Preview

Case Study Solved - a Day in the Life of a Bank Manager

Satisfactory Essays
Open Document
Open Document
679 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Case Study Solved - a Day in the Life of a Bank Manager
CASE STUDY 1 – A DAY IN THE LIFE OF A BANK MANAGER Q1: To what extent does Wong Gillmore’s day coincide with the managerial work methods identified by Mintzberg? What roles are evident in her activities? After reading the case study of Marjorie Wong Gillmore, a bank manager at the Milpitas branch of Bank of America, we can easily see that her activities conform to a great extent to the observations made by Henry Mintzberg. We see that her day is occupied with a lot of small activities performed at a feverish pace which includes meeting with potential clients, reviewing team performance, holding staff and general meetings and absorbing the extra workload with her team. Her day starts early and to accommodate meeting new customers, she has to conform to a very busy schedule. She usually plans her day ahead and prioritizes tasks that need to be performed on the next working day which signifies that as a Manager she has to perform a lot of varied, brief and fragmented activities with disruptions. As part of her job, she has to network socially with new customers, local community and her own staff. We can see that she is performing multiple roles in her job. She is a middle manager with two assistant managers looking after the day to day operations of the branch. Her interpersonal roles signify her as a leader who is motivating her employees for high performance, pitching in with them whenever and wherever needed. She also acts as a liaison between the bank and its customers. Q2: Identify the planning, organizing, leading, and controlling functions performed by Wong Gillmore. A list of Wong Gillmore’s activities are classified below according to the four managerial functions. Planning Activities Meeting with customers. Strategy planning for signing up new customers. Planning ahead for the customer campaign *Organizing Acti*vities Information dissemination to employees. Operation scheduling for customer operations. Resource

You May Also Find These Documents Helpful

  • Satisfactory Essays

    1. What are the core business processes1 (i.e. high level; major business and financial services) performed at Bank of America as part of its product and service offerings?…

    • 459 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    According to Robbins and Judge (2011), Managers get things done through other people. As simplistic as that may sound, this singular function encompasses various functions that require an individual to utilize multiple skills and act in numerous roles. Henri Fayol breaks the managerial function down into 4 major categories; planning, organizing, leading, and controlling. As a manager steps into each of these functions, he/she must take on one of the 2 role categories that are defined by Henry Mintzberg. The interpersonal role which encompasses functions such as being the symbolic face of the organization, maintaining ties with people outside of the organization to gather information and forming a vision for the organization that motivates the employees. The informational role which includes activities wherein the individual monitors information, digests it and disseminates it within and without the organization. And finally the decisional role wherein the individual makes decision regarding the resource allocation, long-term planning organization and dispute resolution. In this paper I will examine 2 distinct organizations, one…

    • 1296 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Charter Bank Case Study

    • 992 Words
    • 4 Pages

    World Wide Tracers, Inc. to Metropolitan Protection, Inc. completed a security agreement and financing statement in favor of World Wide. In order for the agreement to be valid, the collateral must be written clearly, consist of the debtors, promise of repayment, settle the creditor’s rights at the time of the debtor’s nonpayment and has to be signed by the debtor. Therefore, the security agreement was entered with the Minnesota secretary of state with all the documents needed.…

    • 992 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The Canadian National Bank is a case involving employee grievances and ethical issues. On February 26, 1997, Lesley Mahon was shocked and upset about the serious allegation complained formally by her subordinate—Pam Stewart to the "National Committee for Employee Concerns"(NCEC). She was wondering if there was any action to take to solve the problem. This situation was a breakout of their conflicts in a long period. The main two causes of the issues were Lesley’s leadership and Pam’s obstinacy. There were different kinds of actions that Lesley could take, and finally she should talk to her subordinate to analysis and understand the motivation and behavior of a difficult employee to solve the problem thoroughly, and at the same time learn experience from this crisis.…

    • 1067 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Century National Bank has offices in several cities in the Midwest and the southeastern part of the United States. Mr. Dan Selig, president and CEO, would like to know the characteristics of his checking account customer. To better understand the customers, Mr. Selig asked Ms. Wendy Lamberg, director of planning, to select a sample of customers and prepare a report. To begin, she has appointed a team from her staff and the team has selected a random sample of 60 customers. All the information gathered is tabulated in the table below:…

    • 2139 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Wells Fargo Bank pursued older people. Older people tend to trust bankers. Immigrants were also pursued. The bank told immigrants that they did not need social security numbers to open accounts. As if all this was not enough. Bank management pressured employees to open new accounts. Managers would set targets every day. They would single out workers who did not meet goals. Workers quit or were fired. Some employees said the pressure was so intense that it made them ill. The head of Wells Fargo Bank resigned when the facts of the scandal became public. There is a movement to have all the people who bank at Wells Fargo Bank close their accounts. The date for the mass closing of accounts is November 12, 2016. In summary, Wells Fargo Bank committed…

