Product details

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Abstract

In September 2017, Nicolas Weber, a web designer and manager for Bank in My Pocket (BMP), a former fintech start-up acquired by a large commercial bank, assessed the evolution of the company he had helped to build. Over the course of the start-up's development and repetitive acquisitions and mergers, within successively larger traditional banks, a few of the original job qualities that had attracted him to BMP remained. But many more had changed. The very definition of 'innovation' had mutated to something that was increasingly hard to reconcile with his notion of a fintech start-up. Pushed by a skilled colleague's recent departure, with HR making no effort to retain her, Weber evaluated his company's current stance on a number of HR and innovation issues. Like his colleague, changing employers was a tempting idea. This case is part of the RSM free case collection (visit www.thecasecentre.org/rsmfreecases for more information on the collection).

Teaching and learning

This item is suitable for undergraduate, postgraduate and executive education courses.

Time period

The events covered by this case took place in 2017.

Geographical setting

Region:
Europe

Featured company

Bank in My Pocket

Featured protagonist

  • Nicolas Weber (male), Manager

About

Abstract

In September 2017, Nicolas Weber, a web designer and manager for Bank in My Pocket (BMP), a former fintech start-up acquired by a large commercial bank, assessed the evolution of the company he had helped to build. Over the course of the start-up's development and repetitive acquisitions and mergers, within successively larger traditional banks, a few of the original job qualities that had attracted him to BMP remained. But many more had changed. The very definition of 'innovation' had mutated to something that was increasingly hard to reconcile with his notion of a fintech start-up. Pushed by a skilled colleague's recent departure, with HR making no effort to retain her, Weber evaluated his company's current stance on a number of HR and innovation issues. Like his colleague, changing employers was a tempting idea. This case is part of the RSM free case collection (visit www.thecasecentre.org/rsmfreecases for more information on the collection).

Teaching and learning

This item is suitable for undergraduate, postgraduate and executive education courses.

Settings

Time period

The events covered by this case took place in 2017.

Geographical setting

Region:
Europe

Featured company

Bank in My Pocket

Featured protagonist

  • Nicolas Weber (male), Manager

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