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Bank of Baroda: Leadership Challenges PESTEL / PEST / STEP Analysis & Solution / MBA Resources
Organisational Culture Change - Is New Leadership Required? | tutor2u
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Bank of Baroda: Leadership Challenges Case Study Analysis & Solution
In , the newly appointed chairman and managing director CMD of Bank of Baroda, one of India's largest public-sector banks, was exploring ways to implement the vision of making the bank one of the most popular and customer-oriented public-sector banks in the country. Under the tenure of the previous CMD, a strong foundation for growth had been built, and subsequently, the bank had made tremendous progress and had been ranked third among its peers. However, the bank continued to suffer from the typical malaise of large public-sector organizations - although change was taking place, the firm was sluggish, inadequately responsive to customers, and using outdated processes and technology. Consequently, the new CMD was faced with the challenge of managing the legacy of his predecessor.
Authors: R Rathore, N. Shenoy under the guidance of Dr. Nagendra V. It is generally said that change as a response is not as definitive a measure of leadership as change as a proactive step.