Challenges in the Era of Globalization - iaabd

Challenges in the Era of Globalization
Edited by Emmanuel Obuah
Organizational culture was earlier ignored as a vital tool in accounting for organizational performance in
that it refers to the taken - of granted values (Wilkins, 1985), underlying assumptions, expectations,
collective memories and detractions present in an organization (Cameron and Quinn, 1999).
Aims and Objectives
The aim of this study is to diagnose what are the existing organization management culture styles in
Nigerian banks of different generations, 1st, 2nd and 3rd generation banks.
The study also aims at determining how effective are these management culture styles in terms of
attainment of organizational goals and objectives.
The study is limited to commercial banks of three generation since other different kinds of bank do exist.
The first generation bank refers to a bank formed before 1980, while the second generation bank refers to
a bank form before 1995 while the third generation bank is a bank form within 1996 to date.
Statement of Research Problem
The management of organization culture in Nigerian firms and organizations is developing though very
few literatures exist to confirm or deny these.
It has been established by psychologists and managing professionals alike, that organization culture plays
an important role in the success or otherwise of the organizations. Certain cultural styles are being
practiced noticeably in Nigerian banks and petroleum companies, which implies culture exists, but which
culture?
How effective is the culture in attainment of organizational goals and objectives?
Thus there exist the need to understand which type of organizational culture management styles that are in
practice in these banks.
Relevance of Study
The study is important to existing banking industry. It will be beneficial, as it enables them know and
understand what type of organizational culture management they are practicing, whether consciously or
unconsciously practiced, and the limitation of such cultural style to the attainment of organizational goals
and objectives.
It answers the question of their ineffectiveness in the midst of advanced technological know - how, and
other well defined conditions which characterize successful companies (Porter, 1980). The study
establishes the discrepancies between current and preferred culture, it’s strength and congruence of the
culture profile.
The study is be of particular relevance to policy makers and key players of the banking and financial
industry as it enlightens them on the need to adopt a particular type of culture for the development of the
industry, it also contributes to employee’s knowledge of how committed they are to the attainment of
organizational goals and objectives.
Literature Review
The theoretical background, which forms the backbone of this research, is that described in the competing
values framework of Cameron and Quinn (1999).
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