ACKNOWLEDGEMENT
This project report has been prepared as the partial fulfillment of the requirement for the Bachelors in Engineering. The motion of the report is to be acquainted with the “Management Practice of an Organization” referred to Nepal Investment Bank Limited.
It has been a gratifying and knowledgeable for us to prepare this report. We are grateful to Lecturer Mr. Anul Joshi and Professor Mr. Shyam Krishna Joshi of Organization and management, Advance college of Engineering and management for his encouragement and valuable suggestion.
We are especially indebted to Mrs.Arpana Giri(Relationship Manager) and all the staffs of Nepal Investment Bank Putalisadak Branch who provided with necessary documents and information regarding
…show more content…
The employer gets personal supervision and guidance from the top level management. The setting of NIBL environment is that where employee can receive awards that they genuinely want by performing in ways that fit the organizations goals and objective. The NIBL manager understands how and why employees make different choices regarding their own performance.
The leader-behavior of NIBL team has helped it to be continuously one of the best banks of the nation and the top management at NIBL is always exhibiting maximum concern for the satisfaction of both employee and consumers.
Board of Directors Mr. Prithivi Bahadur Pandey | Chairman/Chief Executive Director | Group "A | Mr. Prajanya Rajbhandari | Director | Group "A | Mr. Deepak Man Serchan | Director | Group "A | Mr. Krishna Prasad Sharma | Director | Rastriya Banijya Bank | Dr. Shiva Hari Shrestha | Director | Rastriya Beema Sansthan | Mr. Surendra Bdr. Singh | Director | Public Shareholder | Mr. Damodar Prasad Sharma Pandey | Professional Director | Under BFIA |
MANAGEMENT PRACTICES
The term `management’ comes where there is the teamwork either of two persons or more than two in order to provide service and to get profit according to the objectives. Simply management is a function played in organization. There are probably as many definition of management as different experts define it differently. Many of the definitions are relatively concise and simplistic. For example,
Management is the allocation of scarce resources against an organization 's objective, the setting of priorities, the design of work and the achievement of results. Most important, it 's about controlling.
Third, there was a key fact of the internal environment. Before NBB was marketed, Lebesch and his wife established the core values and beliefs that led to a culture that is ethical, environmentally concerned and socially responsible. NBB is dedicated to the employees, customers and environment while being
CIBC has focused its core business on retail and business banking, wealth management, and whole sale banking. They have shown a proven track record of providing there customers with financial services and advice through a group upwards of 1100 branches worldwide. Strategies CIBC has portrayed is to continually find new ways to enhance the experience of the client and to stimulate safe revenue growth. CIBC has put emphases on creating deep meaningful relationships with all clients, constantly trying new ways to improve service and sales prospects and to create relationships with new clients while retaining existing clients for a long period of time (CIBC).
What is Management? This is in itself is open to debate in various cultures and practices as there are a number of different managers across all areas of life from a shift manager, upper, lower and middle management to a football club manager. To me a manager is an individual who is in charge of a certain group of tasks, or a certain subset of a company. A manager often has a staff of people who report to him or her, but can also just be held
RNB is the market leader in the commercial banks with a relative market share of 1.05 in terms of total deposits.
Practically speaking, management is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. There are several different resource types within management, such as:
The lens of South Block and a particular genre of Indian politicians has four basic components: 1) Nepal falls under the “natural” geopolitical influence of India, under the so-called extended Indian security umbrella, and it should remain that way; 2) Delhi can twist Kathmandu’s arms whenever it wants because of the excessive economic dependence of Nepal on India and its landlocked-ness; 3) India is entitled to micro-manage affairs in Nepal precisely to maintain that umbrella; 4) and a little “controlled instability” will do the trick. The South Block and Indian strategists might be divided in the fourth component, but, most of the South Block and this particular genre of Indian politicians seem to agree in the rest of the three components. This group of actors, however, hide this outlook in a convenient and sugar-coated narrative, directed at its own people and to the world. The narrative is: Because of the people-to-people level connections between India and Nepal, we have a brotherly relationship. It is
➢ To analyze the existing structure, Strategy and planning mechanism, decision-making process, Human Resource Management systems, Organizational behavioral environment, Leadership practices, Motivational tools and controlling systems of this company.
The definition of management is to exercise executive management, administrative, and monitoring of a group or organization.
Management can also refer to the person or people who perform the act(s) of management.
The programme draws upon Indian and global experience in doctoral education in management and various related fields. The programme is also designed to serve as a venue for nurturing various academic debates concerning management research. The programme structure includes a significant component of research training, facilitated by both in-house and visiting researchers.
On April 25th, 2015 Gokha Earthquake with a magnitude of 7.8 struck Nepal. Followed by another earthquake reaching 7.3 magnitude. Over 800,000 homes across Nepal through cities and villages have been destroyed. With a count of 9,000 deaths and 22,000 injured people. Currently, not one single home has been restored through Nepal, although it has been one year since the earthquake. The Nepalese people reside under tarps, slates of metal, and whatever materials they can find to construct a place to sleep under. Which has made a large impact on the health and well being of the Nepalese people who do not have a place to live anymore. Water and food has become a major crisis for the Nepalese people. Some organizations and corporations have given food, water, and aid relief to the Nepalese people, yet, they still seem to be living in the conditions of the earthquake aftermath. Nothing has changed since.The central issues is within the political organization of the Nepalese Government. They do not have a solid foundation for their government and also it is filled with corrupt politicians, it has put Nepal on the back burner of being able to recover from the earthquake. With an unstable government the
If management is inadequate to handle the business and gain competitive advantage, the catastrophe of losing investment, time and customer will not be far ahead. This paper discusses two businesses (Gurkha Development Bank (Nepal) Limited and BlackBerry) which failed due to lack of management. This paper also includes viable recommendation for overcoming the situation.
NBO provide flexible work environment to it worker and able to respond to the market change quickly and easily due to its flexible strategies. For example, flexible work hours, long period loans installments, 24/7 customer services, and provide home-working facility for the
23. Jawahar Babu K.V.S.N and B.Muniraja Selkhar, IOSR Journal of Business and Management (IOSRJBM) ISSN: 2278-487X Volume 2, Issue 5 (July-Aug. 2012), PP 01-05 www.iosrjournals.org