Essay about Wells Fargo Financial Analysis

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Wells Fargo Financial Analysis

For this project, we researched Wells Fargo?s performance in the last couple of years as a way to check on its progress to greatness. What we found was an overwhelmingly charismatic company that not only puts down its values in ink, but also strictly abides by them. Much to our surprise, a huge chunk of their thick annual report for 2002 was an honest listing of all the threatening factors that stand in the company?s way rather than its exceptional rankings in its sector. In this paper, we will focus specifically on Wells Fargo?s leadership, company culture, SWOT analysis, and financial performance analysis. We will try to link our findings to Jim Collins?s book as a way to prove that the company has
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The responses to these surveys are used to analyze the management style and to see if there is any need or opportunity for further improvement.
In other words, the management of Wells Fargo has already passed from good to great. Kovacevich strives to create an atmosphere of employee satisfaction and trust. It is true that he finds it profitable to maintain happy workers who execute their jobs better but we saw much more than the pure profit added to these open management ? employee relations: we saw a caring leader, humble enough to risk his authority to be undermined by critiques. Several years after Collins? book was published, the management at Wells Fargo is still approachable, humble, humane, and very charismatic.

Company Culture, Values and Visions
We found Wells Fargo as charismatic a company as its CEO Kovacevich is. It has preserved proudly its values for 150 years now, and anyone can look at them on their homepage (www.wellsfargo.com). Wells Fargo places its employees above their customers and above their products. An employee is what makes a service company successful. As Kovacevich says for RMA journal, ? Our ability to provide outstanding sales and services all gets down to our people ? they?re our one true sustainable competitive advantage.? On top of the values for Wells Fargo is maintaining outstanding

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