The effects of organisational change and the feedback of the change on productivity in large organisations (financial industry) Contents Organizational Background 3 Research Questions and Objectives 4 Research Questions 4 Research Objectives 5 Literature Review 5 Methodology 10 Reflections 12 Time Scale and Resources 15 References 16 Organizational Background Large examples of organisational change in business organisations involve large scale decentralisation which helps the employees in all circles and in all departments to gain authority in order to perform effectively…
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This large amount of decentralisation rendered in the organisation helps in generating a skilled work atmosphere in the concern which thereby helps in enhancing the productivity of the labour forces. Large amount of technological innovation rendered in the workplace systems through the installation of computer technology works to a great extent in altering the organisational culture to become more sophisticated and much faster in meeting organisational objectives. However it is argued in this regard that mere incorporation of newer processes and technologies in the organisational sphere does not solve the game unless a proper set of practices are regulated for its steady implementation. (Hakanson, 2-5). In regards to the above discussion focus can be rendered on the effects of organisational change like incorporation of information technology resources on the productivity parameter of financial organisations like insurance industries. It is found that the extensive use of information technology in the insurance industry has helped in the effective processing of financial information which helps in the optimal management of insurance claims made by different people. Coupled with the introduction of information technology the organisational systems of the insurance industries also were made to undergo some basic organisational changes like rendering of large scale decentralisation which helped in enhancing productivity. It was observed that the enhanced use of information technology in the insurance industries helped the insurance companies to develop larger network channels. This enhancement in the channel network of the insurance industries helped in augmenting the growth of marketing activities and also eased then premium collection process. Furthermore the increased use of information technology rendered in the insurance industries also helped in reducing the cost of maintenance of distribution and marketing channels. Reduction in the operational cost helped the insurance industries to make large number of investments in incorporating better technological processes and innovation systems thereby enhancing the productivity of the firms. (Matassa, Neirotti, and Paolucci, 1-6). Research Questions and Objectives Research Questions The paper divulges to answer the following research questions in regards to the issue of rendering changes in the organizational structure, systems and processes. Firstly it endeavours to highlight on the degree of changes that can be rendered in the basic organisational structure. Secondly it focuses on the processes through which such organisational changes so planned can be rightly implemented in the existing organisational system. Thirdly the paper endeavours to highlight on the effect of such changes brought about in the organisational structure in affecting the productivity parameter of the companies. Fourthly the paper in regards to the above discussion focuses on the case of a specific industry belonging to the financial world. Research Objectives The paper while endeavouring to answer
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