SIS(H.P.D.Mandara)
SIS(H.P.D.Mandara)
SIS(H.P.D.Mandara)
Mis.Tharika Amali
Assessor Internal Verifier
Unit 07: Strategic Information Systems
Unit(s)
Identifying and evaluating SIS for a chosen organization
Assignment title
H.P.Dileesha Mandara Prawarshana
Student’s name
List which assessment criteria Pass Merit Distinction
the Assessor has awarded.
Internal Verifier
Date
signature
Programme Leader
Date
signature (if required)
LO2 Discuss the types of information systems that are used within all levels of an organisation
Pass, Merit & Distinction P3 P4 M2 D2
Descripts
Resubmission Feedback:
* Please note that grade decisions are provisional. They are only confirmed once internal and external moderation has taken place and
grades decisions have been agreed at the assessment board.
1. A Cover page or title page – You should always attach a title page to your
assignment. Use previous page as your cover sheet and make sure all the details are
accurately filled.
2. Attach this brief as the first section of your assignment.
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each page.
1. The font size should be 12 point, and should be in the style of Time New Roman.
2. Use 1.5 line spacing. Left justify all paragraphs.
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4. Use footer function in the word processor to insert Your Name, Subject, Assignment No,
and Page Number on each page. This is useful if individual sheets become detached for any
reason.
5. Use word processing application spell check and grammar check function to help editing
your assignment.
Important Points:
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compulsory information. eg: Figures, tables of comparison etc. Adding text boxes in the body
except for the before mentioned compulsory information will result in rejection of your
work.
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submissions will not be accepted.
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5. Excuses of any nature will not be accepted for failure to hand in the work on time.
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you may apply (in writing) for an extension.
8. Failure to achieve at least PASS criteria will result in a REFERRAL grade .
9. Non-submission of work without valid reasons will lead to an automatic RE FERRAL. You will
then be asked to complete an alternative assignment.
10. If you use other people’s work or ideas in your assignment, reference them properly using
HARVARD referencing system to avoid plagiarism. You have to provide both in-text citation
and a reference list.
11. If you are proven to be guilty of plagiarism or any academic misconduct, your grade could be
reduced to A REFERRAL or at worst you could be expelled from the course
I hereby, declare that I know what plagiarism entails, namely to use another’s work and to present
it as my own without attributing the sources in the correct form. I further understand what it
means to copy another’s work.
[email protected] 25/06/2022
Student’s Signature: Date:
(Provide E-mail ID) (Provide Submission Date)
Unit Tutor
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Submission format
Report: The submission should be in the form of an individual written report. This should
be written in a concise, formal business style using 1.5 line spacing and font size 12. You
are required to make use of headings, paragraphs and subsections as appropriate, and all
work must be supported with research and referenced. Provide in-text citations and the
reference list using Harvard referencing system. The recommended word limit is 4000
words, although you will not be penalised for exceeding the total word limit.
Scenario
The success of any organisation is depends on the how data and information is
captured, processed, utilised and output. Information generated within the organisation
can be used to gain oraganisational efficiency, productivity and improved business
decision making. Modern organisations are heavily rely on use of Business
information systems to generate and disseminate desired information throughout the
organisation.
Assume that you have been recruited as the associate business analyst for the
organisation and you have been asked to prepare a management report to the top
management by highlighting the importance of using information systems to generate
productive results.
In this report you are required present the profile of the organization indicating the
vision, mission, objectives and organizational chart.
Activity 01
Discuss the information needs of the main functional departments of the selected
organisation and compare different processing activities that happen within the
functional departments. your answers should be supported with the examples
taken from the selected organizational context.
Activity 02
Activity 03
Activity 04
Identify and explain different models that can be applied to strategic information
systems and evaluate and justify how the chosen organization can use strategic
information systems to gain a competitive advantage in the global market using
the models identified. You are also required to evaluate how strategic
information systems can contribute to the competitiveness of organisations.
Support your answer with relevant examples, illustrations and explanations.
LO2: Discuss the types of information systems that are used within all levels of an organisation.
P3 Describe the function of different information systems.
The timely and effective completion of the book would not have been possible without the
assistance and support of many people. I'd want to use this occasion to express my gratitude to
everyone who assisted me in some way throughout this crucial project, whether directly or
indirectly. First of all, I wish to express my sincere gratitude and due respect to my Mis.
