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Optimisation of the alignment of business and credit functions in the private bank segment in a South African bank
Dissertation (MBA)--University of Pretoria, 2010.
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| Format: | Thesis |
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University of Pretoria
2013
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| _version_ | 1867613572381540352 |
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| access_status_str | Open Access |
| author2 | Price, Gavin |
| author_browse | Price, Gavin |
| author_facet | Price, Gavin |
| collection | Thesis |
| dc_rights_str_mv | © 2007 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria |
| description | Dissertation (MBA)--University of Pretoria, 2010. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/23813 |
| institution | University of Pretoria (South Africa) |
| last_indexed | 2026-06-10T12:38:16.420Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2013 |
| publishDateRange | 2013 |
| publishDateSort | 2013 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/23813 Optimisation of the alignment of business and credit functions in the private bank segment in a South African bank Price, Gavin upetd@up.ac.za Chetty, Daniel UCTD Banks and banking Dissertation (MBA)--University of Pretoria, 2010. Currently the sales and credit departments of Private Banks have divergent business objectives. The sales department’s primary objective is to sell the bank’s products and generate revenue through new business acquisition, while the credit department’s objective is to balance risk and reward by ensuring that capital is deployed in the most effective manner. In the private bank department of the bank that was studied, these divergent objectives have led to inefficiencies in the business processes and have promoted the silo-based operations, which impact the customer experience negatively. Several strategies for future implementation were identified in order to optimise the alignment between the sales and credit functions of the private banking department of the bank. The strategies were categorised into customer centricity, relationship pricing, alignment of personal key performance indicators, addressing of system inefficiencies and exploring various alternate strategies (e.g. strategies that aim to achieve a better understanding of each others’ roles and work pressures better; improving communication; aligning their goals; working towards supporting the success of each department). It was found that there was a strong alignment of the views of the private bank staff (credit and sales viewed as a group) towards the future strategies. When the views of the credit staff were compared with the views of the sales staff, it was found that there was alignment of the opinions of the two departments on the futures strategies that could be implemented to allow credit and sales to work more effectively together. Gordon Institute of Business Science (GIBS) unrestricted 2013-09-06T15:56:59Z 2010-07-02 2013-09-06T15:56:59Z 2008-04-07 2010-07-02 2010-04-06 Dissertation Chetty, D 2007, Optimisation of the alignment of business and credit functions in the private bank segment in a South African bank, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/23813 > G10/284/ag http://hdl.handle.net/2263/23813 http://upetd.up.ac.za/thesis/available/etd-04062010-144823/ © 2007 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria application/pdf University of Pretoria |
| spellingShingle | UCTD Banks and banking Optimisation of the alignment of business and credit functions in the private bank segment in a South African bank |
| title | Optimisation of the alignment of business and credit functions in the private bank segment in a South African bank |
| title_full | Optimisation of the alignment of business and credit functions in the private bank segment in a South African bank |
| title_fullStr | Optimisation of the alignment of business and credit functions in the private bank segment in a South African bank |
| title_full_unstemmed | Optimisation of the alignment of business and credit functions in the private bank segment in a South African bank |
| title_short | Optimisation of the alignment of business and credit functions in the private bank segment in a South African bank |
| title_sort | optimisation of the alignment of business and credit functions in the private bank segment in a south african bank |
| topic | UCTD Banks and banking |
| url | http://hdl.handle.net/2263/23813 http://upetd.up.ac.za/thesis/available/etd-04062010-144823/ |