The Mckinsey 7s Model
1.1 INTRODUCTION TO INTERNSHIP: The experience in BMA Wealth Creators, Bangalore limited enriched the knowledge .to start with, BMA Wealth Creators, Bangalore is an Brokerage firm with various financial products like Equities, Derivatives, research & advisory etc..
My overall experience in the company was average with the support from the company employees and the response which I got from the management of BMA Wealth Creators, Bangalore was About Topic: “A study on equity analysis of selected banks”
The Indian banking sector has unprecedented growth along with remarkable improvement in its quality of assets and efficiency since economic liberalization began in the early 1991s. This project is about equity research in banking sector In accounting
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It helps to focus managers’ attention on the importance of linking the strategy to a variety of activities that can affect the implementations of that strategy.
originally developed as a way of thinking more broadly about the problems of organizing effectively, the 7s framework provides a tool for judging the ‘do ability’ of
STRUCTURE:
The company has decentralized system of organization structure. A company’s structure affects its strategic planning and its ability to change. A company’s structure may have a customer or geographical focus. It contains the salient features of the organizational chart and interconnections within the organization STRATEGY: The strategy is the plan or course of action in allocating resources to achieve identified goals over time. BMA Wealth Creators Ltd. aims at improving its customer base by providing integrated financial services to all the
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2800+ business outlets across India.
Comprehensive range of financial services for HNIs & retail investors.
Dedicated research team for technical and fundamental analysis.
A well-equipped customer team, which will assist a new comer in the matters relating to transactions, billing, De-mat and other technical queries
Weakness:
highly risk oriented business.
Slight entry level of investors.
Lacks in advertising.
unlike some of its competitors like ICICI and Kotak, does not provide a complete catalogue of financial services (e.g. Banking facility).
Opportunities:
Successful financial market both country wide and worldwide.
BMA is registered with Luxembourg stock exchange and so can target other stock exchanges.
Strong thrust in franchise in the last two years.
BMA has fixed up with other third party companies to sell their products.
Market expansion at untapped areas, mostly in north India.
Threats:
Unpredicted changes in the capital market such as rules and regulations etc.
Increasing competition in the industry.
Banks with demat facility jockeying for position.
Fast changing in technology.
LEARNING
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