Christina Gold‚ Leading Change at Western Union The organizational structure of the Western Union initially centered on America before its restructure by Christina Gold. The Union has goals that it needs to meet‚ such as the need to increase the amount of sales‚ which are hard to achieve with an all-American structure. The first reason to restructure the union is in order for it to expand its services globally. To meet the needs of the customers‚ structures have to be in place within regions
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Christina Gold Leading Change in Western Union Challa Fletcher March 13‚ 2012 GM504-01N: Organizational Excellence & Change Professor Rogerson Unit 1 Case Analysis Christian Gold is met with some opposition as she works to define Western Union’s global placement. The new president of Western Union points out that Western Union International‚ a single entity responsible for all of Western Union’s international organizational operations‚ was not sufficient enough to meet the
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Colorado Technical University Female Executives Written Assignment Submitted in Partial Fulfillment of the Requirements for Managing Organizational Change HRMT440 Abstract “Keep learning and asking questions – hold onto that powerful curiosity that has brought you this far… Recognize that success is not a solo act; never forget those important people behind the scenes of your success – family‚ co-workers‚ friends and mentors… Be passionate about what you do. It is that passion that
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Christina Gold Case Study Why was the restructuring needed at Western Union – or wasn’t it? Western Union at the time when Christina Gold had in intention to restructure‚ was a structure pure American – Centric with the main operations managed from US. This structure will not be efficient and will not respond to the goals of growth of Western Union. The trend for growth showed in 2002‚ when Western Union reported sales of $3‚2billion and eighty percent increase compare with the prior
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Western Union is the worldwide money transfer leader. It attained reputation by providing consumers with fast and convenient ways to send and receive money all around the world. As an aggressive company‚ Western Union’s strategy is to focus on growing its global consumer and payment business. In order to accomplish its global objectives‚ Christina Gold‚ the CEO of Western Union‚ had begun implementing a new organization structure. This new structure is expected to help company’s expansion and fit
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In May 2002‚ Christina Gold joined Western Union as the chief executive officer. In early 2003‚ Gold has started implementing a new organizational structure‚ the aim of the restructure is to unify the company’s U.S operations with its international division. Instead of having a U.S. centric product line‚ it will change to a regional structure with three main division: Asia-Pacific‚ Europe‚ Africa‚ the Middle East and South Asia; and the Americas. Gold has also made it clear to the employees that
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May 3‚ 2011 Western Union in 2008: Send Me The Money! Western Union in 2008: Send Me The Money! Current Situation Summary Western Union was founded in 1851 and started its history as a telegraph and wire services company. In 2006‚ Western Union discontinued its telegraph service and focused exclusively on money transfers (Pearce & Robinson‚ 2011). Jorge Ochoa‚ Vice President of Finance and Raul Duany‚ Director of Corporate Communication joined The Western Union Company (WU) in November
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Leading Change Introduction By definition‚ change means transformation‚ modification or variation. Change entails the introduction of new ideas and or ways of doing things in the organization. Mathis and Jackson argue that planning and the implementation of the same previous plans‚ is also a crucial ingredient to leading change (36; ch. 2). Change is also a shift to a new game with a new set of rules - an alteration of the status quo in an organization that impacts the work environment of
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Business Research Case Study LDR/535 Leading Change October 8‚ 2013 Learning Outcomes Many changes implemented to change something within an organization are implemented with minimal attention given to the resistance that generally occurs during the implementation‚ and the human aspects of change. Managers show slight understanding about the serious role that the human aspects have in influencing the change transition phase. Usually‚ managers focus on the technical and operational aspects
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a team. Leadership is dynamic‚ vibrant‚ and inspiring. The picture from 9GAG[4] is comparing how the business runs under the leading of a leader as a boss and a real leader. if you look into the details‚ the difference between the two pictures is when the Boss is leading‚ the facial expressions of the workers are more "forceful" and when there is the leader leading‚ the people behind the leader has some motivation which matches their facial expression to be more optimistic‚
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