Thursday, May 14, 2020

Operations Management Essay - 4889 Words

Innovation in Operations Management: Foreign Banking Industry Outline Company: The Banco de Oro, Philippines by (Name) Submitted to: (Professor) (Subject) (University) (Date) Table of Contents Background 3 Brief History of Banco de Oro, Philippines 4 Banco De Oro, Philippines 5 Vision, Mission and Values 5 Internal and External Analysis 6 Porter’s Five Forces Analysis 6 SWOT Analysis 8 Pest Analysis 9 Organizational Structure 10 Type 10 BDO Industry Life Cycle 11 Organizational Structure 12 Industry Phase/Dominant Design 12 Leadership Style 14 Strategies amp; Tactics 15 Key Performance Indicators 15 Supply Chain Management 16 Controls 17 Financials 17 Recommendations 18 References 19†¦show more content†¦With its strengthening base, BDO has been able to merge with Dao Heng Bank in 2001, immediately increasing its branches from 108 to 120. Then in 2005, United Overseas Bank has been integrated with BDO in 2006, again increasing its total number of branches to 220. Again in 2005, BDO and SM Group of Companies acquired more than 75% of Equitable PCI Bank and 10% of Equitable CardNetwork, and 10% from EBC Investments. On December 1, 2005 BDO s hares were initially included in the Philippine Stock Exchange Composite Index (BDO, 2009). (Please see Table of Milestones in the Appendix) Banco De Oro, Philippines Vision, Mission and Values BDO’s core values focus on commitment: commitment to customers in delivering products and services over and above client expectations and remain as prudent and trustworthy stewards for their wealth. To a dynamic and efficient organization that is flexible and can positively react to change; being committed to the process of continuous improvement. BDO also professes commitment to employees by encouraging dynamism, teamwork, professionalism, and performance through improving employee skills through growth and development. Finally, commitment to shareholders by providing them with superior returns through the long term (BDO, 2009). BDO’s corporate mission focuses on becoming the preferred bank in every market they serve by continuously offering innovative products throughShow MoreRelatedOperations Management Essay760 Words   |  4 PagesThis paper intends to define operations management and analyze an ethics decision made by operations manager s in the workplace or in a known organization. Production and Operations Management (POM) is about the transformation of production and operational inputs into outputs that, when distributed, meet the needs of customers. The process is often referred to as the ConversionRead More Operations Management Essay466 Words   |  2 PagesOperations Management Operations management focuses on managing the processes of producing and distributing products and services. Operations activities often include product creation, development, production and distribution. 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