Tuesday, May 14, 2019
Compare and Contrast Home Depot and Umpqua Bank Essay
Compargon and stock Home Depot and Umpqua Bank - Essay ExampleDifferent companies have different cultures, which will be discussed here in the light of the Hofstedes dimensions. Masculinity When both managers of root depot and Umpqua bank took office, their starting initiative was to change makeupal cultures so as to make the companies more competitive. This was a common mark and therefore each of the alliance took an initiative to get word that its culture is transformed. Both companies gave the mandate to different individuals who are males thereby indicating the gender biasness in the two banks. Home depot hired Dennis Donovan while Umpqua hired David from Ziba to look for and therefore come up with a solution. Low Uncertainty Avoidance Both of the connection embarked on an environmental creation mission because they are change oriented and are ready to take risks. Umpqua ensured that it cleaned all(prenominal) its surrounding as this had a bad image on the company. It a lso refurbished its structures to ensure that the image of the company changes completely and becomes more user friendly to all customers (Freeze n.d). They did this by changing the structures to become open entre one so that each customer can feel free to get in. This is because offices that are regarded as of higher standards keep off lower ranked employees and even customers who refer them as out of their reach. On the other hand, home depot structures such as low light in its orange stack away houses gave it a fresh look. Others included cluttered aisles and sparse signage (Charan, 2006). These changes in structures, which are part of organizational culture, dictum great improvement in the performance of both companies. There was a major difference on how both companies implemented their policies of changing the organizational structure. Umpqua set aside a budget while home depot company just implemented the policy silently without interrupting the companies program. This pla yed a major routine in ensuring that the performance of the company is maintained even in the period of transformation. Low Power maintain Language and relationship between the company officials is another important facial expression that both companies undertook. Relation between the members especially the attitude in communicating plays a major role in ensuring that organization grow together in achieving the set goals and objectives. Home depot ensured that it installs a good discipline among all members of the organization and all those who were not ready to comply with the new condition were swept out of the company (Charan, 2006). This showed how this aspect of culture was important to the whole performance of the company. Home depot applied an important tactic to ensure that cultural change does not get much resistance from the employees. This was through making the employees understand the benefits that the company will accrue from the change. It did this by holding vari ous meetings with all stakeholders while the project was made can to all people. On the other hand Umpqua changed its philosophies of which the employees came to uphold. It also did this by changing the features of its brand which signaled a new change in the company which was welcomed by the employees (Edger, 2010). Both companies ensured that they install a positive belief on their employees and workers. This gave both companies an upper hand as it changed the mindset of the customers towards the companies
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