Bancolombia: Talent, Culture, And Value Creation Management in Mergers
Supporting evidence
BIC
Banco De Colombia
Conavia
Confinsura
Change leader
Analysis of case data
- Efficiency
Profitability
Alternatives
Alternative 1-Focus profitability and reducing cost-of-operations
Alternative 2- Recreating source of competitive advantage
Alternative 3- Franchising the rural branches
Decision criteria
Analysis of alternatives
Selection of alternative
Implementation
Exhibit I
Manifesto for Integration of Banco Colombia, Corfinsura, and Conavi
Exhibit II
Non-consolidated financial statements of Bancolombia Group
Bancolombia Group was successfully led by the outgoing CEO Jorge Londorio until his retirement in January 2011. Required by the terms of governance to get retired on reaching the age of superannuation, Londorio as well as the rest of the organization was anxious as to what direction will the company head towards under the leadership of incoming CEO Carlos Raul Yepes having a background cement industry. Although Londorio led the group into two biggest mergers of...
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