Mgt/426 Week 4

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Managing Change Part II MGT/426 Managing Change At times organizations tend to take on their own culture and in doing so, they face different challenges and changes. For Citigroup to compete, stay financially fit, and adapt, the organizations has to change. Citigroup’s employees must understand how change can be beneficial to the organizational and to them as well. By implementing change will allow the organization grow, meet customers’ needs, challenge the employees to improve his or her skills. Change is imperative for Citigroup to remain relevant. Shared vision “A shared vision is a consensus among people about what success is and how it will be achieved; a shared vision preserves the core values of the organization…show more content…
Organizational cultures also can be created and maintained by the organizations managers, leaders or supervisors. Organizational culture is a common understanding shared among a group of individuals, and a certain type of behavioral patters within the organization that causes employees to interact in a certain manner with one another. Citigroup’s organizational culture has an effect on employee’s performance level, productivity, customer services, and behavior. The current organizational culture of Citigroup mainly has been determined by what has been working in the past for the organization to remain successful. With Citigroup’s organizational culture it has guided employees toward the behaviors and attitudes that have put the company at risk. The company must revert to what is important that is the customers and focus on the core values of the organizations, and the vision of the organization. To change Citigroup’s organizational culture there needs to be a shared responsibility among the leaders of the company, managers, and employees. By having a shared responsibility will make Citigroup’s organizational culture more effective and productive. Having shared responsibility will allow each employee to achieve or accomplish his or her full potential, and acting with the greatest level integrity when dealing with one another, and customers.…show more content…
The seven s’s are structure, strategy, systems, style, staff, skills, and superordinate goals. The Star Model, from Jay Galbraith, focuses on five major elements that must be aligned. These include strategy, structure, processes and lateral capability, rewards, and people practices (Akin, Dunford, & Palmer, 2006). The Congruency Model, developed by David Nadler and Michael Tushman, focuses on consistency between elements of an organization (Akin, Dunford, & Palmer, 2006). This model has four elements: task, individuals, formal organizational arrangements, and informal organization. As seen, the models have different elements but focuses on fundamental basics found at a business’s
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