An effective manager walks a fine line in micromanaging his employees' initiative, and giving him sufficient creativity. On the other hand, if you give your staff too free a hand, you will not be able to keep an adequate check on what targets have been met. A team of management consultants was engaged by a bank to clean up a bookkeeping department. The bank people tried cost-cutting as much as possible by using inferior automation, sloppy procedures, minimal controls and stingy pay that attracted only low-quality personnel. One of the new bookkeepers found out that an ex-employee had been forging reports and making up numbers for months and this action of his had gone undetected by his manager. This situation was created because the management had unnecessarily piled on too much work on the manager to save costs.
MBA Global Finance - University of Birmingham
The banking sector in any economy serves as a catalyst for growth and development. Banks are able to perform this role through their crucial functions of financial intermediation, provision of an efficient payments system and facilitating the implementation of monetary policies. It is not surprising therefore, that government the world over attempt to evolve an efficient banking system, not only for the promotion of efficient intermediation, but also for the protection of depositors, encouragement of efficiency, competition, maintenance of public confidence in the system, stability of the system and protection against systemic risk and collapse. Supervision of banks remains an integral part of the mechanism for ensuring safe and sound banking practice. Nigeria for the supervision of insured banks. Active co-operation exists between these two agencies on both the focus and modality for supervising insured banks. This is exemplified in the coordinated formulation of supervisory strategies and surveillance on the activities of the insured banks, elimination of supervisory over lap, establishment of a credible data management and information sharing system.
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See below for the abstract, table of contents, list of figures, list of tables, list of appendices, list of abbreviations and chapter one. This research project tends to evaluate the impact of supervision and control of the Central Bank on the performance of commercial banks. To aid this research both primary and secondary data were collected. The instruments used to collect data are questionnaires and oral interviews.