1.3 RESEARCH OBJECTIVES
1. To determine the relationship between AIS and performance Ecobank Ghana Limited.
2. To evaluate the factors that influenced management’s decision to implement AIS in Ecobank Ghana Limited.
3. To examine how AIS impacts on the efficiency of Ecobank Ghana Limited.
1.4 RESEARCH QUESTIONS
1. What is the relationship between AIS and performance in Ecobank Ghana Limited?
2. What factors influenced management’s decision to implement AIS in Ecobank Ghana Limited?
3. What challenges do the Bank face in the implementation and use of AIS?
4. How does AIS impact on the efficiency of Ecobank Ghana Limited?
1.5 SIGNIFICANCE OF THE STUDY
This study is expected to provide findings on the impact of AIS on Ecobank performance in the Ghanaian banking industry since some researchers made in Ghana have been found to have researched on some areas AIS has impacted but not on Ecobank performance. Therefore, this study will improve the literature on the adoption of AIS, its influence on Ecobank performance and other equally relevant areas covered in the research. It will also serve as a guide and reference material for future researchers that will be done in this area.
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Although there are about 36 banks in Ghana, not all the banks will be investigated on but just a few of them will aid in getting the information needed. Even though all banks have the different scope of operations, they all have the aim of achieving their goals and targets by encouraging Ecobanks to give out their best.
The study concentrated more on Ecobanks and most banks in Accra. But also took into consideration the input of the people at the managerial level because they form the decision-making body which has a direct effect on the performances of
- If all of the options were explored, and patient is given antibiotics and is treated without any pain or suffering than the treatment identifies with the ethnical principles of autonomy, non-maleficence, and veracity. In turn, Mrs. Dawson will be happy with the outcome of the procedure.
AIG’s corporate culture played a big role in its downfall. They seemed to be more concerned about their own personal gains in the short run than what the effects were going to be in the long run. The company did very poorly and accumulated billions of dollars in the red, and still many top executives were getting paid in cash bonuses after the bailout. These bonuses amounted to almost 2-3 times their salaries they earned before the bailout. AIG’s focus was on the reward system this placed little responsibility on executives who made poor decisions. This resulted in many believing AIG had neither concern nor acknowledgement to changing their ways. Also, shortly after the bailout AIG spent over $300,000 on a conference held in phoenix at a lavish resort. This did not sit very well with stakeholders. AIG executives and upper management time and time again were showing little change in business practices even after the bailout.
The overall success for IDEO’s comes from the aspects of organizational process, culture and management. IDEO is an overall outstanding product development firm which helps organizations design products, environments, digital experiences and even services. The company does so through design thinking “methodology”. In other words, IDEO has a design philosophy as a role of prototyping. IDEO has as proven to be doing a spectacular job at designing products and services for these organization considering that they have designed over thousands of products.
Organizational structure can be defined as the “formal arrangement of jobs within an organization” (Robbins & Coulter, 2009, p. 185). Having a defined and unified structure helps employees work more efficiently. Jacques Kemp, former CEO of ING Insurance Asia/Pacific, realized this need early on in his role. The company had been performing well and recently acquired another insurance company to become “one of the largest life insurance companies in Asia-Pacific” (Schotter, 2006, p. 4). However, Kemp’s proactive personality led him to seek out ways to achieve more efficient coordination between the regional office and business units (Robbins & Coulter, 2009). Kemp noticed that “most business unit managers did not even know the current corporate standards” and he began searching for a way to manage the managers (Schotter, 2006, p. 5). ING Insurance Asia/Pacific’s organizational structure was mechanistic and fairly well structured, but for a company that had recently been involved in a major acquisition and was divided across 12 geographically dispersed markets there was a great need to tweak this structure to unify the company (Schotter, 2006). If I had been in Kemp’s position as CEO, I would have made modifications to the organizational chain of command, formalized business processes, and used technology to stimulate collaboration amongst the region to help this company overcome organizational design challenges.
