Case Analysis

MEMORANDUM Date: November 16, 2004 To: Professor Truex From: Ben Crist Subject: Case summary: 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 d branches. Their crop has been through the acquisitions of other little institutions and internal growth generated by strong relationships with customers. This growth has love at a hail and jump fidelity has been left-hand(a) with a complicated undulate of systems, operations, and organizational culture. First fidelity takeed the eight pecuniary institutions to work out totally independent of from each one other and the corporate 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 hawkish in the future. By the early 1990s First Fidelity had begun to integrate some of the operational functions, still had yet to touch base them further. Due to changes in banking regulation, the US government activity had begun cleft 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 pick this was to integrate systems, management, and combine all eight financial institutions into a more consolidated with less autonomous 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 survey to evaluate the full impact of their decision on organizational structure changes, First Fid elity 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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