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Resizing The Organization 20

Resizing The Organization 20. This book seeks to provide executives with useful insights, tools, guidelines, principles, and lessons learned about organizational transition and change. | Resizing and the Marketplace 171 below the local industry average in both deposit and loan growth during the period of the case one performed above the local industry average in loan growth but not in deposits one performed above the local industry average in deposits but not in loan growth and three performed substantially above average in these two indicators during the same period. Thus five of the ten organizations represented in the sample did not notably profit from the merger whereas the remaining five were successful or very successful at gaining deposits and new loans from former customers of the merged bank. After the managers and executives agreed to participate interviews were scheduled with them patterned after the protocol used by Bastien 1989 in which the interviewer asked the respondent to remember the first time he or she became aware that the merger was about to take place. The respondents were asked about their emotional reaction to the news the reactions of those around them and their action decisions at the time. Subsequently they were asked to reconstruct their perceptions of the situation as it emerged over the next six months. A question guide was developed to ensure that responses to all of the propositions from the literature were attained. The interviewer maintained notes of each interview. Following each interview responses to the hypotheses were categorized according to bank performance poorer-than-average performance on both indicators better than average in one but not both and better on both indicators . Furthermore the form of the interviews allowed the researcher to explore other areas which also were coded by bank performance category. Results The results for the case study are summarized in Table 8.2. As this table indicates the first proposition was fully supported. None of the respondents representing banks in the unsuccessful no-growth category perceived any opportunity whatsoever in their rival s merger. Two of these .