members,” Jessica Ong, a spokeswoman for Wells Fargo, said in an email to Bloomberg. “We took action to address the issue and we continue to investigate the matter.” Investment bankers allegedly doctored the time of emailed receipts to qualify the purchases for reimbursement from the bank, the Journal reported. The latest revelation of misconduct at Wells Fargo comes as the San Francisco-based bank tries to overhaul its internal culture after two years of lawsuits, investigations and fines that have taken a toll on the firm’s reputation, business and relations with regulators. Scandals began erupting in 2016 when regulators said the bank had opened millions of accounts without customers’ permission. Chief Executive Officer Tim Sloan has said the company is committed to making the changes necessary to shore up operational and compliance risk. Earlier this year, Wells Fargo launched an ad campaign, “Re-Established,” with the aim of assuring the public that it’s committed to fixing its problems and righting the ship. Wells Fargo has been dealing with a Federal Reserve-imposed growth ban requiring it to clean up its act to the regulator’s satisfaction before the bank can increase assets beyond their end-of-2017 level. Since the order -- Janet Yellen’s final act as the Fed’s chair -- took effect, the list of the bank’s lapses has grown to include unnecessary foreclosures and a U.S. inquiry into its purchase of low-income housing tax credits.

Explanation / Answer

Wells Fargo has a very large operational structure which directly decrease the overall chances of providing adequate information and training to its employees. Wells Fargo is very well known for less effective training programs as employees are inefficient in that most of the operation structure. This gap produces the overall effectiveness of the Wells Fargo specific market segment and also reduces the impact of operation of the bank in International as well as national markets.
Diversity is world most important factor that Wells Fargo have to improve. Wells Fargo has very light diversity in clusion which have to be increased by use margin as it is the requirement of today. By having implementation of the opportunities, increment in diversity would provide better understanding of the international markets as well as different cultures which would benefit the organisation by a huge margin . Implementation of a diversity maintenance program inside the organisation would also increase the impact of different services which are carried out by Wells Fargo in operating environment. Availability of multiple factors including reducing the gap between service provision and electronic implementation of the data is also one of the most essential factors that wellsfargo should follow to improve its service towards the customers.
All of these jobs can be easily mitigated while focusing on creating new strategy for the organisation as the previous strategy is based on old ethics and code of conduct. Implementation of a strong code of conduct as well as maintenance of high quality standard in service provision while implementing electronic record systems in the organisation, fargo can easily develop competitive advantage in the international as well as the national market with other banks.

Wells Fargo have been largely involved in blunder which is directly against the ethical business but it has been turning the business into the ethical business while running this is specific use Blender. Foreign specific example Wells Fargo avoided specific pitfalls as well as other risk investment that directly plagued bad banks in 2008 and 2009.
Wells Fargo is very well known for developing a strategy for Cross selling. Cross selling can be defined as a customer who used specifically one service to use there other services. Wells Fargo have been ethically decide to tell its customer about their services and made it mandatory into the branches.
Wells Fargo also provided incentives to their employees to support the specific program and to increase overall level of effort put in by the employees for succeeding in cross-selling. This is specific term was misused by employees and they developed fake account by using the existing Wells Fargo customer. Most of the customers were not aware of the specific things and they ended up paying huge amounts to the company.
Overcoming this is specific problems company has shown unethical example to the society by firing 5300 employees and also firing the CEO John stumpf.
Wells Fargo abundantly involved in this is a specific mistake and does not acknowledge the specific problem very soon because it have an inadequately strong strategy which is not capable of analysing the specific situation. Wells Fargo have been teaching a clear lesson to other companies for maintaining a clear and transparent profile structure while maintaining the overall strategic implementation and duration of the specific field.
By creating an ethical culture inside an organisation these specific problems can be avoided and Wells Fargo teachers are to be fair and ethical towards the job by firing the large amount of employees. My having inability to easily understand as well as determine the specific problem and analyse the situation would definitely increase the overall level of implementation towards the organisation in the specific terms.
Pay for performance ethics are directly implemented into the organisation of Wells Fargo which field by a huge margin but this show how well this specific program work and if this program is properly curated then it would definitely create a difference in the society as well as the organisational segment in which the company is dealing in.

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