ABSTRACT

Ever since Freud pointed out the anal origins of money and its link to experiences in early childhood in the anal phase of psycho-sexual development, money unconsciously reflects ambivalent attitudes toward body products, the rich are "so rich they stink", and debtors are "up to their necks in shit." Financial institutions that produce money have to deal with the anal aspects of money. As organisations use leaders unconsciously for their purposes, so societies unconsciously use organisations for their purposes. Leaders in financial institutions are therefore the modern sacrificial priests who handle poison money and destroy goods when prosperity becomes threatening and guilt becomes great. Group relations consultation from a systems psychodynamic paradigm was applied to a transformation and change programme in a national financial institution. Qualitative in-house research was conducted to understand social dynamics during this transformation and change phase. The research aim was to inform a Leadership Development Programme (LDP) on how to accelerate transformation and change.