Free

Umpqua Bank - Essay Example

Comments (0) Cite this document
Summary
This essay stresses that leadership has meant development. His leadership style is an unmistakable show that making an upper hand will prompt excellent development to any foundation. Davis honest to goodness yearning to enable other individuals has been illustrated…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.8% of users find it useful
Umpqua Bank
Read TextPreview

Extract of sample "Umpqua Bank"

Umpqua Bank Case Study Analysis Affiliation Details Q1 Ray Davis leadership style can best be depicted as bona fide, centeredand transformational. He assumed control over the leadership of South Umpqua Bank and used inventive rationalities and one of a kind leadership disciplines in growing South Umpqua bank operations, subsequently making the bank gainful, lithe and consumer loyalties situated (Freeze, 2006). For him, leadership has meant development. His leadership style is an unmistakable show that making an upper hand will prompt excellent development to any foundation. Being a credible pioneer, Davis honest to goodness yearning to enable other individuals has been illustrated.
The Umpquas culture prides itself on is the organizations key upper hand. Each bank on the planet will give customers the same item: free financial records. Umpqua will separates itself from the outstanding administration and an agreeable group ordeal. In Umpqua stores – not branches – clients are given pooch bowls brimming with water to urge customers to acquire their pets. New treats and Umpquas particular mix of espresso are offered to clients to make a genial and agreeable environment. Moreover, stores have PC bistros with free remote Internet, earphones and printers accessible for customers to utilize, paying little heed to whether they required banking help that day.
Q2
The sort of culture, which Ray Davis has figured out how to make, is adapted towards serving the clients enough. At the point when the clients are fulfilled then this at last deciphers into included benefits. Through reliably conveying positive thinking in regards to future objectives, Ray Davis has figured out how to give inundate vitality to drive the bank forward (Davis, 2011). He says he largely focused on making the bank huge to the lives of the every one of the partners. In his residency, Umpqua Bank has turned into a monetarily steady and reliable undertaking that will keep on developing even as new pioneers are given the command to head it.
Umpquas culture is the thing that makes it so joined with the groups in which the stores are found. They have held various occasions like setting up lemonade stands and dessert trucks all through neighborhoods, which group individuals adored (Bielski, 2008). Clients are more than just clients. Umpqua partners are required to know clients by name and are relied upon to be dynamic individuals from the group. One staff part found that a client was being kicked out of their home, so she and her spouse bailed the client move out throughout the weekend. This is only one sample of Umpqua partners commitment to helping clients with banking administrations, as well as of enhancing their experience of those administrations and the groups personal satisfaction.
Q3
Ray Davis welcomes any individual commitment made by the youngsters, therefore, empowering an intrinsic motivation of ones assignments to create. There are times when the officials needed to alter course in the usage methodology on the organizations vital arrangements. Ray Davis says that in such occurrences, he does not counsel their choices yet rather empower them as they set aside their opportunity to look into on the ramifications of beginning such an activity at the time (McCallion, 2004). The officials had the capacity address the presumptions that may have been neglected, and they subsequently figured out how to have a more profound comprehension of the vital ramifications of such choices. Through transformational leadership, Ray Davis has possessed the capacity to split far from customary opponents in the business consequently offering worth to the shareholders, workers and additionally to clients. Ray Davis has mentally fortified his official group by empowering innovativeness in their reasoning. For example, some branch chiefs have puppy bowls at the doorways to cook for customers with pets. They even go way out to open campaigns for group occasions.
Q4
Ray Davis leadership order and inventiveness have not been pegged on narrow-minded picks up but rather there an attempted move to affect the foundations success. He has made an upper hand in the bank by introducing undertakings and administration conveyance instruments that cultivate unwavering client ness (Jun 2008). Through building a pool of conferred workers who are given the order to attempt assignments that are esteemed gainful to the organization, crucial development is ensured. Through transformational leadership, Ray Davis has battled the disorders that make individuals fall once again into antiquated business schedules that are not beneficial. On the off chance that Ray chooses to go worldwide in future, then there is critical need to get deliberately ready for the unbecoming impacts connected with ropes culture.
References
Bielski, L. (2008). Still Pushing the Envelope: Now $8.3 Billion, Offbeat Umpqua Bank Is" No Gimmick," Says CEO Ray Davis. Interview, He Credits Culture & Empowerment for the Banks Success. ABA Banking Journal, 100 (14), 36.
Davis, R. P., & Shrader, A. (2011). Leading for Growth: how Umpqua Bank got cool and created a culture of greatness (Vol. 37). John Wiley & Sons.
Freeze, K. (2006). Umpqua Bank: Managing the Culture and Implementing the Brand. Management Institute Case Study.
Jun, C. (2008). An evaluation of the positional forces affecting design strategy.Design Management Journal, 3(1), 23-29.
McCallion, S. (2004). Design and economic development at Umpqua Bank: An interview with Ray Davis. Design Management Review, 15(4), 21-28. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Umpqua Bank Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Umpqua Bank Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/business/1701538-umpqua-bank
(Umpqua Bank Essay Example | Topics and Well Written Essays - 500 Words)
Umpqua Bank Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/business/1701538-umpqua-bank.
“Umpqua Bank Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/business/1701538-umpqua-bank.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Umpqua Bank

