Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Professional loyalty is important to business success. Linking it up with the basic ethical principles of the CASE STUDY BELOW, make a case for professional
Professional loyalty is important to business success. Linking it up with the basic ethical principles of the CASE STUDY BELOW, make a case for professional loyalty.
Mrs Yetunde Ige, the CEO of Skinnel Nigeria Limited, sat in her spacious thfloor corner office at Banana Island, staring intently at a resignation letter from Lola Aderemi, a key executive on a multimillion naira project. Lola, a competent staff, had been sent on an expensive threemonth program abroad to equip her for the technical requirements of the project, crucial for winning bigger contracts. The shock of Lola's abrupt resignation left Yetunde questioning why Lola didn't discuss her concerns despite the opendoor policy.
Reflecting on Lola's early days, Yetunde had taken a chance on her, an inexperienced MBA graduate, based on her enthusiasm and potential. Lola flourished in Skinnel, proving herself smart, willing, and quick to learn, leading to increased responsibilities and opportunities for growth. Yetunde's influence played a role in overcoming initial resistance from other executives to hire Lola.
Skinnel Nigeria Ltd operating for ten years, maintained a positive work environment, emphasizing empowerment, an opendoor policy, a relaxed atmosphere, respect for individuals, and teamwork. Employees received regular training, were recognized for contributions, and enjoyed competitive salaries, bonuses, and a sense of belonging. Yet, recent times saw Lola feeling unfulfilled and seeking higher remuneration, eventually leading to her decision to leave.
Lola, at age with family responsibilities, received a lucrative job offer requiring immediate commencement. Despite being in the midst of a crucial project, she submitted her resignation with immediate effect. Lola's departure raised concerns about the impact on the ongoing project at Skinnel.
As Lola left the office, she reflected on her decision, questioning if she had been too hasty in leaving a company that provided growth opportunities. Despite her doubts, Lola was excited about the higher salary and position offered by the new company. The fear of the unknown crept in as she wondered about the management style of her new employer and whether she had made a mistake.
This case highlights the complex dynamics between loyalty to a current employer and the allure of new opportunities, portraying the challenges individuals face when making career decisions.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started