Wednesday, June 12, 2019
A Consultant's Report - Written on a fictitious Bank Essay
A Consultants Report - Written on a fictitious Bank - Essay ExampleIt was found that only one and only(a) project for development was being investigated by the XYZ Bank. The other two major projects requiring probe were pending for the routine board decision to be taken. There is an investigation mechanism which needs to be followed by the XYZ Bank. As per the mechanism process, the swearing company is vatical to investigate whether the development project funded by it is harming the interests of the local communities where the project is spillage to take place. The XYZ Bank has made a declaration of the same intent that it will disclose all relevant information to bring transparency in its operations for accountability purpose. P&P Consulting found that there was lack of transparency in the functioning of the XYZ Bank no timelines were fixed to finish investigations. Stakeholders were distressed over the slow process of investigation. P&P Consulting saw an opportunity in the said case knowing the crucial role that the bank was supposed to play in the lives of people who had to vacate the adjoining lands, and requested compensation. P&P Consulting found flaws in the systems of working calling immediate attention of the implicated stakeholders the Banks President and Board of Directors. Steps taken includedP&P Consulting found that three claims were pending decision by the XYZ Bank. statute title for Golf Link project had been pending for the last seven years, awaiting decision. Rests of the two cases are fresh claims filed with the bank. These cases will test the current operational mechanism of the bank and we are not optimistic that the bank will pass the test.The Golf Links claim describes both the transparency and the timing issues. The affected people contacted the bank requesting an inquiry on August 11th, 2002. Yet, the inquiry was not ordered until July 2004, about two years late when the request for it was filed with the bank.The limit was cr ossed by not responding back to the claimants about what
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