The Culture Transformation Achievement Award

Tascorp Logo

TASCORP is the central borrowing authority for Tasmania, supplying a range of financial products and services to Tasmanian State Authorities.

The CEO, John Hindmarsh, sees a major key to their transformation being the unearthing, and uncompromising adoption of shared values (quality, persistence and teamwork), which clearly defined TASCORP’s cultural intentions.

This has led to positive changes in team member’s intention to stay, role clarity, teamwork and cooperation, contributing to TASCORP achieving a significant increase in financial returns - a lift in ROE (Return on Equity) from 13.7% in the 2004/05 financial year to 17.5% in 2006/07

Download the Case Study

Culture Survey Results

Organisational Culture Inventory Test (2004) tascorp Test Circumplex
Organisational Culture Inventory Re-Test (2007) tascorp Retest Circumplex

Click circumplexes to enlarge.

IndustryFinancial Services
Customers State and local government enterproses in Tasmania
People 15
Assets$6 billion
Revenue$395 million
CEOJohn Hindmarsh
Internal Change AgentsSenior management team of Peter Blyth, Paul Fotzgerals, Brice Rose, Raewyn Tietjens, and John Hindmarsh
External Change AgentsMary Dwyer — Impact Solutions international,
Margherita Larne-Jones and Margaret Pimblett — Human Synergistics
HSI Tools UsedOrganisational Culture Inventory™ (OCI) (Preferred and Actual);
Organisational Effectiveness Inventory™ (OEI)
OutcomesIncreased intention to stay, role clarity and teamwork and cooperation contributed to achieving a significant increase in financial returns (a lift in ROE from 13.7% in the 2004/05 financial year to 17.5% in 2006/07).

Contact

Auckland

Neil McGregor
Senior Consultant
Ph: +64 9 309 9010
E-mail: neil@hsnz.co.nz

Wellington

Pam Wilson
Senior Consultant
Ph: +64 4 470 7700
E-mail: pam@hsnz.co.nz

Melbourne

Quentin Lawler
Client Service Manager
Ph: +61 (0)3 9675 0100
E-mail: lawler@human-synergistics.com.au

Sydney

Mary Megalaa
Business Development Manager
Ph: +61 (0)2 9271 5900
E-mail: mary@human-synergistics.com.au


® 2006 Human Synergistics (NZ) Ltd

© Human Synergistics International

Research and Development by Robert A. Cooke Ph.D. and J. Clayton Lafferty Ph.D..

Human Synergistics Australia Pty Ltd

Sydney NSW — Phone: +61 2 9271 5900
Melbourne VIC — Phone: +61 3 9675 0100
www.human-synergistics.com.au

Human Synergistics New Zealand Ltd

Wellington — Phone: +64 4 470 7700
Auckland — Phone: +64 9 309 9010
www.hsnz.co.nz