Management and Marketing - Research Publications
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ItemCreating a high performance leadership culture: The case of a leading Australian financial services firm(Centre for Workplace Leadership, The University of Melbourne, 2016)The Centre for Workplace Leadership was invited by a leading Australian financial services firm to conduct research on the firm’s capacity to adapt and innovate in a rapidly changing economic environment. The research took place between 2014 and 2016. It involved analysis of proprietary documents, surveys, and interviews with employees and managers from frontline business to senior managers, the executive team and board members. Key Findings: The analysis of the firm’s systems for innovation and decision-making found the following factors were affecting the firm’s ability to innovate. These were: • Employees’ shared commitment to a strong, values-based culture created a stable and rewarding informal culture; • However, the firm’s culture was a ‘double-edged sword’: although it was a major strength in building cohesion, it also tended to block innovation and change; • In particular, ‘bureaucratic brakes’ impeded the spread of internal innovation and development; • Strong risk aversion tended to be used defensively against the possibility of change; • Positive examples of innovation highlighted the need to develop better mechanisms for knowledge diffusion and organisational learning. Each of these findings is described in more detail in the report, along with quotes from the interviews.
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ItemMiddle Managers - Leading for Performance The case of a major Australian retail business(Centre for Workplace Leadership, The University of Melbourne, 2016)The Centre for Workplace Leadership was invited by a major Australian retail business to conduct research on the company. The CEO wished to have a solid basis of evidence on which to improve communication, innovation and decisionmaking in the company. The research took place over a year between mid-2014 and mid-2015. It involved interviews with staff at all levels, from CEO to frontline business staff. Key Findings: The analysis of communication, innovation and decision-making processes found three main issues that were impacting organisational effectiveness. These were: • shifting to hierarchical leadership had reduced employee engagement; • increased bureaucracy had reinforced organisational silos; • top-down decision-making had crowded out collaboration and innovation. Each of these findings is described in more detail below, along with quotes from the interviews.