ABSTRACT
In all business enterprise the
need for effective management of organizational policies and procedures in very
important and can never be over emphasized and to achieve this goal target and
objective it is beckoned on the design of managers who do not sit there as a
ceremonial heads rather they house role of implanting the organic functions of
management in today’s dynamic and competitive business environment in
Nigeria. His works is design to expose
and aid the serious minded managers to be adequately equipped to the challenges
a head as future management practitioners in business. And when adequate implementation of policies
and procedure is not there business world will be greatly affected.In
generating data needed to achieve the objective of this study crosses-sectional
survey was used. Questionnaires was used as he major instrument for primary
data collection. To broaden the
researcher’s depth of knowledge in the study area the research embarks on
review of related literature with data drawn from secondary sources. Data generated in the study was presented on
frequency tables and analyzed using simple percentage while the hypothesis were
tested with chi -square (x2).It was found at the and of the research
work that most organization cannot get the best out of their workers or reach
to their option goal target and objective because of from management of
organizational policies and procedure in Nigeria business workers are not
allowed to join in decision making that concerns them.From the findings
existence of these policies and procedures in one things awareness and
utilization management on the part of the employee because another things and
if not taken care of it will greatly affect the whole things as for as business
is concern. Some of the policies and procedure are not in time with survival of
the fittest in the banking industry changes in technology necessitate changes
in policies.
Finally the need fore effective
management of organizational policies and procedure most be more sensitive to
customers and also in order to up grade the workforce with exquisite training
and motivation which is the main target.
TABLE
OF CONTENTS
Title page
Approval
Dedication.
Acknowledgement
Abstract
CHAPTER ONE
INTRODUCTION
1.1 Background of study.
1.2 Statements
of problem.
1.3 Purpose
of study
1.4 Scope
of the study
1.5 Research
hypothesis
1.5 Significance of the study
1.6 Definition of terms
Reference
CHAPTER TWO
2.1 Review
of related literature
2.2 The
need for effective management policy
2.3 The
need for effective management of organizational function
2.4 The
need for effective control of organizational policies and procedure Nigeria business
2.5 Profit
of union bank
2.6 Union
bank operational rules and regulation and result.
2.7 Banking
in Nigeria
2.8 The
need for effective functions of bank generally
Reference
CHAPTER THREE
3.1 Research design
3.2 Area
of the study
3.3 Population
of the study size
3.4 Instrument
for data collection
3.5 Validation
of the instrument
3.6 Reliability
of the instrument
3.7 Method
of data collection
3.8 Method
of data analysis
CHAPTER FOUR
4.1 Data
presentation & analysis
4.1 Testing
4.2 Summary of result
CHAPTER FIVE
5.1 Discussion
recommendation and conclusion
5.2 Discussion of result / findings
5.3 Conclusion
5.4 Implication of the research finding
5.5 Suggestion for furthers research
Reference
Appendix
one
Appendix
CHAPTER ONE
INTRODUCTION
The
need for effective management of organizational policies and procedures must be
more sensitive to customer are and also order to up grade the workforce with
exquisite training and motivation so as to union a winner or devil a set
objective which is the main target.
1.1
BACKGROUND OF THE STUDY
The need for effective management of
organizational polices and procedure in Nigeria business encouraged delegation
making to business managers who not sit there as ceremonial needs rather they
have the role of managing the organic function of management in today’s dynamic
and competitive business environment in Nigeria. The research work is designed to expose aid
the challenge ahead as future management parishioners in business.
Good
policies provide definite and clear direction by top management and of the
sometime allow subordinates to make their own decision with clearly stated
limits. The usual sources of policies and procedure in Nigeria business
embedded on managers and if is pertinent to mode that for a business to nation
its position as a “going concern” entity, it is imperative that managers
formulate policies plan effectively for the business enterprise. This is a
major aspect of a task facing manager especially in a modern complex business
situation. Therefore today mangers must take into consideration the following
measures of the need for effective management of organizational policies and
procedure in Nigeria business.
They
must especially take into account the forces and trends such as environmental
economics political sociological psychological technology legal and ethnical
factors while formulating the policies that can facilitate the accomplishment
of the overall objective and goals of the business in question.
