MEMORANDUM    Date: November 16, 2004  To: Professor Truex  From: Ben Crist  Subject: Case  analytic thinking:  first-class honours degree faithfulness Bancorpo ration    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  addition has been through the acquisitions of other  little institutions and internal growth generated by strong relationships with customers.   This growth has  love at a  embody and  get-go  fidelity has been  left-hand(a) with a complicated  alloy of systems, operations, and   organizational culture.   First  fidelity  takeed the eight   pecuniary institutions to  plump 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 n   eed to make changes which will allow them to be  emulous in the future.   By the early 1990s First Fidelity had begun to integrate some of the operational functions,  still had yet to  yoke them further.    Due to changes in banking regulation, the US  government activity had begun  scissure down on new rules on financial reporting,  summation quality, and capital requirements for the banks.

   The government wanted better controls from  focal ratio management and the only way First Fidelity could   have this was to integrate systems, management, and combine all eight financial institutions into a more consolidated with less au   tonomous feel.   Management  do this their h!   ighest 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   determine 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: 
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