Personal skills and self-management Assignment Example | Topics and Well Written Essays - 1250 words

Personal skills and self-management - Assignment ExampleThe new initiative is the head for the hills of the ANZ Mortgages that entails implementing a policy requesting the non-issuance of Certificate of Titles for all the mortgages which are registered by the ANZ Bank in Western Australia. The mapping of this catch is to eliminate the issuance of double up Titles to the bank by the Titles office. This initiative is supposed to be implemented and running in the next three months. The initiative stakeholders will involve several groups among them, customers, solicitors and a organization department. This initiative will be facilitated by technology as it will reduce costs and break service efficiency. Planning of a new purpose or initiative is usually difficult as many people are usually against the idea because of the perceived change of status quo. To make incontestable a move successful it is important to talk to all the parties involved of the benefits of such a project an d the likely effects that such a project would corroborate on them or their mean solar day to day operations. The management may also be sceptical of the idea because of the costs involved in move up such projects. During innovationning the project goals need to be identified, the project deliverables need to be set, the duration frame and the supporting plans need to be established in order to make the project successful. This project is relevant as it will reduce unnecessary paper work and procedures involved in guardianship of duplicate titles at the titles office (Haugan, 2002, 2-39). Once the project is identified by the management or proposed by the staff as was the case for this initiative, a major decision subprogram often begins. Several decisions have to be make whether the project should be implemented or not. In the decision making process a variety of social occasions are involved. In this project a decision needs to be made whether this initiative is actually b eneficial to the organization or not. It will be of no benefit if a project was begun which does not add value to the organization. The objective of this project as explained above is to eliminate the take of Duplicate Titles to the bank by the titles office. The current procedure at the Bank is that when taking security all over landed assets in the form of a first registered mortgage, the client is supposed to deliver a duplicate authentication of Titles to the Department of Land Administration in Western Australia. The duplicate titles plus a counterpart of the mortgages are then filled in the security packet at ANZ. The problem here arises as a result of the duplication of the documents in order to have copies left in both offices. other issue is to do with the entire corpse and how it operates. There are so many disadvantages of the current system namely the risk of the certificates being lost, high cost of replacing lost certificates, expensive storage equipment are requi red for storing the certificates and the rental cost of the storage space. As much as it is a good thing it is a tedious process that needs to be eliminated as it wastes effort, time and space (Project Smart, 2011). According to this plan few options exist. The first option will be to continue having the current system which involves a dowry of work and duplication of efforts. The second option that exists is to eliminate the process in totality so as to have a more efficient system that will utilize the available resources at an low-priced cost to the organization. This is what the project proposes as it will have a lot of benefits. The benefits include the elimination of misfiled certificate and all the costs and penalties that are associated with them, reduction of the physical space required for the storage of these documents, reduction in paper handling/recording and transfer for both offices, security of the documents as they will be handled formerly and filed by the Bank s taff and efficient customer service. Therefore the implementation of this initiative will go a long way in helping the Bank achieve its objectives and also help the