Reengineering the cheque and electronic clearing processing operation in a bank in Hong Kong

Pao Yue-kong Library Electronic Theses Database

Reengineering the cheque and electronic clearing processing operation in a bank in Hong Kong

 

Author: Fung, Yiu-wing Michael
Title: Reengineering the cheque and electronic clearing processing operation in a bank in Hong Kong
Degree: M.B.A.
Year: 1996
Subject: Electronic funds transfers -- China -- Hong Kong -- Case studies
Reengineering (Management) -- Case studies
Shanghai Commercial Bank
Hong Kong Polytechnic University -- Dissertations
Department: Dept. of Management
Pages: x, 116, [6] leaves : ill. ; 30 cm
Language: English
InnoPac Record: http://library.polyu.edu.hk/record=b1240503
URI: http://theses.lib.polyu.edu.hk/handle/200/5126
Abstract: Business process reengineering is alive and well received in Hong Kong, particularly in the banking industry where the reengineering works are largely focused on back office operation. The major reasons for the reengineering revolution in the Hong Kong banking industry are that the competition among the banks has become more fierce, the deregulation of interest rate on fixed deposits tends to reduce the banks' profit margins, and the rapid rising in labor costs in the past few years has also increased substantially the operational costs of the banks. The Shanghai Commercial Bank Ltd., which is a rather smaller bank in Hong Kong, has also to face the turbulent environments and has to tackle with the unfavorable changes. To struggle for survival and to adapt to environmental changes, the management of the bank has started to review its various internal operations and it is decided that the cheque and electronic clearing processing operation in the bank could be reengineered for drastic improvement in efficiency of work and for a considerable reduction in the operational costs. To achieve this, an reengineering team has been set up for carrying out the reengineering project. I was selected as one of the team members to take part in the reengineering. As a whole, the reengineering project has been found to perform successfully, though the implementation has not yet taken place until next year. To me, the reengineering project is an interesting studying subject and therefore I choose it as my MBA project. My study will cover the areas from the start of reengineering project to the formulation of the implementation plan by the reengineering team. The report will not only examine the analysis of the situation but also include my reflections on the process of carrying out the reengineering project successfully. As you travel through the pages, you will find : - Chapter 1 "Introduction" describes the objectives and significance of the project. - Chapter 2 "Company Background" will provide a brief description on the company background and its internal and external environments. - Chapter 3 "Conceptional Framework and Methodology" reviews the concepts, basic principles and the methodology for business process reengineering. - Chapter 4 "Data Analysis, Interpretation and Implication" gives a detailed analysis and interpretation on the data findings of the reengineering project. - Chapter 5 "Redesign the Operation" presents the new process flow, the objectives to be achieved and the measurement tools for continuous improvement on the reengineered operation. - Chapter 6 "Recommendation and Conclusion" provides the implementation method, describes the problems encountered in the project, and gives consideration on the critical success factors for success process redesign and implementation, with specific reference to this case study.

Files in this item

Files Size Format
b12405036.pdf 3.238Mb PDF
Copyright Undertaking
As a bona fide Library user, I declare that:
  1. I will abide by the rules and legal ordinances governing copyright regarding the use of the Database.
  2. I will use the Database for the purpose of my research or private study only and not for circulation or further reproduction or any other purpose.
  3. I agree to indemnify and hold the University harmless from and against any loss, damage, cost, liability or expenses arising from copyright infringement or unauthorized usage.
By downloading any item(s) listed above, you acknowledge that you have read and understood the copyright undertaking as stated above, and agree to be bound by all of its terms.

     

Quick Search

Browse

More Information