Carolyn Monroe on organizational restructuring
From Leading the Way: Carolyn Monroe on Steering Success at Old Republic Title · · Old Republic Title
“Not long ago I had to make a total restructuring decision within the organization that really turned a whole department upside down. It was the best thing for the company, but difficult because it usually involves people not being with your organization anymore. You have to be sensitive to that and do what's best for the company and the people left.”
On , Carolyn Monroe, Senior Vice President of Title Insurance at OLD REPUBLIC INTL CORP, spoke about organizational restructuring during Leading the Way: Carolyn Monroe on Steering Success at Old Republic Title on Old Republic Title.
About Carolyn Monroe
In a September 2024 podcast interview, Carolyn Monroe, Senior Vice President of Title Insurance at Old Republic Title, discussed leadership and the challenges facing the title insurance industry. Monroe described the regulatory environment as the industry's biggest challenge, noting that it varies regionally and requires knowledgeable staff. She also emphasized that the industry is dependent on the broader economy and housing market. Monroe stated that leaders must focus on what they can control, communicate openly with their teams, and adapt their communication styles to others rather than expecting others to adapt to them. Monroe shared that she recently made a "total restructuring decision" that turned a department upside down, describing it as difficult because it involved people leaving the organization. She advised leaders to trust their instincts, rely on trusted colleagues, and not be afraid to ask for help. Regarding technology, Monroe said that while AI and other innovations are interesting, companies should be cautious about investing in tools they may not need. She also stressed the importance of maintaining a professional network within the title industry.