Reference no: EM13949618
Case Study- Second National Bank
The management staff of Second National Bank is holding their third annual strategic planning retreat at the Water's Edge Country Club. Because of your low handicap, you have been invited to fill out the second foursome for the afternoon golf match. As a recent graduate, you look forward to the opportunity to listen to the discussions in the morning planning meeting.
"I'm disappointed that more progress has not been made," begins President and CEO Richard Miller. "At last year's strategic planning retreat we developed an extensive strategic plan. But today, I don't see that we are much different than we were before we developed the plan."
"What were some of the things we included in the plan?" asks VP Sharon Rock. "I remember our meeting and I'm sure that I got a copy of the plan, but I don't remember any of the specifics, Let me call my secretary and have her bring my copy here. I think it is on my bookcase. This won't take more than 15 minutes. Can we defer our discussion of the strategic plan until then?"
"Let's take our mid-morning break now to give your secretary time to get here with the plan. Does anyone else need her to bring your copies?" Several hands go up, a list is made, and everyone moves to the break area for coffee and donuts.
After the break, when everyone has their copies of last, year's strategic plan, Miller begins a point-by-point review of the plan. "We agreed last year that we were going to be known as the friendliest bank in our area. What have we done about that?" After an embarrassing pause, Bob Wilson, the VP of operations begins, "Well, right after that meeting, I met with our tellers and clerks and reminded them to smile more when dealing with our customers." "Remember, we added the slogan 'Exxor County's Friendliest Bank' to our weekly advertisement in the county newspaper," adds Stone. "Yes, but how effective have these actions been? Are we friendlier now than last year?" Miller was frustrated that no-one could provide any definitive evidence one way or the other.
The review continued item by item in much the same way, then the meeting turned to creating the strategic plan for this year. After much discussion, it is agreed that, with a few minor modifications, last year's plan will work well for this year With that business out of the way, it is time for lunch and golf
1. What do you think of the idea of having an annual off-site retreat for top management to develop the strategic plan for the organization?
2. Critique the planning process for the Second National Bank.
3. CEO Miller is obviously disappointed in the progress that the bank has made during the past year If you were invited to play golf in his foursome and he asked your opinion, what would you say to him?
|
Dew point temperature of combustion products
: 1. Butane (C4H10) burns with air, giving products having the dry molar analysis 11.0% CO2, 1.0% CO, 3.5% O2, 84.5% N2. Determine (a) the percent theoretical air. (b) the dew point temperature of the combustion products, in 8C, at 1 bar.
|
|
Determine the equivalence ratio
: The components of the exhaust gas of a spark-ignition engine using a fuel mixture represented as C8H17 have a dry molar analysis of 8.7% CO2, 8.9% CO, 0.3% O2, 3.7% H2, 0.3% CH4, and 78.1% N2. Determine the equivalence ratio.
|
|
Analysis of products on a dry molar basis
: 1. Octane (C8H18) is burned with 20% excess air, yielding CO2, CO, O2, H2O, and N2 only. If 5% of the dry products (molar basis) is O2, determine (a) the balanced reaction equation. (b) the analysis of the products on a dry molar basis.
|
|
Determine the percent of theoretical air
: Hydrogen (H2) enters a combustion chamber with a mass flow rate of 5 lb/h and burns with air entering at 858F, 1 atm with a volumetric flow rate of 75 ft3/min. Determine the percent of theoretical air used.
|
|
Critique the planning process for the second national bank
: What do you think of the idea of having an annual off-site retreat for top management to develop the strategic plan for the organization? Critique the planning process for the Second National Bank
|
|
Some companies common stocks pay cash dividends
: Some companies' common stocks pay cash dividends, while others' do not. However, most bond issues do pay periodic interest. The preferred stock financing option also pays a dividend. Based on your readings, please respond to the following question..
|
|
Determining the relative humidity
: Propane (C3H8) burns completely with the theoretical amount of air at 608F, 1 atm, 90% relative humidity. Determine
|
|
Calculate partial measures of productivity for current year
: Calculate the partial measures of productivity for the current year and for the two settings. Which of the two settings signals an increase in productivity for both inputs?
|
|
Is there an effect due to development time
: Is there an effect due to development time? Plot the mean density for each developer strength for each development time.
|