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Banker Competency Requirements

Have you ever dreamed of becoming a banker later in life? If yes, you should know that it doesn’t take a genius to be part of one. In fact, you just have to pass the banker competency skills that are required by a particular bank, and you can already be one of its most sought after employees.

Once you are already recognized as one of the few bankers in the industry, you can already continue climbing the corporate ladder of bankers.

For you to be one, you just have to comprehensively understand the necessary banker competency skills that you need to have. Some of these are: Continue reading →

Two Important Types of Business Valuation

If you are firm in switching your present career to one in the finance industry, you have to deal with some changes not only in your attitude, but also with your skills.

First, you have to get to know the basics of the finance industry. There will be a lot of things that you need to know, which may even force you to join a crash course in business related courses or trainings.

These trainings and courses will let you get more information and details regarding the financial industry. Among the things you will learn firsthand is the business valuation.

Business valuation is one of the processes used in estimating an owner’s economic value interest in a particular business. Calculating the valuation of a business will lead you to determining the market price that investors are willing to pay and owners are willing to sell a particular interest or investment. Continue reading →

Delivery Management : The Role of Delivery Management on Supply Chain System

Delivery management refers to the organization and administration or supervision of people, technologies, and processes.

A comprehensive plan should include delivery management to ensure that clients get what they ought to receive. In every company or business, a delivery manager or director is the one responsible for this kind of job.

In most cases, project managers and delivery managers are closely related. However, the delivery manager takes responsibility over a large area. The job title may differ among companies or businesses, but it all pertains to the same job description.

Basically, delivery managers anticipate the thoughts, directions, and actions of customers or clients. The latter is unaware that they are being managed. Continue reading →

Bank Branch Network Strategy

Banks are highly reputed institutions where investments in forms of cash and other financial securities are entrusted. There are a number of bank employees in each bank and they have their own designations, depending on the client they are supposed to prioritize.

Say, a bank teller is a clerk in general that takes care of all the transactions of the majority of that bank’s clientele, while the investment manager takes care of the investment of the bank’s affluent clientele. The number of bank employees also depends on the need of a bank.

Normally, there are more employees in central offices than the branch. Also, that would depend on the bank branch strategy. Continue reading →

How to Measure Asset Turnover?

You may have heard about how easy it is to find a career in the finance industry, which is why you are thinking of switching your long-time career to another in the finance industry. What you may not have thought about is how challenging landing a job in this industry.

That is why a career in the finance industry requires a lot of business-related knowledge, especially in how assets and liabilities work. Among these is learning how and why asset turnover is being done among so many others.

Asset Turnover as an Important Element in the Finance Industry. First of all, it is very important to know about assets because this is the positive side of the finance industry. An asset may be in cash, bond, or any financial security that a company or investor have as a possession. Continue reading →

How to Reduce Defect Rate : Smart Strategis to Reduce Your Defect Rate

The main aim of manufacturers is to generate huge profits while satisfying their customers. Hence, during the manufacturing process, it is very important to minimize product defects.

The defect rate can be helpful in determining the average number of errors involved in production. Regardless of the industry, manufacturers work hard to reduce and if possible, eliminate product defects.

By simply determining the defect rate, companies are able to identify the particular points where most of the defects occur and implement the necessary changes. Defect rates are usually checked at different points throughout the production cycle.

How will you calculate the defect rate? Here are the simple steps that you can follow: Continue reading →