Investigation of the organisational culture
The financial sector has paid a lot of attention to their products, services and processes in recent years. The customer's interests are often addressed in the mission, vision and core values. Nevertheless, this does not always result in the desired outcome for the customer. More insight is required in order to discover the root causes for this. A way to obtain that insight is to conduct an investigation into the organisational culture.
The link between the formulated policy and the ultimate results, are the employees in the organisation who have to take the decisions in daily practice. With an investigation into the organisational culture, we can obtain insight into what extent the customer's interests or the public's interests play a role within the organisation. More specifically, an investigation is conducted into which factors employees experience in their work that encourage or form an obstacle to putting the customer's interests first.
Investigation into error management culture
Many financial companies state in their strategy that it is their ambition to be a learning organisation. However, it does not appear to be recognised and acknowledged everywhere that dealing with errors is a crucial factor in this. Scientific research shows that error management culture contributes to the ethical behaviour of employees, a better quality of service to customers and a better performance of the company. Dealing openly with errors supports a healthy organisational culture.
The survey that is used is based on scientifically validated scales and brings forward how organisations deal with errors and the opportunities for improvement. This investigation can be done as a benchmark study across organisations or as an individual investigation where departments can be compared with each other. The impression of the survey error management culture gives you an example of what a survey looks like. It doesn’t contain the complete survey but highlights a few questions for each construct.
Investigation of capacity for change
An organisation's capacity for change is the degree in which groups of people within this organisation are willing and able to actually implement ambitions and plans and get these to work. Are the plans that are drawn up actually implemented?
The investigation of the capacity for change focuses on obtaining insight into both the patterns that form an obstacle for the success of a change and those that facilitate a change. To this end, a number of changes are investigated per organisation. These are changes that aim to promote the careful provision of financial services to customers.
The investigation does not give a qualitative assessment regarding the direction of the change, but examines how the change is implemented. The success factors and the obstacles that play a role in this. A positive example is a strong translation of the vision to the workforce by means of exemplary behaviour by the management. In contrast a negative example is insufficient elaboration of the change plan to the daily activities due to a lack of support and monitoring by the senior management.
Investigations at audit firms
We provide assistance to our colleagues on the supervision of audit firms for behaviour and culture investigations.