Chapter-10
On the basis of "SWOT" analysis, one can analyze the present status and performance of an organization and can make conclusions and recommendations.
The "SWOT" analysis consists of four words that are S, W, 0 & T, which stand for Strengths, Weaknesses, Opportunities and Threats respectively.
10.1 STRENGTHS:
1. Nationalized Bank:
Being a nationalized bank the Govt. support to NBP is the major strength of NBP.
2. Largest Branch net work:
The network of the branches of NBP is largest then any other bank inside the Pakistan. i.e. 1199.
3. Strongest capital structure:
The capital structure of NBP is very strong it is very easy to conduct operations with large capital.
4. Monopolistic hold:
The NBP have monopolistic hold by capturing the govt. accounts and
maintaining the confidence of the individuals by govt. support .
5. Public confidence:
Being considered to be a Govt. bank the public have much confidence on NBP then any other national or multinational bank.
Something an organization is good at doing is termed as its strength. NBP's other strengths are:
1. Experience of operation, as the bank was established in November 1949. Bank's emphasis on consumer banking by providing them With innovative saving schemes, products and services suiting best to their life style.
3. Best and optional policies and attractive compensation packages
for employees, which really improved their commitment, dedication and hard work towards the accomplishment of bank's objectives.
4. Easy access to the customers at their residential localities through a well spread branch network.
10.2 WEAKNESSES:
1. Poor performance of the workers
Like all other Govt. Sectors the performance on the part of the workers is also very low. The attitude of the workers towards the public is also insulting which .affects badly on the business of the bank.
2. Untrained staff:
It is also a major weakness of NBP that majority of its staff is untrained whose performance is also very low.
3. Favoritism and nepotism:
It is also a major weakness of NBP because of nepotism and favoritism the competent personnel cannot reach the higher positions and badly affects the performance.
4. Govt. interferences:
"Govt. interferences also badly affect the credit and other policies of the bank.
5. lack of coordination:
The efforts of the employees are not coordinated as well as other operations of the bank are also not well coordinated.
6. Unpleasant working environment:
Unpleasant working environment is also a major weakness of the NBP. Because of this reason the performance of the workers lowers down.
7. Complaint of Customer
In the branch, there is no facility available. for the customer complaint. It hampers the image of the bank.
8. Note Counting Machine
On the basis of "SWOT" analysis, one can analyze the present status and performance of an organization and can make conclusions and recommendations.
The "SWOT" analysis consists of four words that are S, W, 0 & T, which stand for Strengths, Weaknesses, Opportunities and Threats respectively.
10.1 STRENGTHS:
1. Nationalized Bank:
Being a nationalized bank the Govt. support to NBP is the major strength of NBP.
2. Largest Branch net work:
The network of the branches of NBP is largest then any other bank inside the Pakistan. i.e. 1199.
3. Strongest capital structure:
The capital structure of NBP is very strong it is very easy to conduct operations with large capital.
4. Monopolistic hold:
The NBP have monopolistic hold by capturing the govt. accounts and
maintaining the confidence of the individuals by govt. support .
5. Public confidence:
Being considered to be a Govt. bank the public have much confidence on NBP then any other national or multinational bank.
Something an organization is good at doing is termed as its strength. NBP's other strengths are:
1. Experience of operation, as the bank was established in November 1949. Bank's emphasis on consumer banking by providing them With innovative saving schemes, products and services suiting best to their life style.
3. Best and optional policies and attractive compensation packages
for employees, which really improved their commitment, dedication and hard work towards the accomplishment of bank's objectives.
4. Easy access to the customers at their residential localities through a well spread branch network.
10.2 WEAKNESSES:
1. Poor performance of the workers
Like all other Govt. Sectors the performance on the part of the workers is also very low. The attitude of the workers towards the public is also insulting which .affects badly on the business of the bank.
2. Untrained staff:
It is also a major weakness of NBP that majority of its staff is untrained whose performance is also very low.
3. Favoritism and nepotism:
It is also a major weakness of NBP because of nepotism and favoritism the competent personnel cannot reach the higher positions and badly affects the performance.
4. Govt. interferences:
"Govt. interferences also badly affect the credit and other policies of the bank.
5. lack of coordination:
The efforts of the employees are not coordinated as well as other operations of the bank are also not well coordinated.
6. Unpleasant working environment:
Unpleasant working environment is also a major weakness of the NBP. Because of this reason the performance of the workers lowers down.
7. Complaint of Customer
In the branch, there is no facility available. for the customer complaint. It hampers the image of the bank.
8. Note Counting Machine
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