Team+Charlie

Team Name: Team Charlie

Team Members:

[|Alessia De Luca] [|Sara Della Rosa] [|Daniela Rosso] [|Taha Biglarbeigi]

Team Project 1: Through this work, we examined two types of organizational structure of two different companies: firstly, we considered the case of Unicredit Factoring, which has a functional structure, and secondly, the case of Intesa San Paolo, which has a divisional structure.


 * Unicredit Factoring Organization Chart**



Unicredit Factoring is a Unicredit Group product company, operating throughout Italy with 8 territorial branches and 5 commercial offices. It provides a wide range of services organized according to the target user, mainly the Corporate and Small Business segment; the services offered refer to the management of trade receivables/payables credit risk monitoring, and consulting aimed at increasing working-capital efficiency. Supported by Unicredit Group, located in 22 countries, **Unicredit Factoring**also work for companies interested in expanding their business abroad, providing assistance and consulting for geographical areas not directly covered by the Group. Unicredit Factoring presents a functional structure: at the top level, there is the Board of Directors, followed by the Chief Executive Officer; at a corporate level, instead, we find some independent units, such as the “Legal Department”, “Human Resources Department” and “Planning, Finance and Administration Department”. The structure is divided into functions, depending on the Management Board, which, in turn, is subordinated to the CEO; therefore, the activities are grouped by similarities:


 * 1) Credit & Risk Department
 * 2) Business Development Department
 * 3) Debtors Management Department
 * 4) Organization & Logistic Department
 * 5) Marketing Department

As we can see from the chart, there is no direct communication among the different functions, which means that all the information must pass through a vertical line.


 * Intesa San Paolo Organization Chart**



Intesa Sanpaolo is the banking group which was formed by the merger of Banca Intesa and Sanpaolo IMI. Intesa Sanpaolo is the leader in Italy in all business areas (retail, corporate and wealth management). The Group offers its services to 10.8 million customers through a network of 5,600 branches well distributed throughout the country with market shares no lower than 15% in most Italian regions. Intesa San Paolo is structured according to a divisional model, where the different divisions, also called “business units”, are organized both by geographical area and by type of service:
 * Banca dei Territori - this division includes the Italian subsidiary banks. It is based on a model that supports and enhances regional brands, upgrades local commercial positioning and strengthens relations with individuals, small businesses, SMEs and non-profit entities. Private banking, bank assurance and industrial credit are also part of this Division.
 * Corporate and Investment Banking - this division supports, taking a medium-long term view, the balanced and sustainable development of corporates and financial institutions both nationally and internationally.
 * International Subsidiary Banks - this division includes the following retail and commercial subsidiaries: Intesa Sanpaolo Bank Albania, Intesa San Paolo Banka Bosnia Herzegovina, Banka Zagreb in Croatia, the Prague branch of VUB Banka in the Czech Republic, Bank of Alexandria in Egypt, the Athens branch of Intesa Sanpaolo Bank Albania in Greece, CIB Bank in Hungary, Intesa Sanpaolo Bank Romania and Banca CR Firenze Romania, Banca Intesa in the Russian Federation, Banca Intesa Beograd in Serbia, VUB Banka in Slovakia, Banka Koper in Slovenia and Pravex-Bank in Ukraine.
 * Eurizon Capital - this company is the leading asset manager in Italy with approximately 130 billion euro of assets under management.
 * Banca Fideuram - this company is the leader in Italy in the sector of financial advisors with 4,850 private bankers and 97 domestic branches.

In both structures we have identified one hierarchical level, with functions and divisions directly dependent from the Chief Executive Officer. The main difference between the two is the way activities are organized: 1) In the first case, activities are grouped by similarities, meaning that people working inside each function have a high degree of specialization and professionalization; as a result, this kind of structure is very efficient. 2) In the second case, activities are grouped according to the most competitive factor for the company, that is the geographical distribution of the different branches. Each division is autonomous from the others and focused on the target, which makes the flow of information easier and decisions quicker. For this reason, the divisional structure is considered to be more effective than the functional one, even though at higher costs. Finally, while the first structure is likely to have a high centralization of decisions, the second one, instead, will be more decentralized.

Contextual Dimensions for Intesa San Paolo

1) //Environmen//t: Since Intesa Sanpaolo has many branches spread across Europe Africa, USA and Asia, the environment in which it operates is very dynamic. Furthermore, the actors surrounding the company can be identified in: Clients, Shareholders, Employees and Society.

2)// Size of the organization //:


 * ** Revenues **: As at 31 December 2011, the Intesa Sanpaolo Group had total assets of 639,221 million euro, customer loans of 376,744 million euro, direct deposits from banking business of 359,991 million euro and direct deposits from insurance business and technical reserves of 73,119 million euro.
 * ** Number of countries where it operates ** : Intesa Sanpaolo is the country’s leading banking group and also one of the top banking groups in Europe. The Group operates in fact in Central and Eastern Europe and in Middle Eastern and North African countries, with more than 1,600 branches and 8.3 million customers belonging to the Group’s subsidiaries operating in retail and commercial banking in 12 countries.The Group also operates outside Europe: in the United States, Russia, China and India.

**3)****// Strategy: //** “ Intesa Sanpaolo’s strategy is geared towards a solid value creation for all stakeholders with whom the Bank has relations. We are aiming at strong, sustainable growth, focused on cost control and increased productivity, which remain the key factors of success in our industry. A growth that stems from the constant and careful control of risks, a sound capital base and liquidity”.

**4)**** Culture: ** “ Conscious of the value of our activity in Italy and abroad, we promote a style of growth that is attentive to sustainable results and the creation of a process based on the trust deriving from customer and shareholder satisfaction, a sense of belonging on the part of our employees and close monitoring of the needs of the community and the local area.We compete on the market with a sense of fair play and are ready to cooperate with other economic entities - both private and public - whenever necessary to reinforce the overall capacity for growth of the economies of the countries in which we operate”. The bank’s identity is built on shared values, such as integrity, excellence, transparency, equality and responsibility in the use of resources.

Source:http://www.intesasanpaolo.com/scriptIbve/retail20/RetailIntesaSanpaolo/ita/home/ita_home.jsp

** Team Project 2: **


 * Team project 3:**