Porter's Management Model Of The Porter Diamond Model

Work force motivation 0.07 3 0.21 2 0.14 2 0.14

Online/ ATM services 0.11 4 0.44 3 0.33 1 0.11

Geographic coverage 0.13 3 0.39 4 0.52 2 0.26

Weighted Score 1.00 3.32 3.09 1.69

PORTER’S DIAMOND MODEL:

A model that attempts to explain the competitive advantage some nations or groups have due to certain factors available to them.

A model that attempts to explain the competitive advantage some nations or groups have due to certain factors available to them. The Porter Diamond is a model that helps analyze and improve a nation 's role in a globally competitive field. The model was developed by Michael Porter, who is recognized as an authority on company strategy and competition; it is a more proactive version of economic theories

The model is a popular strategic planning tool that has been extensively utilized by professionals and academics. The model evaluate a firm’s organizational configuration by looking at 7 fundamental components: structure, staff, strategy, style, skill, systems and shared values in a bid to access if they are properly align to attain its objectives.

The 7s model can be applied to Kotak Mahindra Bank in several situations which may include:

• To processes in the event of a Merger & Acquisition.

• To enhance the performance of the organization.

• To evaluate the likely impact of proposed future changes within the organization.

• To identify the best option to execute a planned strategy. MCKINSEY’S 7S MODEL OF Kotak Mahindra Bank are

STRATEGY

New regulations have made banking a challenge, but the low interest rate environment has been even worse for profits. Increasing employment opportunities for betterment of company’s growth. Business loans are the fastest growing segment, with real estate and consumer loans where the company is creating more opportunities towards bringing the standard structure for the performance. Both organisation have strong cultures and employee benefits practices and the combination entity will work towards imbibing these and building world class

The salary structure of both banks was also quite different. Around one-third employees of the 10,591 employees of ING Vysya were unionized and their pay structure came under the Indian Banks Association . The employees of ING Vysya were worried whether their pay structure would continue or not. Some of the employees of ING Vysya had other concerns too. Employees in positions like regional manager, sales head, zonal manager, etc., were apprehensive that duplication of positions could lead to transfers or even to their losing their jobs

The candidates are recruited from diverse fields of commerce like B. Com’s, MBA’s, ICWA’s, CA’s and CFA’s great opportunity for fresher’s and post graduates are available. They are involved in all the required meetings and activities. The Staff are given freedom to use their innovation and creative skills

STYLE

 Emergency meetings are held where top management and employees collectively participate- targets for the week is set, responsibilities are delegated, suggestions are