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Specialisation has brought more efficiency in the Banks but at what cost?

Created by : RAKESH KUMAR NANDA, Head/VP/GM-Corporate Advisory, HDFC BANK LTD.  | 05 24 2011 18:41:12 +0000
Keywords : specialisation has brought more efficiency in the banks but at what cost?
Activity:  69 views;  last activity : 05 24 2011 18:41:12 +0000
 
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it has brought efficiency and has helped banks to grow. Vs Specialisation brought efficiency but the team work has gone
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Specialisation has definitely brought in more growth, more business, more money but at the same time the team spirit has vanished. Employees have become more individualistic and the approach has become more selfish to serve the specialised activity being handled rather than looking at the benefit of the Organisation as a whole. Most of the CEOs today are devoting ample time in actually putting different stones (i.e the business verticals) into one basket to enable the organisation to carry all of them easily.
By RAKESH KUMAR NANDA, Head/VP/GM-Corporate Advisory, HDFC BANK LTD.  | 05 24 2011 18:41:12 +0000
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