Human Resources

HRM - CASE STUDY

The Bank Merger Case Study - The Bank Merger

Evaluate the bank 's approach to implementing the merger

Previously both banks have not been involved in a large merger . The mergers or acquisitions that have taken place have been on a small scale . Thus , when Northeastern Bank Trust Company were merged with First Bank Trust Company things were very different . The process of implementing the merger was more complex . Both banks had centralized functions which needed to be consolidated . This would be a difficult task

Committees were

formed which would focus on specific areas and the business plan revolved around the theme of "Your Southern New England Bank " The banks decided to merge the support functions which would result in a consolidation of all the information and s that were kept by each bank . All the committees developed focused on their area In general the approach adopted by both the banks was weak . Even though both banks realized the need for communication and cohesion of cultures this was not handled well . There was a difference in the way each bank dealt with its employees among other things . The approach was narrow and did not consider the larger picture

Are there human resource issues other than those listed by the Human Resource Steering Committee that emerge when two companies merge

The Human Resource Steering Committee listed down some of the main issues that they will have to deal with when implementing the merger These include : staff reductions and transfers...