How would you address the poor ?nancial performance

Assignment Help Finance Basics
Reference no: EM132235839

Question: You have been working for four years in a bank branch located in the front section of a large grocery store. For the last two years, the branch has been underperforming and a poor place to work--tellers show up late, cash drawers are often out of balance, and the customer service numbers for your branch are in the bottom quarter when compared to other branches of your bank. As a result of these problems, the branch manager was removed from your branch. Today, the regional manager offered you the job on an interim basis. The terms of your job include a three-month trial period, and if all goes well, you will be made the branch manager. You know that the problems in your branch stem in part from the lack of trust and respect for the prior branch manager. While you know the employees will be happy the old boss is gone, you are not sure how they will feel about your promotion to be their new manager. So where would you begin? How would you go about building a solid foundation of trust in your leadership? How would you address the poor ?nancial performance? Considering you were just recently a peer of your associates, and now their manager, would there be any critical things to do or not to do?

Reference no: EM132235839

Questions Cloud

Why changes in factor affect value of futures contract : Identify the fourth factor, and explain how and why changes in this factor affect the value of the futures contract. Note: This is a CFA Exam Level 2 question.
What is your experience managing your own schedule : What is your experience managing your own schedule? How would you respond/react to client inconsistencies?
How would one define business intelligence : How would one define business intelligence (BI)? Identify and briefly discuss a real-world application of BI?(250 words). In a Highly controversial move.
Does marx provide a plausible solution to remedy inequality : Why does social and economic inequality exist in capitalist societies and how can it be resolved, according to Marx?
How would you address the poor ?nancial performance : You have been working for four years in a bank branch located in the front section of a large grocery store. For the last two years, the branch has been.
Develop a hypothesis and summarize relevant literatures : OM 2057 - Introduction to Research Methodology - Identifying your area of research interest from Fire Safety engineering/management modules and their content
What is your ecological footprint : What about your lifestyle do you think contributes to/explains your score? Would you like to change your score? What are you willing to do to change it?
Explain the importance of information technology : Explain the importance of information technology and how it is driving global business. Additionally, predict one major change in the business world.
Are administrative and customer services automated : Explain how your company incorporates Information Technology into their business model. Are administrative and customer services automated?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd