Nobody downloaded yet

Business analysis of Oklahoma National Bank - Case Study Example

Comments (1) Cite this document
Summary
This paper gives an overview of Oklahoma national bank. It is one of the outstanding banks in US which has realized its competitive advantage in the market. This is because of the quality management strategies which it has applied hence it is in a position to compete effectively with the other banks…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98% of users find it useful
Business analysis of Oklahoma National Bank
Read TextPreview

Extract of sample "Business analysis of Oklahoma National Bank"

Download file to see previous pages During these years, the bank had competed very well hence leading to its success. Its loan outstanding was also doubled yearly and its core deposit growth was on a straight incline (Townsend, Busenitz, & Arthurs, 2001). Factors that led to Oklahoma national bank success Quality management Total quality management is one of the management approaches applied by Oklahoma bank in seeking to establish zero defects when running its business. It comprises of team leadership, worker empowerment, and creative problem solving in order to achieve its set goals. These programs are now available in marketing, production, customer support and finance (Schjoedt, 2009). A TQM program includes all aspects of organizations operations that include; the structure of the company, the culture the company has developed, and its hiring and promotional practices. TQM evolved from the quality assurance methods that were first developed during the First World War. It was due to the poor banking systems in the First World War that led to the adoption of the quality management practices by this bank (Rodriguez, 2008) Defining and measuring quality in Oklahoma bank Quality in its final analysis, is the capacity to meet diverse requirements which are economical, productive, social and of course with measurable actions. The quality of performance is one of the basic elements in trying to differentiate an organization within any market. This bank has applied the quality management in the following areas of its operation: 1) Customer relationships - involves establishing strong relationships with the customer’s through partnership arrangements and having direct customer contacts. 2) Customer involvement in the new product designs - this involves the involvement of the potential customers in the...
Business analysis of Oklahoma National Bank

It was founded in early 2000 and grew at such an alarming rate that within a couple of years, it multiplied more than eleven times the original assets and capital. It provides personal banking, commercial banking, business banking, and wealth management services in the United States. Its success was fueled by strong organizational culture, the bank’s ability to maintain high asset quality, quality management and use of En Act to zero in on customer relationship. Since then, it has merged with a larger banking organization, but it retains its decision making at a local level. It does this in order to remain committed to the fundamental values and beliefs that have seen this bank go far. As a result, the bank prides itself in having a unique laic culture of a strong relationship among the employees, directors and the founders of the bank. The bank is also God driven as they open all meetings with a prayer hence see this particular adventure as a blessing from God and seek to be good stewards indeed. Another key strategy which the bank has applied is that, they promote open discussion and honesty among their employees in order to have an honest dialogue in “an effort to effort” to meet the customers long term banking needs.

This paper presents a model of strategic approach and entrepreneurial behavior and activities in either individual or cooperate entrepreneurship that eventually leads to a positive leap forward relative to present position. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business analysis of Oklahoma National Bank Case Study”, n.d.)
Retrieved from https://studentshare.org/business/1395253-longitudinal-case-study-analysis-case
(Business Analysis of Oklahoma National Bank Case Study)
https://studentshare.org/business/1395253-longitudinal-case-study-analysis-case.
“Business Analysis of Oklahoma National Bank Case Study”, n.d. https://studentshare.org/business/1395253-longitudinal-case-study-analysis-case.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
tp
tpollich added comment 9 months ago
Student rated this paper as
Terrific work done on the "Business analysis of Oklahoma National Bank". I think it is the best sample I have seen so far.

CHECK THESE SAMPLES OF Business analysis of Oklahoma National Bank

National ( the U.S.) and Oklahoma medicaid

...? National and Oklahoma Medicaid April 25, Contents Contents 2 Introduction Beginning in 1966 Medicaid was a program funded by one billion dollars, and has now grown to a program with expenditures reaching hundreds of billions. Medicaid initially spent approximately $4 per United States citizen in 1966 and though some States chose to implement the new Medicaid program right away others chose to wait until some data was available regarding the program’s success. By 1971 enrollment had reached 16 million with early projections being greatly underestimated with some forecasts projecting expenditures at half this amount. Per-enrollee growth exceeded economy-wide inflation by nearly 11% (Klemm, p107)....
15 Pages(3750 words)Dissertation

National bank regulation of commercial bank

...?Regulations of National and Commercial Bank Banking industry has been under regulation for various reasons such as to provide the safety of depositsand to prevent bank failures. Banks are regulated in the types of products, mainly financial products; total number of branches; cash reserve; the interest rate limits to pay on deposits; ceiling on lending to a single customer; and even merging and acquisitions are also regulated for the larger interest of the customers. Previously, the word ‘banks’ used to indicate only commercial banks, but now credit unions, savings banks provide nearly the same kind of...
8 Pages(2000 words)Term Paper

