Managing Employees in the changing environment with special reference to Banking Sector

Environment is dynamic in nature as nothing is static in this world. The whole world is accelerating towards competitiveness, so every one is trying to accept the changes and get benefited by those changes. But some of them are not ready to accept those changes means they resist to those changes. Same phenomena happen in banking sector also. Changes are necessary to survive in the competitive world because jobs are becoming more challenging, diverse, Multifaceted and more technological. But in changing scenario most employees are not ready to accept change due to fear factor like fear of job insecurity, fear of new responsibilities, fear of innovation etc. At this crucial time organization have take new initiative to reduce the fear of employees associated with change, so that they can manage the employees in a better form. Then only organization can achieve its reliance and attain successful change management.