SWOT ANALYSIS:
SWOT analysis is an acronym that stands for Strengths, Weaknesses, Opportunity and Threats. This is a careful assessment of an organization’s strengths to avail an opportunity by overcoming its weaknesses and phasing out all he threats to its persistence in order to grow and survive. SWOT analysis of Allied bank garden town branch are as follow:
3.1.1 Strengths:
• Branch is centralized with regional office through online system.
• Branch is provided with latest online software named T24 which is only purchased with complete features by Allied bank.
• Most of work is done through computer machinery which boost up the pace of work and accuracy.
• The branch is linked through an online network of 1000 BRANCHES, thus enabling them
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Thus it increases the number of customers.
• Branch have well experience and skill full employees which are professional in nature.
• Branch is located near army check post which makes it safer and secure.
• The organizational culture is cooperative and regular visits are made by regional head.
• To enhance the business a business development manager is hired only for broad up the business.
• Branch is fully equipped with latest computer systems printer scanner and fax machine and also with heavy generator and UPS, which enables fast and smooth working and reduce 4ques of customer.
• Branch computer systems are centralized with BSM system all entries made by BSO or head taller are first authorized by BSM then any other action will be proceeds. This reduces the chance of error.
3.1.2 Weaknesses:
• Branch is located near industrial hub no visits are made by BDM for approaching more business account in the branch.
• Proper marketing is done by the branch in the area even no guiding board is placed on road to guide people about bank presence.
• Branch is located near agricultural are but agricultural finance is not promoted to
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• Lockers are less in quantity only 61 and 59 have been allotted to customers. Demand is increasing for lockers.
• The Branch has a good staff combination on the basis of experience, but their training capabilities are not up to the requirements of the fast changing banking environment.
• Nepotism was observed on part of the manger as well as the top management towards some staff members.
• The organization is very much mechanistic and provides no flexibility to encourage creativity.
• The customer’s Long-term contacts are not maintained with customers.
• There is a lack of functional and proper research and development, which could scan the micro and macro environmental data for future planning and strategy.
• The discretionary powers of manger are very low to offer more incentives and value added services to its customers.
3.1.3 Opportunities:
• No commercial bank have focus to attract the female population, ABL can introduce exclusive facility for women.
• Bulk accounts of business firms working in industrial estate.
• Allied bank garden town have opportunity to attract farmers for short term agricultural
The SWOT analysis is commonly known as a tool for business analysis. Its main use is for looking at strengths and weaknesses to do with the organisation, current or future opportunities and possible internal and external threats. These can then be dealt with to make them into a positive.
SWOT analysis provides a structure for analyzing either your own strengths and weaknesses, and the opportunities and threats you face, or in a work context for analyzing the strengths, weaknesses, opportunities and threats a business or event faces. Ideally it is one step in a process which helps you to
SWOT Analysis is a simple but useful framework for analyzing your organization's strengths and weaknesses, and the opportunities and threats that the company face. It helps you focus on your strengths, minimize threats, and take the greatest possible advantage of opportunities available to you will giving you the opportunity to ward off possible threats from external sources.
Swot analysis refers to the strength, weaknesses, opportunities and the threats that a business faces. Every company has its strengths, weaknesses, opportunities and threats that it faces.
SWOT refers to the Strengths and Weaknesses of an internal factor of a firm and the Opportunities and Threats of an external environment facing the firm. SWOT analysis is a technique widely used by managers to provide strategic overview of the company. The best approach and most effective technique to SWOT is maximizing the company strengths and opportunities and minimizing weaknesses and threats. When this assumption is applied accurately, the outcome of the company can be a very powerful and successful.
A SWOT analysis is an evaluation a company’s strengths, weaknesses, opportunities, and threats (Armstrong, 2010, p.77). A SWOT analysis is a useful tool in comparing a business, or in this case a character’s, traits to the situation and to other characters.
3. The acronym SWOT stands for an organizations strengths, weaknesses, opportunities and threats. A SWOT analysis is strategic planning method that evaluates the internal and external performance of an organization to see if it’s favorable or unfavorable to achieve whatever objective you are set out to accomplish. Strengths and weaknesses usually arise from the internal aspect of an organization, whereas opportunities and threats evolve from external components. By performing a SWOT analysis it provides information to managers to help formulate a successful strategy to achieve goals.
All the bank's branches have connectivity which enables the bank to offer speedy funds transfer facilities to its customers. Multi-branch access is also provided to retail customers through the branch network and Automated Teller Machines (ATMs).
This is to certify that the work presented in the project entitled “SALES PROCEDURES AND LOGISTICS OF USHA MARTIN”
This is to certify that the work presented in the project entitled “SALES PROCEDURES AND LOGISTICS OF USHA MARTIN”
Urban Co-Operative banking Sector is a vital constituent of co-operative banking system framework operation in the nation. These organizations assume an imperative part in the financial enrollment of lower and middle salary class of people. The Reserve Bank of India in its yearly provide details regarding patterns and advance in banking expresses that urban banks women urban banks are critical purveyors of credit to small borrowers and to powerless segments of the general public however is not turning out with any steady arrangements that will fortify the part of women UCBs.
SWOT analysis is an acronym for Strength weaknesses, opportunities, and threats and is an organized arranging technique that assesses those four components of an undertaking or business wander. A SWOT investigation can be completed for an organization, item, place, industry, or individual. It includes determining the target of the business wander or extend and recognizing the inside and outside variables that are ideal and unfavorable to accomplish that goal. In this article am going to discuss Audi bank which is Lebanon bank and HSBC which is global bank
According to What is SWOT Anlysis (2011), SWOT analysis is an analysis used to identify the internal factors (strengths and weaknesses) of the company as well as external factors (opportunities and threats) of the company.
Its 2015 but still bank has not been able to provide financial services to the underprivileged people till this date people are excluded from financial services. Strategies should be made according to the different villages and all efforts must be put to raise the standard of people in the state of Jammu and Kashmir. Bank should make polices for common people to ensure that inclusion of poor is kept in mind.
SWOT analysis involves identifying business’s strengths and weaknesses, and examining the opportunities and threats which may affect the business. SWOT analysis aims to identify the key internal and external factors seen as important to achieving an objective.