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Challenges in the Era of Globalization - iaabd

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Proceed<strong>in</strong>gs <strong>of</strong> <strong>the</strong> 12th Annual Conference © 2011 IAABD<br />

Coord<strong>in</strong>ation<br />

Integration<br />

and 3.55 3.90 4.02 3.79<br />

Totals<br />

ADAPTABILITY<br />

3.40 4.01 3.92 3.84<br />

Creat<strong>in</strong>g Change 2.83 4.14 4.17 3.74<br />

Customer Focus 3.17 3.05 3.27 3.88<br />

Organisational Learn<strong>in</strong>g 3.38 4.24 3.94 3.74<br />

Totals<br />

MISSION<br />

3.13 3.81 3.79 3.79<br />

Strategic Intent 4.02 4.19 4.53 4.04<br />

Goals and Objectives 3.71 4.14 4.30 3.79<br />

Vision 3.52 4.19 4.14 3.84<br />

Totals 3.75 4.17 4.32 3.89<br />

The scores 1-5, when converted to quartiles will be 0-1.25 for <strong>the</strong> first quartile, 1.26 to 2.5 for <strong>the</strong> second,<br />

2.6-3.5 for <strong>the</strong> third, and f<strong>in</strong>ally 3.6 -5 for <strong>the</strong> last quartile. The third and fourth quartiles scores are those<br />

generally found <strong>in</strong> higher perform<strong>in</strong>g organisations, and first and second quartile scores are generally<br />

found <strong>in</strong> lower perform<strong>in</strong>g organisations (Denison, 2000b). From <strong>the</strong> mean scores <strong>of</strong> <strong>the</strong> various banks <strong>in</strong><br />

Table 2 above, <strong>the</strong> banks will generally fall with<strong>in</strong> <strong>the</strong> third and <strong>the</strong> fourth quartiles, <strong>in</strong>dicat<strong>in</strong>g that <strong>the</strong>ir<br />

cultural pr<strong>of</strong>iles are generally found <strong>in</strong> high perform<strong>in</strong>g organisations.<br />

The dom<strong>in</strong>ant culture attribute for <strong>the</strong> Involvement culture trait among all <strong>the</strong> banks was Capability<br />

Development. This attribute featured most prom<strong>in</strong>ently <strong>in</strong> <strong>the</strong> Pan African Bank (with mean score <strong>of</strong><br />

4.20) followed by <strong>the</strong> Private domestic bank (mean score <strong>of</strong> 4.05). In addition, Table 2 shows that<br />

capability development was higher than empowerment <strong>in</strong> all <strong>the</strong> banks, an <strong>in</strong>dication to suggest that <strong>the</strong><br />

organisation does not entrust capable employees with important decision mak<strong>in</strong>g that impact <strong>the</strong>ir work.<br />

The Consistency culture trait was also dom<strong>in</strong>ated by Core values culture attribute and this aga<strong>in</strong> featured<br />

most strongly <strong>in</strong> <strong>the</strong> Pan-African bank (mean score 4.40 ) followed by <strong>the</strong> private domestic bank (mean<br />

score 4.38) and <strong>the</strong> mult<strong>in</strong>ational bank (mean score 4.14 ). However, agreement culture attribute was<br />

found to be lower than core values and coord<strong>in</strong>ation, an <strong>in</strong>dication that <strong>the</strong> organisation may have good<br />

<strong>in</strong>tentions, but may become unglued when conflict or differ<strong>in</strong>g op<strong>in</strong>ions arise. However, <strong>the</strong> Adaptability<br />

culture trait for all <strong>the</strong> selected banks was dom<strong>in</strong>ated by two culture attributes: organisational learn<strong>in</strong>g<br />

attribute from <strong>the</strong> private domestic bank (mean score 4.24) and also change creation attribute from <strong>the</strong><br />

Pan-African bank (mean score 4.17) and <strong>the</strong> private domestic bank (mean score 4.14). Except for <strong>the</strong><br />

mult<strong>in</strong>ational bank, customer focus for all <strong>the</strong> o<strong>the</strong>r banks was generally lower than creat<strong>in</strong>g change and<br />

organisational learn<strong>in</strong>g. This signifies that <strong>the</strong> rema<strong>in</strong><strong>in</strong>g banks may be good at meet<strong>in</strong>g customer<br />

demands currently, but is unlikely to be plann<strong>in</strong>g for future customer requirements or lead<strong>in</strong>g customers<br />

to what <strong>the</strong>y may want <strong>in</strong> <strong>the</strong> future. The Mission culture trait was dom<strong>in</strong>ated by strategic <strong>in</strong>tent culture<br />

attribute across all <strong>the</strong> selected banks. Foremost among <strong>the</strong>m was <strong>the</strong> Pan African bank (mean score<br />

4.53) followed by <strong>the</strong> private domestic bank (mean score 4.19), <strong>the</strong> mult<strong>in</strong>ational bank (mean score 4.04)<br />

and <strong>the</strong> public domestic bank (mean score 4.02). But strategic direction and <strong>in</strong>tent culture attributes were<br />

higher than goals and objectives for all <strong>the</strong> banks. This suggests that <strong>the</strong> organisation may have a difficult<br />

time execut<strong>in</strong>g or operationalis<strong>in</strong>g its mission. Thus, <strong>in</strong> general, <strong>the</strong> dom<strong>in</strong>at<strong>in</strong>g <strong>in</strong>dividual culture<br />

attributes among Ghanaian banks which create <strong>the</strong>ir unique culture traits are Capability development for<br />

Involvement culture, Core values for Consistency culture, organisational learn<strong>in</strong>g and Creat<strong>in</strong>g Change<br />

for Adaptability culture and Strategic Intent for <strong>the</strong> Mission culture trait.<br />

When compar<strong>in</strong>g <strong>the</strong> four ma<strong>in</strong> culture traits <strong>in</strong> each <strong>of</strong> <strong>the</strong> lead<strong>in</strong>g Banks <strong>in</strong> Ghana, Table 3 shows that<br />

Mission culture trait is <strong>the</strong> lead<strong>in</strong>g culture among all <strong>the</strong> Banks because it has <strong>the</strong> highest mean score<br />

values for each <strong>of</strong> <strong>the</strong> banks. This corroborates Davidson (2003) assertion that <strong>the</strong> Mission culture<br />

446

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