Is it a good fit for a financial services firm

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Reference no: EM133901647

Assignment:

Step 1: Read the case study "Spotify's Agile Organizational Structure: Is It a Good Fit for a Financial Services Firm?

This case explains how Ivan, the CEO of a leading financial services firm, Financial Corp, evaluated the success of an agile structure in an organization. Ivan's financial services firm had a workforce of 35,000, and its organizational and management structure was hierarchical in nature. Impressed with Spotify's success in the music streaming industry, which many industry experts attributed to the company's agile structure, Ivan wondered whether the same principles could be applied in his firm. Ivan believed that with an increasing customer preference for online banking, an agile structure might be a better fit for the new workflows and personnel needs that would arise in developing online banking solutions.

Step 2: Case Study Questions,

The following questions are based on the above case study. Answer the following questions referencing only the content from the case study

1. If you were in Ivan's position, would you adopt an agile structure? If not, why not?

2. What problems might Ivan's company encounter if the entire company could not transition to an agile team structure? Consider the possible impacts to communication, decision making and role of power and politics between teams that depended on each other, where one team transitioned to agile while the other remained in a hierarchical model?

Reference no: EM133901647

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