OUTSOURCING STRATEGIES OF BANKS AND EMPLOYEE JOB PERFORMANCE
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
Abstract
The study sought to investigate the effect of outsourcing strategies of banks and employee job performance. The study was guided by three theories; the resource based theory, transaction cost theory and the core competencies theory. The study adopted a descriptive research methodology. Data was collected with the aid of questionnaires presented to the respondents who were employees of the commercial banks. Data was analyzed using software, a regression model fitted and the relationship between the independent and dependent variables shown by the coefficient of correlation. The mean and standard deviation were used to measure the central tendency and dispersion. The findings revealed that outsourcing has a positive and significant effect on the operational performance of banks. Information technology if outsourced, is capable of handling the most demanding customer requirements. When desired, order information can be exchanged between trading partners. The benefit of fast Information flow is directly related to work balancing. It makes little sense for a bank to accumulate orders at a local branch for a week, mail them to head office, process the orders in a batch, and return them to branch to achieve fast delivery. From the study, a conclusion was arrived at, that outsourcing is a critical element of organizational strategy, as a powerful vehicle to reduce costs and improve performance. There is no doubt that the rapid change will affect today’s business world, in other words it will revolutionize the traditional business and job paradigms. This volatile and changing atmosphere compels commercial banks to adapt their structures and strategies to a greater degree than they used to do. Nowadays, organizations trend to become small core big network forms. Thus, companies choose a limited number of tasks to do and entrust the rest of their tasks to an outside supplier. Therefore, the significance of outsourcing and its key role in illustrating network center organizations is clear.
Related Project Materials
AN IPV6 ROUTING TABLE LOOKUP ALGORITHM IN SOFTWARE AND ASIC BY DESIGNING A HIGH-LEVEL SYNTHESIS SYSTEM
ABSTRACT
This dissertation has two contributions. The primary contribution is to present a trie based routing table lookup algorithm name...
Human-Centered Wireless Sensing Systems for Health and Safety
Abstract
Commodity passive RFID system consisting of the reader and battery-free RFID tags proliferates the internet-of-things applicatio...
The Impact of Neonatal Resuscitation Training on Nurses' Competency at State Specialist Hospital, Bauchi
Background of the Study
Neonatal resuscitation is a critical skill for nurses involved in childbirth and neonatal care...
COMPARATIVE STUDY ON THE PERFORMANCE OF GOVERNMENT OWNED AND PRIVATELY OWNED MEDIA ORGANIZATION
Abstract
This project examines the comparative study of the performances of government owned and privately owned broadcasting media organ...
DESIGN AND IMPLEMENTATION OF E-LEARNING SYSTEM
Background of study
E-learning is an inclusive terminology for all forms of educational technology that electronically...
THE ROLE OF SOCIAL MEDIA IN CURBING THE SPREAD OF EBOLA VIRUS
Abstract
The research examines the role of social media in curbing the spread of ebola virus using Facebook users who ar...
AN APPRAISAL OF TRADE DISPUTES SETTLEMENT MECHANISMS IN NIGERIA
ABSTRACT
In Nigeria, in spite of the statutory mechanisms put in place to mitigate disputes, the phenomenon has been on the increase and...
An Appraisal of Statistical Techniques in Monitoring Maternal Mortality Rates in Borno State
Background of the Study
Maternal mortality remains a significant public health challenge in Nigeria, with one of the highest maternal dea...
An evaluation of Muhammadu Buhari’s school feeding program in Jema’a, Kaduna State
Background of the Study
The school feeding program, a flagship initiative under Muhammadu Buhari’s administration, ai...
An appraisal of the teaching of Nigerian history in secondary schools in Kankara LGA, Katsina State.
Background of the Study
The teaching of Nigerian history in secondary schools plays a crucial role in shaping students&rsq...
