The PayPal Firm’s Organizational Improvement

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Table of Contents

Introduction
Values and Norms
Management
Impact of Company Demographics
Impact of Technology and Innovation
Ethical Behavior and Responsibility
Recommended Innovation and Change
Conclusion
References

Introduction

Paypal is one of the leading tech companies in the world. Providing solutions and technologies both for corporate clients and individuals, the organization has a sizeable presence in the market. While possessing a number of notable qualities, there is great potential for improvement in PayPal, owing to the company’s willingness to embrace flexibility. According to company resources, PayPal is committed to engaging its employees in the process of building a better organization. It considers the wellness and support of its workers to be central for success and longevity.

Values and Norms

One of the central values of PayPal is inclusivity. By employing people from all around the world, regardless of their background, the organization is able to build diverse talent. Furthermore, PayPal strives to enable each of its workers equal access to opportunity, and an ability to grow. The company is organized in a way reminiscent of a large community unified by a number of goals – brining innovation, value and wellness to society.

Management

PayPal’s management works hard to help its diverse and sizeable community of workers. The flexibility of approaches, combined with the policy of transparency helps PayPal to remain on top of its human resource needs. According to the testimonials of PayPal employees, the leadership has shown itself capable to adapt to emergent events, coordinating actions of their subordinates, and listening.

Impact of Company Demographics

Demographics are among the central strong points of the company. Hiring individuals from all around the world, PayPal gains access to insights and qualification of a truly varied community of individuals. By enabling those that may lack a voice of their own, and promoting equality under PayPal, the company further guarantees a better standard of work. As a result of its workforce, PayPal is able to utilize the expertise and qualifications of a wide variety of people. Due to differences in culture, workplace ethic and knowledge, a more diverse workforce has the capacity to provide more ideas for the company, amplify technological solutions, and recognize emergent issues. Furthermore, wide demographics allow PayPal to create products and services that cater to a diverse population. Taking into account the desires of its staff, the company manages to work in providing for its customers as well.

Impact of Technology and Innovation

Technology is one of the strong points of the organization, regularly working at the forefront of innovation. This includes recognizing opportunities and embracing remote work well before it truly too k off. The company has a wide array of clients, due to its collaboration with both regular individuals and companies.

Ethical Behavior and Responsibility

PayPal recognizes the importance of ethical concerns, training its employees and holding itself accountable. Regular seminars and training programs work to help PayPal workers abide by the company’s ethics policies, and act with consideration toward their fellow employees. Toward the public, PayPal employs similar principles, allowing access to its data and metrics to encourage accountability. Internal accountability is also guaranteed, allowing each worker access to anonymous reporting systems. This includes the ability to discuss the conduct of one’s co-workers, subordinates and management. In the process of giving more employees a voice, anonymity plays vital role. Reporting workplace misconduct without attaching one’s name to the claim gives workers protection against being fired, or being discriminated against on the basis of their claims.

Recommended Innovation and Change

In order to make the workplace more effective end equitable for the workers, it is necessary to improve communication within the company, and make sure managers work better in listening to their employees. The rights and capabilities of employees themselves, then, should also be expanded. This includes embracing worker’s rights organization work, and encouraging empowerment within the workplace. By bringing these changes into the field, it will be possible to bring more equity and representation into the organization. While PayPal contributes much to diversity within its walls, giving more power to individual workers, or allowing them to shape the way their work process is organized will go a long way in helping the organization embrace longevity. Furthermore, actions bringing the company closer to union recognition play an important social role. Recognizing and collaborating with unions legitimizes their position in the tech industry, and gives other companies an example of best conduct.

Conclusion

As a whole, PayPal is an exemplary company, capable of producing value for its stakeholders and creating good working conditions for the staff. Values of equity, equality and opportunity stand central to the company’s operation. This is demonstrated by its commitment to transparency, high diversity rates, and creation of various advocacy groups. Furthermore, PayPal contributes much to its surrounding community. Charitable acts, community work and collaboration with other organizations all work to support the image of the company and its efforts to better the world. In terms of leadership and management, PayPal brings flexible and responsible management to its offices. Interacting with employees through both online and in-person means, the company’s leaders enhance interactions between their subordinates. Viewing the technology introduced by PayPal as the metric for its condition, the company can be considered as successful.

References

Buy now, pay later has been around for a while. Why is it exploding now? (2021). PayPal Newsroom. Web.

Inspiring through kindness: PayPal. (2021). Great Place To Work Philippines. Web.

PayPal is setting the pace of digital Fintech innovation in 2020. (2020). BrainStation. Web.

PayPal, Inc. – Diversity, inclusion, equity & Belonging. (n.d.). PayPal, Inc. – About Us. Web.

11 diversity, equity & inclusion resources for small businesses. (2022). WordStream. Web.

Calexi. (2016). Principles of organization management training course. Tonex Training. Web.

How employee wellbeing plays an essential role at the workplace. (2022). Vantage Fit – A Complete Solution To Your Corporate Wellness Program. Web.

Nast, C. (2018). Unions aren’t as complicated as you might think. Teen Vogue. Web.

Responsible business practices. (n.d.). PayPal. Web.

The role of technology in management. (2020). Taxila Business School. Web.

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