Case Study Analysis and Solutions

Case ID: 310070

Abstract:
Case Solution & Analysis for Friend Bank: The Time for Hope by Clayton Rose, Aldo Sesia
In 2010, Friend Bank was entering the fifth year of Hope Harris Johnson's ambitious 20-year growth plan to transform her family's one branch community bank into an institution with a substantial presence in southeastern Alabama. Harris Johnson was pleased, so far, with the results. Strategically they had exceeded expectations in opening a second office and execution of the plan was going well. And while the financial and economic crisis that began in 2008 had affected the financial results, it also presented Friend with competitive opportunities. Nonetheless, realizing her ultimate goals for Friend would not come easily.

Keywords:
Competitive advantage, Execution, Family-owned businesses, Financial crisis, Risk management, Strategy, Friend Bank The Time for Hope Case Solution

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