Lcb Case Study Essay
The Date in this case is July 2010 when Mr.. Mohammad l.
Handout was a Board Member and General Manager. It. View Point: This case study took the viewpoints of Mr.. Handout.
Iii. Relevant Facts: A. Lebanese Canadian bank was formerly Known as the Royal Bank of Canada (Middle East) S. A. L and changed its name to Lebanese Canadian Bank S. A.
L in 1988. The bank was founded in 1960 and is headquartered in Beirut, Lebanon. It has 35 branches in Lebanon and an office in Montreal.
B. LLC is ranked as the eighth-largest Lebanese bank, with more than U. S.
$ 5 billion in assets. It has been also a member of the Alfa Group (I. E. The major banks with deposits exceeding U. S. $ two billions).
It maintained this outstanding performance by relying on its internal resources, at a time when growth in the sector was mainly based on mergers and acquisition. C. It has been decided to merge the Lebanese Canadian Bank with Societies’ General after the U. S. Accused it of involvement in money laundering and drug trafficking.
The bank ported a 63 % Increase In net profit of the last year to U.
S. $ 52 million. Lb. Discussion Questions: A. Mr..
Handout Is a big advocate of efficiency. How might principles of scientific management be useful to LLC? Scientific Management Is an approach that Involving using the scientific method to determine the “one best way” for a Job to be done. Since the beginning of 2001, LLC has worked on strengthening Its position In the banking sector by adopting an ambitious plan aimed at Increasing Its market share and the volume of Its activities as well as Its net results.
These objectives will be obtained through Implementing Mr..
Handgun’s approach which Is based on efficiency by Investing a gallants amount of resources on development, training and cooperating heartily with the workers to ensure that all work Is done…. LLC Case Study Essay By Fiscal-Al-twirl I.
Time Context: The Date in this case is July 2010 when Mr.. Mohammad I. Handout I’. View Point: This case study took the viewpoints of Mr.
. Handout. Reported a 63 % increase in net profit of the last year to U. S. $ 52 million.
A. Mr.. Handout is a big advocate of efficiency.
How might principles of scientific Scientific Management is an approach that involving using the scientific method to has worked on strengthening its position in the banking sector by adopting an ambitious plan aimed at increasing its market share and the volume of its activities as well as its net results.
These objectives will be obtained through implementing Mr.. Handgun’s approach which is based on efficiency by investing a significant amount of resources on development, training and cooperating heartily with the workers to ensure that all work is done.
