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Case: A Classic Example Of Poor Communication

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Case: A Classic Example Of Poor Communication
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa- aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa- aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaf;osdhfldjfnsdljfhsdlfjdsljfdsljfhsdljfhsdljfhlsdjfhdsljksdlfj- kgbdlfknlknclkjbdlsvbsdlkjvbdslvkjvbfljkvbsdlkvbsdflvjdsflvs- djvsdfvsdvsdvsdfvsdfvdfdsvdsvdsfvsdfvsdfvdsfvsdfvsdfvsdfvsdf- vsdfvdsvdvsfvsfvsdfvsdfvsdvsdfvsdv The CuttyHunk Bank Case is a classic example of poor communication. In this case the CEO Mr. Wilson was eager to strengthen his bank by converting it from a federal savings bank to a state-chartered savings bank and also merging with a smaller bank called Harbor state bank. Mr. Wilson was aware that all members of the bank had a say whether to agree with the new plans or disagree. A non-mandatory meeting was to be held to educate the members and take a vote. Proxy votes had already been sent in by many members, but if a member didn’t vote then they would have no vote. Mr. Wilson was legally bound to inform members of the meeting, and did so in a letter. This letter would be the route of the confusion, and the trouble for the bank.
Mr. Wilson sent this letter to all members, stating the facts of the plan and that attendance of the meeting is not …show more content…
In this case the CEO Mr. Wilson was eager to strengthen his bank by converting it from a federal savings bank to a state-chartered savings bank and also merging with a smaller bank called Harbor state bank. Mr. Wilson was aware that all members of the bank had a say whether to agree with the new plans or disagree. A non-mandatory meeting was to be held to educate the members and take a vote. Proxy votes had already been sent in by many members, but if a member didn’t vote then they would have no vote. Mr. Wilson was legally bound to inform members of the meeting, and did so in a letter. This letter would be the route of the confusion, and the trouble for the
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