An organization needs a sound structure to coordinate its actions so that strategic goals can be achieved. Different companies and industries organize differently to meet the needs of their stakeholders. This activity is important because although an organizations structure is meant to facilitate operations and communications, there are times that it can actually impede its success. The goal of this activity is to provide you with problem-solving skills when it comes to issues related to organizational structure.

National Bank and First American Bank merged to form First National Bank. The vice president (VP) of retail banking comes from First American Bank while the chief operations officer (COO) comes from National Bank. The COO and VP are meeting with First National Banks new president and chief executive officer, who comes from neither predecessor bank. The new bank is facing quite a few challenges, including a decrease in the number of clients and deposits and an increase in employee turnover. How is the leadership team handling this challenge? How would you?

At the end of the video, Francisco mentions that banking is changing faster than ever. And as a result, more of them are failing. Based on this statement, what do you think is Franciscos top priority for the bank?

Multiple Choice

• Promoting organizational agility

• Promoting organizational integration

• Promoting a more matrix structure

• Promoting a more functional structure

• Promoting more span of control