This paper studies endogenous diffusion and impact of a cost-saving technological innovation -- Internet Banking. The bank understudy i.e. ICBC has efficiently embarked on its internet based private banking service. The vice director of e-banking felt that the entire project was an accomplishment in terms of its schema and satisfactory quality. Here is this case he needs to expound the understandings and the lessons internalized along the entire course of the project. Moreover, there were various issues which were raised during this intellectual itinerary, which included the challenges regarding computer system implementation, Information system design and most importantly the feasibility analysis. This case deals with the fact that how he confronted the challenges and developed a plan which immensely benefited bank.
Our analysis revealed that there was no alignment between the project and business outcomes at FNB. The majority of FNB’s profits were from corporate customers, but most of FNB’s information systems effort was directed at speeding up transaction handlings for small unprofitable accounts
Firstly, CIBC FirstCaribbean International Bank’s goal is to become the number one bank within the Caribbean. Even though the organization offers the lowest interest rates within the banking industry and provides excellent customer service they have not achieved being the leading bank. In addition, the company operates on a centralized organizational structure whereby the loan decisions are made only through Barbados. This process lengthens the turnaround time for an approval as compared to their competitors which results in customer dis-satisfaction and allows customers to switch to its rival. Staff complains about the work load as a result of the redundancy and not being compensated fairly. Furthermore, the organization is not risk averse as compared to their competitors which contributes to the decline in sales and
In the 1980s the Government of Kenya realized the need to design and implement policy reforms to foster sustainable economic development for an efficient and stable financial system. In particular, it set out to enhance the role of the private sector in the economy to reduce the demands of public enterprises on the exchequer, rationalize the operations of the public enterprise sector to broaden the base of ownership and enhance capital market development. It had become apparent that the commercial banks could not support and sustain a desirable economic development because they could not offer the necessary long-term credit. In 1984, a study on the Development of Money and Capital Markets in Kenya was jointly undertaken by the Central Bank of Kenya and the International Finance Corporation with the objectives of making recommendations on measures that would ensure active development and strengthening of the financial sector. This became a blu...
Despite the support, incentives and initiatives implemented for the Development Bank of Jamaica, the fact still remains that the bank effective operation will enc...
The Banking industry in most economies has traditionally been more synchronized than other industries. If there is downfall in other industries there is not much effect on the economy of the country but if downfall of the banks can lead to worse effect on the nationwide economy which results in the disordered payment system. It is not a goal of the a particular research work to find new theories for a particular system rather the elements of existing theories are included and used in new context. To address the research objective there is a method in which qualitative and quantitative approach is required. The Banking industry in most economies has been developed than any other industry Earlier the banks used to be crowded but now the banks as an alternative of attending customers’ everyday consult with them and ask them to pay more attention to central banking like project financing, advances, loan recovery etc.
To compare the private and public sector banks on the basis of the quality of service.
I have chosen HSBC Bank Egypt to study and provide a critical analysis of its macro environment. Egypt has been a shaky ground for almost all bankers but apparently HSBC has successfully and was best at managing its macro environment through the pas years as I have discovered in the library as follows : Global Banking News - 06 February 2013
Banking has greater importance in the economic development & also in the Development of different fields. Banks are playing a crucial role in the development importance of banking is as Follows.
Through this organization done accurate business planning, effective marketing, achieve higher global goals, more systematic management, instant customer support and real time monitoring, make better decisions, tools for better decision making, solve complex problems, and improved resource management. Without use of information technology we cannot think of long term business growth and it is the best way to make more profits, faster. Information technology continuously increasing the communication, efficiency and effectiveness of business operations, and productivity of
Lack of adequate level of telecommunications infrastructure, human capacity building and capital are some of the challenges developing countries are facing in adopting mobile banking. However (Proenca and Rodrigues, 2011) posits that e-banking enable banks to scale borders, change strategic behaviour and create a lot of new opportunities that can significantly reduce the physical costs of the banking operations.