Axis Bank: The Succession Planning Fiasco

 
Case Studies | Cases in Business, Management, Cases | Case Study

ICMR HOME | Case Studies Collection

Case Details:
Case Code : HROB122
Case Length : 26 pages
Period : 2004-2009
Pub Date : 2009
Teaching Note :Not Available
Organization : Axis Bank
Industry : Banking
Countries : India

To download Axis Bank: The Succession Planning Fiasco case study (Case Code: HROB122) click on the button below, and select the case from the list of available cases:

Human Resource and Organization Behavior | Case Study in Management, Operations, Strategies, Human Resource and Organization Behavior, Case Studies



Price:
For delivery in electronic format: Rs. 400;
For delivery through courier (within India): Rs. 400 + Rs. 25 for Shipping & Handling Charges

Human Resource and Organization Behavior Case Studies
HRM Short Case Studies
View Detailed Pricing Info
How To Order This Case
Business Case Studies
Area Specific Case Studies
Industry Wise Case Studies
Company Wise Case Studies


Custom Search


Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.



Chat with us

Strategic Management Formulation, Implementation, & Control, 12e

Please leave your feedback

Leave Your Feedback

ICMR India ICMR India ICMR India ICMR India RSS Feed

<< Previous

Excerpts

Background Note

The Axis Bank was one of the first private sector banks which were set up after the reforms in the banking sector in India in the early 1990s (Refer to Exhibit I for a brief note on reforms in the Indian banking sector)...

Nayak's Reign at Axis Bank

Nayak, a doctorate degree holder from Cambridge University, had served as an Indian Administrative Service (IAS) officer before coming to Axis Bank (Refer to Exhibit V for a brief profile of Nayak). On January 1, 2000, he took over the position of CMD of Axis Bank from Supriya Gupta (Gupta)...

Human Resource and Organization Behavior | Case Study in Management, Operations, Strategies, Human Resource and Organization Behavior, Case Studies

The Issue of Succession

On December 15, 2004, the board of Axis Bank decided to split the posts of CMD to comply with the RBI ruling. The directive passed by the RBI after a recommendation of a panel set up in 2002 under A S Ganguly, former chairman, Hindustan Unilever Limited , required dividing of top posts in all large banks in order to ensure better corporate governance...

No One to Fill Nayak's Boots?

In his second term with the bank, Nayak planned to grow the bank through organic growth. According to Nayak, "Right now, we are only looking at organic growth. The bank has been growing at the rate of 35-40 per cent over the past five years. There is no need for us to look at inorganic growth, unless our current business model fails."...

The Search for the Successor Begins

After receiving flak from several quarters, the board decided to instruct Nayak to develop a second line of leadership - his successor who would lead Axis Bank after his retirement. Experts felt that this issue was of critical importance as by the time Nayak's tenure expired, some of the senior executives in the bank, including Agarwal, Kumar, and Ramani would be close to their retirement...

Excerpts Contd...>>

Human Resource and Organization Behavior | Case Study in Management, Operations, Strategies, Human Resource and Organization Behavior, Case Studies

 

Case Studies Links:- Case Studies, Short Case Studies, Simplified Case Studies.

Other Case Studies:- Multimedia Case Studies, Cases in Other Languages.

Business Reports Link:- Business Reports.

Books:- Textbooks, Workbooks, Case Study Volumes.