Tharika amali lectures in department of Computing Esoft Metro Campus Matara. I give him a
great heartfelt thanks for his invaluable advice, constant encouragement, and positive support,
all of which greatly aided me during my time at work. I'd want to thank him for always taking
an active interest in my questions and making useful advice.
H.P.D.MANDARA PRAWARSHYAN
4.1 Identify different models that can be applied to strategic information systems. ........... 41
4.2 Porter’s Five Forces Analysis ........................................................................................ 41
4.3 Wiseman’s Strategic planning process. ......................................................................... 44
References ....................................................................................................................................47
Accordingly ,Sampath bank has set up 229 branches island wide and 373 ATM machine
island wide. Here accordingly, 4048 employees are employed island wide.
Accordingly, it is listed on the Colombo stock exchange under the companies Act no.17 of
1982 and is supervised by the central bank under the backing act no.30 of1988. Today,
sampath bank is also leaning to wards smart banking. Smart banking makes it easy for the
customer to carry out their transactions and these banks are adapted in such a way that they
can do their backing work from their mobile phone. The following is the logo of sampath
bank.
In addition, sampath bank maintains various accounts and services for its customers.as
follows services maintained by sampath bank.
Deposits Products
Savings Accounts
1. Regular Savings ( sampath double S / sampath Hit server )
2. Children's Savings ( sampath sapiri / sampath pubudu )
3. Teenage Savings ( sampath X-SET account)
4. Ladies Savings ( ladies 1st)
5. Senior Citizens Savings (sampath sanhida server account)
6. Money Market (money market account)
7. Investment Accounts (sampath dream plans)
Fixed Deposits
1. Rigular deposits (Fix deposits / certificate of deposits / sampath ODFD )
2. Senior Citizens FD (Sampath sanhida FD )
Lending Products
Any of the many bilateral credit products offered by private or governmental banking
organizations and institutions are referred to as lending products. The following are the
services provided by resource bank.
Loans
1. Housing Loans ( sevana house loan / sevana dayada house loan / foreign currency
house loan)
2. Business Loans ( Sampath saviliya)
3. Personal Loans ( Sampath samachara)
4. Refinance ( Refinance credit lines)
Pawning
Values
“Create a learning culture that promotes individual and organisational development as well as
promoting innovation and value for customers.Treat all internal and external customers the
way we would like to be treated.Encourage and promote teamwork in all aspects of behaviour.
Open to feedback and demonstrate an eagerness for personal development. Monitor and
demonstrate an impressive commitment to results. Uncompromising ethical and professional
standards of behaviour.” (samapth bank.lk/2022)
The finance department keeps track of all money generated and spent so that the company's
senior executives constantly know how much profit or loss each product or division generates,
as well as how much cash the company has on hand. Finance liquidity is extremely crucial in
the service industry. The finance and planning section is in charge of managing the
company's financial liquidity.
The finance and planning department needs information about daily cash balance and assets,
and liabilities in the branches. This information is needed to know the financial position of
the company and manage proper cash liquidity in the Bank. Also, this information is direct to
getting investment decisions and making a strategic plan in the Bank.
The finance and planning department needs to know how much money is coming in and
going out of the branches. This data is required to determine the profit or loss of the branches
and the entire bank. This book will help you make financial decisions and create a Branch
Business Development Plan.
They require financial data from the whole bank in order to prepare financial reports on a
monthly, quarterly, and annual basis. They also prepare financial reports at the end of the
year. These reports serve as guidelines for making management choices and anticipating the
future of the organization.
The marketing department needs information on the amount of Pass Books stock in the
branches. This information is required to keep track of and print the Bank's passbook
requirements. It aids in the timely processing of branch day-to-day activities. The marketing
department needs information about how many customers are maintaining a number of
accounts product-wise. This information is needed to market segmentation and identify which
products want to be newly launched.
The marketing department requires information on which products are the most popular and
which are the least popular. This data is required for planning and arranging savings
promotion programs in order to sell the lowest-selling items.
Accordingly the functions of the marketing department of sampath bank are mentioned above.
Marketing activities separate to sampath bank to do a marketing team has been appointed.
The Bank's human resource and development department need information on all employees'
performance evaluations. This data is required to plan a bank's overall training requirements.
Furthermore, this information is required for the delivery of promotions. The Bank's human
resource and development department need information on all of the employees' personal
information. This information is required to keep personal files for each Bank employee. All
workers' information must be kept up to date in this section. As a result, they required to
update personnel information on a regular basis.
