Performance and Changes Evaluation & Management: Ways of Development in Banking Institutions

As best as one can say from historical records, banking is the oldest of all financialservices professions. After a comprehensive history, that included both several decades of totalitarian regime and natural business and banks failures caused by the transitional process, Romania already developed a solid banking system, based upon new modern rules, following hard and thorough routes to catch-up the gap that communism created between the country and the other democratic economies. Usually, identifying a target represents only the beginning of development and consequently, changes. Development presupposes both establishing a purpose and a clear image of reality. Once we understand where we want to go and it is clear where we stand, we can become creative and move forward. The challenge we are facing is to constantly be aware of and to simultaneously understand the reality and our target. The distance between the current reality and the target creates a tension called creative tension, which is the beginning of another creative process during which changes are implemented and new performances are expected. But organizations are not static, they always experience various transformations. Any change, including office rearrangements, transformations of the production process by introducing a different technology and changes in the management are multiple causes, internal and/or external, and generate disorder or even radical turnovers. The issue bellow is an analysis of the performance evaluation and the corresponding steps that a banking institution manager should make in order to prepare changes and thus, to develop the organisation subsequently.banking, banking institution, performance management, changes management, motivation, criteria of performance evaluation, management of people

On the Distribution of Random Geometric Graphs

Random geometric graphs (RGGs) are commonly used to model networked systems that depend on the underlying spatial embedding. We concern ourselves with the probability distribution of an RGG, which is crucial for studying its random topology, properties (e.g., connectedness), or Shannon entropy as a measure of the graph's topological uncertainty (or information content). Moreover, the distribution is also relevant for determining average network performance or designing protocols. However, a major impediment in deducing the graph distribution is that it requires the joint probability distribution of the $n(n-1)/2$ distances between $n$ nodes randomly distributed in a bounded domain. As no such result exists in the literature, we make progress by obtaining the joint distribution of the distances between three nodes confined in a disk in $\mathbb{R}^2$. This enables the calculation of the probability distribution and entropy of a three-node graph. For arbitrary $n$, we derive a series of upper bounds on the graph entropy; in particular, the bound involving the entropy of a three-node graph is tighter than the existing bound which assumes distances are independent. Finally, we provide numerical results on graph connectedness and the tightness of the derived entropy bounds.Comment: submitted to the IEEE International Symposium on Information Theory 201

Quantifying Link Stability in Ad Hoc Wireless Networks Subject to Ornstein-Uhlenbeck Mobility

The performance of mobile ad hoc networks in general and that of the routing algorithm, in particular, can be heavily affected by the intrinsic dynamic nature of the underlying topology. In this paper, we build a new analytical/numerical framework that characterizes nodes' mobility and the evolution of links between them. This formulation is based on a stationary Markov chain representation of link connectivity. The existence of a link between two nodes depends on their distance, which is governed by the mobility model. In our analysis, nodes move randomly according to an Ornstein-Uhlenbeck process using one tuning parameter to obtain different levels of randomness in the mobility pattern. Finally, we propose an entropy-rate-based metric that quantifies link uncertainty and evaluates its stability. Numerical results show that the proposed approach can accurately reflect the random mobility in the network and fully captures the link dynamics. It may thus be considered a valuable performance metric for the evaluation of the link stability and connectivity in these networks.Comment: 6 pages, 4 figures, Submitted to IEEE International Conference on Communications 201

Variational Bayesian Inference of Line Spectra

In this paper, we address the fundamental problem of line spectral estimation in a Bayesian framework. We target model order and parameter estimation via variational inference in a probabilistic model in which the frequencies are continuous-valued, i.e., not restricted to a grid; and the coefficients are governed by a Bernoulli-Gaussian prior model turning model order selection into binary sequence detection. Unlike earlier works which retain only point estimates of the frequencies, we undertake a more complete Bayesian treatment by estimating the posterior probability density functions (pdfs) of the frequencies and computing expectations over them. Thus, we additionally capture and operate with the uncertainty of the frequency estimates. Aiming to maximize the model evidence, variational optimization provides analytic approximations of the posterior pdfs and also gives estimates of the additional parameters. We propose an accurate representation of the pdfs of the frequencies by mixtures of von Mises pdfs, which yields closed-form expectations. We define the algorithm VALSE in which the estimates of the pdfs and parameters are iteratively updated. VALSE is a gridless, convergent method, does not require parameter tuning, can easily include prior knowledge about the frequencies and provides approximate posterior pdfs based on which the uncertainty in line spectral estimation can be quantified. Simulation results show that accounting for the uncertainty of frequency estimates, rather than computing just point estimates, significantly improves the performance. The performance of VALSE is superior to that of state-of-the-art methods and closely approaches the Cram\'er-Rao bound computed for the true model order.Comment: 15 pages, 8 figures, accepted for publication in IEEE Transactions on Signal Processin

Questionnaire – Investigation Survey on Employees’ Opinion Regional Report for the Eastern Region of the Romanian Commercial Bank (RCB)

The objective of the study is to investigate the employee’s awareness of Eastern Region of the Romanian Commercial Bank, a research based on a common methodology survey, in order to obtain a general review on an established issue, which was demonstrated and confirmed to be effective and its recognizes the performance in an emblematic bank for the Romanian banking industry

An Iterative Receiver for OFDM With Sparsity-Based Parametric Channel Estimation

In this work we design a receiver that iteratively passes soft information between the channel estimation and data decoding stages. The receiver incorporates sparsity-based parametric channel estimation. State-of-the-art sparsity-based iterative receivers simplify the channel estimation problem by restricting the multipath delays to a grid. Our receiver does not impose such a restriction. As a result it does not suffer from the leakage effect, which destroys sparsity. Communication at near capacity rates in high SNR requires a large modulation order. Due to the close proximity of modulation symbols in such systems, the grid-based approximation is of insufficient accuracy. We show numerically that a state-of-the-art iterative receiver with grid-based sparse channel estimation exhibits a bit-error-rate floor in the high SNR regime. On the contrary, our receiver performs very close to the perfect channel state information bound for all SNR values. We also demonstrate both theoretically and numerically that parametric channel estimation works well in dense channels, i.e., when the number of multipath components is large and each individual component cannot be resolved.Comment: Major revision, accepted for IEEE Transactions on Signal Processin