Question: Point 1 With reference to Beer s ( 2 0 0 1 ) typology of change strategies, describe the change strategy the new CEO seeking
Point
With reference to Beers typology of change strategies, describe the change strategy the new CEO seeking to implement
Point
Analyze the situational variables that will require special attention for this CEO is to achieve the goal of delivering higher profits
Point
Given the variables in this case study, what recommendation would you give this CEO to assist in the shaping of an implementation strategy? Manitobank Case Study
Manitobank is a successful telephone and internet bank that serves customers across Manitoba. It is wholly owned subsidiary of a large international bank, but since it launched years ago, the parent company has allowed Manitobank to operate autonomously.
Manitobank's organizational customer values the customer and focuses on delivering exceptional customer service. Over of Manitoban's customers have recommended the bank to their friends and family and the quality of its communication with customers has been a major factor contributing to its success.
Over the last months, cost have risen faster than in any other period in the bank's history. The parent company has responded by appointing a new CEO and tasking him to grow profits. Soon after, the new CEO informed his management team that he wanted to introduce voice activation and routing as a way of radically reducing staff costs in all its service centers.
The CEO argued that the voice automation could be used to drive costs down costs by using speech recognitionbased technology to analyze inbound calls to identify callers, why they were calling and what kind of transaction they required. If full automation was not possible, he suggested that partial automation could provide an intermediate solution by collecting routine data, such as account numbers and the service requested, and routing the call to a specialized agent who could complete the transaction.
The new CEO was a champion of innovation through technology, but he has no experience in running the kind of serviceoriented brand that is the central plank of Manitobank's strategy.
The new CEO feels under pressure to deliver higher profits in the shortest possible time and he has approached you for advice on how he can best achieve this. Directions: Read the "Manitobank" case study and answer the three questions below:
Point marks
With reference to Beer's typology of change strategies, describe the change strategy the new CEO seeking to implement
Point marks Analyze the situational variables that will require special attention for this CEO is to achieve the goal of delivering higher profits
Point marks
Given the variables in this case study, what recommendation would you give this CEO to assist in the shaping of an implementation strategy?
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