A Report On The Maybank ATM Machines Information Technology Essay

A Report On The Maybank ATM Machines Information Technology Essay Today, it is the largest financial services group in Malaysia. Its extensive products and services include commercial banking, investment banking, Islamic banking, offshore banking, leasing and hire purchase, insurance, factoring, trustee services, asset management, stock broking, nominee services, venture capital and Internet banking. (http://www.maybank2u.com.my/) Maybank currently ranks among the top five banks in ASEAN, and is a Qualifying Full Bank (QFB) in Malaysia. For the convenience of Maybank customers, all Maybank’s 374 branch offices and more than 2,800 ATM machines are strategically located in both the business districts and suburban estates.( http://www.maybank2u.com.my/) Today, Maybank proudly stands above its peers as Malaysia’s flagship financial services group in a vibrant, strong and highly competitive banking and financial services landscape. Total assets of the Group stand at RM310.7 billion.( http://www.maybank2u.com.my/) 2.0 Internal Chiefly, the environmental factors are categorized into two different groups, they are internal and external. Internal factors are taken place within the boundaries of organisation. Specifically to the case of Maybank, there are few significant internal factors that they are subject to will be examined such as products and services, vision and mission, SWOT analysis, and Leadership. 2.1 SWOT analysis Strength – well known bank 374 branch offices in Malaysia. – more than 2,800 ATM machines – Correspondent banking relationship with 700 foreign banks throughout the world. – Strong performance where it was listed second largest in Malaysia Stock Exchange and Bursa Malaysia Weaknesses -Inefficient Service and poor customer Service. – Have to pay huge amount of money to stakeholder Opportunities -experts in the industry and shares their experience with the employee – Maybank have many other investments from other companies Threat – Economic slowdown li ke right now where stalling economies are bad for the banking sector Table 1.0 SWOT analysis 2.1.1STRENGTHS It is a well known bank where it have over 374 branch office and more than 2,800 ATM machines. Correspondent banking relationship with 700 foreign banks throughout the world. It also have diversity in product where they provide opening account, giving loan, credit cards, investment & insurance, and Islamic banking.(http://www.maybank2u.com.my/) Strong performance where it was listed second largest in Malaysia Stock Exchange and Bursa Malaysia and Maybank workforce come from a multifaceted background of skills, disciplines, experience and industry knowledge to create talented teams of idea generators. 2.1.2WEAKNESSES Inefficient Service and poor customer service, for example Maybank does not have bank systems be automated with built-in security features to verify their customer’s accounts and details without having to rely on a piece of physical paper with a signature. T his would make customer harder to replace card or change account if go to different branch. This kind of service is totally unacceptable in today’s competitive world where time equals money. Have to pay huge amount of money to stake where dividend payout ratio (of 60%) to the stakeholders. They set policy to pay dividend of 60% percent of their profit as the long term policy. (http://www.maybank2u.com.my/) 2.1.3OPPORTUNITIE Growth of existing market where Maybank is experts in the industry and shares their experience with the employee so by then they can expand further in the industry.

Marketing Essay Example | Topics and Well Written Essays - 750 words - 35

Marketing - Essay Example First, the strengths of the company must be identified. One of its strength is that it has been in the sausage business for 70 years. It is known for its company’s heritage and there is brand recognition already. Another strength of Saxonville is the nationwide distribution of its products, particularly its brats and breakfast sausage, through their national and regional brokers and their distributors. Aside from the company’s good reputation, the Vivio brand is considered to be of exceptional quality with great taste and texture. In terms of weakness, although Saxonville has nationwide distribution, it has very little distribution in stores in the Northeastern markets. Another drawback with the Vivio sausage is the customer’s perception that it may not be a good quality Italian sausage, since its manufacturer is of â€Å"German heritage†. It could be noted also that Saxonville does not spend much on advertising and market research which are very important for the success of a product. The packaging of the product needs a lot of improvement too. In terms of pricing, a weakness of the company is that management does not allow a decrease in Vivio’s price so it is unable to compete with other brands in terms of pricing. The Italian sausage market is a category which has shown an increasing growth rate. This is an opportunity for Saxonville to focus their efforts at further enhancing their Italian sausage line. An opportunity exists for Vivio because currently there is no national player for fresh Italian sausage. A major threat is that there are 29 local and regional brands of Italian sausage. Furthermore, some consumers prefer to purchase sausages which are â€Å"home-grown†, meaning produced in their own locality. The objective of Saxonville is to be able to launch a national Italian sausage brand which will help them achieve their profit objectives for the next fiscal year. The company wants that their Italian sausage be a

Benefits of Mobile Business Intelligence Research Paper

Benefits of Mobile Business Intelligence - Research Paper Example From the report it is clear that Mobile BI should be considered because it enables data that is captured by the mobile devices to be integrated on- the -fly hence enabling the mobile workers to get current reports and make important decisions on time.According to the discussion findings the Mobile BI should be considered because many individuals have the access of the tablet devices and Smart phones that are simple, affordable, and practical and provide strong analytics and features with functionality of forecasting algorithms in intuitive, user-friendly and browser environments that are customizable to many users and provide views that are meaningful. The new Mobile BI should be considered because it is cost effective and can be accessed anywhere so long as individuals have mobile phones. The technology improves knowledge sharing that supports organizational cohesion and collaboration. The business value for Mobile BI is that it enhances the organization’s customer satisfacti on and productivity and enables the business to succeed by adapting to the market, customers, and the competitive changes quickly. Mobile BI enables information technology organizations and businesses to evaluate business intelligence using mobile devices and examining software vendors’ offerings hence enabling the customers to assess products based on deeper understanding of how the new technology addresses their own business requirements.