EVALUATE THE EXTENT TO WHICH THE ORGANISATIONAL CULTURE WITHIN FINANCIAL INSTITUTION(ASDA) LEAD TO THE GLOBAL FINANCIAL CRISIS - Dissertation Example

Download file to see previous pages... ??…...22 3.2 Limitations………………………………………………………………….23 3.3 Ethical Considerations……………………………………………………..23 3.4 The Design of Questionnaires………………………………………………24 4.0 Results and Findings………………………………………………………………..25-29 5.0 Discussion…………………………………………………………………………...30-33 6.0 Conclusion and Recommendations………………………………………………….34-37 7....
?…………………………………….27 Figure 2: Relationship among ASDA’s Employees………………………………..28 Table 1: Table 1: Employees’ Reasons for ASDA’s Near Bankruptcy in 1990s….25 1.0 Introduction This paper critically addresses the impacts of organisational culture on performance of a financial institution (ASDA), and investigating how this culture could lead to global financial crisis. It must be stated at this earliest time that this paper dwells mainly on the Human Resources aspect of organisation culture; it highlights how employees of ASDA, based on their varying experiences, trainings, personal integrity and conformity to organisational policies, could cause a spiral global financial crisis. It is no longer a new phenomenon that organisational culture is a potent factor in determining the success of operations in a company (Schein, 2004). ASDA, a financial institution, also derives its efficiency from the realization that its human resources must be revamped in order to achieve optimum performance in credit and financial services (ASDA, 2010a). ASDA requires its array of employees to demonstrate high-quality professionalism so as to be able to discharge its statutory duty as a viable credit facilities’ institution (ASDA, 2010a). One important feature of ASDA that would not be overlooked in this study is it size, huge market reach, and the magnitude of the effect of its eventual collapse, in case there is a financial crisis. Big financial institutions like ASDA faces increasingly threat as it deals out its credit-issuing services to its many customers (Kidwell et al, 2000). However, for the purpose of clarity and concentration, this study only looks into the effect of organisational culture on the activities of ASDA as a ...Download file to see next pagesRead More