The human resource and development department requires information on the employees
who meet the requirements for advancement. This information is required to call for
promotion applications and to schedule employment exams and interviews. The human
resource and development department need information on employees who have worked at
the same job station for more than five years. This data is required to set up a bank transfer
policy.
The administrative department need information on prospective new branch locations. This
information is required in order for the Sampath Bank to pick regions in which to build new
branches. Here, The administrative department needs information about how many managers
and deputy managers retire in the current year. This information is needed to assign new
managers and deputy managers to relevant branches.
The administrative department requires information on how many loss-making branches there
are. This information is required in order to devise a strategy for converting loss-making
branches to profitable ones.It is also a matter for the administration to get a top name among
the banks. An experienced team has also been appointed to look in to the matter. Also any
organization can be properly developed through proper management. As administrative
department is very important for this.
The information technology department needs information about daily day-end cash balances,
General Ledger, and Trial balance of the branches. This information is needed to generate
financial statements for the finance and planning division. Here ,Information technology
department needs information about no of Personal Computers and servers requirement of the
Branches. This information is needed to place an order to buy servers and mini computers.
The IT department need information on how many branches require the Microsoft Office
bundle. This data is required to obtain a Microsoft Office license for Bank. The department
also needs to know the number of computers that work and the number of computers that do
not work properly as well as the software used by resource bank. In addition, more attention
should be paid to safety. This protection should be tightened to minimize damage to
computers. It is the responsibility of the department of technology to increase security by
deploying open equipment for this purpose.
1.7 Compare and contrast the various processing operations that take place
inside the Sampath Bank's functional departments.
Diverse functional departments' processing operations inside an organization may take on
different or identical looks. Each functional department in the Sampath Bank has distinct and
equivalent processing tasks.
The most crucial functional area of Sampath Bank is the finance and planning department.
Different processing operations might be seen by the finance and planning department. The
primary processing function of the finance and planning department is the creation of
financial statements for management decision-making. The finance department, for instance,
produces an annual report. A centralized system that is overseen by the IT department
collects the data required to organize financial reports.
Processing operations in the marketing department are comparable to those in the finance and
planning departments. For processing purposes, the marketing division also requires financial
and numerical data. For instance, the marketing department needs a large number of
passbooks at the branches in order to print new passbooks.
Data processing tasks performed by the IT department include data storage, data updating,
and data safeguarding. Processing activities in the IT department are distinct from those in
other departments. All other departments offer help to the IT department. The IT department
wants to work with other functional areas to store and manage data.
All banking operations in the Branches are processed by the administrative department,
which also keeps an eye on everything. The administrative division updates the Bank's rules
and regulations. The Sampath Bank's internal control and operation have been facilitated by
new rules and regulations. Processing activities in the administrative department are distinct
from those in the bank's other functional departments.
The most basic type of flow diagram used in industry is an input-output diagram. The inputs
and outputs are located on opposite ends of a single block in input-output diagrams. Input
here is a set of data from which no definite conclusion can be drawn. That is, they cannot be
understood and the end result obtained. For this, the input data is processed. That is, data is
collected in one place.that data is also processed properly here. After the data is processed,
the data is returned. Here the data is converted in to information and returned. Here you can
understand something from the information. Giving out information provides feedback
related to that information. This action works like a cycle. Below is a diagram of the input
and output process.
Accordingly, the departments of the resource bank will also use this cycle. Here the input,
process , output and feedback department are diversely essential. The following is how the
input and output process affects the department of resources bank.
The input output diagram also affects the HR department of sampath bank. That is employees
data is retrieved and processed and information is returned. Accordingly, the following is a
digram relevant of the department of HR.
INPUT (DATA)
Employee name
PROCESS OUTPUT
Employee EPF
(INFORMATION)
No
Employee
Sorting and Personal files
number
compiling each for each
Employee
employee data employee
address
Educational
Qualification
FEEDBACK
First the data is retrieved and processed to obtain information. The following is an example
of this action.
The input-output diagram also affects the Marketing department of Sampath bank. Here is
the type of passbook relevant to the bank. The number of current passbook and the number of
relevant passbook in the future will be calculated here. Accordingly, the following is how it is
inserted in to the relevant digram.
