Human Resources Management - United Commercial Bank

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NORTH SOUTH UNIVERSITY
MGT 351
INTRODUCTION TO HRM
SECTION: 07

SUBMITTED TO:

Noor-E-Hasnin (NEH)

LECTURER, SCHOOL OF BUSINESS & ECONOMICS

NORTH SOUTH UNIVERSITY

SUBMITTED BY:

Date Of Submission: 16th March 2016

March 16th, 2016

Noor-E-Hasnin (NEH)

Lecturer

School Of Business & Economics

North South University

Sub: Submission Of group project on United Commercial Bank LTD.

Dear Madam,

We are pleased to submit herewith our group report entitled “HRM issues of a Bangladesh based company ” as requirements for partial fulfillment of the course MGT 351.This report is a summary of our findings from United Commercial Bank LTD. It will enhance our future HRM skills and establish a baseline data regarding the course. We have completed the report on schedule and met all your proposed objectives within the allotted time.

The contents of this report concentrate on everything as per outline. We have tried our level best to include all the relevant information after having a face-to-face conversation with employees of this company.

If you have any questions or dilemmas regarding the contents of the project, we would be grateful to receive your advice. Thank you for giving us the opportunity to have a practical knowledge about management skills. We are looking forward to work under your honorable supervision in our future courses.  

Thanking you,

Sincerely,

Table of Contents[pic 5]

Methodology

The purposes of this project is to gain in-depth knowledge about the HRM policies adopted by the organization UCB and find the relationship between the literature and real life scenarios. In order to gather all the necessary information and data, we considered several variables, different methods of collecting data, and different sources of information. We had to deal with certain limitations, but yet we collected enough information in a systematic way to formulate an overall idea of HRM policies and practices of the organization UCB under research. Data for this project were collected both from primary and secondary sources. For primary data we have interviewed vice president and executive officer of UCB’s HR department in order to get direct information. Secondary data were collected through company website as well as online encyclopedia and other websites. As HR department is the most confidential department in a company so for us the limitation was not getting too much information from the bank. More over as we have collected our data for online there might be a chance of scarcity.

Training and Development

For achieving company’s strategic goal human resource development is the pre requisite.  Building professional skills and capacity UCB arranges the program of training their employees and executives on yearly. Usually the top management tries to find out the key areas, which need to be improved in order to meet company’s needs. After that the management formulates an overall plan to design the training program, and they implement the program. Lastly, they assess the overall progress.

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