In: Accounting
Evaluate the pep talk of the vice president of risk operations and its effect on fennie mae's culture. are there some ideas for your credo that stem from the conduct and responses of various executives at fannie mae? did Mr. Mudd carry that culture towards in his positions on risk?
Yes, as per my experience I strongly agree that pep talk will be effective the culture, which brings the people or employees at one place to share, communucate, and participate voluntarily. , when it is most effective. It helps to intigrate the people at one place to share anything freely. Once the people do this in a proper way definitely there will be a good result ,But the talk shield be most attractive, effective and efficient. Through this pep talk we can develop good working culture, working conditions, relationships, good health etc.,
Moreover, specially it helps to the organizations to improve all walk of their activities such as
1) maximum utilization of human resources
2) maximum utilization of production factors like money, machine, materials management.
3) it helps to increase organizational productivity
4) ensure quality
5) reduce wastage
6) save time
7) increase profitability
8) increase operational efficiency
9) increase market share of the organization
10) reduce total cost of production
11) increase moral values etc.,
I conclude that with out such talks in anywhere nothing is possible. So better to have such a culture to proof our self.