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The main person is the financial director of UK based company Fortunesaureus plc .That is the subsidiary of a US company .

The company provides financial services .It has been growing substancially in recent year .The person is truly committed towards is job and is associated with the company past four years . The chances of is promotion is high only if he doesnt rock is boat and plays is cards well by taking prompt decision at the right time .He believes that such promotion is because of his merits . Due to which he has committed himself to the organization completely and is work life favour more his work and dedication he puts in,for his work.work was definitely his life at the moment.The fortunesaureus group(parent company) had a couple of bad year,Due to two major reason firstly due to economic downturn and on the other hand management is poor in the key areas of operation.This poor management was seen in the parent company and not in the subsidiary company. Due to these poor results, US parent company insisted on 5% cost cutting efficiencies in the current year in all subsidiary companies including the UK subsidiary company The target was tough to achieve but he as a financial director managed to do so. But this had negative effect. The work force ofcompany was not happy and the economies that could not sustain for a long period of time. However it was showing some immediate profits due to the cost cutting. this 5% cost cutting created major issues of satisfying regulatory requirements and as left the organization in a bad state. This was not all,the cost cutting of further

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