Case Study Of Hewlett Packard And Morgan Stanley

The future business environment will encompass extraordinarily complex problems and issues. Human resource managers will need to plan and implement sound strategies to meet these challenges, placing particular attention on ethics, technologies, and regulations. In addition to a consideration of these emerging challenges, case studies of Hewlett Packard and Morgan Stanley can help to understand how firms are reacting to them today. The problem of ethics relates to employee privacy. As work and personal life increasingly intertwine, companies will confront the moral question of the extent to which to monitor employees while in and out of the work environment . For example, as employers and employees use more mobile communication devices, companies …show more content…
Hewlett Packard has responded well to the radical, sometimes sudden, shifts in technology – unsurprising, given the nature of its business – as well as in regulations. Particularly in terms of regulation, the company has invested in an entire group of its human resource department that works with training and legal teams to comply with all state and federal regulations. However, in terms of ethics, the company has a long way to go. For example, the company has faced litigation due to its policies and practices regarding employee privacy . A recent review of employee litigation suggested that the primary cause of action was an ineffective privacy policy not fully understood by employees within the …show more content…
With the financial crisis still fresh in our minds, the implementation of many new financial regulatory changes that the United States government has placed on financial service organizations needs to be addressed. Mainly, its human resource department must ensure that ethical guidelines are communicated to the employees and that all required training is fully understood and implemented. Even a simple mistake could create another financial debacle in which its operations within the market could halt as a result of not fully abiding by all regulatory standards . As these case studies illustrate, companies face a complex set of challenges that leave ample room for improvement. Hewlett Packard will need to review its existing ethical policies regarding privacy and ensure that they are within legal bounds in terms of the information they gather on employees. Likewise, Morgan Stanley must promote an oversight panel within its human resource department as a function of reviewing its compliance. They must do so at a macro level before delving into the means to train employees in order to address potential oversights that may exist within the