Change Management@Icici

CHANGE MANAGEMENT@ICICI Case Code-_HROB008 Published-2002 _ _What role am I supposed to play in this ever-changing entity? Has anyone worked out the root word on which roles are being allocated today?_ - A nerve centre level ICICI manager, in 1998. We do put people on a lower floor stress by raising the bar constantly. That is the only modal value to ensure that performers lead the change process. THE CHANGE LEADER The discontentedness among employees further increased, when Kamath formed specialist groups within ICICI resembling the structured projects and infrastructure group. Doubts were briefly raised regarding whether Kamath had gone too fast too soon, and more importantly, whether he would be able to steer the employees and the organization through the changes he had initiated. BACKGROUND NOTE ICICI was established by the Government of India in 1955 as a public limited company to gain ground industrial development in India. The major institutional shareholders were the whole Trust of India (UTI), the Life policy Corporation of India (LIC) and the General Insurance Corporation of India (GIC) and its subsidiaries.

The equity of the corporation was supplemented by borrowings from the Government of India, the mankind Bank, the training Loan Fund (now merged with the Agency for outside(a) Development), Kreditanstalt fur Wiederaufbau (an agency of the Government of Germany), the UK government and the Industrial Development Bank of India (IDBI). The basic objectives of the ICICI were to assist in creation, expansion and modernization of enterprises encourage and promote the participation of private capital, both intrinsic and external take up the ownership of industrial enthronization; and expand the investment markets. Since the mid 1980s, ICICI diversified rapidly into areas like merchant banking and retailing. In 1987, ICICI co-promoted Indias first credit rating agency, ascribe Rating and Information Services of India... If you want to get a full essay, order it on our website: Orderessay

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