Eastern Bank is a young universal bank in the country. Managed by qualified bankers, the bank can be proud of its roster of top and middle managers who are competent, business oriented, and non-politicized. For the past few years, they have embarked on the mass computerization program. Each branch is equipped with a state of the art computerization infrastructure. Hence, their processes and operation are efficient and accurate. Moreover, Eastern Bank has a dynamic human resource program. Their employees are approachable and accommodating. Given the changing environment and stiff competition in the universal banking industry, the top, and middle managers of Eastern Bank are characteristically pro-active. They review their strategic plans periodically and as the need arises. In fact, they have set aside a percentage of their quota of agribusiness loans.
To capture a bigger slice of the market, Eastern Bank established branches in many locations that were oftentimes redundant and unprofitable. Because of these aggressive stands, Eastern Bank today is confronted with problems arising from over expansion. These concerns include non-collection of overdue loans and unethical behavior displayed by a few of its employees. Analyze the facts presented in this case. What solutions can you propose to address the issue/s at hand? Use the case method below.
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businessoperations managementoperations management questions and answersstrategy case: eastern bank eastern bank is a young universal bank in the country. managed by qualified bankers, the bank can be proud of its roster of top and middle managers who are competent, business-oriented, and non-politicized. for the past few years, they have embarked on a mass computerization program. each branch is equipped with a state
Question: Strategy Case: Eastern Bank Eastern Bank Is A Young Universal Bank In The Country. Managed By Qualified Bankers, The Bank Can Be Proud Of Its Roster Of Top And Middle Managers Who Are Competent, Business-Oriented, And Non-Politicized. For The Past Few Years, They Have Embarked On A Mass Computerization Program. Each Branch Is Equipped With A State
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Strategy Case: Eastern Bank
Eastern Bank is a young universal bank in the country. Managed by qualified bankers, the bank can be proud of its roster of top and middle managers who are competent, business-oriented, and non-politicized. For the past few years, they have embarked on a mass computerization program. Each branch is equipped with a state of the art computerization infrastructure. Hence, their processes and operations are efficient and accurate. Moreover, Eastern Bank has a dynamic human resource program. Their employees are approachable and accommodating. Given the changing environment and stiff competition in the universal banking industry, the top, and middle managers of Eastern Bank is characteristically proactive. They review their strategic plans periodically and as the need arises, they have set aside a percentage of their quota for agribusiness loans.
To capture a bigger slice of the market, Eastern Bank established branches in many locations that were oftentimes redundant and unprofitable. Because of this aggressive stance, Eastern Bank today is confronted with problems arising from over-expansion. These concerns include the non-collection of overdue loans and unethical behavior displayed by a few of its employees. Analyze the facts presented in this case. What solution can you propose to address the issue/issues at hand? Use the case method.