Browsing by Author "Gilbert, Bonaventura"

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    Analysis of critical success factors for effective risk management in Tanzania banking sector
    (University of Dar es Salaam, 2013) Gilbert, Bonaventura
    The principal purpose of the present study was to analyse critical factors for effective risk management in Tanzania banking sector. Specifically the study assessed the relationship between organizational related critical factors and effective risk management, the relationship between personal related factors and effective risk management within commercial banks in Tanzania. This was the cross sectional study with quantitative research approach namely a self-completion questionnaire, was used to collect data. The questionnaires were received for 108 bank officials from credit, operational, marketing and ICT departments whom were randomly selected to participate into the study. Both primary and secondary data was collected, analysed and presented into bivariate Person correlation, mean and standard deviations and linear regressions was used to test hypotheses. The findings revealed that that organizational structure, top management support, communication process are the main organizational factors to related effective risk management while information technology and organizational culture were perceived to be least factors. On the other hand, adequate training and trust were also considered to be effective personal factors in managing commercial banks related risks. Finally it was recommended that the most important task for a risk management should be to ensure to effective decision-making for objectives to maximize the profit and minimize the future losses