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Report Case Study of Hadelsbanken - Strategic Management

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Added on  2020-02-24

Report Case Study of Hadelsbanken - Strategic Management

   Added on 2020-02-24

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Running head: STRATEGIC MANAGEMENT
Strategic Management
Name of the Student
Name of the University
Author’s Note
Report Case Study of Hadelsbanken - Strategic Management_1
1STRATEGIC MANAGEMENT
Executive Summary
The given report is about the case study of Hadelsbanken, which is one of the major banks in
Sweden. The questions of the case study aim to analyse the cultural situation of the organization,
which is quite different from other banks. The concept of decentralization is at the base of the
culture within the bank that has also helped the organization to spread in the foreign market. The
questions of the current report will also discuss about the matters related to the future
recommendations of the bank that will help them to sustain in the future.
Report Case Study of Hadelsbanken - Strategic Management_2
2STRATEGIC MANAGEMENT
Table of Contents
Answer 1:.........................................................................................................................................2
Answer 2:.........................................................................................................................................3
Answer 3:.........................................................................................................................................5
Answer 4:.........................................................................................................................................6
Answer 5..........................................................................................................................................8
Reference.......................................................................................................................................10
Report Case Study of Hadelsbanken - Strategic Management_3
3STRATEGIC MANAGEMENT
Answer 1:
The culture within Hadelsbanken is believed to be effective as it has allowed them to
implement effective workforce culture. This culture is significantly different from that of all the
rival banks of the Scandinavian country. One of the important aspects of the bank’s culture is
due to the practice of decentralization. This system has given the branches more power that has
helped them to deal with the situation and implement decisions. The process of decentralization
was applied within the banking service by Jan Wallander. The process of decentralization was
one of the revolutionary in the matter of change program that are implemented by the bank. The
culture within the organization also witnessed change.
With the help of the culture related to decentralization, it is possible to deal with most of
the challenges related to effective decision making process (Janićijević and Milovanović 2015).
As more workers of all levels are involved in the process of decision making, it is possible for
the bank to empower the employees. This is believed to be one of the effective that are used to
motivate the workers and help them to develop the required organizational skills. The process of
decentralization was welcomed by most of the managers within the bank as they will now have
the authority to provide their suggestions in the decision making process. The managers also
took high level of pride as they are able to involve the participation of most of the workers. With
the help of the process of decentralization, it is possible to implement solutions that are related to
motivate the workers. There is also the advantage due to the fact that burden of the decision
making are relieved from the top management of the bank. The workers within each of the bank
are responsible for the making the major decisions related to the market level entry. The culture
Report Case Study of Hadelsbanken - Strategic Management_4

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