A Model for Implementing Think Tanks in the Banking Industry: Grounded Theory Approach

Document Type : Original Article

Authors

1 PhD Candidate, Department of Human Resource Management, Faculty of Management, University of Tehran, Tehran, Iran.

2 Prof., Department of Business Management, Faculty of Management, University of Tehran, Tehran, Iran.

3 Assistant Prof., Department of Business Management, Faculty of Management, University of Tehran, Tehran, Iran.

4 Associate Prof., Department of Human Resource Management, Faculty of Management and Accounting, Allameh Tabataba'i University, Tehran, Iran

Abstract

Background & Purpose: Organizations consider the participation of their stakeholder as a way to strengthen the resilience of their institutions. Financial institutions and banks are also paying attention to these strategies in today's turbulent world. But there is still no consensus on the structures and processes on which it created such a climate. This research provides a model for the implementation of the think tank as one of the important types of these structures and processes in the banking industry.
Methodology: The study is descriptive-exploratory in terms of methods and fundamental in terms of purpose. The research approach is qualitative and used interviews to collect data. The study participants were managers and experts in the banking industry who were selected by purposive sampling. The interviews were continued until the analysis of the interviews and the model reached the theoretical saturation. Saturation was created after 12 interviews. Data analysis was performed using the Glaser grounded theory in three stages of open, axial and selective coding.
Findings: A total of 169 signs of open source interviews were categorized into 20 main concepts that, considering the 6C framework in 6 main categories including organizational capacities , idea flow, organizational barriers actions, structure and development.
Conclusion: The successful formation and establishment of think tanks using the proposed model can help financial institutions and banks to repair their decision-making system, which in the current situation has caused a lot of damage due to dependence on organizational bureaucracy.

Keywords

References

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History

  • Receive Date: 11 January 2021
  • Revise Date: 12 February 2021
  • Accept Date: 17 February 2021

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