Bank Of America Essay

Bank of America Corporation

Presented is a narrated PowerPoint presentation that focuses on extensive research, critical thinking, and objective analysis of organizational behavior, culture, climate, and business ethics at the Bank of America. Organizational behavior examines human behavior in a corporate setting. Examples of human behavior in an organization include employee attitudes and feelings about their job, colleagues, as well as managers. Also, company commitment and emotions in the workplace that are typically dictated by culture, society, values, morals, ethics, and genetics.

Organizational culture and climate are related in that they focus on shared values and principles in a corporate setting. Nevertheless, organizational climate

These tools help anticipate and structure the organization’s positive culture and climate. A key factor at the BOA is performance management. The bank’s underlying theory regarding performance management is that employees who perform well are rewarded. Employees are compensated during the performance cycle, based on consistent coaching and feedback from supervisors on a merit promotion system that evaluates their progress. This reward system is valuable and allows competitive advantage when a company treats their employees like valuable clients.

Environment and motivation are two important factors that the BOA uses to increase employee performance. The BOA is passionate about the growth of their employees. The bank’s focus on a diverse and an evolving network of talent is one of the company’s greatest strengths. The corporate giant is driven by performance and operational excellence which is emphasized by their Pay-for-Performance system. Thus, the bank remains true to its philosophy of helping employees grow in their careers through an Internal Job Posting and the Employee Referral