Conflict Management Paper by @al - Amin - 17999
Conflict Management Paper by @al - Amin - 17999
Conflict Management Paper by @al - Amin - 17999
The Janata Bank, as the focal point of this study, operates within a dynamic
environment where conflicts can arise from various sources. These conflicts may
encompass internal issues within the organization, such as clashes between employees,
conflicting goals or interests among different departments, or disputes over resource
allocation. Additionally, conflicts may also emerge externally, involving customers,
stakeholders, or regulatory authorities, demanding careful attention and resolution.
Understanding the types and nature of conflicts that occur within the Janata Bank is
essential to comprehend the challenges it faces in managing and resolving them. By
identifying these conflicts, both internal and external, a comprehensive picture can be
formed to facilitate the development of appropriate conflict management strategies
tailored to the specific needs and circumstances of the bank.
Moreover, this research aims to assess the current conflict management strategies
employed by the Janata Bank and evaluate their effectiveness. By analyzing the
outcomes of these strategies, it will be possible to determine their impact on conflict
resolution and their contribution to maintaining positive relationships with customers
and stakeholders. Factors such as employee morale, productivity, customer retention
rates, and the bank's overall reputation will be considered to gauge the effectiveness of
the conflict management strategies in place.
In addition to examining the existing strategies, this study will delve into the role of
effective communication and negotiation techniques in conflict management within the
Janata Bank. It will explore how open and transparent communication channels, active
listening, and constructive dialogue can contribute to conflict resolution and foster
stronger relationships with customers and stakeholders. The study will also highlight
the importance of negotiation skills in finding mutually beneficial solutions and
reaching compromises in challenging situations.The findings of this research will not
only contribute to the academic understanding of conflict management in the banking
sector but will also offer practical insights and recommendations for improving the
conflict management strategies of the Janata Bank. The proposed recommendations will
be based on the analysis of the study's findings and will aim to enhance customer
satisfaction, maintain positive relationships, and promote overall organizational
effectiveness.
1.2 Objectives
Objective 1: To identify the various types of conflicts that arise within the Janata Bank.
1.2 Methodology
Sample size: In this research responses are collected from employees of Janata Bank
Lalbag Branch in Rangpur area. The total sample size for this study was 20.
Data presentation:
In this study, we have used descriptive statistics tool like table, Microsoft word and
Microsoft excel to analyze the data.
➢ Data availability was another big issue here because administration of the bank
did not want to share all the confidential information due to privacy issues.
Second Chapter
Conceptual Framework
2.1 Janata Bank Overview
JANATA Bank Limited welcomes you to explore the world of progressive Banking in
Bangladesh. It is a state owned commercial bank and is catering the need of the mass
business people. It was corporatized on 15th November 2007. Janata Bank was born
with a new concept of purposeful banking sub serving the growing and diversified
financial needs of planned economic development of the country.
Our commitment and the people’s belief in us have given us the edge over others to
earn this trust about the safe keeping of their money in the right kind of banking
channel. Janata Bank Limited, one of the state owned commercial banks in Bangladesh,
has an authorized capital of Tk. 20000 million (approx. US$ 283.33 million), paid up
capital of Tk. 5000.00 million, reserve of Tk.10823.01 million and retained surplus Tk.
5167.18 million. The Bank has a total asset of Tk. 345233.92 million as on 31st
December 2010. Immediately after the emergence of Bangladesh in 1971, the erstwhile
United Bank Limited and Union Bank Limited were renamed as Janata Bank. On 15th
November, 2007 the bank has been corporatized and renamed as Janata Bank Limited.
Janata Bank Limited operates through 874 branches including 4 overseas branches at
United Arab Emirates. It is linked with 1202 foreign correspondents all over the world.
The Bank employs more than 15(fifteen) thousand persons.
The mission of the bank is to actively participate in the socio- economic development
of the nation by operating a commercially sound banking organization, providing credit
to viable borrowers, efficiently delivered and competitively priced, simultaneously
protecting depositor’s funds and providing a satisfactory return on equity to the owners.
The corporate head office is located at Dhaka with 10 (ten) Divisions comprising
of 38 (thirty eight) Departments.
Domestic Network:
Numbers of Branch: 874
Overseas Network:
Numbers of Branch: 04
Subsidiaries:
1. Janata Capital and Investment Ltd.: Dhaka.
Departments: 38
Bangladesh Bank)
E-mail: [email protected]
Website: www.janatabank-bd.com
2.3 Vision
To become the effective largest commercial bank in Bangladesh to support
socioeconomic development of the country and to be a leading bank in South Asia.
2.4 Mission
2.6 Awards
Recently The Bank has been recognized internationally and domestically for its good
performance. International Award -& quot; World' Best Bank Award-2009 in
Bangladesh Janata Bank Limited was awarded Best Bank-Bangladesh in the Global
Finance, World' Best Bank Awards, 2009 by New York based Financial Magazine &
quot; Global Finance”. “Global Finance & quot; has identified winning banks based on
number of criteria including growth in Assets, Profitability, Strategic relationships,
Customer Service, Competitive pricing and innovative products. International Award -
" World's Best Bank Award-2008 in Bangladesh Janata Bank Limited was awarded
Best Bank-Bangladesh in the Global Finance, World's Best Bank Awards, 2008 by New
York based Financial Magazine " Global Finance”. “Global Finance & quot; has
identified winning banks based on number of criteria including growth in Assets,
Profitability, Strategic relationships, Customer Service, Competitive pricing and
innovative products. International Award -" World' s Best Bank Award-2007 in
Bangladesh Janata Bank Limited was awarded Best Bank-Bangladesh in the Global
Finance, World' s Best Bank Awards, 2007 by New York based Financial Magazine &
quot; Global Finance”. “Global Finance & quot; has identified winning banks based on
number of criteria including growth in Assets, Profitability, Customer Service, Product
innovation and Advanced Technology. International Award -& quot; World's Best
Bank Award-2006 in Bangladesh Janata Bank Limited was awarded Best Bank-
Bangladesh in the Global Finance, World' Best Bank Awards, 2006 by New York based
Financial Magazine & quot ; Global Finance”. “Global Finance & quot; has identified
winning banks based on number of criteria including growth in Assets, Profitability,
Customer Service, Product innovation and Advanced Technology. Besides the above
mentioned awards, Janata Bank has achieved numerous awards from the beginning of
its establishment.
