People in Organisations: Structure, Culture, and Leadership

PEOPLE IN
ORGANISTIONS

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
1. Structure, Culture and Leadership...........................................................................................3
2. Building effective teams through motivation by identifying team development attributes....7
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

INTRODUCTION
The people in organisations play a very important role in its rapid success and growth. The
people can be the directors, supervisors, managers and even the employees. All the people have
their different roles and responsibilities. There is no management in any company without the
people and management refers to get the things dine through the people working in the company.
The employees must co-ordinate with each other in order to get the results as it is impossible for
an individual to achieve the organisational goals (Phillips and et.al., 2018).
The “Phoenix group” is the largest retirement business and long term savings in UK. It is
also considered as the largest consolidator of pension funds and closed like in Europe. It
performs its operations in countries like Germany, UK and Ireland and also it is divided into
three segments which are referred as UK open, UK Heritage and Europe. The company is
considered as the leader in the efficient and safe management of heritage business of UK It deals
in the products which are not much marketed actively to the customers (Phoenix group, 2021).
The company focuses on protecting the existing assets, driving efficiencies and optimising sales.
This helps the company in increasing its value in the business.
The report will shed light on the role played by the leaders in the Phoenix group. It will be
followed by mentioning the ways in which the culture and structure of the organisations supports
the transitional change and also focus on its effective implementation. The report will also shed
light on the ways which helps in building teams through motivation. It will also highlight the
ways which are adapted by The Phoenix Group. It will be followed by identifying the attributes
of team development which contributes in the success of the organisations.
MAIN BODY
1. Structure, Culture and Leadership
Leaders play the most significant role in the success and effective management of the
organisations. The main purpose of the Phoenix group is to help the people such that they can
secure a life in which many possibilities are there. The vision of the group is growing a
sustainable and strong business which helps the people to their retirement journey. This helps the
company for improving the outcomes for the customers and also helps in delivering value for
shareholders. There are many people in the Phoenix group who plays the role of the leaders
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among which one is Andy Briggs who is the CEO of the company. Briggs is also the biggest
reason for the success of the companies as he has the experience of leadership for more than 30
years. The main role played by the leaders of the company is inspiring, influencing and guiding
others for participating in the common effort (Mukerjee, 2017).
The Phoenix Group has a clear strategy which focuses on the major three priorities which
includes the deepening of the relationships of the customers, acquisition of the customers and the
in-force business optimization (Sinha and et.al., 2020.). The leaders of the company helps in
taking the advantage of the drivers of change in the industry i.e., strong growth of the auto-
enrolment workplace, consolidation of insurers, de-risking of corporate and retiring of the
individuals (Sobre-Denton, 2017). This helps in changing the needs of the customers, managing
the capital position, putting sustainability at the heart of the business, creating the value and
delivering the cash generation along with inspiring the employees (Phoenix group holdings,
2021).
The organisational structure of Phoenix group helps in defining the function, role and objectives
of the Board of Directors, Chairperson, Board committees and the Chief Executive Officer. It
also contributes by setting the ways in which the company and its various players interact for
promoting transparent, efficient and ethical functioning and the processes of decision-making
with the company (Cortellazzo, Bruni and Zampieri, 2019). The structure of the company clearly
identifies that the leadership is the main thing which is focussed in the company.
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