The corporate culture of the bank

Keep in mind that building an effective system of controlling its entirety by the bank's corporate culture. Corporate culture promotes the implementation of sound business standards and corporate practice and is essential to address such strategic issues as sustainable development and increase the market attractiveness of the bank. Consistency with the objectives of the purposes of controlling the activities of the bank. The objectives of controlling should be as subject to the objectives of the bank. The organizational structure of the bank should be constructed so as to fully support the objectives of its activities, which are formed depending on environmental conditions. Under the influence of exogenous factors changing environment and conditions of banks. Thus, rapid environmental changes (innovations in communications, information technology, intensive development of the domestic market) led to the automation of banking activities, changes in customer needs and nature of the relationship with their banks, the banks to the new national and international markets are developing dynamically. Under the influence of different factors decreasing market share, narrowing the price range of banking services, reduces the profitability of banks, which leads to the need for adjustment of organizational structures. For the purpose of discovery and development of future profitable areas of activity, banks need to conduct far-sighted strategy. Banks involved in the global process of change should be solved by means of which the organizational structure and a controlling system in the future they will compete for customers and markets for banking services. To change or adaptation of the organizational structure of the bank in accordance with market conditions requires a change in its controlling system improvements occurs through redistribution of tasks, the types and volumes of work. Understanding the essence of controlling constantly expanding, becoming a key issue of bank management. The size of the bank. The bigger the bank, the harder and slower through a cycle of becoming controlling. Bank size also affects the choice of organizational structure for controlling service. Topic: Controlling Improvement | Tags: Corporate Culture