F11-053 - Dao Hoang Nam.v.1.1.docx

Each stakeholders has its own concerned and both

This preview shows page 19 - 20 out of 39 pages.

Each stakeholders has its own concerned, and both banks mission is that satisfied every needs of the bank s stakeholders. With the board of shareholders, Shinhan and Vietinbank always pay dividend on time and keep a respect and professional connection with shareholder. In term of the client side, both will promise to bring the finest product and the hospitality is the number one concern. With very reasonable salary, plus bonus in the end of the month and easy promotion in each department, professional workplace. Vietinbank and Shinhan, both know that staff is the most valuable resources of the company. But since Shinhan bank is international, and opening branches in Vietnam just help wide the bank to the world, doesn t help much to the national economy, and the government don t have any percentage of the share of Shinhan so in term of stakeholder, government and society will not be effected 3.1 Interrelationship Between Different Functions within Vietinbank and How They Link to Organisational Objectives and Structure (1,000 words) 3.2 Analyse the structure of Vietinbank explaining its organisational chart in the light of its strengths and weaknesses. As can be seen in the (Appendix A), Vietinbank s structures is operate in a professional and specific way based on “Functional” structures so the company is divided into difference units and each units held difference responsibility. Head of Vietinbank is Generall Meeting, they making a critical decision and measurement to the company. Board of directors who runs the company on behalf of shareholders and managers of differences department. One clear
Image of page 19

Subscribe to view the full document.

advantage of this type of structures is the professional in the departments of the company, with the specialize manager and members in the field, they can understand each other,communicate easier, knowledge sharing and manage to get the work done more quicker and more effective , they can have a promote easier in their department, a reason to stay longer with the company (Study.com, 2018). Having a team in a specialize department also mean that the communication between other units is limited. So the connection in the company is week. Sometime occur disagreement between units when performing a task that ask for understanding each other (Gleeson, 2018) 3.2. The interrelationship between various functions within Vietinbank and How They Link to Organisational Objectives and Structure In Vietinbank, with a company obtain functional structure, difference departments held difference responsibility. In order to carry out well tasks have been set out, the cooperated betweendepartments is very important for the benefits of the company. Customer service and Marketing has a very special bond to each other, for some think that service is view as a small part of marketing, but technically is not under control of Marketing department. While marketing bringing people to the bank, increasing the revenues to the bank is one part, the other part is
Image of page 20
You've reached the end of this preview.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern