Nobody downloaded yet

An organisations structure and culture and their relationship to the promotion or inhibition of change within Insurance Company - Essay Example

Comments (0) Cite this document
Summary
Name of student: Topic: Lecturer: Date of Presentation: Introduction Change is a constant feature in modern organisations which management has to deal with. Organisations operate in a very turbulent environment due to increased competition and globalisation coupled with economic, social, political and legal changes…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.2% of users find it useful
An organisations structure and culture and their relationship to the promotion or inhibition of change within Insurance Company
Read TextPreview

Extract of sample "An organisations structure and culture and their relationship to the promotion or inhibition of change within Insurance Company"

Download file to see previous pages However, the change model to be utilised in this case is the Lewin’s 3 stage model of unfreezing, change and refreezing to explain the change process. Though change is inevitable, it is a complex process that has drivers and resisters. The organisational structure and culture are vital elements in an organisation that can either inhibit or promote change depending on the situation. It is thus very vital to discuss how culture and structure can influence the change process in an insurance company bearing in mind that the insurance sector operates in a very dynamic environment. The company in this case is Zurich Assurance Company Ltd. There are other numerous factors that cause resistance to change and will be discussed briefly alongside culture and structure. In order to achieve this, the paper will be divided into several sections. The first section will be a brief background summary of the insurance company. Secondly, organisational change will be discussed. This entails discussion of strategic and operational change. Thirdly, the paper will discuss theoretical underpinnings of the organisation structure and culture. ...
The company boasts of its values embedded in its rich culture and which determines how things are done. The company beliefs in integrity, team working, support for the community and abiding with rules and regulations and sustainable value creation. The company has a divisional organisation structure whereby every division handles its own product and employees but resources and controlled centrally. The whole organisation is under the leadership of a chief executive officer. Organisational Change Effective change management according to Senior (2009) depends on the management but whatever the case the impact of change varies according to industry or sector. The change process as per Lewin’s 3 stage model begins with unfreezing. This is where the company analyses its internal and external environment to identify any gaps that exist and thereby identify need for change (Paton & McCalman, 2008). The changes may need a strategic change or operational change depending on the urgency and importance of change. Strategic changes are long-term in nature and affect the whole organisation. They involve creating new vision, developing strategies, implementing the changes, dealing with resistance and evaluating the effectiveness of strategy so as to review. It is a cyclical process. Operational changes affect only a small group of staff such as a department or team and involve changing particular activities as opposed to the whole system. The strategic change process involves extensive planning and begins with environmental scanning to determine the need for change. This involves conducting a SWOT analysis to determine the strengths and weaknesses as well as opportunities and threats for the company. This allows the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“An organisations structure and culture and their relationship to the Essay”, n.d.)
An organisations structure and culture and their relationship to the Essay. Retrieved from https://studentshare.org/management/1470918-an-organisations-structure-and-culture-and-their
(An Organisations Structure and Culture and Their Relationship to the Essay)
An Organisations Structure and Culture and Their Relationship to the Essay. https://studentshare.org/management/1470918-an-organisations-structure-and-culture-and-their.
“An Organisations Structure and Culture and Their Relationship to the Essay”, n.d. https://studentshare.org/management/1470918-an-organisations-structure-and-culture-and-their.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF An organisations structure and culture and their relationship to the promotion or inhibition of change within Insurance Company

London Life Insurance Company

...retirement and saving plans. Through the use of the Group Insurance Plans the company was able to enhance its sales network with the corporate client base encompassing around 16,000 different concerns. The management and administrative functions within the London Life Insurance Company was effectively synchronized through the use of information technology connecting the activities of the different branches. Moreover, London Life Insurance Company being a member of the Trilon Financial Corporation concern an its enhanced affiliation with the Royal Trust in the region contributed in development of its network base in...
10 Pages(2500 words)Assignment

Allstate Insurance Company

...?All Insurance Company The paper comprises of the goal-setting process of All Insurance Company for attaining its specific goals. The evaluation of the company’s goal setting in accordance with the models stated that the company has adopted effective strategy so as to fulfill the three processes of the goal setting model. The company has met the dimension of goal setting by undertaking various activities for the employees. The purpose of these activities is to increase the competency of performance of the employees. The motivational techniques that need to be developed by the company for developing the...
5 Pages(1250 words)Case Study

