The method of expert evaluations

The expert evaluations based on considerations of independent experts or highly skilled bank employees who have an opinion about the object of research. Distinguish between individual and collective expertise, which can be represented? As a script, interviews, questionnaires, etc. Individual assessment is based on the opinion of some experts, who offer independent judgments. The collective expertise is used in controlling in the case where management seeks to achieve a collective decision on the key issues of the bank, for example, in deciding: whether the merger with other banks or acquiring other banks, out of the bank into new market segments, the introduction of new forms of banking customers of new products; feasibility of expanding the branch network. Simulation modeling is reduced to simulate a particular economic system of the bank or other entity, which has certain characteristics. Imitation is appropriate to use when a large number of variables, the complexity of the mathematical analysis of certain relationships between variables or a very high level of uncertainty. This method can be used for controlling projects, strategic and operational planning and business process reengineering. Simulation results are summarized using the scenario method, which can be represented as a dynamic model of the future development of events with the probability of their occurrence. Usually formed several alternative scenarios of population in the base which is elected by a variant of which is the basis for management decisions. The choice of tools depends on the controlling purpose of the study, the sufficiency and reliability of information systems. We must also consider the effectiveness of which can be interpreted as taking significant management decisions based on diagnosis of some economic aspects of the bank with the appropriate tools. Topic: Analysis of Controlling | Tags: banking system