Wednesday, May 6, 2020

A Situation At Mufg Union Bank - 886 Words

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. â€Å"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. â€Å"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. â€Å"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

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