13340144 PPT Slides of Internship Report NBP

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    STUDENT NAME

    mc06040

    MBA

    HRM

    VIRTUAL UNIVERSITY OF PAKISTAN

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    Brief Introduction of the

    OrganizationOverview of National Bank

    1- NBP maintains its position as Pakistan's Premier Bank

    2- It is the major business partner of the Government of

    Pakistan

    3- It specially emphasis on fostering Pakistan's economic

    growth througha ) Aggressive

    b ) Balanced lending policies

    Continued

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    Brief Introduction of the

    OrganizationBusiness Volume

    1. Non Interest based income shows impressive increase of

    about 3.7 billion Rupees.

    2. Administrative expenses increase by 25 % due to training

    facilities development.

    3. Credit rating maintained at AAA by JCR Credit RatingAgency.

    4. It has assets of 350 Billion Rupees

    Continued

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    Brief Introduction of the

    OrganizationBusiness Volume

    5. It follows the International Accounting Principles ,

    Islamic Accounting Principles and regulations of

    Institute of Chartered Accountants of Pakistan

    ( Source: NBP Quarterly Report September 2008 Pg No 9-10)

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    Brief Introduction of the

    OrganizationCompetitors

    First Women Bank Limited FWB

    The Bank of Khyber KB

    The Bank of Punjab BOP

    Public Sector

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    Brief Introduction of the

    OrganizationCompetitors

    My Bank Limited

    Bank Al-Falah Limited

    Bank Al Habib Limited

    Askari Bank

    Faysal Bank Limited

    Metropolitan Bank

    Limited

    Private Sector

    MCB Bank Limited

    ABL Pakistan

    Atlas Bank

    Habib Bank Limited Saudi Pak Bank Ltd

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    Brief Introduction of the

    OrganizationCompetitors

    ABN Amro Bank Al Baraka Islamic Bank

    American Express

    CITI Bank

    Deutsche Bank

    Doha Bank

    Foreign Banks

    Habib Bank A. G. ZurichCorporation

    Mashreq Bank PJSC

    Oman Bank

    Standard Chartered

    Bank

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    Brief Introduction of the

    OrganizationCompetitors

    Specialized Banks

    Zari Tarqiati Bank Ltd.

    Industrial Development Bank of

    Pakistan

    Punjab Provincial Cooperative Bank

    Limited

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    Organizational Hierarchy

    ChartHierarchy Of The Organizational Structure

    PRESIDENT

    BOARD OF DIRECTOR

    MEMBER EXECUTIVE BOARD

    BRANCHMANAGER

    REGIONALCHIEFZONAL CHIEF

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    Organizational Hierarchy Chart

    Head Office

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    Organizational Hierarchy Chart

    Jhelum

    Branch

    Hierarchy

    Branch Manager

    Departments

    CreditSanction Dept

    CorporateBanking Dept Credit

    AdministrationDepartment

    Foreign Trade

    Finance

    IT

    Operations

    Administration

    Agriclture

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    Training Program

    I was selected to do my internship in National Bank

    of Pakistan. I followed the training programme in

    these Departments

    DEPOSIT DEPARTMENT

    CLEARING DEPARTMENT

    BILLING DEPARTMENT

    ACCOUNTS DEPARTMENT

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    Training Program

    Tasks in Deposits Department

    I was giving tutorial on the deposit department about :-

    1- How to collect deposits from customers

    2- How to pursue customers

    3- Introduction to Customers

    I worked on following types of deposits offered by National Bank

    1. Current deposit2. Saving bank deposit

    3. Profit and loss saving account

    4. Fixed deposit

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    Training Program

    Tasks in Clearing Department

    I was giving tutorial on the Clearing department about :-

    1. How to perform Clearing of Instruments

    2. How to pursue Outward and Inward Clearing

    3. How to post the balance after Clearing

    4. Advantage of Clearing House

    5. Function of Clearing Department

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    Training Program

    Tasks in Clearing Department

    I worked on following types of Clearings in National Bank

    1. Inward Clearing ( Same Branch )

    2. Outward Clearing ( Another Bank)

    3. Clearing House

    4. Scrutiny of pay in slip5. Procedure after scrutinizing

    6. Procedure of clearing at clearing house

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    Training Program

    Tasks in Billing Department

    I was giving tutorial on the Billing department about :-

    1. How to perform Billing of Receipts

    2. How to pursue Billing Account of Account Holder

    3. How to post the balance after Billing

    4. Functions of Billing Department

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    Training Program

    Tasks in Billing Department

    I worked on following types of Bills in National Bank

    1. Inward Bills for Collection ( Demand Drafts )

    2. Outwards Bill for Collection ( Treasury Bills

    Documentary bill, Pay order)

