Organizational change is necessary for most financial institutions. The industry has become volatile. Cowboy bank has been in operation for 80 years. It has become a leading lender to the agricultural industry in Texas. This industry drove the bank’s revenues for a very long time. The bank has had a wide network of branches that serve customers. All these traits of Cowboy bank have been effective until recently. Growth has stagnated.
Change programs have a significant number of dimensions. They are complex and involve activities that affect almost all people within the organization. This plan has dealt with the main aspects of a change management plan.
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