A particular bank is growing very fast, today. Several years ago they were experiencing significant growth and purchased another bank. One of the changes that was impacting the bank was the integration of bank officers from two different banking systems. The question was raised “How do you effectively merge two banking teams ?” The president effectively built a team that did not just survive change but thrived. They choose the theme for the year “THRIVE”. The bank held special training sessions on the importance and role of team players in the midst of transition. The bank has continued to grow and has a positive reputation in the business community today.
Questions

1. “One of the significant essentials for success during transition is team building.” Do you agree with this statement?
2. In view of this case, discuss the role of leaders in the midst of transition.