Leaders of life insurance companies in the United States are faced with a growing need to lead their organizations through significant organizational change in response to unprecedented shifts in the global marketplace. The purpose of this study is to explore the perceptions of organizational climate and organizational change on the part of 10 senior business leaders in the life insurance industry who self-identify as exhibiting transformational leadership style. The study is a qualitative research design using an exploratory method. Data from interviews, observation, and document review were collected and analyzed. Three desired outcomes were achieved from this research. First, while there has been a significant amount of research on organizational climate, transformational leadership style, and organizational change, respectively, the study suggests relationships between these phenomena that provide business leaders in the life insurance industry with new insight on how to prepare for and adapt to their rapidly changing competitive environment. Second, the study provides a primer for the development of senior business leaders including new or alternative strategies for identifying and developing business leaders who are capable of leading their organizations into the future. Third, the findings of this study should stimulate dialogue within the professional community of researchers, consultants, educators, business leaders, and human resources because it revealed actionable information that could facilitate further research in the areas of organizational climate, transformational leadership, and organizational change.
|Subjects||Business administration; Management; Occupational psychology|
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