Case Study: Askari Bank Limited

Managing a Bank crisis is one of the most difficult tasks of a regulator. Banks and financial institutions had to take counter measures in order to survive and remain competitive. Efficient regulatory framework identifies the benefits of a sustainable financial system. It helps the organizations to work efficiently, objectively and the country will have transparent markets. Regulatory system is open minded to the needs of investors when implementing directions to curtail regulations for certain types investment related products and services. It also maintains accountability with respect to market participants and policy makers.

Human resources management is getting more and more attention. In the mature system of economic development, human resources management must cooperate to strive for the best resource benefits, if the inappropriate staffing inappropriate positions, resource efficiency is not only, or may be depleted. The modern economy emphasizes balance and cooperation to improve management efficiency and quality, it

The economic environment in nowadays dynamic, it is fairly important for organisations and managers to recognise the curtail of Human Resource Management. It is clear that Human Resource Management (HRM) has become one of the most recommend management strategy in the modern business (Leopold and Harris, 2009). Human Resource Management is a technique process of managing people in the workplace to enable and enhance organization performance (Leopold and Harris, 2009). This theory involved the responsible to attracting, selecting, training and managing people which make employees become more valuable to the organisations. It invests effect in learning and development at work. Also to communicate with all employees at each level to reward successful employee relations (Wilton, 2011). Human Resource Management plays a very important role in the operation strategy and management concerns in work organisations of all kinds (Leopold and Harris, 2009). In aim to justify this statement by evaluate the benefit and importance of Human Resource Management in contemporary work organisations. This essay will focus on analysis the advantages of use Human Resource Management in business also underline by explain more detail about the different HRM strategy brings benefits and give competitive advantages impact to the organisation success. Then summarise by a general conclusion on the importance of HRM in contemporary work organisations.

Descriptive survey type of research was used because this method or type of research is commonly conducted to collect detail description of existing phenomena with the intent of' employing data to justify current conditions and whenever possible to draw valid general conclusions from the facts discovered (Koul, 2006). As it fits to the purpose of the study, this research design was used to assess the quality of service delivery by asking customers about their expectations with regard to the bank's service and their perception on the actual service delivered by the bank and finally to compare and contrast the two for the sake of reaching up on discrepancies, if any.

Human resource is the one of the most important productivity factor in the organization. Therefore organization need to utilize the other productivity factors of land, capital and entrepreneur. Therefore utilizing the human resource or labor is a vital factor for the organization. Because, satisfying the organizational internal and external customers are more difficult, if they become

The history of First Bank of Nigeria Plc dated back to 1894 when it was founded and incorporated as a limited liability company on 31st March 1894 under the corporate name of the bank of British West Africa (BBWA). At that time, it operation was in Lagos but had its head office in Liverpool. The bank worked closely with the colonial government to the extent of performing the traditional functions of a Central Bank in the West Africa sub-region.

- Human Resource management is linked to productivity as it is directly linked to strategies and objectives of the

The role of Human Resources is to improve its performance by enhancing the effectiveness of its day-to-day working practices, the capability of its people and the quality of its output.

Performance management is a discipline that aims at promoting organizational performance by managing the human capital of an organization. The know-how, skills and capabilities that inherent and used by workers in an organization are referred to as human capital. Human capital is an integral asset of any business, company or organization and many of them have concentrated their investments of human capital. Why are organizations interested in the development management and promotion of human capital? Is human capital becoming more and more relevant to organizations? Studies have indicated that there is a huge overt and covert influence of human capital on the performance of any organization and business and there has been intensive research on human capital as a factor in business and organizational performance. This is why organizations are increasingly empowering their human resource departments which deal with the human capital. It has been proved by various studies that any practice that promotes or enhances human capital influences organizational performance directly by molding organizational behavior and attitudes. Human capital also creates structural and operational focal points that improve efficiency. According to most business executives, people are the most integral assets in any organization because they are the

Human resource management is an effective tool for the overall performance and survival of a business firm. Human resource is the only resource in an organization which is scarce and unstable. Human capital helps a firm to improve the performance of the firm’s assets and leads the entire firm towards attaining a sustainable competitive advantage. The human resource management function aims at increasing the skills, knowledge, abilities and experience of an employee.

Human resource is the main asset and the best element of an organization for achieving the ultimate goal. This valuable asset activates all other capital investments of the organization. Human resource is the main strength to achieve long term growth of any organization. That’s why every organization needs to use the best skilled human resource for attaining large market share and competitive position. The success of any organization largely depends on well-structured and highly skilled human resource team. Standard recruitment and selection process help to find out the skilled and qualified people for the job (Boxall, 2007). Human Resource (HR) manager of organization plays a great role to recruit and select the valuable human and appoint them in the work place. After the training and development, the performance of human resource of an organization is measured through performance and appraisal process.

ANS. The institutional voids/deficiencies highlighted by the case are huge in number, we can discuss it in points:-

The major purpose of this report is to find out the performance, details of all the departments, functions of the Askari bank, role of Askari bank in the economy of Pakistan and to prepare an inclusive report which covers all the features of the bank. In this report, I did the same thing which is required to study the organization on the whole.

Company Profile |Products |Sell Offers |Buy Offers |Contact Details | |Askari Bank, one of the leading banks of Pakistan. The bank was founded in 1992, and in the 18 years since, our growth and success patterns have far outgrown industry standards. Askari Bank has expanded into a nationwide presence of 150 branches, and an offshore banking Unit in Bahrain. A shared network of over 1,100 online ATMs covering all major cities in Pakistan supports the delivery channels for customer service. As on December 31, 2007, the bank had equity of PKR 12.27 billion and total assets of PKR 182.17 billion, with over 800,000 banking customers, serviced by 6,808 employees. We have reinforced our products with new deposit schemes bearing competitive rates

Company Profile |Products |Sell Offers |Buy Offers |Contact Details | |Askari Bank, one of the leading banks of Pakistan. The bank was founded in 1992, and in the 18 years since, our growth and success patterns have far outgrown industry standards. Askari Bank has expanded into a nationwide presence of 150 branches, and an offshore banking Unit in Bahrain. A shared network of over 1,100 online ATMs covering all major cities in Pakistan supports the delivery channels for customer service. As on December 31, 2007, the bank had equity of PKR 12.27 billion and total assets of PKR 182.17 billion, with over 800,000 banking customers, serviced by 6,808 employees. We have reinforced our products with new deposit schemes bearing competitive rates