Dutch Bangla Bank
Dutch Bangla Bank
Dutch Bangla Bank
On
A case study of Dutch Bangla Bank
Limited
Course Title: Principle of Management
Course Code: Mgt-1113
Submitted to:
Murad Hasan
Senior Lecturer
Department of BBA
Southeast University
Banani, Dhaka-1213
Submitted by:
Md. Ariful Islam
Batch: 29th
Section: C
ID No: 2011210000065
Department of BBA
Southeast University
Banani, Dhaka-1213
Planning is the core area of all the functions of management. It is the foundation upon which the
other three areas should be building. Planning requires management to evaluate where the
company is currently, and where it would like to be in the future. From there an appropriate
course of action to attain the company's goals and objectives is determined and implemented.
The planning process is ongoing. Depending on the circumstances, these external factors may
cause a company to adjust its course of action in accomplishing certain goals. This is referred to
as strategic planning. During strategic planning, management analyzes internal and external
factors that do and may affect the company, as well as the objectives and goals. From there they
determine the company's strengths, weaknesses, opportunities and threats. In order for
management to do this effectively, it has to be realistic and comprehensive.
Provide
direction
Managers on
gage in planning
to
Minimize
waste
redundancy
Reduce the
impact of
change
CEO
Regional
Manager
Regional
Manager
Branch
Manager
Branch
Manager
Branch
Manager
Branch
Manager
Regional
Regional
Manager
Manager
Branch
Manager
Branch
Manager
Directing
The third function of management is directing. Through directing, management is able to
influence and oversee the behavior of the staff in achieving the company's goals, as well as
assisting them in accomplishing their own personal or career goals. This influence can be gained
through motivation, communication, department dynamics, and department leadership.
Employees that are highly motivated generally go above and beyond in their job performance,
thereby playing a vital role in the company achieving its goals. For this reason, managers tend to
put a lot of focus on motivating their employees. They come up with reward and incentive
programs based on job performance and geared toward the employees' needs.
Effective communication is vital in maintaining a productive working environment, building
positive interpersonal relationships, and problem solving. Understanding the communication
process and working on areas that need improvement help managers to become more effective
communicators. The best way to find areas that need improvement is to periodically ask
themselves and others how well they are doing.
Controlling
Controlling is the last of the four functions of management. It involves establishing performance
standards based on the company's objectives, and evaluating and reporting actual job
performance. Once management has done both of these things, it should compare the two to
determine any necessary corrective or preventive action. Management should not lower
standards in an effort to solve performance problems. Rather they should directly address the
employee or department having the problem. Conversely, if limited resources or other external
factors prohibit standards from being attained, management should lower standards as needed.
and the bank have had to continue using its existing retail banking system. Brief information
about DBBLs technology and computer given below:
Currently DBBL use software named flex cube in the server.
It is purchased from Bangalore, India.
It costs over 25 core taka.
Dhaka bank, Eastern bank also use this software.
It is medium range, specialize banking software.
It can save 3 to 4 luck clients information and can frequently access over it.
DBBL use fiber optic cable in backbone.
DBBL have largest ATM network in Bangladesh. So the clients enjoy their banking facilities
in almost everywhere.
Everyday 100 core taka transactions occur in 850 ATM booths.
Backup System
DBBL has setup the largest and modern data center and online synchronized DRS(
data recovery site) in Bangladesh to safeguard the customers interest. All the
information of clients and related all data are stored in three server.
Main server, branch used server, backup server.
DBBL use mainframe computer to store data.
Among the hardware installations were the multi-processor clustered servers, TM, POS
terminal, card personalization system, high capacity UPS, host security module, networking
equipment.
Among the software installations were the core banking software, internet banking software,
sms and alert banking software, database and operating software.
The DRS will take over the control of branches, ATMs, POS terminals, internet banking
service, sms and alert banking system.
Criticism of the Information System
The bank is using the IS very efficiently and increasing its profitability, but still there are many
things that should be improved. Its mainly customized by their own employees.
Thats why it takes low level responsibilities. Management cannot use this software for
market analysis, hypothesis testing or client segmentation. However this software
hassome new features, but that should be more developed. Using of this software israrely new.
So, it needs more time to make itself as an international standard.
DBBL use high range software but skilled technicians are not available in Bangladesh.
For any kind of software problem bank has to contact with a software company which
located in other country. Which hamper the banking system.
The network frequency in Bangladesh is not good. Some time it dose not works.
Fiber optical is not fully operated in Bangladesh. so sometimes the server does not work.
If the server does not work the ATM network is stopped.
In some banks prediction is wrong.
In some case planning is wrong.
The present software is not capable to store huge volume of data.
DBBL has 12 luck clients but the software capable to store only 3 to 4 luck client data.
Presently bank operates their activity by increasing RAM.