Restructure at Metro Bank-Case study-report

Case Analysis electron tube Bank is a Large Bank with several(prenominal) speed of light branches across the nation. The belong along with?s main goal is to amplify the bank?s profits, although they argon generating healthy profits, they feel they expect potential for more if they scrubby down several of their littler regional branches. Eighteen months ago, Metro Bank?s Board appointed David Armstrong as its chief operating officer with the objective to generate more profits for Metro bank, with a four year edit out that undertakes to join him a $1 million bonus at the end of his promise if he met their expectations. David Armstrong, CEO is an utmost(a)ly prospered banker with a fifteen year give in the banking field. He?s a directive leader and always expects things do his way which reduces the number of his fans. The board cognizant David of their goal and assured him that unless he came up with a advance solution to attach the Banks profits, he would have to go leading and downsize the banks operation. David, alone, worked hard to drive to come up with an alternative, but afterward reviewing the numbers he reached the conclusion that he would have to downsize, hitherto completely tightly fitting down several branches, affecting a total of 70 branches to reach that goal.

The next morning, David called Karen Marshall, Group functional Manager to a meeting to inform her of his decision to downsize and close some branches. He needs Karen?s input on how to inform customers and employees and wants it to be completed within maximum 6 months. Karen?s blow out of the water!K aren Marshall has been with thermionic vacu! um tube bank for seventeen years, she worked her way up to Group running(a) Manager. She is admired by everyone due to her extreme involvement with stave and consideration of customers. However, she was overwhelmed because despite her long experience she has... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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