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Proactive Organizational Structure in Financial System

Proactive Organizational Structure in Financial System

Korhan Arun, Tekin Yenigün
Copyright: © 2015 |Pages: 12
ISBN13: 9781466674844|ISBN10: 1466674849|EISBN13: 9781466674851
DOI: 10.4018/978-1-4666-7484-4.ch024
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MLA

Arun, Korhan, and Tekin Yenigün. "Proactive Organizational Structure in Financial System." Handbook of Research on Behavioral Finance and Investment Strategies: Decision Making in the Financial Industry, edited by Zeynep Copur, IGI Global, 2015, pp. 393-404. https://doi.org/10.4018/978-1-4666-7484-4.ch024

APA

Arun, K. & Yenigün, T. (2015). Proactive Organizational Structure in Financial System. In Z. Copur (Ed.), Handbook of Research on Behavioral Finance and Investment Strategies: Decision Making in the Financial Industry (pp. 393-404). IGI Global. https://doi.org/10.4018/978-1-4666-7484-4.ch024

Chicago

Arun, Korhan, and Tekin Yenigün. "Proactive Organizational Structure in Financial System." In Handbook of Research on Behavioral Finance and Investment Strategies: Decision Making in the Financial Industry, edited by Zeynep Copur, 393-404. Hershey, PA: IGI Global, 2015. https://doi.org/10.4018/978-1-4666-7484-4.ch024

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Abstract

Technology alters the structure of the systems in the finance and service sectors. Nevertheless, technology has been chancing operating systems and as a source to the emergence of new business models. The boundaries of departments in enterprises are weakened and disappeared, these changes give rise to the emergence of showing less commitment in the behavior of employees. In modern business the survival of the organizations does not seem possible, which see success in reactive behavior of the strategy-structure-interaction classical triple. Critical success factor is based foresight and proactivity in all areas of operations including organizing. In this chapter, enterprise organizations' financial departments and resulting changes of structures of the financial sector entities, the effects of this structural changes in the operation system with the new business models is discussed, the tips on how financial system's agencies and departments can fulfill the requirements of proactive nature revealed is studied.

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