MCB Recommendations

2007

Although the MCB Ltd. is working very efficiently and effectively since its privatization in 1991. It becomes one of the leading private banks in the Pakistan. It is contributing a lot in the economy of Pakistan. But there still something on which the management of the MCB should work on. The following should be needed to improve: 1. The employees of the bank feel the boredom of doing same tasks. So the job rotation policy should be adopted frequently to create interesting working conditions. 2. The management of the bank must send its employees for different courses in the major cities of Pakistan or even abroad. This will contribute in the employee development and also in the organizational development. 3. The management should send the employees on the training. This will help the employee to understand his work and perform his duties in an efficient way. 4. The incentives to the employees should and must increase on the regular basis. So it will increase the employee retention with the bank and also increase the employee involvement. 5. The management of the bank should design the proper internship program for the graduate students and also for the post graduates in way that they can learn a lot during their internship. 6. With that the internship program should be in a way that the deserving students can get the chance for the internship. 7. Recently the management is closing its non profitable branches frequently. So the management should try to minimize the problem and maximize the profit but should not close the branches. Because this will also cause the unemployment. 8. The management should take care the shareholders of the bank and always keep an eye to maximize the wealth of the shareholders. 9. Recently the management of the bank is not working on the policy to attract the foreign business. The management should also work on to expand its business internationally.

UNIVERSITY OF PUNJAB