Wachovia SWOT Analysis

Another strength within Wachovia is the diversity of their board of directors. Wachovia’s board of directors totals 18 people—9 from the old Wachovia and 9 from the old First Union By doing this, the Wachovia Corporation has members that have been in control of both corporations, prior to the merger. Besides previously being on the board of directors for First Union and Wachovia, each member has had other experiences that contribute to the success of the new company (refer to the table titled “Wachovia Corp

While Wachovia does show some positive strengths in its organization, it also has some weaknesses. The company’s rapid growth through acquisition has created a total of more than 87,000 employees under the Wachovia name. There are several challenges that come with expanding a corporation which take time to address and correct. Some of these challenges can be considered weaknesses to Wachovia Corporation at this time.

• Eliminate some of the local competition Cons:

Some topics in this essay:
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