Established in 1997, GE Capital Retail Bank has been a market leader in offering financial different financial solutions to small and middle businesses globally. Some of the financial services provided by this particular bank are financial loans, financing of aviation development projects, Healthcare based projects and real estate development among others. All these financial solutions are designed on a case-by-case basis in order to suit various customers. GE Capital Retail Bank has branches in over 50 countries with an asset base of over 500 billion dollars. GE Capital Retail Bank has proved to offer outstanding services since it started operating. The bank dedicates to offering customers services that are valuable in all aspects therefore ensuring customer satisfaction. This paper will analyze the strategic goals, mission and vision statements in relation to how they will help to ensure that the development of a modernized mobile banking service. The external and internal factors that will affect the organization when the new service is launched to customers and market at large will also be discussed at length. Tentative recommendations to ensure that there is effective service is delivered to clients.
The mission of GE Capital Retail Bank is to provide financial solutions to all businesses that approach us. This will be made possible by:
• Providing timely and superior services to our clients
• Employing a multi dynamic and diverse workforce
• Providing services and solutions that are of value to our clients
The vision of GE Capital Retail Bank is to be the leading financial provider around the globe. This will include:
• Ensuring that our clients are satisfied in our services at al...
... middle of paper ...
...ates in the most efficient and effective way.
Bertschek, I., and Kaiser, U.(2004). Productivity effects of organizational change: micro-econometric evidence Management Science, 50(3) pp. 394-404
Gurkov, I. (2009). Strategy process as formulation and realization of corporate goals: The Synthesis of Surveys in Russian firms, Journal for East European Management Studies, 14, 48-64
Hart, D, N and Gregor, S. (2012). Formation systems foundations: Theory building in information systems. New York: ANUE Press
Liedtka, J and Ogilvie, T. (2011). Designing for growth: A design thinking toolkit for managers. New York: Columbia University Press
Ulrich, W. (2012). Operational research and critical systems thinking—an integrated perspective part 1: or as applied systems thinking. The Journal of the Operational Research Society, 63(9) pp. 1228-1247
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- In times of global interlacing and conjunction, when mergers and acquisitions happen and the capital market stages a rally, there are companies which have to stay on top of things and make sure everything goes smoothly for their clients. Therefore, they have to use certain measures to make satisfying and realistic forecasts. However, not only companies are interested in comprehension of economic movements. Especially, in economic systems with wide views, based on liberal thoughts and less or nearly no restrictions and regulations on the part of the government, it is harder to remain the overview for individuals.... [tags: Inflation, Interest rate, Monetary policy]
1398 words (4 pages)
- The Future of Banking Keeping up with the banking industry’s progression in this century includes offering a variety of services to international markets. Some of the largest banks in the word have become complex financial organizations and the banking sector is expected to become even more complex in the future. It is important for banks to keep up with the latest technology and develop customized services for their clients. Banks not only need to service individual customers, but must think about corporate customers, as well.... [tags: Bank, Finance, Financial services, Management]
1045 words (3 pages)
- The study Systems thinking in practice: The current status of the six WHO building blocks for health system strengthening in three BHOMA intervention districts of Zambia: A baseline qualitative study (Mutale, W., Bond, V., Mwanamwenger, M. T., Mlewa, S., Balabanova, D., Spicer, N., et al., 2013) focused its research efforts on narrowing down the various issues associated with healthcare system in place within Zambia. Where other countries have been able to meet the deadlines associated with millennial developmental goals given by the United Nations, Zambia has consistently fallen behind.... [tags: crititcal thinking, healthcare]
804 words (2.3 pages)
- Senge opined that the process of systems thinking is critical for one to comprehend the dynamic complexity of a social system (Palaima & Skarzauskiene, 2010). Thus, when one applies and adapts the principles of systems thinking in one’s organization as in the case of the present learning team, it is usually beneficial. For instance, it assists the team to comprehend a complex problem much easier as well as the interrelationships of the different parts and the different cause –and –effect cycles associated with such a problem.... [tags: Balanced scorecard, Strategy map, Systems theory]
871 words (2.5 pages)
- Matthew Garret wrote this article to shed some light on how students are thinking in choral rehearsal. This is valuable information to directors because focused thinking and critical thinking are vital to productive rehearsal. Educators should aim to encourage critical thinking because it is important for students to make connections between ideas or to self-evaluate. Critical thinking is an important goa for educators and it has been becoming more and more incorporated into education since the mid twentieth century.... [tags: Education, Teacher, Critical thinking]
779 words (2.2 pages)
- “Explain the role of Shinsei bank in the financial system. Access its exposures and performance during the financial crisis of 2007-2011. Did it do well or badly?” Bank description Shinsei bank has had a chequered history as its predecessor was called Long Term Credit Bank of Japan (LTCB), which declared bankruptcy during the financial crisis in Asia in 1998. Until 2000, New York-based Ripplewood’ Holdings made an acquisition, took over the bank and renamed it to ‘Shinsei’ which represented ‘renaissance’ .... [tags: exposures, performance, financial, bank]
954 words (2.7 pages)
- In simple words, Banking can be defined as the business activity of accepting and protection money owned by other individuals and entities, and then giving out this money in order to earn a profit. However, with the channel of time, the activities covered by banking business have widened and now various other services are also offered by banks. The banking services these days include issuance of debit and credit cards, providing safe custody of valuable items, lockers, ATM services and online transfer of funds across the country / world .In Lebanon there is two types of bank ,local bank and foreign bank.... [tags: Bank, Cheque, Finance, Financial services]
990 words (2.8 pages)
- U2A1: Roots of Systems Theory Introduction Laszlo and Krippner (1998) describe a system as “a complex of interacting components together with the relationships among them that permit the identification of a boundary-maintaining entity or process. (p. 2) Systems Theory is based on studying how individual parts of a system interact with each other to produce certain behaviors. System theory can be classified as identifying patterns and behaviors. The roots of system thinking have been in existence since the early 20th Century and have since been formally identified as such.... [tags: Systems theory, System, Systems thinking]
1200 words (3.4 pages)
- LETTER OF TRANSMITTAL This report's topic is Trends in Australian Bank Capital. The content is as following: 1. The explanation of why "Regulators usually want more equity capital whereas shareholders usually favour less equity capital" 2. The differences between bank equity capital and bank regulatory capital 3. A discussion of the functions of bank capital and the role of the risk-return trade-off 4. The differences between tier 1 and tier 2 capital 5. The components of tier 1 and tier 2 capital and the cost and risk implications of them 6. Details of the trends in the four major Australian banks for the last five years.... [tags: Business Finance]
2227 words (6.4 pages)
- Introduction The main aim of this report is to identify the key roles played by bank capital in the banking business. This report briefly outlines the main functions of bank capital and takes a brief look at the benefits of bank capital to the bank and the banking industry. It is hoped that from reading this paper a general understanding of the roles of bank capital in the banking business can be gained. Bank Capital A bank's capital also known as equity is the margin by which creditors are covered if the bank's assets were liquidated.... [tags: Banking Finance]
1365 words (3.9 pages)