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All Journal Khatulistiwa: Journal of Islamic Studies International Journal of Financial, Accounting, and Management
Khan, MD. Rahat
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Religion Decision Sciences, Operations Research & Management Social Sciences

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Managing Workforce Diversity in Organization: A Case Study on Aetna Health Care Service Khan, MD. Rahat; Shobikah, Nanik; Kaium, Mohammad Abdul
Khatulistiwa Vol 10, No 1 (2020)
Publisher : The Pontianak State Institute of Islamic Studies

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24260/khatulistiwa.v10i1.1693

Abstract

The impact of globalization is nothing new to the business firms. In the last few decades globalization has changed the business strategies of the companies. The current case study has tried to evaluate the Aetna’s diversity approaches named ‘The Aetna Way’ policy along with its complexity of implementation in people management issues. The report is categorized as follows. The first part of the report has discussed about the background of investigation. The following part has analyzed some closely related literatures related to the context. This past basically narrate the theme of recruitment and retention policy along with talent management process and its significance for the company. The third part of the case has assessed the Aetna’s recruitment and retention policies and then tried to compare the Aetna’s policies with close competitors’ and top performing companies’. This part also evaluates Aetna talent management process and policies and also compare with the competitors. After that in fourth part, the study points some recommendations with justification. The study has recommended the Aetna, to change the traditional recruitment policy and give more concentration on employee retention rate. Technology driven talent management practices should be the time worthy policy of the Aetna. Focusing more on LAMP and MCC frameworks would enhance the effectiveness and efficiency in recruitment, retention, and talent management policies for the Aetna.
Ethical business practice and short term earning intensity during the Covid-19 crisis in Bangladesh Khan, Md. Rahat
International Journal of Financial, Accounting, and Management Vol. 2 No. 2 (2020): September
Publisher : Goodwood Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/ijfam.v2i2.167

Abstract

Purpose: The central endeavor of this study is to scrutinize the standard of ethical business practice along with the intensity of short term earning on the Covid-19 crisis from a least developed country named Bangladesh. Research Methodology: The research is a concept paper based on the qualitative measurement of secondary sources of data. Results: The study urges four propositions such as, application of Golden Rule makes the businessmen’s realization regarding the suffering of consumers, Islamic Profit theory may enhance the Islamic morality and education in business practice, Building Ethical Education Curriculum may assist the ethical basement from early childhood to the whole education period which can be applicable in a real-life business career, and Trusteeship theory may rethink the businessmen about the meaning of real ownership in the natural world. Limitations: The paper is a concept paper; thus further studies have been required for practical implications based on the outcomes variables’ proof. Contribution: All the four propositions may also support the lawmakers to develop a permanent standard of ethical business climate instead of existing punitive system. Keywords: Ethical business practice, Short term earning intensity, COVID-19, Least developed country, Bangladesh
Co-Authors Kaium, Mohammad Abdul Shobikah, Nanik