Impact of Readiness for Change on Organizational Change of Banking Sector in Salem District

Subject Areas : General Management

P. Anjani ¹

1 - Sona School of Management, Sona College of Technology, Salem, Tamil Nadu, India.

Received: 2013-11-17 Accepted : 2013-11-17 Published : 2013-10-01

Keywords: change, Readiness for change, organizational change, Public sector banks, Private sector banks,

Abstract :

Every organization requires employees who can readily accept changes to carry out their day to day business transactions and to accommodate with those changes emerging from the environment. The purpose of this paper is to investigate the Impact of Readiness for Change on Organizational Change among the employees of the Commercial Banks. Data were collected from 350 employees serving in the private and public sector banks through questionnaires. SimpleRegression was performed to calculate the impact analysis. The findings of the study clearly show that there is a better understanding of the impact of Readiness for Change on Organizational Change. It is suggested that the banking sector must take measures to conduct lots of training programs and deliberations to improve the readiness for change among the employees in the banks to adapt those changes and enjoy the benefits emerging out of those changes.