StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Organizational Change in Umpqua Bank - Case Study Example

Cite this document
Summary
In the paper “Organizational Change in Umpqua Bank” the author discusses the South Umpqua Bank, which had made some drastic cultural changes, first in the Portland bank, and then spreading through the other banks. The change was greater than most people of ever tried in it Corporation before…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.5% of users find it useful
Organizational Change in Umpqua Bank
Read Text Preview

Extract of sample "Organizational Change in Umpqua Bank"

Download file to see previous pages

Customer service had to feel like it was being done the same as before. The new culture of efficiency was difficult to maintain because it was so different than anyone and never worked before. There were even major changes with positions that needed to happen. When Davis discussed the changes that needed to be made with this staff, he found that there was not enough power in the positions that were directly related to customer service and would be difficult to maintain a culture and in those circumstances.

In this case, Davis used many things to make sure that the culture stayed on track. As Davis said," our people are required to walk the walk and talk the talk." In order to assure that this is what happens daily motivational moments were established in the store. These included things like tossing balloons, having 2 min, sharing interests, or having treats. It was meant to bring the staff together and continue keeping the morale of the employees up. Incentive pay was provided for staff directly related to customer service.

There were different levels of incentive paid which of course incentivize those who were moderate workers to become stronger and to understand the culture better. The empowerment that was given to the employees helps maintain the culture itself. Everyone assumed a little more power than they had before, including those that worked in the back." Our culture is our greatest asset but also the greatest risk. As we grow the culture gets stretched." This statement was made by Davis and helps us understand why the culture was difficult to maintain.

He actually made a vice president position related to cultural enhancement in order to ensure that the culture was maintained. Any Internet within the Corporation was put together to allow better information for the employees throughout the Corporation.Future Challenges Future challenges definitely include the expansions that Umpqua Bank has had to make. The Perl was not only beautiful and functional but expensive. Not every bank that was brought into the fold could afford to do that kind of expansion.

How do you add a bank, maintain the culture, and have fewer dollars for the building? Many of the banks that were purchased already had high numbers of customers which meant they had to figure out how to fit the customers into the new culture as well. This was done by taking a long look at what was then that the Perl, attempting to replace that, by using less expensive materials. It worked. This culture is very tightly run, meaning that there are many employee meetings, a lot of employee buy-in, and a large amount of information flowing between the Corporation and the local store.

As Umpqua gets larger, it will become more and more difficult to maintain this kind of communication. It will also be more and more difficult to maintain the beauty of the stores. Remembering that this is a local bank, or the culture of a local bank, the larger the corporation gets the less likely it is to feel that way. There is also the possibility that his Umpqua Bank expands into more and more small communities, some of those people that would-be customers will be intimidated by the buildings themselves.

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Organizational Change in Umpqua Bank Case Study Example | Topics and Well Written Essays - 750 words, n.d.)
Organizational Change in Umpqua Bank Case Study Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/management/1526826-organizational-change-cultural-changes
(Organizational Change in Umpqua Bank Case Study Example | Topics and Well Written Essays - 750 Words)
Organizational Change in Umpqua Bank Case Study Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/management/1526826-organizational-change-cultural-changes.
“Organizational Change in Umpqua Bank Case Study Example | Topics and Well Written Essays - 750 Words”. https://studentshare.org/management/1526826-organizational-change-cultural-changes.
  • Cited: 0 times

CHECK THESE SAMPLES OF Organizational Change in Umpqua Bank

Comparison of the Home Depot and Umpqua Bank

The researcher of this essay aims to analyze, compare and contrast the Home Depot and umpqua bank.... umpqua bank started as a small-scale retail in nineteen fifty three in Poland.... Compare and contrast Home Depot and umpqua bank Compare and contrast Home Depot and umpqua bank Home Depot was initiated innineteen seventy-nine, and is located in Atlanta.... umpqua bank started as a small-scale retail in nineteen fifty three in Poland....
2 Pages (500 words) Essay

Compare and Contrast Home Depot and Umpqua Bank

Compare and Contrast Home Depot and umpqua bank [Name] [Institution] Organization Culture of Umpqua and Home Depot Organizational culture is the personality or unwritten laws of an organization (Edgar, 2010).... This is illustrated by umpqua bank billion dollars and therefore positive culture needs to be put in place at the start of intervention of an investment.... Masculinity When both managers of home depot and umpqua bank took office, their first initiative was to change organizational cultures so as to make the companies more competitive....
3 Pages (750 words) Essay

Organizational Change

Fear is mostly due to lack of information and understanding related to the need for change and its future impact; fear may also be due to notions attached to job security, status, position or role; fear of failure in performance and rewards and fear associated with increased workloads; fear of change in work groups and disruptions to established interrelationships; and fear of change in power and authority (Nelson & Quick, 2012).... Running head: organizational change organizational change Name: Course: Date: It is a known fact that change is inevitable in business world; change helps businesses to thrive and sustain....
3 Pages (750 words) Essay

CEO Administration at Umpqua Bank

umpqua bank is a uniquely branded bank with a unique attitude that started in the State of Oregon.... It is known as the #1 large company to work for (umpqua bank, 1996).... They thought their culture was unique for a bank and they were correct.... The problem was that it was a time for bank mergers and their board did not in any way want that to happen.... Risky yes, but so was the things they had in mind for the bank....
5 Pages (1250 words) Essay

Organization and Organizational Change

Organizations must favorably manage all change… ichael Reiss emphasized “change management includes classifying performances in terms of best, above average, average, needs improvement, or poor” (Reiss 20).... Next, the author rightfully observes change management can allocate time to increasing performance outputs.... Dean Anderson emphasized “different factors contribute to the change management process” (Anderson 31)....
4 Pages (1000 words) Assignment

Organization and Organizational Change

One is convinced that overcoming resistance to change requires understanding of the need for the change that is to be instituted and communicating the relevance of implementing that change in the work setting.... rg/2013/04/change-management-needs-to-cha/The article focuses on reasons why implementing change in the work setting fails (Ashkenas).... Readers were apprised of transfer of accountability to a community of external ‘experts' who were apparently consulted in implementing change in the work setting....
2 Pages (500 words) Assignment

Organisational Change

The essay "Organisational change" tries to evaluate the impact of change within an organisation.... However, in order to evaluate it, varied types of theories and models of organisational change are also described in this part.... hellip; change is the most inevitable requirement of an organisation as it helps to optimise the level of performance of the employees.... This is because; organisational change is a sort of response to combat the challenging scenario or it may be triggered by the higher authority of the organisation to augment the image in the market....
12 Pages (3000 words) Essay

Umpqua Bank Operation Analysis

umpqua bank Case Study Analysis Affiliation Details Q1 Ray Davis leadership style can best be depicted as bona fide, centeredand transformational.... He assumed control over the leadership of South umpqua bank and used inventive rationalities and one of a kind leadership disciplines in growing South umpqua bank operations, subsequently making the bank gainful, lithe and consumer loyalties situated (Freeze, 2006).... In his residency, umpqua bank has turned into a monetarily steady and reliable undertaking that will keep on developing even as new pioneers are given the command to head it....
2 Pages (500 words) Essay
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.
Contact Us