Sample IT Essays on Pay Land Bank Strategies

Pay Land Bank uses networking as one of its main competitive strategies, and a source of growth. The Bank serves a wide range of customers, including the poor income groups, middle-income groups, and high-income consumer groups. As a vital component of the banking industry, network management has enabled Pay Land Bank to compete with other banking and financial institutions in Pay Land. The interconnection of various network operations involved in the management of the pertinent information within the organization has enabled the institution to respond to emerging trends and challenges in the banking industry. These include various computing devices for communication purposes besides sharing resources within various departments in the organization (Nadeau 2003, p. 89).  Owing to increasing globalization and competition in the industry, Pay Land will need to develop effective computer networks that will ensure favorable competition in the market. Information technology is increasingly being recognized as imperative in Pay Landbank to enable the institution to remain competitive and offer a wide range of financial products and timely services (Zeltserman & Puoplo 1998, p. 65).

Both domestic and foreign capital and money market have influenced the operations of Pay Landbank.  The bank sources its funds from the local and foreign money and capital markets, which are highly regulated. Given the variability of exchange rates, the bank needs to develop an efficient timing strategy to avoid likely losses from unstable exchange regimes (Shrivastava, Pandey & Vidyarthi 2007, p. 45). This, therefore, demands an effective network system that can efficiently allow for the transfer of funds and access to vital information (Gosselin 2010, p. 300).  Continued manual operations in the highly automated banking industry could lead to a loss of competitive advantage to the bank due to increasing costs. These network systems should be tailored to ensure effective communication between the potential users and the bank’s trained personnel, especially in developing economies (Zeltserman & Puoplo 1998, p. 345).

Analysis of the Pay Land bank’s financial statements and audit report of the previous year indicates that the bank’s risks and challenges emanate from changing business cycles, rising competition poor management strategies (Robinson 2011, p.90). The audit report indicates a highly segmented information system between various departments, which poses a security threat to the integrity of data processed by the bank. The introduction of computer-based management information systems, employing information technology has greatly helped in minimizing the staff requirements. Financial analysis and statistical research including modeling of portfolios and securities, formulation of investment approaches, and market trend analysis can be effectively undertaken with an efficient network management system.  This will assist the bank to design new products and develop the existing products to meet the specific needs of the customers (Schildmeijer 2011, p. 209).

The major requirements for Pay Landbank are addressing the information systems security, management strategies, and macroeconomic variables. For example, the bank should actively manage its asset composition and the huge foreign borrowing to address the risks of fluctuations of interest rates and differing regulatory needs. The information systems should be tailored to the needs of the organization while addressing the growing demands of the market (Mcnaughton, & Barltrop 2002, p. 321). The bank should maintain insurance policies and hedging techniques aimed at reducing the variability of risks and changing business cycles. The requirements of the new information system should be institution and customer-focused. These include customer relationship systems and other institutional needs.

My recommendation to the bank is to develop a networked management station to respond to market dynamics appropriately. Both Medium and large network management systems should be built on third-party’s software platforms. These stations will help in collecting information from the managed nodes via agents and present it in a comfortable way to the user. Pay Landbank should revise the management strategies to incorporate measures that improve the motivation of its employees for higher performance. An agent tasked with monitoring the bank’s network nodes should gather data on the bank’s performance and present a status report of the bank (Nadeau 2003, p. 406).

In conclusion, the paper has addressed the sources of growth and challenges of the Pay land bank. The key source of growth for these includes networking activities, a wide demographic network, and improved business culture. Networking has enabled the bank to compete in the industry, produce products and services that correspond to the market demands, and improve service delivery. However, the bank faces challenges from changing market trends, competition, interest rate fluctuations, and regulations. The bank should respond to these challenges through efficient management strategies, information secure computer networks, and an integrated management approaches. These strategies are relevant to the bank’s future growth, profitability, and competition.



Mcnaughton, D., & Barltrop, C., 2002. Banking institutions in developing markets. Washington, D.C., World Bank.

Shrivastava, M. P., Pandey, P. K., & Vidyarthi, V. P., 2007. Banking reforms and globalization. New Delhi, APH Pub. Corp.

Schildmeijer, M., 2011. Oracle WebLogic Server 11g PS2 administration essentials install, configure, deploy, and administer Java EE applications with Oracle WebLogic Server. Birmingham, UK, Packt Pub.

Top of Form

Robinson, S., 2011. IBM WebSphere Application Server 8.0 administration guide learn to administer a reliable, secure, and scalable environment for running applications with IBM WebSphere Application Server 8.0. Birmingham, Packt Pub. of Form

Sturt, E., 1994. Network management: concepts and tools. London, Chapman & Hall.

Nadeau, T. D., 2003. MPLS network management MIBs, tools, and techniques. San Francisco, Calif, Morgan Kaufmann.

Zeltserman, D., & Puoplo, G., 1998. Building network management tools with Tcl/Tk. Upper Saddle River, NJ, Prentice-Hall.

Berson, A., 1996. Client/server architecture. New York, McGraw-Hill.

Gosselin, D., 2010. ASP.NET programming with C# & SQL Server. Boston, MA, Course Technology/Cengage Learning.

Ambler, T., Calo, S. B., & Kar, G., 2000. Services management in intelligent networks 11th IFIP/IEEE International Workshop on Distributed Systems: Operations and Management, DSOM 2000, Austin, TX, USA, December 4-6, 2000: proceedings. Berlin, Springer.