Your review is Submitted Successfully. ×
Punit Jangid@mantracare
Oct 15, 2004 03:56 PM, 3753 Views
(Updated Oct 15, 2004)
Tip to increase Bank/Mf productivity n save costs

**How to save operating costs of Banks and MFs and increase India’s Productivity**

The second biggest cause of wasted productive time at work of Indian Bank/Mf staffs, after Internet in office, is the practice of stapling, atleast twice, every envelope that is already sealed well.

Besides, the recipients waste a lot of productive time(searching for right tool) as they cant just tear open the letter and start reading the redemption cheque or as is most often the case a damn notice imposing additional charges or more service tax to please PChidambaram, thus enabling him to dole out freeB to Swindler States like Laloo land.

Well, I am digressing; back to cost saving idea to banks & MFs.

With rising costs of Steel, costs further fueled by short supply due China s*cking up all world steel, the Industries’ profitability suffers.

If only banks & MFs used fewer staplers, that end up in dustbins in India, un-recyclable, we could divert all of it for India Inc to make, I am sure, few more thousands of cars for export!

A generation old distrust on poor standard glue manufactured by Indian industries & badly sized envelopes that allow paper inside to sway from one end to other thereby making the recipient address vanish from the window, making it difficult for the postman & the notoriety of Postal department tearing up envelope in the transit process, has led to this’costly for all’ practice of stapling every sealed envelope atleast twice and often more!

**Things have changed; atleast in the more professional(non UTI) MFs and non PSU banks.** They use these days, professionally designed & properly fitting envelope with self adhesive that actually works!

Let the Private Banks and MFs make a beginning by stopping the multiple-stapler practice, saving their costs & also contributing to India Inc in a small way. The PSU banks will follow suit as they are doing with every other innovation - it may take a decade of battering; but sure they will follow.

Let us make a beginning and save steel & people’s energy!

EPILOG:

**One small request for any Indian Govt bureaucrat reading this article:** Please donot implement this idea in your dept. It is very bad for the recipients of IGS(India Government Service) letters. It cant work in Govt Depts; what with the stock pile of poorly designed & weak envelopes that is the order of the IGS, as you had to and as it appears, for a while to come, have to award the envelope supply contracts to friends and relatives of Laloo like politicians. You do have the pleasure of time-honoured(sic) systems such as awarding contract to the lowest of three bidders, never mind the quality compromise in the process. But is it not child’s play for Laloo-like-politician’s friends to org anise the three quotes to please anyone!

(0)
Please fill in a comment to justify your rating for this review.
Post

Recommended Top Articles

Question & Answer