• John Meyer, the team manager of a large investment bank, approaches you for advice: “Although most of the investment bankers in my team perform satisfactorily, I noticed one particular investment banker who keeps on underperforming. Specifically, he continuously fails to meet the financial targets that I set him and thus does not receive any bonus payments, as a consequence of not meeting the financial targets. Also, he does not seem to put in the effort into his work that all of his colleagues put in and he often arrives late for work. How can I help this investment banker to perform as well as his other team members do?” Drawing on theories and empirical evidence, discuss how John may seek to improve the performance of this under-performing investment banker. (You can make sensible assumptions provided they are explicitly stated).

 

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Improving the performance of an underperforming investment banker requires a multifaceted approach that addresses both the individuals motivation and ... View the full answer