Introduction Organizational change becomes inevitable for a company to grow and succeeds. Organizational change is often a challenge that is met with resistance by some, disinterest with others, and welcome by few. The most important aspects are finding a process that make sense to everyone involved and fit the needs of the organizations. Sometimes implementing changes in culture of the organizations involves a different way of doing business practices. This paper will seek to analyze a situation at MUFG Union Bank, which describe the current state and desired future state, and lastly come up with an action plan to solve the issue. Union Bank story goes back to 150 years in the making founded by The Bank of California. In April 1996, …show more content…
What is team building? Team building is working with a group of people towards a common goal. One of the main issues identified was the lack comradely within Union Bank employees.
Action Plan Achieving this goal will not be an easy process by changing the culture of the organization. “Strategic planning entails a series of judgments, made under uncertainty, that companies direct toward making strategic decisions” (Martocchio, 2014, p. 17). This will require team participation, communication, strategy plan, and feedbacks. It is important to be open minded to changes in the workplace. Challenges Some challenges that may come up would be employees who are resistance to change. “Resistance to change in organization is based on a few basic factors: who brings about the change; what kind of change it is; what is the benefit to individual organizational members; the procedures for instituting change and transition; and the leader attitude towards the change” (Jackson, 2006, p. 205). I believe that people are more resistant to change if the plan is not well executed. “Poor planning and implementation of the change, which creates confusion and resentment” (Jackson, 2006, p. 205). The second, challenge is lack of or miscommunication with management and employees. Poor communication can affect employees and management in a number of different ways and this can lead to workplace conflict. This can lead
A team is something more than a collection of individuals. Teamwork is a group of people working together to achieve the same goal. The whole is more than a sum of the parts. A team can be identified by evidence of some or all of the following:
A team is a group of people working together in a related field to achieve an agreed goal, target or objective. In order to attain the overall goal activities and tasks are shared between the team members with give individuals their roles and responsibilities.
What is teamwork? Teamwork is defined as "a formal work group consisting of people who work together intensely to achieve a common group goal." (University of Phoenix, Apollo Library, 2007). A group becomes a team when members demonstrate a commitment to one another to reach a common goal. There is a high degree of cohesiveness and accomplishment in a team. Simply put two heads are often better than one. (University of Phoenix, Apollo Library, 2007). Teamwork can help us communicate in many ways.
(1) The management team must adopt a strategic management plan. First of all, they have to develop a clear vision and a mission statement to inspire and motivate all the frameworks for the company’s future strategic planning. According to “Mission Statements and Vision Statement” (2011), “by crafting a clear mission statement and vision statement, you can powerfully communicate your intentions and motivate your team or organization to realize an attractive and inspiring common vision of the future” (p.1). The management team should create a mission statement that describes the company’s purpose and primary objective. For the vision statement, it should include the company’s value and purpose of the company. With a clear vision and mission statement, management and employees would be able to follow the right direction as a team. They also need to define “who their customers are, what products and services it supplies, and how these products and services are provided” (BUSN 460 Week 1 video, slide 3).
Every organization should have a strategic plan to achieve its goals in a limited time period, the strategic plan has many variable models. The strategic planning process that we studied needs a collaboration between the organization’s staff, board members, and strategic plan committee. This strategic planning process has ten guide steps.
Strategic planning can dictate the success of any organization if properly planned as well as the failure of an organization if not implemented as planned. Strategic planning is all about making choices. It is a process designed to support leaders in being intentional about their goals and methods. Simply stated, strategic planning is a management tool, and like any management tool, it is used for one purpose only—to help an organization do a better job. This portion of the strategic plan will explain why an
Week 3, the lecture on Managing Change describes organizational changes that occur when a company makes a shift from its current state to some preferred future state. Managing organizational change is the process of planning and implementing change in organizations in such a way as to decrease employee resistance and cost to the organization while concurrently expanding the effectiveness of the change effort. Today's business environment requires companies to undergo changes almost constantly if they are to remain competitive. Students of organizational change identify areas of change in order to analyze them. A manager trying to implement a change, no matter how small, should expect to encounter some resistance from within the organization.
The purpose of this paper is to discuss organizational change and the management of that change. I will talk about the different drivers of change, the factors a leader needs to weigh to implement change effectively, the various resistances a leader may encounter while trying to implement change, and how various leadership styles will effect the realization of change. I will also discuss the knowledge I have gained through the completion of this assignment and how I think it might affect the way I manage change in my workplace.
It is important to change various aspects of organization culture when trying to institute change in organizations (Kavita, 2005). The aspects that such changes should target include the balance of power in the organizations, the organization structure that supports the framework, leadership and management styles. Organizational history is also very critical, especially if it has a progressive track record success. However, if the culture despite the changes remains aligned to the organization goals and mission the employees will adopt it and embrace change.
Introducing organisational change is often hard, the main reasons for that can be variation in perceptions of the employees, fear of disruption or failure and underlining the right approach to apply change. Then even if the change in a specific organisation is projected successfully there is still lot to be done to manage it in an appropriate way (Oakland, 2007).
Well Fargo is currently being sued over 185 Million Dollars and 5,300 were fired for making fake account.
Strategic Planning is one of the most fundamental factors in the success of an organization. This research project will discuss the importance of strategic planning as well as the different components of strategic planning. Many organizations fail to accomplish their goals and tasks due to the lacking of strategic planning. In order for their businesses to be successful, organizations need to be well informed about how the strategic planning process works.
Changing situations throughout the world affect all organizations in business today. Therefore, most organizations acknowledge the need to experience change and transformation in order to survive. The key challenges companies face are due to the advancements in technology, the social environment caused by globalization, the pace of competition, and the demands regarding customer expectations. It is difficult to overcome the obstacles involved with change despite all the articles, books, and publications devoted to the topic. People are naturally resistant to fundamental changes and often intimidated by the process; the old traditional patterns and methods are no longer effective.
The science of team building is an art. The uncontrollable variables are people. Just putting a group of talented individuals together for the sole purpose of goal achievement can be met with disastrous results. It can leave individuals left feeling unfulfilled and lead to costly mistakes in the long run. While team building can be considered an art, there are some methods and approaches that can assist with successful builds. While no approach is full proof, taking time to acclimate oneself with human
Team building is typically used in OD to loosen up an over-organized system that is too rigid and bureaucratic. In this case, team building was aimed at providing structure to an under-organized system.