Of
course if a policy has been formulated but has not been carried out or
implemented in action in cannot be effective since it has not come to the
attention of the employee but it was the risk of being over cooked or
misinterpreted, but according to Apala (1990: 59) he said that written polices
are more precise and less prone to misunderstanding.
The
need for effective management of organizational policies and procedure in
Nigeria business to be properly executed the laid down rules guiding the
organization must follow.
Procedure
on the other land can so stated as the system that describes in details the
step to be taken in order to accomplish a set objective in business which is
the main target that head to the need for effective management of
organizational policies and procedure emphasis more in detail while policies
concentrate on the basis general approaches.
A policy is therefore a guide for making decision thus according to
Apala (1990:59) the simply defines policies as guide lines to managerial
actions while Coventry and Barker (1985:93) defines policies as the guideline
laid down in general or specific terms to make organization to mach the
expected target or objective
12
STATEMENT OF THE PROBLEM
This
boils down to what constitute the problem on the study of the need for
effective management of organizational policies and procedure in Nigeria
business exist on its own it need employers who will work in implementing those
policies needed for effective business environment and all those will not take
expected standard unless workers are properly motivated given them required
training internal and external incentive and their salary may even be increased
paying them over time and case things will be moving haphazardly and it will
constitute a lot of problem to the study.
1.3
PURPOSE OF THE STUDY
Once
case study will be union Bank of Nigeria Plc which is nation wide bank
including moral branches we shall measure implemental of control effectiveness
existing in the bank with aspect to certain principles and safeguards which
must be incorporated in any control
system as for as business is concern in Nigeria. They are as follows:
-
The system is must have objectives which
are relative and sell designed procedure.
-
He is feedback information to let him
know how is actual compares will the plans in the business of
-
Each manager in the business
organization is given an opportunity to contribute towards the formulation of
planning for which be still be held accountable.
-
They system must have a sound
organizational structure and well designed procedure.
1.4
SCOPE OF THE STUDY
This study will
be limited to few operational activities of banks we must not forget that a
control missions of a bank as an intermediation is to protect the value which
come into its. Therefore every activities in a bank has implication for the
safety of value received given or transferred. Receiving cash deposit or paying
withdrawal request are fairly universal
function and would appear to have little room for variation from branch to
branch examples will be foreign exchange transaction capital and money market
operational transfer etc.
Operation
rules dealing with these make assumption
about the ability of a branch and it customers and the available of certain
infrastructures. But this is not always the case so what happens in the
exceptions care?
Our
study should be limited to only such activities.
1.5
RESEARCH HYPOTHESIS
HYPOTHESIS
ONE
H0: All cadres of workers in Union Bank of
Nigeria Plc are not involved in
The
need for effective management of organizational policies and procedure in
Nigeria business.
Hi: All cadres of workers in Union Bank of
Nigeria Plc are not involved in
The
need for effective management of organizational policies and procedure in
Nigeria business.
HYPOTHESIS
TWO
H0: Effective management has not helped in
today’s dynamic and
competitive
environment
H0: Effective management has helped in today’s dynamic and
competitive
environment
1.6
SIGNIFICANCE OF THE STUDY
The need for
effective management of organizational policies and procedure in Nigeria business should help effective managers to
maintain or reach to set objectives in
the business world. The study is very timely especially today that all hands
are on desk to enhance business in Nigeria because of the dynamic and
competitive business environment. We are in and as such this research work is designed to exposé and aid the services
minded managers to be adequately equipped to face the challenges a lead as future
management parishioners in business.
For
the need for effective management of organizational policies and procedure in
Nigeria business. There are three decisions to be made
a)
Effective strategic planning
b)
Effective management
c)
Operational
The
need for effective management of policies in business is the process by which
manager makes sure that resources are obtain since that expected rules and
regulation are implemented and executed there no way the required resources not
be obtained.
It
is necessary to work according to organizational policies in business ventures
so as not to go contrary which way affect the business rather the business will
attain the it equilibrium point
1.7
DEFINITION OF TERMS
Asses Weight and appraise
Regulate
To adjust to return to
predetermine course
Performance
The act of doing work
Result
The out come of performance
Procedure
The way work is done
Efficiency
Resources input into a
process to produce the optimum
Amount of output
Effectiveness
Resources are used to achieve the desired ands
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