Relationship Between Organizational Structure and Culture

..., relative remuneration, and possible promotions. However, this culture undermines the power-oriented employees and is only applicable in stable organizations (The Open University, 2012, p.1). P.1.2 An organization structure is the actually the mode by which variant sub-units are arranged and how they intertwine in a specific organization. An organization structure entails formalization, centralization, and complexity. Moreover, an organization structure helps in linking different functions and coordinating with the environment as well as providing guidelines on issues relating to management and relationships within an...
7 Pages(1750 words)Coursework

Management of change - How organisational structure and culture can influence the promotion or inhibition of change strategies w

..., the organizational structure and culture can either promote or impede the change strategies within an organization. The aim of this discourse is to explore the extent to which an organizational structure and culture can promote or inhibit change strategies within an organization. Organizational Culture and Change Management Culture plays a crucial role in driving a company to success. Pheysey (1993, p. 9) defines organizational culture as a set of norms and beliefs of...
6 Pages(1500 words)Essay

Power And Culture Within Organisations

...Power and Culture within Organizations Dominating human history has been the quest for power. The definition of power varies quite much as each gives their own view of the subject. Also, several descriptions have been assigned to organizational culture. Organizational culture generally describes the attitudes, beliefs, values (both cultural and personal), experiences, assumptions and psychology of an organization (Harris, 1994). Organizational culture may also be defined as the collection of norms and values shared by groups and individuals in an organization. This paper seeks to discuss power, organizational culture and...
12 Pages(3000 words)Essay

ALL STATE INSURANCE COMPANY

.... Unrealistic goals can only be counterproductive. How can goals serve as an unifying force in organizations? Having goals put in front of all people in the organization makes them all equal regardless of their particular position within the structure. Managers and regular employees alike, are challenged to meet certain expectations. Most importantly, the role of goal setting is to provide a challenge. Without a clear, specific and reachable goals organization members are more likely to a) work slower, b) perform poorly and c) lack interest in changing a) and b). If we compare model of goal setting offered in the textbook and one in place at Allstate Corporation we find that they are...
5 Pages(1250 words)Essay

East Coast Insurance Company

...of these corrupt practices percolating down through managerial and operational layers of the insurance company in question cannot be underestimated. Such malpractices could lead the company lag behind the competition on account of corporate social responsibility, accountability towards its customers and overall public policy. Thus, the organization has to carefully see to the fact that the business practices of the government agency do not influence the culture of the company in any negative way. Human resource implications Coming to the most crucial aspect of this case- the people. It is the actual culprit behind the furore where internal resources of...
4 Pages(1000 words)Case Study

Insular Insurance Company

...Insular Insurance Company Table of Contents Employee Stresses in the company and recommendations for reducing stresses 3 Organizational work teams4 Approach to Leadership and Recommendations 4 Interpersonal conflicts and measures to mitigate them 5 References 7 Employee Stresses in the company and recommendations for reducing stresses The analysis reveals that managers act as a constant guidance and director for employees in their work activities. This could act as a major hurdle for them as they would not be allowed to work independently at their will. This could create pressure on them causing organizational stress. It is also seen that Insular...
4 Pages(1000 words)Essay

Organizational Culture: Relationship with Organizational Change

...Structure of the work The following key points are to be discussed in the paper about management of change in organizations in light of the existing theories of organizational culture. Definition and relationship with organizational change Process followed in organizational change Philosophy of change Personality traits and behavioral issues in culture of organization Identification of types of personality and tools used for this purpose Contrasting sets of personality Variations in personalities among individuals Organizational culture and its subcultures affecting organizational...
2 Pages(500 words)Coursework

Qatar Islamic Insurance Company

...Qatar Islamic Insurance Company Introduction The Qatar Islamic Insurance Company (QIIC) was founded in the year 1995 and ever since, it has been rapidly growing. It is one of the leading Takaful companies in Qatar. The company’s policy and principles adhere to Islamic Sharia. The company believes in dynamic work management and innovation, which has resulted in introduction of new products and services and continuous up-gradation of operations. Despite of tremendous local and regional competition, the company has achieved exceptional growth and revenue. The successful management structure...
5 Pages(1250 words)Research Proposal
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic An organisations structure and culture and their relationship to the promotion or inhibition of change within Insurance Company for FREE!

Contact Us