https://management.eurekajournals.com/index.php/GJIBED/issue/feedGlobal Journal on International Business and Economics Development (Online ISSN: 2581-3447)2024-06-19T08:40:30+00:00Eureka Journalsadmin@eurekajournals.comOpen Journal Systems<p style="text-align: justify;"><em><strong>Global Journal on International Business and Economics Development (GJIBED)</strong></em> is a scholarly peer review, refereed journal<em><strong> </strong></em>from the boquet of Eureka Journals which has its objective of the publication and dissemination of original work in all fields of Business and Economics Development. It fosters thus the exchange of ideas among researchers in different places and also among researchers who emphasize on different aspects of the foundations and applications of the field. The journal focuses on a fast peer review process of submitted papers to ensure accuracy, relevance of articles and originality of papers.</p>https://management.eurekajournals.com/index.php/GJIBED/article/view/892An Evaluation of Change Management Initiatives on Employee Productivity in a Jamaican-based Financial Institution: A Case Study of Purple Bank2024-06-19T08:40:30+00:00Clarence Thomasinfo@eurekajournals.comLena Peartinfo@eurekajournals.comMario Smithinfo@eurekajournals.comOneil Henryinfo@eurekajournals.comOrlando Maynardinfo@eurekajournals.comRoselin Kennedyinfo@eurekajournals.comRuth Lawrenceinfo@eurekajournals.comStacy Iveyinfo@eurekajournals.comPaul Andrew Bourneinfo@eurekajournals.com<p>In today's corporate landscape, continuous change is essential for organisations striving to remain competitive and relevant. However, many change initiatives face significant obstacles, resulting in low success rates. This study explores the influence of change management initiatives on employee productivity within a Jamaican-based financial institution, specifically Purple Bank, over the past three years. The research aims to evaluate the impact of change leadership on employee productivity, examine the correlation between employee engagement and productivity, and assess the role of change communication in influencing productivity levels at Purple Bank. Utilising a case study research design, the study adopts a mixed methods approach to collect quantitative and qualitative data, providing a comprehensive understanding of the effects of change initiatives on employee productivity. The target population consisted of 28 units with a total of 448 employees. A sample size of 157 employees was selected through simple random sampling. Primary data was gathered using questionnaires and semi-structured interviews. Data analysis was conducted using descriptive and inferential statistical techniques to address the research questions rigorously. Findings revealed a moderately statistical solid correlation between change leadership and employee productivity, underscoring the importance of effective leadership in driving successful change. Additionally, qualitative insights indicated that employee engagement significantly influences productivity and that leadership is critical in motivating and enhancing employees' performance. This study concludes with actionable recommendations to address identified limitations and weaknesses. Future research should delve deeper into specific change management strategies and their effectiveness. Moreover, policy changes at Purple Bank should focus on enhancing leadership capabilities, improving communication channels, and fostering a culture of employee engagement to optimise productivity during change initiatives.</p>2024-06-19T08:40:29+00:00