Cultural Analysis Of Huntington Bank

My company is a Canadian company called TD Bank. Yes banks are mega-glutinous, self-serving machines and TD has these characteristics similar to what we expect and perceive of such institutions. However, I like the leaders of this bank. They play the big boys game but over the years, their community support initiatives, programs, education and financial funding have proven their backing for various communities and entrepreneurial efforts. The following describes how TD Bank has embedded an element of long-term wealth creation into their enterprise.

At the time where competition became a reality for banks, Jyske Bank decided to make a major personality transformation from a traditional bank to a unique and different one. The new concept emerged from the values of society and the changing economy, and its main goal was to make banking more fun and less pretentious. This report will discuss the case study of “People, Service & Profit at JYSKE Bank” and will provide a detailed analysis of their marketing mix and how they modernized the 7 P’s to suit the changing customer needs.

The ethical culture of a Wells Fargo can be seen to be a piece of the culture of an organization. Thus, if the culture of the organization represents how things are done, the ethical culture is a reflection of the way things are conducted in the context of ethics and ethical attitude in a company. The ethical culture represents the ethics personality of the organization. Assessing the culture of a company is one way that can be applied in managing business ethics in a business entity. By evaluating the culture of the firm, one can be sure to identify the strengths and weaknesses of a company and also determine the areas that need to be revised and amended for the better company in future.

Quicken Loans has been successful in creating a corporate culture that is “an exceptional and rewarding place to work”. (Salinger, 2007) In the case of “Fun plus hard work equals success for Quicken Loans” the corporate culture is investigated. The study highlights the fact that the “corporate culture mixes causal with high energy”. (Gallagher & Reindl 2013) Quicken employees either “adapt to this high-energy culture or work can seem a high-pressure chamber where leaders extol workers to sell, sell, sell”. (Gallagher & Reindl 2013) This analysis will take into consideration case studies, theses, and interviews to dissect and apply cultural theory to the corporate environment at the Detroit office of Quicken.

In the year eighteen fifty-two, two men by the names of Henry Wells and William Fargo chose to establish a monetary administrations organization that we know today to be Wells Fargo (Wells Fargo, 2017). Before establishing the organization, Mr. Wells and Mr. Fargo chose to ground their organization in five standards which turned into their five essential esteems. Their first esteem being "individuals as an aggressive esteem" which implies an association with a colleague will prompt a superior association with the clients. Second "morals" Wells Fargo prides its self on being a straightforward organization and having nothing to cover up. Third, "what's ideal for the clients" as indicated by the Wells Fargo Website this esteem is characterized as ensuring clients' private data (Wells Fargo, 2017). The fourth esteem is "assorted variety and incorporation" which implies Wells Fargo advances the enhancement of its organization and customers while including pioneers all through the organization to decide. The last guideline is "administration" which implies learning and serving their vision.

This lens looks at an organization as a culture or tribe where there is an emphasis on the culture, symbols, and spirit within the company. If these three components are met, then the company will be successful. In this lens, people use symbols, meanings, and faith as ways in which people can make sense of the culture they live in or their place of work. Symbols are the basic materials, of the meaning systems or cultures, we inhabit (Bolman & Deal, 2013, p. 244). Throughout the Cultural Lens, five different beliefs or ideas can be seen from this frame. The first is the meaning of something that has happened, not that the event happened. Secondly, there are different interpretations of people’s experiences, where activity and meaning are not tightly fixed. Third, symbols are created to help people resolve confusion or find direction. The fourth belief is that events are usually more important for what they show than what the event produced. For the last belief, culture forms the ties that binds together an organization to unite people and to help an organization to meet its goals (Bolman & Deal, 2013, p.

Wells Fargo is a public trading company that was formed in the year 1852 by Henry Wells and William Fargo. The company transcended from a service that transported from a fright from the East Coast to mining camps throughout California during the California Gold Rush old rush in the 1800s (APA, Wells Fargo). At Wells Fargo’s inception it focused on offering banking solutions to the people of California with an established mission and principles that has enshrined in its culture and values that are geared towards the company vision that states “we want to satisfy our customers financial needs and help them succeed financially.” (APA – Wells Fargo VV)

“Organizational culture consists of a set of shared meanings and values held by a set of members in an organization that distinguish the organization from other organizations” (Baack, 2012). These shared values have a strong influence on the people in the organization and dictate how they dress, act, and perform their jobs. Culture plays a huge role in the guiding of the behaviors of employees of an organization. There are three stages of culture that interact with one another to influence the behaviors in the organization. These stages are: observable artifacts, espoused values, and enacted values.

Briefly describe the culture of the chosen organization, noting whether the organization’s espoused values align with its enacted values. To what extent is communication in an organization determined by the organization’s culture?

McCoy’s Building Supply Centers and Chick-fil-A are two 70 years old, successful companies withstanding the test of time. They continue to sustain growth and longevity through economic turbulence, and remain competitive with new and upcoming companies. What is the secret to their success one might wonder? As we examine each company, we begin to recognize the existence of a solid organizational culture. The organizational culture of a company is the anchoring core values, which permeates throughout the company and its employees (Schermerhorn, Osborn & Uhl-Bien, 2012, pp. 9).

On July 6th 2015 at exactly 5:10 p.m. I arrived in Stewart Manor to order my take out dinner at Umi Asian Fusion Restaurant. I knew my order would take a couple of minutes to get ready and I had to go to the Chase bank a couple of stores down. I knew this so that as then when I realized I needed to put quarters in the meter because I knew I would be a while. I remember looking at the clock and seeing how much time I had left to get change. I walked into the restaurant and asked for change. In order for them to give me change I needed to pay for my order first so I did. I took my change and picked out the quarters that I was going to put in the meter. I looked at my watch again to make sure how much time I would have to go to the Chase bank. As I am getting ready to put my change in the meter I look up and see a man walking over to my car and begin writing me a

The Bank of the United States is a symbol of the long held American fear of centralization and government control. The bank was an attempt to bring some stability and control and was successful at doing this. However, both times the bank was chartered, forces within the economy ultimately destroyed it. The fear of centralization and control was ultimately detrimental to the U.S. economy.

Bank of America is a banking and financial service industry located in Charlotte, North Carolina. If you would like to access the internet address for Bank of America, then you can click on this link provided https://www.bankofamerica.com . Its primary SIC Code is 6021 – National Commercial Banks, and its primary NAICS Code is 522110 – Commercial Banking. The Bank of American provides many goods and services for its customers such as banking, credit cards, loans, and investments. Every day Bank of America is competing against many competitors but JPMorgan Chase and Wells Fargo are some of the largest. Bank of America’s stock exchange ticker symbol is NYSE: BAC. The external auditor is PricewaterhouseCoopers LLP in Charlotte, North Carolina.

In 1996, Citibank was an emergent banking institution attempting to increase its market share in the competitive Los Angeles area. In order to do so, the bank’s strategy was to focus slightly less on their financial growth, and much more on providing “a high level of service to its customers”. Management viewed this paradigm shift as “critical to the long term success of the franchise”.

The following document is a comprehensive ‘Lessons LearntReport’ on the First National Bank of Ohio’s MIS Project.