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Organizational Change Management Assignment | ANZ Banking Corporation

   

Added on  2020-05-16

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Running head: ANZ BANKING CORPORATIONANZ BANKING CORPORATIONName of the StudentName of the UniversityAuthor Note
Organizational Change Management Assignment | ANZ Banking Corporation_1
1ANZ BANKING CORPORATIONExecutive SummaryThe given report throws light on the organizational change management of the bankingcorporation of ANZ. ANZ is the Australia and New Zealand Banking Group Limited, which isone of the strongest and oldest banks in the country of Australia. The given assignment follows astructured format whereby an introduction elaborating the background of the organization hasbeen provided. This is followed by the answers to the three questions given in the case study.Separate headings have been formed and the answers have been stated. The last part of the reportcomprises of a conclusion, which wraps up the report.
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2ANZ BANKING CORPORATIONTable of ContentsIntroduction..........................................................................................................................3Answer to the first question: Attributes related to Change..................................................4Answer to the second question: Internal Change in the Organization...............................10Answer to the third question: Leadership Attributes.........................................................11Conclusion.........................................................................................................................12References..........................................................................................................................13
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3ANZ BANKING CORPORATIONIntroductionAustralia and New Zealand Banking Group Limited, better known as ANZ bank isconsidered one of the largest as well as the most successful organization in Australia. It is alsoconsidered a leading bank in New Zealand. The case study analysis the bank`s case. Theorganization started its journey as the Bank of Australia in 1835, in the city of Sydney(Anz.com.au. 2018). In 1838, the company started its office in Melbourne where its head quarteris located in. The organization is a popular attraction for investors with its majority ofshareholders in Australia. The company also operates in several other countries apart from NewZealand and Australia, which are Europe, the Pacific Asia and Dubai. Since its inception, theorganization is one of those few companies who have been able to maintain a good performanceby reflecting consistent profits (Arnold et al. 2015). Even during the global financial crisis in2009, the company was able to upheld their name and earn profits.The banking corporation has been divided into five prime units, which comprise ofAustralia, Asia Pacific and Australia. The retail services offered by the company include serviceslike credit card services, mortgages, deposits and other banking transactions. The organization isinvolved in various fields like Wealth Management, Institutional and Operations Technology andShared Services and commercial banking (Buble, Juras and Matić 2014). The report elaborateson the three broad aspects given in the case study which range from the elements oforganizational change, the various challenges faced by managers to implement the internalchange and the key attributes of the ANZ leaders.
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