Organisation and Management at Anz Bank Nz

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  • Topic: ANZ National Bank, Australia and New Zealand Banking Group, National Bank of New Zealand
  • Pages : 8 (2183 words )
  • Download(s) : 82
  • Published : May 19, 2013
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Research on Management at ANZ Bank
Contents
1Introduction...................................................................................................................page 3 2Purpose of Organisation and Role Management.........................................................Page4-5 3 Management Philosophies and Management Practices............................................Page 6-7 4 Impacts of Internal and External Environments..........................................................Page8-9 5 Application of Change Management Framework........................................................Page10 6 References.....................................................................................................................Page11

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Introduction
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This is a report on research on management at ANZ bank New Zealand. This project is a part of subject NZDB530. Today I will discuss about the different organisational roles at ANZ bank. The report will cover whole the process which are done daily by the organisation to maintain their position and to fulfil the needs of customers. I will elaborate the purpose of organisation and the roles of management for e.g. informational, decisional, and interpersonal. There are various types of professional skills which are used in daily management. It will include the process of task focus and efficiency and effectiveness of the organisation. Moreover I will show different functions of internal and external factors which are related to the people and system We will discuss today about the change management framework that how it effects the entire organisation about ANZ bank New Zealand ANZ New Zealand is New Zealand’s largest financial services group and is a subsidiary of Australia and New Zealand Banking Group Limited of Australia. ANZ New Zealand operates until 2012 under the legal entity ANZ National Bank Limited which was formed as part of the 2003 merger of ANZ and The National Bank of New Zealand. From late October 2012, the company was renamed ANZ Bank New Zealand as part of the merger of the ANZ and National Bank brands. ANZ New Zealand operates under a variety of different brands, such as ANZ, UDC Finance, EFTPOS New Zealand, Bonus Bonds and Direct Broking. It provides number financial services, including banking services, asset finance, investments and payment solutions.

Purpose of Organisation and Role Management
The purpose of ANZ bank is to providing finance which is involved in borrowing and lending money. Bank takes customers funds in return for an annual interest on their payments. Then bank use majority of this fund to lend other customers for a variety of loans. The difference between both interest rates is effectively the profit margin for bank. Bank also provides other facilities to consumers, such as instant access to cash advice on financial matters and methods to make international payments. Increasingly banks offer electronic transfer of money through systems. Bank provides Lending varies from unsecured personal loans to secured mortgage lending. Unsecured lending tends to be at a higher interest rate because of the risk factor. Secured mortgage lending is at a lower rate. Role of informational organisation in management

Information management is used in organisations. Yet information is applied by individuals in those organisations. The counter point between the organisation and their individual members has particular same to information management because of its responsibilities to both the organisation at one level and to individuals at second level. This counterpoint means that we need to consider both the organisation and its members in information terms as a beginning level point for developing strategies for useful information management in small and medium size enterprises....
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