of the senior executive team had started at AssetOne. The
company also emphasised decision making at the top to
maintain better control and consistency.
Frustration was apparent a few months after the
merger. Several Taurus executives quit after the repeated
failure of AssetOne’s executive team to decide quickly on
critical online banking initiatives. For example, at the time
of the acquisition, Taurus was in the process of forming
affinity alliances with several companies. Yet, six months
later, AssetOne’s executive team still had not decided
whether to proceed with these partnerships