Scribd
Upload
127 views3 pages

Banking Operations Transformation

Banks transform inputs like labor, capital, and information into outputs like goods and services through their transformation systems to meet customer needs. The transformation system is the critical element that determines how well a bank produces outputs that satisfy customers, regardless of whether the bank is for-profit or non-profit. All organizations, including banks, must focus on maximizing the quality of their transformation processes.

Uploaded by

Neeraj Trivedi
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
127 views3 pages

Banking Operations Transformation

Banks transform inputs like labor, capital, and information into outputs like goods and services through their transformation systems to meet customer needs. The transformation system is the critical element that determines how well a bank produces outputs that satisfy customers, regardless of whether the bank is for-profit or non-profit. All organizations, including banks, must focus on maximizing the quality of their transformation processes.

Uploaded by

Neeraj Trivedi
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 3

BANKING TRANSFORMATION: INFORMATIONAL.

Operations management transforms inputs (labor, capital, equipment, land, buildings, materials and information) into outputs (goods and services) that provide added value to customers. It summarizes the transformation process. The Transformation System is the critical element in the model that will determine how well the organization produces goods and services that meet customer needs. It does not matter whether the organization is a for-profit company, a non-profit organization (religious organizations, hospitals, etc.), or a government agency; all organizations must strive to maximize the quality of their transformation processes to meet customer needs.

Processing Chain Of Banks

You might also like