Shifts in organisational design, culture and structural paradigms in financial organisations during economic recession

Rajagopal, Ananya Rajagopal

Research output: Contribution to journalArticlepeer-review

7 Scopus citations

Abstract

In the rapidly changing global business environment multinational organisations experience the principal design challenge in managing differentiation in work culture and organisational structure towards achieving predetermined goals. Organisational design is a process involving development of control measures that help in coordinating organisational tasks and motivate the people to improve their performance. This paper discusses managing the values and organisational change in financial institutions during economic recession and driving sustainable growth. The discussion demonstrates a sustainable paradigm for managing performance and sustainable growth of financial institutions by converging traditional design activities, work culture, and monitoring and evaluation measures. Practitioners can benefit from the discussion presented in the study to clarify, improve and enrich new approaches of organisational designing during economic crisis.

Original languageEnglish
Pages (from-to)385-398
Number of pages14
JournalInternational Journal of Business Excellence
Volume4
Issue number4
DOIs
StatePublished - 1 Jan 2011
Externally publishedYes

Keywords

  • Competitive advantage
  • Control measure
  • Downsizing
  • Investor relations
  • Monitoring
  • Organisational design
  • Organisational performance
  • Organisational structure
  • Resource management
  • Workplace culture

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