Case Analysis

MEMORANDUM Date: November 16, 2004 To: Professor Truex From: Ben Crist Subject: Case psychoanalysis: first-class honours degree faithfulness Bancorpo symmetryn Introduction In the ever changing banking industry, prototypical faithfulness Bancorp had grown to be one of the largest holding companies of eight monetary institutions and over five hundred branches. Their gain has been through the acquisitions of other little institutions and internal growth generated by strong relationships with customers. This growth has love at a bell and outset fidelity has been left-hand(a) with a complicated conflate of systems, trading operations, and organisational culture. First fidelity takeed the eight pecuniary institutions to run totally independent of from each one other and the embodied office solely managed the integration of the financial reporting responsibilities. The non-integration of systems and operations has also left First Fidelity with higher cost and the need to make changes which will allow them to be free-enterprise(a) in the future. By the early 1990s First Fidelity had begun to integrate some of the operational functions, still had yet to colligate them further. Due to changes in banking regulation, the US government activity had begun pass down on new rules on financial reporting, addition quality, and capital requirements for the banks.

The government wanted better controls from focal ratio management and the only way First Fidelity could contract this was to integrate systems, management, and combine all eight financial institutions into a more consolidated with less autonomou! s feel. Management do this their highest priority and put a strict deadline of 18 months on this task. This deadline put two major decisions directly ahead of First Fidelity, organizational structure and method of achieving the teeming integration. In measure to evaluate the full impact of their decision on organizational structure changes, First Fidelity looked at the following criteria: cost Effectiveness Responsiveness to Business Needs...If you want to get a full essay, order it on our website: BestEssayCheap.com

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