2.7 Management
Janata Bank is the largest commercial bank of the country. It has 860 branches
throughout the country and abroad to serve the nation. There are 4 overseas branches at
U.A.E. The Head Office of the bank is located at Janata bhaban 110Motijheel C/A,
Dhaka. It has 15 GM, 77 DGM 192 AGM, 576 First AGM, 1037SEO, 3085 EO and
460 AEO. Principal Offices are headed by First AGM and each department is headed
by AGM.
Head Office
G.M. Office
Area Office
Regional Office
Interpretation: Table-2 showing that the gender of the respondents we have found
that the maximum respondents are male and percentage is 80% and remaining 20%
respondents are female.
3.3 How long Employees have been associated with the bank? (in
years)
Interpretation: Table-8 showing that out of 20 respondents common sources that most
of the respondents is competition for resources and the percentage is 40%. The second
highest percentage is 35% which is power struggles and hierarchical issues. The third
highest percentage is 15% which is differences in goals and objectives. The lowest
percentage is 10% which is competition for limited resources.
3.9 What strategy does the bank follow to reduce the conflict?
Interpretation: Table-11 shows that the majority 55% of the respondents are
somewhat satisfied that say us that conflict management strategies are in resolving
disputes within the bank. 30% are neutral, 10% are somewhat dissatisfied, 5% are
highly satisfied and 0% are highly dissatisfied of the respondents.
3.12 How satisfied are you with the conflict management
strategies?
Interpretation: Table-12 shows that out of 20 respondents 50% are somewhat disagree
that do not satisfied with the way conflicts are handled within the bank. 30% are neutral,
20% are highly disagree and highly agree and somewhat agree are 0% respondents
1. In this study we found that most of the respondents (60%) are of 30-40 ages.
2. In this study most of the respondents are male (80%) and rest of the respondents are
female (20%)[email protected]
3. We found that 40% respondents are associated with this bank since 11-15 years.
25% are associate since 5-10 years, 20% are associate above 15 years.
4. From this study we found that 85% respondents are familiar with the concept of
5. We found that about 80% respondents received training and guidance on conflict
management strategies.
7. From the study we see that the common sources of conflict within the bank is
8. We found that 45% respondents prefer not to say that involved in a conflict
9. In this study we found that the bank follow collaboration strategy 60% and
10. We found that 55% respondents think this strategy are effective.
11. We also found that 50% of respondents are somewhat satisfied with the way
12. From the study we found that 55% respondents are somewhat agree with the feel
that conflict have a negative impact on employee morale and productivity within the
bank.
Chapter Four
Recommendation and
Conclusion
4.1 Recommendation
1. After analysis the data we would suggest that all employees of the organization
should have the knowledge about conflict management.
4. Most employees think that conflict only has negative effects, but they need to break
this misconception by telling them that conflict has many positive aspects.
4.2 Conclusion
The application of conflict management strategies depends on the specific situation and
the effectiveness of the chosen approach. Conflict is a natural part of human
interactions, and managing it appropriately is crucial for maintaining positive
relationships and achieving productive outcomes. In conclusion, the effectiveness of a
conflict management strategy depends on the context, the personalities involved, and
the nature of the conflict. The best approach often involves a combination of strategies,
with an emphasis on communication, empathy, and understanding. Creating an open
and supportive environment where conflicts can be addressed constructively is essential
for maintaining positive relationships and achieving successful outcomes.
Appendices
Questionnaire
Bank.
a. 25-30
b. 30-40
c. 40-50
d. Above 50
a. Male
b. Female
c. Other
3. How long have you been associated with the Janata Bank? (in years)
a. 1-5 years
b. 5-10 years
c. 10-15 years
d. Above 15
4. What is your current position? Senior principle officer
a. Principle officer
b. Senior Officer
c. Junior officer
d. Cashier
e. Other
5. Are you familiar with the concept of conflict management in the workplace?
a. Yes
b. No
a. Yes
b. No
7. How often do conflicts arise within the bank? (Please rate on a scale of 1 to 5,
a. Rarely
b. Occasionally
c. Sometimes
d. Frequently
e. Very frequently
8. What are the common sources of conflicts within the bank?
9. Have you ever been involved in a conflict situation within the bank?
a. Yes
b. No
10. What strategy does the bank follow to reduce the conflict?
a. Avoidance
b. Accommodation
c. Compromise
d. Collaboration
e. Competition
11. How effective do you think these conflict management strategies are in
a. Not effective
b. Somewhat effective
c. Moderately effective
d. Effective
e. Highly effective
12. How satisfied are you with the way conflicts are handled within the bank?
a) Highly dissatisfied
b) Somewhat dissatisfied
d) Somewhat satisfied
e) Highly satisfied
13. Do you feel that conflicts have a negative impact on employee morale and
a) Highly agree
b) Somewhat agree
d) Somewhat disagree
e) Highly disagree
Thank you for your participation! Your