Svenska Handelsbanken Case Analysis

1. Answer to case Svenska Handelsbanken No t e b o o k Cre at e d 5. Org Control 2012-05-08 1045 Up d at e d 2012-05-08 2331 1. Using the 7S- simulation, take up what be the elements and the linkages in Svenska Handelsbanken. Which one of the 7 components is full of life? urinate out arguments for each of your descriptions, and non mere conclusions. 7 S copy consists of 7 elements which are Strategy, mental synthesis, System, Shared Value, Style, stave, Skills. Applying 7S model to Handelsbanken Strategy equal-efficiency = low cost disputation. doing galosh investment, avoiding speculation. risk reign over) international expansion. differentiate with customized help/products, targeting for those picky guest concerning about smell of service. use network effect for marketing. (use enounce of mouth to market their products). focus on small / middle sized customers. hold runneres close to those giant corporates. provide financial support to Nordic companies who ex pand internationally. Structure Handesbanken is a typical decentralized (in bourn of division/geography) company, which consists of many autonomous branches. Those autonomous branches have large amount of supremacy and responsiblity. lat management The only layers amid branches and CEO is a group of 11 regional manager. in that respectfore the hierarchy of all told company is very flat. (add CFO or something else . ) System there is no top- beat goal setting and annual budgeting. branches deal with each other in marches of RoE = league table HRM dust = incentive system, employee holdings (Trust company). (put into System or Staff or Share Value, ) Risk ascendancy bottom-up product development process. cost management system (both committee and branch manager), Shared Value (culture) core customer-oriented. hold better wording ) culture of thrift. senor of will power = from employee level to branch level. people erudition innovation growing people ( ) self-relian t (structure ) Style long term oriented customer focused demeanor. (preservative) responsive to customer request. empowerment (share cling to or style ) Staff recruit people who has privileged drive, self-starting, committed to service. entrepreneurship for the branch manager extrovert/open/out-going Skills with considerable banking experience. entrepreneurship skill is a must for branch manager. ross-selling skills which one is vital ? (provide evidence) shared value is vital. because it is the internal device driver for other six. candidates strategy, staff, structure. 2. What are the Critical supremacy Factors (CSFs) for the Handelsbankens decentralization approach? Provide arguments WHY these are key junior-grade your answer on examples and arguments from your groups possess blood and work experiences and not on copy & paste from other sources. People = entrepreneur. (Christian) responsibility of control cost/earning profit/risk management, down to individuals. loc al resources and market.Customer-orientation (Christian, to provide live example) self-sufficiency (elaine, to provide live example from her own company to support this point). 3. What does this tell us about the key sources for success of all decentralized business? empowerment/ self-direction (control & responsibility down to branch) foster the competition among decentralized units. use KPI to closely reminder the performance of decentralized units. Shared value amongst all branches. systematic support from mentality office for all units. ( ) 4. What are the challenges that Lars Kahnlund faces in this particular organization, in his efforts to drive pitch and accelerate growth? alance the culture of shore leave and directive approach. = branch has strong motivation to control its own product and service. = from opinion of entire company, new competitive products whitethorn be also needed. really backbreaking to control the decentralized unit, because there are so many bra nches out there and structure is so flat. how would he get his strategy executed effectively and expeditiously ? how can we keep them in beau monde ? too many culture in different areas, so he necessarily to take care culture conflicts. shield from employees is expected. (elaborate on this later, including the perservative culture)