Modified: 2nd May 2020 336
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Atlanta home loan case study shows that casual behaviour and approach of the staff for passing the loan documents was the main reason for the downfall and loss of the company. The documents which were cleared by the employees for their personal gains in collaboration with the loan seekers becomes the main reason why the company suffer in the later period of time. On giving meticulous attention of the case instances can be found where authorities were not interested in the evaluation of the documents and their verification to know the extreme realities once they are checked by the single employee.
Trusting the employees to an excessive state thus proves out dangerous for the Atlanta home loan. Such sort of possibilities which cause a grave loss to the financial organizations can be stopped by happening twice and thrice when a strict command is exerted on the issue by those who are given with the high level designations.
This is very crucial to check the honesty and devotion of the employees towards their organization by controlling their actions directly and indirectly by the people of supreme level of the hierarchy in financial organizations like Atlanta home loan. This was missing in the given cases and that is why it becomes the victim of the things happened to it. Such situations can be avoided in the future from happening by keeping a strong knot on the actions of those who are in lower and upper strata of the company. If direct and indirect control on the activities of the employees will not be taken by the owner then it is very hard to stop such things from getting repeated again and again. Taking tough decisions to save the financial organizations from frauds and dishonesty of passing documents is important, on the part of those who are getting affected by the loss of the Finances.
On the serious execution of the research by the best researchers on the provided case it has been deduced about the Atlanta home loan case study that there was no one who is responsible to examine the loan documents for the second time and once they pass through the basic verification by the corrupt employees, loan was given to the loan seekers easily. The foundation of any such company must be build on the firm grounds to make it strong for saving from getting collapse by the cheating and dishonesty of handful of people.
This process of loss to the financial intermediaries due to the corruption of their employees must be stopped at its early in the reputed organizations like Atlanta home loan so that other companies also get some clue about checking such things from happening. The people who are taking loans illegally must be covered by the strict law which punish them to commit such crimes openly. The actions that has been taken to control such instances in the with Atlanta home loan are also full of loopholes and can be cracked by the culprits in coming years. That is why having regular watch and keeping eye on the activities of loan documents passed on different days along with their re- checking is really crucial.
Supervisors and a team of investigation officers can be framed for this purpose by the Atlanta home loans as well. This can save the company from the loss it has experienced earlier due to the ill behaviour of its Human Resources. Strict rules must be there for the people involved in the mire of corruption which is putting the company at loss by cutting their salary and other allowances. Such employees must be blacklisted from the company so that they cannot make it possible to join any other firm after you get them fired.
The conclusion of the case study for Atlanta home loan reaches to the inference that a company cannot put every responsibility on the employees. It is very crucial to manage the administration and human resources so that they do not put any harm to the organization. This study shows the mismanagement of the administration and freedom to employees for taking independent decisions and resulted in the loss. If everything has been managed by the administration with utmost care in Atlanta home loan case the scenario would have been different.
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