OUTPUT
INPUT (DATA) (INFORMATION)
PROCESS
FEEDBACK
First, the data will be retrieved and processed. Then it becomes meaningful information. The
following is an example of this.
EX = Input data - Each branch's required number of passbooks.
Process - SUM of the number of passbooks that the bank requires.
Output - Number of passbooks to be newly print
Here the salary of the employees is calculated. Obtaining employee data takes place
first.(EPF number , employee name , basic salary ETF deductions and other deduction. After
obtaining the data, the employees salary is calculated using the relevant formula for
calculating the salary. The final salary of the employee can then be obtained as information.
INPUT (DATA)
EPF number PROCESS OUTPUT
Employee name (INFORMATION)
Net salary =
Basic salary
((Basic Salary+ Salary record
ETF deductions Allowance) - (ETF
Deduction + Other
Other
Deduction))
Deductions
FEEDBACK
The following is an input and output diagram that will be used to retrieve employee data and
generate the final salary.
EX = Input the data - Need data for monthly salary calculation. EPF No, Employee Name,
Basic Salary, Allowances, ETF deductions, other Deductions
Process - The formula used to prepare salaries.
Net Salary = ((Basic Salary + Allowance) – (ETF Deduction + Other Deduction))
= ((60000+30000) – (4800+22000))
Output - calculate the salary of the employee and get the final salary.
EPF number -1011 / employee name - mandara / employee adress - matara / net salary -
55000
OUTPUT
INPUT (DATA) (INFORMATION)
PROCESS
Information on Potential
prospective Conduct locations for
locations for research to opening
new branch select additional
openings acceptable branches
locations.
FEEDBACK
After inputting the relevant data by this department , the data will be processed and the
information will be returned. This is illustrated by the following example.
EX = Input data - Details of the potential areas for new Branch Opening.
Process - Do a physicality study to choose appropriate places.
Output - Potential locations for opening additional branches.
1.8.5 IT Function
This input output diagram also applies to the IT department. That is, all companies are
leaning towards technology. Sampath bank is also leaning towards new technology.
Accordingly, the department of information technology has decided o facilitate all banks
OUTPUT
INPUT (DATA) (INFORMATION)
Employee user PROCESS
name If the data is
Employee correct, it can
Check that the
password
correct data is enter the system
Employee NIC
provided
number
FEEDBACK
Here the relevant user name and password of the employee is entered in the IT department.
The employees can still log in to their computer by entering the user name and password. The
IT department has all the information related to his action. The following is the input and
output process related to an activity performed by the IT department.
EX= Input data - employees user name , employee password , EPF number , NIC number
and employee register number.
Process - Create system login credentials for each employee.
An information system that facilitates the gathering, editing and retrieval of all transaction
data is known as a transaction processing system (TPS). Real-time processing and transaction
processing are other names for it. Here, Operational level employees in the company mostly
utilize the Transaction Processing System (TPS). As an illustration, the Sampath bank
employs counter tellers and front office personnel. Another information system receives data
from transaction processing systems. Many additional information systems in the bank use
TPS data.
Word processing (MS Office), desktop publishing, voice mail, e-mail (MS Outlook, Lotus
Note), video-conferencing (MS Teams), and multimedia systems are a few examples of office
automation systems. Information storage, data interchange, and data management are the
Office Automation System's core functions. The picture below illustrates this further.
A designed system for gathering, storing, and disseminating data in the type of information
required to carry out management tasks is known as a management information system (MIS).
Here, The fundamental goal of MIS is to give middle- and lower-level management paper or
electronic reports with information for making decisions. The objectives of MIS are to put the
Characteristics of a MIS
1. Create both hard-copy and electronic reports.
2. Enabling individuals to create their own unique reports
3. Reports should be delivered in a consistent format.
4. Rely on both internal and external data.
5. Management Oriented.
It has the capacity to analyse trends. It's difficult to keep recent data.
The digram below shows how these three layers are located. In addition, the importance of
these three layers to the resource bank is explained below.
The constant planning, monitoring, analysis, and assessment of all requirements that a
company requires to accomplish its goals and objectives is known as strategic management.
Management at the strategic level creates the organization's overall vision and mission as
well as strategic goals and policies. Here ,It points the organization on the appropriate path so
that it may accomplish its aims. In a cut-throat corporate climate, keep an eye on the
organization's strategic performance and general direction. preserving communication
between the company and the outside world. That is, The strategic level management of the
Sampath Bank is the Chairperson, Board of Directors, and General Manager.