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    Training Program

    Tasks in Accounts Department

    I was giving tutorial on the Accounts department

    about :-

    1. How to maintain Journal of Accounts

    2. How to maintain Vouchers System

    3. Functions of Billing Department

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    Training Program

    Tasks in Accounts Department

    I worked on following types of Accounts in National

    Bank

    1. General ledger

    2. Statement of daily affairs.

    3. Cash book or Cash cum day book.4. Transfer book

    5. Income and expenditure ledger, etc.

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    Structure of HRM

    Department

    DEPARTMENTAL HIERARCHY

    Vice president

    Human Resources

    Manager

    Total compensation

    Manager

    people &

    Organizational

    development

    Manager

    Labor relations

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    HRM Process in the

    Organization

    HUMAN RESOURCE MANAGEMENT PROCESS IN

    THE ORGANIZATION

    National Bank of Pakistan has an existing Human Resource developmentdepartment, which operates to:-

    Increase the exist in g sk i l ls of the peop le exist in g

    New people com ing in the organizat ion

    In order to achieve its objectives in a more efficient and effective manner

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    HRM Process in the

    Organization

    HUMAN RESOURCE MANAGEMENT PROCESS IN

    NBP

    The HRM process consist of the interrelated activities in National Banklike :-

    Recruitment

    Selection

    Training Compensation and supervision

    When applying the process diversity, labor laws and privacy is

    considered

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    HRM Process in the

    OrganizationHuman Resource Planning and Forecasting

    Organizational Study

    To Determine the organizational mission

    Scan the organization environment

    Set strategic goals:

    Formulate a strategic plan

    Course of action is designed

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    HRM Process in the

    OrganizationHuman Resource Planning and Forecasting

    These are steps of Planning process in NBP

    Determining the objectives

    Defining skills required to meet objectives

    Determine additional human resourcesrequirements

    Develop action to meet the anticipated HR

    needs

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    HRM Process in the

    OrganizationHuman Resource Planning and Forecasting

    Forecasting

    Zero- base forecasting

    This method uses the NBPs current level of employment as the starting point for

    determining future staff needs in NBP

    Bottom- up approach

    It is a forecast method in which each successive level of the NBP, starting with the lowest

    and forecast its employee requirements in order to ultimately provide an aggregate

    forecast of employment needs.

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    HRM Process in the

    OrganizationHuman Resource Planning and Forecasting

    Forecasting

    Use of mathematical models

    Mathematical model also use for forecasting HR requirements. It defines relationship

    between demand and the number of employees needed

    Simulation

    It is a technique for experimenting with a real world situation through a mathematical

    model representing that situation

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    HRM Process in the

    OrganizationEmployees Recruitment & Selection

    Preliminary CV

    Screening by

    Software

    Entry Test

    and Initial InterviewPreliminary Interview

    Selected CandidatesHR Interview

    Final Panel / Group Interview

    Selection & Offer

    NBP Recruitment Process

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    NBP has devoid Two basic training techniques

    First is related to the training and development ofmid term plan, regarding new & middle level

    employees

    Second, the training & development for long termplan, regarding the career development of higher

    level employees

    HRM Process in the

    OrganizationTraining & Development

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    NBP applies on-job and off-job strategies to train its

    employees

    NBP training & development academy advises Job

    rotation to ensure & facilitate the producing of all

    rounder

    HRM Process in the

    OrganizationTraining & Development

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    The training plan is started at least 2 months before

    the commencement of New-year, in order to make iteasy for the socializing and orientation of the new

