Standard Chartered Bank Case Study

712 Words2 Pages

Recommendation Standard Chartered Bank support flexible working hours. It is because energy efficiency and productivity can be increased by flexible working hours and it usually cause the higher employee morale and enthusiasm. But managing an employee who has a flexible working hours can be challenging according to the finding part above. First of all, Standard Chartered Bank should analysing the advantage and costs of the flex time program to decide whether flex time is viable for your business. If it is viable, evaluate the type of flex time and planning a best and suitable plan for your business. Second, determine which level of employee are most conducive to flex time program, and document the reasons to prove that they determine with …show more content…

Therefore, Standard Chartered Bank should provide multigenerational employees with educations and opportunities to learn each other such as each generation’s backgrounds, characteristics, interests, and culture. There is a good idea for creating learning program which is assigning representatives from each generation to instruct employees about generations’ history so that they will have a better understanding and accepting of intergenerational interaction. If employees have no time for programs, create some topics to discuss during the break, make some interesting flyer, or use e-mail to present knowledge. However, a fundamental training is still required for employees such as soft skill. Standard Chartered Bank should also concern about each generation’s interests when educating soft skill, whereas hard skill does not need to be considered separately for each generation since all generations have similar needs for hard skill. For example, Boomers prefer to learn skills training in their own area of expertise, while generation X and generation Y preference is leadership training. Since different training and learning preferences for different generation, Standard Chartered Bank should manage effectively how to match employees to their desired programs so that they will be able to gain full benefits on their

More about Standard Chartered Bank Case Study

Open Document