For the organization's divisions, tactical-level management creates short- and medium-term
plans, timetables, budgets, specialized policies, procedures, and business goals. encouraging
lower-level managers to perform better. Top-level management should inform lower-level
management on organizational policies. Managers at the tactical level Obtain quantitative
data on a routine basis from the operational level of management in addition to information
from the strategic level of management.
Deputy General Managers and Assistant General Managers are in charge of Sampath Bank's
tactical-level management.
In the Sampath Bank, operational level management must provide routine and regular
quantitative information, as well as information from the strategic level of management. As
an illustration, the branches' monthly progress reports include information regarding the
branch's current situation. These details help tactical level managers make management
judgement.Tactical level management is used in Management Information systems (MIS).
The basic goal of MIS is to offer printed or electronic reports with query capabilities to lower
and intermediate management. This information is support making a semi-structured decision.
Supplied in summarized form, but detailed enough to allow tactical planning. That is
Sampath Bank tactical level management uses monthly progress report reports.
Information at the operational management level must be precise and in-depth at the Sampath
Bank. To make choices for the day-to-day operations of the bank, this information is required.
For instance, the branch manager needs knowledge of the current day's updated cash balance.
With the help of this information, the branch can manage a sufficient cash balance. It also
instructs in estimating future monetary needs.
Operational level management is used for the Transaction Processing System. (TPS)
Transaction Processing Systems (TPS) provide inputs to other information systems. This
information is support making a semi-structured decision. Operational level management of
the Sampath bank use reports of Attendance Reports, Inventory Reports.
Operational level management at Sampath Bank employs a variety of reports. General Ledger
Abstract Report, Trial Balance Report, Cash Scroll Report, Payroll Report, and Inventory
Report are a few of them. Transaction processing systems produce these kinds of reports.
These report formats aid, operational-level managers, in making organized choices. As an
illustration, the branch manager supports data from cash scroll reports in order to keep a
sufficient cash balance at the branch. Effective decision-making and forecasting of cash
requirements are supported by these sorts of reports' information.
Here , Management Information Systems produce reports of this nature. These reports kinds
provide information that helps tactical level managers make semi-structured choices. For
instance, data from monthly success reports serve as a roadmap for tactical level managers
when it comes to making wise choices and predicting the organization's financial future.
Managers at the strategic level frequently utilize information summary reports. easy-to-use
user interfaces and graphic displays. provide powerful drill down and reporting tools.
managers at the strategic level report to,
support for establishing a broad vision
Support for strategic control
assistance with strategic staffing and organizing
Support for strategic planning
Here , Executive Information Systems produces these kinds of reports. These reports kinds
provide information that helps managers at the strategic level make unstructured choices. For
instance, bank financial statement reports aid strategic level management in making smart
choices and projecting the bank's future financial health.
Here ,When gathering data and information organizations can face the constraints. Data and
information are very important things to the organization. Accurate data can be received as
well as inaccurate data. That is , Noisy data is information that cannot be properly
comprehended and analysed because it is contaminated, inaccurate, or distorted. Noisy data
values can happen because,
Data entry problems
Data transmission problems
Technology limitations
Flawed data gathering methods
Organizations mostly struggle with noisy data when collecting data and information. The
management decision-making process is immediately impacted when noisy data is included
in the data and information. The Sampath Bank has always needed reliable data because it is
a financial institution. For instance, precise data is required to make the right judgement for
the financial statement. Unwise decisions are made when noisy data is included in the
financial accounts. Making accurate data and choosing the right course of action is crucial.
To deal with noisy data, data cleansing might be utilized.
For day-to-day operations, Sampath Bank needs up-to-date data and information. Branch
managers, for instance, want up-to-date data and details on the branch's cash balance. The
branch's daily operations need management of acceptable cash levels based on the most
recent data and information. For accurate forecasting and decision-making, more recent data
and information are required. In this case, branch managers want up-to-date information
regarding the branch's cash balance. This data serves as a guide for ordering cash from the
bank's treasury. This case illustrated the significance of current data and knowledge in aiding
efficient forecasting and decision-making.
Another illustration would be the Sampath Bank Supplies division's demand for data on the
branches' passbook requirements. The supply department must have up-to-date knowledge of
each branch's passbook requirements. New passbooks must print this information. New
passbook printing is unsuccessful when outdated data and information are received from the
supply department. For the organization, it results in needless expenses.
