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Essay / Rob Parson at Morgan Stanley: Case Analysis
Table of ContentsSituation AnalysisProblem StatementViews and AnalysisAlternative SolutionsSituation AnalysisThe case concerns a young banker named Rob Parson, who has been hired for a very challenging job as a banking professional. market coverage by Paul Nasr, a senior managing director of capital market services at Morgan Stanley for his exceptional performance and energetic attitude. Nasr promised to promote him to the position of general manager. Rob Parson did very well and with his efforts he pushed Morgan Stanley from 10th to 3rd position in a very short span of time. Through his efforts, he increased the market share from 2% to 12.5%, which is a testament to his outstanding and influential performance. Unfortunately, Rob Parson failed to establish good relationships with his peers and colleagues, which was of great importance to the firm. At Morgan Stanley, teamwork was much more important than individual work and employees were not allowed to break company rules to achieve a particular goal. In this situation, Rob Parson broke too many eggs to achieve his goals and objectives, which greatly affected his relationships with his peers and colleagues. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay Rob Parson's performance evaluation is ongoing and it has become difficult for Paul Nasr to promote Rob Parson due to many negative views. At Morgan Stanley, a 360-degree performance appraisal process was implemented in which professionals were evaluated by superiors, colleagues and subordinates. However, Rob Parson was very successful in attracting clients to the firm, but he had poor relationships with his colleagues and subordinates and everyone made negative comments during his performance review. Rob Parson's activities and qualities are not aligned with the mission and culture of the organization. During the self-assessment exercise, he admitted that he was not completely suited to the organizations culture and that it would take some time for him to fully adapt. Thinking seriously about all these points, it is about what is critical for the organization, its company, the mission and the qualities it has set for itself or the ephemeral profit linked to money. Problem StatementPaul Nasr must make the decision to recommend Rob Parson for promotion. to the position of general manager. If so, what would be the implications of this decision for the overall policies of the organization? If not, what would be Rob Parson's reaction, it is possible that Morgan Stanley loses such a competent and successful actor. The main problem for Paul Nasr was to make a fair decision while dealing sophisticatedly with Rob Parson so that he could understand his point of view. The root cause of the problem was the difference between Rob Parson's thoughts and the company's corporate culture. He does not show respect to his colleagues, has no ability to cooperate and does not consider the importance of employee development, because he believes that he is the sharpest of all of them. Parsons' fundamental vision was, through his magnificent execution in capital market services, to create excellent results and establish a strong and long-term association with his clients and those of the organization and he does the work efficiently. It's possible that Rob Parson is a victim of self-sabotage, where people unconsciously underestimate themselves due to the difficult nature of their jobs or other reasons. Aggressive feedback”.