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Oriental Bank to change its structure

Oriental Bank of Commerce is proposing to remodel its organizational and operational structure and is looking for a consultant to advise it on a course of action. The bank has  ambitious  and aggressive  plans  to  grow  in  terms of business, profitability and outreach and wants to counter competition , address the varied  customer  profile and the increasingly  demanding customers and take care of the vast geographic spread as well as technological  advancements. Besides, it wants to concentrate the process driven activities to back office for effectively utilizing the resources for routine and mundane activities of various service outlets at central locations as well as decreasing redundancies at service outlets. The bank intends to appoint a management consultant for assisting in conceptualization, planning, strategy, fine-tuning, documentation, pilot/ roll-out, implementation, formulation and benchmarking for organizational transformation. The selected consultant will help the bank in finalizing a strategy for remodeling the current branch structure, segmentation and related reporting structure and in setting up a vertical workflow and process flow from service outlets to corporate office level for all activities including audit, compliance, services, operation etc and reporting set up

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