Pros
Not only is change in business inevitable, it’s also unavoidable. The mortgage industry changes are massive and to stay in this business will require hard decisions as to directions the organization will take and the people that are able to get you there. The management team at WCS has a plan in place to ensure that WCS survives all the coming changes. These types of massive changes scare employees because it’s taking away something familiar and introducing an unknown. Inevitably, this leads to a certain level of resistance from some the staff. These are employees that don’t understand why the change is happening and want no part of it. Their opposition can bog down the change process and counteract the companywide efforts being made. So you will hear that those individuals have a less than postive view on the company. I personally find the goal setting and long range plan refreshing in the world of non surpervised mortgage banking which historically has been transactionally based and no long term plan. I am excited to be a part of an organization on the edge of becoming a nationwide lender.
Cons
In the early stages of reorganization it can be unsettling. It is important to keep positive and your eye on the goal.