As a result, up-to-date data and information are extremely useful to a business. In this case,
up-to-date data and information help accurate forecasting and decision-making. Making
decisions regarding how many passbooks to print and estimating future passbook demand are
assisted by current data and information.
Sampath Bank's banking activities require accurate data and information. For instance,
accurate statistics and information are required on the current total loss or profit in the Bank.
These reliable facts and details aid strategic level management in making decisions and
creating a bank's strategic plan. It aids in making wise decisions. Decision-making is
influenced by inaccurate facts and information. Additionally, it aids in protecting the Bank's
future financial stability.
Accurate data and information are crucial for a finance organization. For its entire banking
operations, Sampath Bank needs reliable data and information. For instance, generating
financial reports requires precise data and information. To understand the Bank's current
financial soundness, precise facts and information are required. These precise facts and
statistics serve as guides for deciding on investments, creating a strategic company plan, and
making financial judgements. These accurate data and information support effective decision-
making and forecasting the future financial stability of the Bank.
A crucial definition of business intelligence that includes reports designed to assist managers
in monitoring operations and performance is management reporting. Many new corporate
solutions that seek to automate or improve the management reporting process are built around
these kinds of reports. Accordingly, management reports are also very important for Sampath
bank. Management reports are required to make decisions for the future of the bank. In
addition, management report are required to monitor the progress of the bank. That is,
Numerous management reports are used by organizations to assess the effectiveness of their
ventures and operations. Accordingly, the objectives of the management report are as follows.
Determine probable issues beforehand
Ensure improved dialogue among all parties.
Improves decision making
enhances the timeliness and accuracy of information flow.
Here managers use different methods to keep management records. That is, management
records are maintained using management techniques.Graphical management records are also
used for this purpose.Using these graphical management records makes it very easy for
managers to make decisions. The following are graphical management records.
Managers use evolving methods to prepare these reports .This records are prepared using a
variety of different color charts .These record processing makes it easier for managers to
make decisions for the future. The following is a management report prepared using
different colors.
That is , The biggest savings institution in Sri Lanka is Sampath Bank. In Sri Lanka, there is a
seizable market for savings deposits. These new businesses find it difficult to get into the
market.
Buyers' negotiating power is applicable to businesses in the producing sector. The majority of
service sector businesses were unaffected.
2. Strategic thrust.
Combine with other groups to create a more competitive position
Concentrate on developing new goods or new strategies for producing, selling,
producing, or delivering goods.
The goal is to save expenses or raise the competition's costs.
Thrusts for differentiation. Concentrate your efforts on the unmet needs for products
or services.
Cost Thrusts
Innovation Thrusts
Focus on the increasing size of the market size or adding more value.
3. Strategic mode.
The actual methods that managers use to develop and carry out their plans are known as
modes of strategic management. They deal with the questions of who has the most sway over
the strategic management process and how it is run. Here ,A firm has two choices for the
mode of a strategic thrust.they are,
2) Companies can create systems for internal use and then make them available to clients or
suppliers.
conclusion
The customer objective is chosen as the bank system's strategic aim since it is primarily
centered on consumers when Wiseman's strategic planning process is replicated in Sampath
Bank. The account holders, for instance, might be displayed. then the cost thrust might be
chosen once the strategic thrust has been pursued. By examining the bank's dealing history,
Sampath Bank can generate significant interest from trustworthy clients in the cost-cutting
effort. To learn about the interest rates of other competitive banks, a comparison with
Sampath Bank should be made. Then it becomes profitable while other banks continue to pay
standard interest rates. The customer objective is chosen as the bank system's strategic aim
since it is primarily centered on consumers when Wiseman's strategic planning process is
replicated in Sampath Bank. The account holders, for instance, might be displayed. then the
cost thrust might be chosen once the strategic thrust has been pursued. By examining the
bank's dealing history, Sampath Bank can generate significant interest from trustworthy
clients in the cost-cutting effort. To learn about the interest rates of other competitive banks, a
comparison with Sampath Bank should be made. Then it becomes profitable while other
banks continue to pay standard interest rates.
4) Smartdraw.com. 2022. Organizational Chart - What is an Organization Chart? Definition, Types, Tips,
Tutorial, and Examples. [online] Available at: <https://www.smartdraw.com/organizational-
chart/> [Accessed 22 June 2022].