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SFC Argumentative Essay

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Synovus Financial Corporation (SFC) This paper will present an analysis of the success factors for SFC’s objectives of caring for their people and maintaining an ethical culture. One success factor is the role that leaders play in shaping the culture. Additional factors include the application of best practices discussed in current research and literature and how those practices align with God’s instructions in Scripture. How SFC took care of their people SFC took exceptional care of their employees by going beyond regulatory requirements (United States Deparment of Labor, 2016). For example, with no retirement matching or stock option requirement, SFC offered an 8% retirement match and stock options, communicating to its employees that they are valued (Drazin, Hess, & Mihoubi, 2006). In addition, SFC demonstrated balance by offering significant additional benefits, while holding employees accountable to the corporate values (2006). Dempsey’s (2015) …show more content…

For example, Barclay focused on profits over people, which led to declined profits, loss for countless customers, scandals, and legal battles. In contrast, Ultimate Support rallied leaders to change their culture, insisting on ministry-based values at every level, resulting in significantly increased profits and maintaining an ethical culture (Duncan, 2013). There is vast evidence that SFC methods for maintaining an ethical culture align with current research. Conclusion An analysis of SFC’s ethical culture and commitment to their people demonstrates that their methods are supported by research and encouragement in Scripture. As leaders continue to play a pivotal role, and employees are held to the same standards, the organization is likely to experience continued success. Finally, the likelihood increases as God speaks of blessings to those who honor

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