Wednesday, April 6, 2016

AXA Fear Management

Image result for dictatorAIA, Prudential & GE produced more than RM900 million new premiums each versus AXA RM60 million. This 3 top insurer's success can be traced to a professional management style focusing on RESPECT-based management. AXA uses FEAR-based management style to intimidate and humiliate its agency.

Fear-based management style is counter- productive. AXA mistook fear for respect and bullying for motivation. If you want to be obeyed and respected - you better understand the difference between the two management styles.

Controlling people through fear has been around for many years in the military and in slavery. AXA employs fear-based management where staff and agency are controlled and being treated unfairly and poorly. Example:-

·         Intimidation, humiliation and bullying

·         Marginalization, withdrawal of benefits and privileges

·         Demotion of agency

·         Suspension of agency

·         Termination of agency

Fear-based management breeds manipulation and resentment resulting in staff and agency sabotaging the company. It hinders success leading to high employee/agency turnover, which equates to loss of investment, capital, resources, and time.

Fear is something that is demanded, while respect is something that is earned. AXA can force someone to do tasks, but no amount of fear can force someone to do more than what is required of him. Fear, in essence, can't make anyone care for the company.

AXA needs to encourage productivity and efficiency, but this cannot be achieved by fear-based management. Anyone - considering joining the life insurance industry, AXA should not be in your radar. If you are an agency in AXA – it is highly likely that you will catch terminal cancer due to a toxic fear-management environment. You should leave and join AIA, Prudential or GE, where you stand a better chance to succeed in a company that is professionally managed.  

2 comments:

  1. Hi,

    I saw your comment on Free Malaysia Today (FMT) about Union Busting which lead me to this blog.

    Im of one the writer for independent newspaper Solidariti Pekerja, an initiative by students and working people around Klang Valley. We're not just writing issue that affecting majority working people, we're also actively involve in running worker's right campaign on weekly basis.

    Through the campaigning, we managed to assist a good number of worker's issue in their workplace such as : unfair dismissal, unsafe working condition, EPH , and also dealing with dictatorial management in the case of Atlas workers ( Ice production & distribution ). Refer link here : https://www.facebook.com/solidaritipekerja/photos/pb.533841856656592.-2207520000.1462006288./1088354711205301/?type=3&theater

    Last but not least, we're willing to work hand-in-hand with your side with regards to the issue written in the blog. We'd really like to share our experience in workers' issue with you and your colleague.

    For any doubts, you can just ask me through FB message or my email
    er8nick@gmail.com

    Looking for forward to hear from you.

    Thanks
    Eric

    ReplyDelete
  2. If you are a wife & being abused by your husband in a marriage - you should seek help, pack-up & leave. An agent is a representative (not employee) of axa affin. The insurer has no contractual right to abuse, bully or humiliate you. This dictator can easily bully you - one-by-one- because you agencies are not organize. Quickly organize, stand-up and say "NO" to bullying. Get assistance from Solidariti Pekerja

    ReplyDelete

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