MANAGEMENT OF CHANGE IN THE BANKING SYSTEM
In 1981, partial liberalization of the banking industry, tough competition and unstable economy, drove to major changes at Bank of America Corporation. Between 1985-1987 the bank lost 1,8 billion $ and First Interstate BankCorp threatened with hostile takeover; FED urged shareholders to recapitalize the bank. Through a very tough plan of changes management and clear target, Bank of America became one of the leaders in the financial world. To reveal this potential for changes in the Romanian Banking System, this study includes a survey made on 4 banks, meaning more than 30% market share as assets and 10% as number of banks, with a sample of 9 employees per bank. The results shows that the Romanian banker is a good changes anticipator, he detains the energy of changing but he is not so willing to change; he is an analyst as profile and the environment is encouraging the change.
Year of publication: |
2010
|
---|---|
Authors: | Student, Valentin Stanciu Ph. D |
Published in: |
Annals of University of Craiova - Economic Sciences Series. - Facultatea de Economie şi Administrarea Afacerilor, ISSN 1223-365X. - Vol. 2.2010, 38, p. 10-10
|
Publisher: |
Facultatea de Economie şi Administrarea Afacerilor |
Subject: | change management | banking | financial and economical crisis |
Saved in:
freely available
Saved in favorites
Similar items by subject
-
LEADERSHIP AND THE TEAM, VITAL ELEMENTS OF MANAGEMENT IN THE BANKING SYSTEM
Student, Valentin Stanciu Ph. D, (2010)
-
Diener, Florian, (2020)
-
Smuda-Kocoń, Marlena, (2019)
- More ...
Similar items by person
-
LEADERSHIP AND THE TEAM, VITAL ELEMENTS OF MANAGEMENT IN THE BANKING SYSTEM
Student, Valentin Stanciu Ph. D, (2010)
- More ...