Canadian National Bank Current Problems

...?Executive Summary: Chatham Branch of Canadian National Bank is current engulfed in a crisis situation. This crisis situation entails an interpersonal conflict that has arisen between the manager of customer relations and a senior customer service representative. The conflict situation has evolved into a full blown complaint, made by the customer service representative against her manager to the NCEC. The bank is currently overseeing a period, characterized by intense competition. This shift in competitive framework has resulted from the government’s deregulatory practices. To cope with the pressure of this kind of environment the bank has implemented a system by the name...
7 Pages(1750 words)Case Study

National Bank of Kuwait (NBK)

...=AFQjCNFeBUvfq4Z1o886UYfnujncU_DcPg. [Accessed 19th May, 2012]. Hasan, F. and Ahmed, N., 2009. [online] National Bank of Kuwait. Available at: http://www.globalinv.net/research/NBK-Update-052009.pdf. [Accessed 19th May, 2012]. Sabbah, M. and Al-Hunaif, T., 2009. [online] A qualitative Analysis of National Bank of Kuwait. Available at: http://www.coast.com.kw/cms/uploads/834_Special_Reports.pdf. [Accessed 19th May, 2012]. Dash, S. and Tripathy, A., 2004. [online] National Bank of Kuwait: Research Update. Available at: http://www.globalinv.net/research/NBK-Update-04.pdf. [Accessed 19th May, 2012].... ? National Bank of Kuwait (NBK) Contents Research Objective 3 Research Question 3 Literature Review 4 Conclusion...
4 Pages(1000 words)Research Proposal

National Westminster Bank

...Nat West The National Westminster Bank's move to speed up reorganization by shedding excess fat and increasing profitability to make itself attractive to its own shareholders - its main defense against the hostile bids from The Bank of Scotland (BS) and the Royal Bank of Scotland (RBS) by December 1999 - came way too late. It should have done so much earlier and NatWest could have repaired its image of being poorly managed, with its strings of failures in diversification, in becoming an international bank and its involvement in a fraud trial in the late 1980s that proved costly. NatWest could have also responded swiftly and effectively as rivals such...
2 Pages(500 words)Case Study

Business Analysis Of Deutsche Bank

...ACADEMIA RESEARCH Order 158139 7080 14TH MARCH 2007 Business Analysis Of Deutsche Bank From the fact sheet. One can observe an increase in the share price from 65.32 in 2004 to 81.90 2005 representing an increase in price of 16.58, which is equivalent to a percentage increase given by: 16,58/65,32 x 100% = 25,38% Therefore the share price of Deutsche Bank witnessed an increase in value of 25.38% between 2004 and 2005. This was due to reinvested dividends, which helped the share price to outperform all stocks listed in the DAX index, The Dow Jones Stoxx 50, also rose by 27% in the year. Other European indices also posted gains; with the Paris CAC 40 rising 23% and the...
4 Pages(1000 words)Research Paper

National Bank of Abu Dhabi

...PROFIT AND LOSS HIGHLIGHTS: An analysis of the National Bank of Abu Dhabi's profit and loss ment, we can figure out that the bank's interest income, operating and other incomes have constantly been rising for the last year offsetting the increase in operating expenses and causing the net profit to rise. BALANCE SHEET: An analysis of the bank's balance sheet shows that the bank's total assets, total deposits and total loans have been on a rise for the last year. The company's shareholder equity has also improved showing uplift in the company's financial and investment activities. RATIO ANALYSIS: Return on...
5 Pages(1250 words)Essay

First National Federal Bank

...First National Federal Bank (A Case Study) Introduction Majority of business people would rather think business and ethics are incompatible. Nothing could be farther from the truth. Today's businesses require that managers and owners eschew (avoid) lying, fraud, theft or dishonest practices. Consumers and customers alike are now more activist and doing illegal things and immoral acts have dire consequences for a firm in the long run. Most actions which are contrary to moral norms are certainly bad for business (de George 7). Enlightened management practices require that firms treat their customers and other stakeholders right...
6 Pages(1500 words)Case Study

National australian bank

...Analysis of the National Australian Bank’s E-Marketing Strategies and Tactics Website Analysis Currency: The slogan given in the website is more give less take which clearly conveys the message of the bank to the readers. Content: There are three main sections for the website, about us, personal and business. About us section has the subsections NAB Group, careers, Community and Media. Personal section has the subsections like Accounts, Cards, Loans, Investments, Insurance, Banking with us, finance and investments. Business section has the subsections day to day banking, finance$loans, Investments, Insurance, International trade, life stages, insights and service centre. The readers can visit each section and subsection... to be...
3 Pages(750 words)Essay

SWOT &TWOS analysis of QATAR NATIONAL BANK and MASHREQ bank

...SWOT and TOWS Analysis of Qatar National Bank and Mashreq Bank Affiliation SWOT and TOWS Analysis of Qatar National Bank and Mashreq Bank QATAR NATIONAL BANK Strengths Qatar National Bank is by far the Largest Bank in the entire Middle East and most of North Africa in terms of net profit and total assets. The bank has a strong presence in the Middle East which increases its reliability and continues to encourage its growth year by year. Its presence in the Middle East ensures that it progresses as more...
4 Pages(1000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic Business analysis of Oklahoma National Bank for FREE!

Contact Us