    employees

    NBP believes in pre-post training test for existing

    employees & post training test for new employees

    HRM Process in the

    OrganizationTraining & Development

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    HRM Process in the

    OrganizationPerformance Management

    In personal traits evaluation there are ten things

    1. Discipline and Punctuality

    2. Initiative and Drive

    3. Team Spirit

    4. Intelligence5. Honesty

    6. Interpersonal Relationship Skill

    7. Creativity and Innovations

    8. Flexibility

    9. Loyalty and Devotion

    10. Fitness

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    HRM Process in the

    OrganizationPerformance Management

    And in performance factor there are also ten things

    1. Professional Knowledge

    2. Improving Corporate Culture

    3. Decision making ability

    4. Ability of visualize and plan5. Ability to act on emergent situation

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    HRM Process in the

    OrganizationPerformance Management

    6. Ability to implement decisions

    7. Ability to guide and create team work

    8. Communication Skills

    9. Customer Relationship

    10. Acquaintance with technological improvement

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    HRM Process in the

    OrganizationPerformance Management

    Performance Evaluation

    An employee has not any right access to his/her Annual

    Confidential Report, but s/he will be informed; so that s/he

    can correct/improve/rectify himself/herself from his/herweaknesses if s/he has any.

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    HRM Process in the

    OrganizationPerformance Management

    After finishing the Annual Confidential Report (ACR) inpaper HR department enter those reports in the

    database

    On the Basis of Evaluation Benefits are offered in termsof promotions, rewards etc

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    HRM Process in the

    OrganizationCompensation , Benefits and Types

    Different types of compensation includes

    Base Pay

    Commissions

    Overtime Pay

    Bonuses, Profit Sharing, Merit Pay

    Stock Options

    Travel/Meal/Housing Allowance

    Benefits including:

    dental, insurance,

    medical, vacation,

    leaves, retirement,

    taxes

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    HRM Process in the

    OrganizationOrganizational Career Management

    Resignation

    When an employee wants resignation, he has to apply in Human Resource

    Department. He should notice Human Resource Department three months before

    he resign. If he fail to inform three months before then he has to pay three

    months gross salary amount

    After an employee applying for resignation Human Resource Department will

    query all the branches that the employee has any transaction with any branch or

    not. If the branches reports are ok then the Head of HRD approve his/her

    resignation and send to the employees Branch Manager

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    HRM Process in the

    OrganizationLabor management Relations

    The Society for Labor welfare is formed within the NBP which functions

    with the help of mismanagement so form a good cohesive relationship andprovide

    1- To provide immediate relief to any accidental causality

    2- Provide some benefits to the heirs of the on job deceased

    3- Arranges Variety Shows for the families of the Employees

    4- Arrange Educational funds or Benefits for the Employees

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    Critical Analysis

    Practicing Human Resource Knowledge Effectively

    Train Staff with latest IT tools and Knowledge

    Improve General Banking Facilities

    Change the Mind of Old Employees to Adapt ITUnclear Brand Image of Bank

    People Think it as Govt. Bank with Lack of Facilities

    Lack to Handle Foreign Exchange

    Customers wants fast and innovative servicesHR management is less existent

    Motivational Tools are not followed

    Promotion of employees is not done regularly

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    SWOT Analysis of NBP

    STRENGTHS

    1. Financial Strength

    2. High Percentage of Gross Profit3. Large number of Branches

    4. Govt. Support Image

    5. Huge Assets

    6. Large Number of Govt. Deposits

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    SWOT Analysis of NBP

    WEAKNESSES

    1- Traditional Approach

    2- Lack of IT Infrastructure3- Burden of Running Extra Branches

    4- Lack of Modern Banking Products

    5- Low No. of Online Branches

    6- Inside Recruitment ( Not on Merit)7- Weak Customer Handling

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    SWOT Analysis of NBP

    OPPORTUNITIES

    1- Electronic Banking

    2- Micro Finance

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    Conclusion

    After the completion of my internship report I draw the

    following Conclusions :-

    1. NBPs process of sanctioning advance is lengthy2. NBPs staff members are not Comparatively well trained

    3. NBPs HR Management is Poorly Working

    4. NBPs pay large amounts on administration cost

    5. NBPs Customer handling is poor6. NBPs record on paper is awesome but it lacks the latest

    banking techniques and technology

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    Recommendations

    Areas Where Improvements is to be needed

    1. Internal & External Audits

    2. Communications Skills3. Aggressive marketing strategies in banking

    4. Institutionalization of Human Resource Management

    5. Research and Development facilities should be improved

    6. Look into Scope of Investment Banking

    7. Stop Money laundering and white-collar crimes

    9. General working conditions ought to be improved

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    Thank You