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Continuous Process Improvement in Banking Sector and a Model Design for Performance Enhancement

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Author(s): Lixia Wang | Drama Bedi Guy Herve | Yao Shen

Journal: International Journal of Business and Management
ISSN 1833-3850

Volume: 7;
Issue: 2;
Date: 2012;
Original page

ABSTRACT
The purpose of this study is to analyze the design and implementation of CPI in the bank, to identify the benefitsand develop a better understanding of CPI impact on banking competitiveness, to build processing bank system(PBS) effectively. The study analyzed and improved the CPI theoretical from some aspect of the core ideas,theoretical system, and its applications. Then it proposed a conceptual model of process improvement: CPI-PBShybrid deployment model. LSS was applied as the main tool of CPI to build PBS dynamic optimization systemand provided an empirical example of how CPI constitutes better performance. Through analysis, the researchdrew some conclusions as below. 1, the application of CPI theory to service industries has a good effect, but itshould seriously consider the applicability and feasibility. 2, the process improvement in commercial banks is adynamic, continuous forward process, and it can get a good synergy effect that the strategic integration of CPItheory and PBS thinking. 3, to realize the strategic goal of PBS, LSS alone was not enough. It should integratethe concept, model system of CPI with the theory and methodology of LSS. Then it found out the difficulties andcountermeasures of application of CPI to management banks.
Affiliate Program     

Tango Jona
Tangokurs Rapperswil-Jona