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
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