    • 160 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Royal Bank of Canada is Canada's number 1 bank in whole North America by assets and market capitalization and is the leading North American financial services organization. Royal Bank of Canada and its divisions operate with the brand name of RBC, giving different kinds of personal and commercial banking, insurance, investor, wealth management and wholesale banking services in whole world. RBC serves business, public sector, rich and poor and institutional clients through their branches spread all over Canada, US and about 49 other countries, including the UK and other select parts of Europe and…

    • 95 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    In the case, Dr Alfred Brownlow has four senior department, they are Richard Cranverry (director of biotechnology), Brenda Frame (Chief scientific officer), Fred Windows (Financial director) and Judith Smythe (Sales &Marketing director). They all have their responsibilities and authorities.…

    • 2366 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    citibank case study

    • 687 Words
    • 2 Pages

    1. I believe that the provisions made to the Dodd Frank Act that mandates advisory shareholder votes on executive compensation was a good change. I agree with this provision because I believe that the shareholders should ultimately have a say I'm what sort of compensation the executives of the company are taking. They are the real company owners and it's their money that's on the line if Citibank doesn't succeed. In the recent recession their track record hasn't been great. Citi recently failed a stress test done by the federal reserve to see if they had enough capital in their reserves to combat a severe downturn. They are currently ranked in the bottom 3 of the 17 banks according to forbes. At the same time the CEO is proposing that he gets paid a 1.7 million dollar salary with a cash bonus of 5.3 million dollars. If that isn't enough that was only a portion of the 15 million dollar package to paid to him over four years. With citi in the current state they are in the executives should not be taking this much money as compensation. They are draining valuable capital that could be used to fix the problems that they already have. The shareholders should have the last say on if this can be allowed because that's money coming out of their pockets. Not the executives.…

    • 687 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Case Study: Wells Fargo

    • 1540 Words
    • 7 Pages

    Crisis: On September 8, 2016 it was revealed by the Consumer Financial Protection Bureau that Wells Fargo created more than 2 million fake bank accounts or credit cards by inputting real customer information without their consent. The Consumer Financial Protection Bureau along with the Los Angeles City Attorney and the Office of the Comptroller of the Currency, have fined Wells Fargo $185 million dollars. Federal banking regulators state that Wells Fargo has been committing this fraudulent activity since 2011. Since the scandal made headlines, Wells Fargo fired over 5,300 employees that were involved in cross-selling banking practices.…

    • 1540 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Corporate America today has evolved into what can be seen as a world of its own. There are many different factors that play into a business and how a business functions. A manager is a key ingredient to a functional business; this will be a detailed analysis of how a manager is important to different areas of business as a whole. The functional areas of business include; management, law, human resource management, leadership, accounting, finance, economics, research and statistics, operations management, marketing, and strategic planning. For the purposes of this paper the author has elected to discuss only…

    • 1035 Words
    • 5 Pages
    Good Essays
  • Best Essays

    Mintzberg, H. (1977) “The manager’s job: folklore and fact’, Harvard Business Review, 55 (44): 49-61.…

    • 5110 Words
    • 21 Pages
    Best Essays
  • Powerful Essays

    Can Bank of America initiate, renew or terminate different sponsorship opportunities. Which of the different sponsorships will have the biggest ability to help the bank’s business segments accomplish there business objectives, and which ones could damage them.…

    • 786 Words
    • 3 Pages
    Powerful Essays
  • Better Essays

    Managers are essential for any type of business in order to succeed. They are specialists required to perform a particular set of specialized roles that are dependent on the functional area in which they work [1]. Their rule cannot be ignored. They are the ones who are responsible of planning, organizing, commanding, coordinating, and controlling [2]. This paper is designated to study the role of managers in the different functional areas of any business. But what are the functional areas of any business? What are the types of managers and what skills they need to have for each functional area? The following shows the answers for each question.…

    • 949 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Leadership Journals

    • 3634 Words
    • 10 Pages

    Upon completion of the Mintzberg’s managerial role, I was able to understand the different facets that a Manager needs to have and also the various roles a manager must be able to fulfil daily to be considered a successful leader. The Analysis sheds more light on each of these roles and they include: the Figurehead, the Leader, the Liaison, the Monitor, the…

    • 3634 Words
    • 10 Pages
    Powerful Essays

Related Topics