Bank law

... Narni Pty Ltd sued the National Australia Bank Ltd for breach of arrangement entered by them. Narni was the owner of the Carrum Nursing Home, which was subjected to possession by an agent and was sold later when the Bank refused to honor the cheques, which were drawn on Narni No. 2 check account maintained at Elwood Branch without giving adequate notice to Narni. Because of the breach of their arrangement, Narni allegedly have suffered damages for loss of earning profit from the Carrum Nursing Home and even after the sale, Narni did not earn any income. It has not derived any benefit from the sale of the said Nursing home for it was applied to payment of credit debts, and even the other creditors were not given any amount. Narni... was...
6 Pages(1500 words)Essay

Effects of Welfare Reform

5 Pages(1250 words)Research Paper

Organizational Change : Umpqua Bank Case Study

...?Running Head: ORGANIZATIONAL CHANGE Organizational change inserts his/her inserts Grade inserts Date Organizational change Introduction The current Umpqua bank has grown over the years to become as great as it is now having started as a small community bank founded over five decades ago. Like most banks, Umpqua’s growth threatened to wipe away its culture which included the manner in customer service were handled and the general modes by which business activities were handled. The leadership, knowing that Umpqua's culture was their biggest asset, came up with measures to maintain it. Challenges faced by the Umpqua's...
4 Pages(1000 words)Essay

Comparison of the Home Depot and Umpqua Bank

...? Compare and contrast Home Depot and Umpqua Bank Compare and contrast Home Depot and Umpqua Bank Home Depot was initiated innineteen seventy-nine, and is located in Atlanta. The bank had a number of sections dealing in changing products and services. It was developing at a high pace, at the ending of the year two thousand, the firm had clocked a revenue of forty billion U.S dollars. By the end of the year two thousand and five, the revenue had clocked 80 billion U.S dollars (Charan, 2006). Umpqua bank started as a small-scale retail in nineteen fifty three in Poland. This bank also has several retail...
2 Pages(500 words)Essay

Compare and Contrast Home Depot and Umpqua Bank

...? Compare and Contrast Home Depot and Umpqua Bank Organization Culture of Umpqua and Home Depot Organizational culture is the personality or unwritten laws of an organization (Edgar, 2010). This has a major role to play in the general performance of an organization. One of the factors to look at includes relationship between superiors and subordinates, language used, and other various aspects like organizational structures. Changing a culture may be an expensive program. This is illustrated by Umpqua bank billion dollars and therefore positive culture needs to be put in place at the start of intervention of an investment. Different companies have...
3 Pages(750 words)Essay

Umpqua Bank

...? Case Study Describing Culture of Organization and Leadership style of Umpqua Bank Case Study Describing Culture of Organization and Leadership style of Umpqua Bank The case study used for this paper is about how the small, community Umpqua Bank became Oregon’s top banking institution in a short span of years, as well as the number one large company to work for in the same state (Freeze, n.d.). Also, the unique management strategy of the President and CEO, the incentives to employees as well as the approach that the company used to maintain their partnership with people and other financial institutions were also...
4 Pages(1000 words)Case Study

Central bank

...? CENTRAL BANK FOR GULF COOPERATION COUNCIL Executive summary The gulf region has been in a union since 1981 and tackles its major problems collectively as a region. However the issue of unifying the currency and operating from a central bank seems not to work well for the members, with some of them withdrawing from the union. This paper analyses the structure of the proposed central bank for GCC, its objectives and functions as well as why the implementation has been retarded. Introduction Economic structures of countries in the GCC region are similar as most of them have their GDP majorly influenced by natural minerals and more so hydrocarbon sectors. Low education levels as well as underdevelopment are also a common feature... principles....
4 Pages(1000 words)Assignment

Umpqua bank

...Unpqua Bank A Critical Assessment Umpqua Bank Introduction Umpqua Bank is a uniquely branded bank with a unique attitude that started in the State of Oregon. It is known as the #1 large company to work for (Umpqua Bank, 1996). They thought their culture was unique for a bank and they were correct. The problem was that it was a time for bank mergers and their board did not in any way want that to happen. Therefore they decided it was time to step out of the box and make a hire of a different kind for their CEO. Risky yes, but so was the things they had in mind for the...
4 Pages(1000 words)Essay

Organizational Change in Umpqua Bank

...Organizational change Introduction The current Umpqua bank has grown over the years to become as great as it is now having started as a small community bank founded over five decades ago. Like most banks, Umpqua’s growth threatened to wipe away its culture which included the manner in customer service were handled and the general modes by which business activities were handled. The leadership, knowing that Umpqua's culture was their biggest asset, came up with measures to maintain it. Challenges faced by the Umpqua's leadership in maintaining the culture: One of the biggest challenges the bank faced was the influence of the culture in the other acquired bank branches on the culture of Umpqua bank. Adoption of other banks involved... ...
4 Pages(1000 words)Essay

Minsheng bank

...Minsheng Bank The environment within which business enterprises operate is diverse and dynamic across regional, national, and international boundaries. Organizations establish their operations in the most favorable environment, given the fact that they operate under profit motives. The link between various economic sectors and industries and the role played by the government therein influence the operations of a business in one way or another. This process constitutes the regulation of business activities and business enterprises by the government, just like it is the case with the banking industry in China. The regulation of various industries by the government is intended to influence the manner in...
2 Pages(500 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 Essay on topic Umpqua Bank for FREE!

Contact Us