The survey provided with valuable insights about different attributes of the services delivered by HSBC Dhaka Branch. There were few weak points in the service dimensions, where improvements were needed. As a result, following are few recommendations for improving the service quality.
Enhancing the visual elements
HSBC must enhance the visual attractiveness of its physical items such as cheque books, ATM cards and other physical goodies such as brochures, card holders etc. It can take help of professional designers in this case.
Sincerity in case of a problem
Most of the time when a problem stirred up, HSBC staffs failed to show keen interest in solving it. Hence, the customer service department staffs should be more helpful whenever a customer faces any problem. They must not leave a customer waiting and wondering about how to solve this particular problem. Instead, the staffs have to proactively look for customer who are having problems, and assist them as quickly as possible to solve the issue
Reducing overall errors
Employees of HSBC, especially the customer service representatives have to be very serious about one thing, and that is they must reduce the number of errors they make when handling customer queries. HSCB should arrange workshops on clerical procedures, and should establish a checklist for all the procedures to ensure that every clerical check is done without any mistakes. Along with these, CSRs must trim down the number of faults they make in first instance of a service delivery. Here again, they can take help of a checklist.
Exact time of service delivery
Customer service representatives must communicate a near precise time of a service delivery to the customer. Not just that, the CSRs have to act accordingly to deliver the service within the promised time.
Added Convenience
HSBC should immediately take steps to start adding features like online and SMS banking. There ATM machines should facilitate payment of various bills. Even the average local competitor of HSBC is providing customers with such features. Along with that, HSBC Dhaka should introduce the option of Evening Banking, as its primary competitor SCB Dhaka is already providing such facility.
Employee behavior and appearance
The management must ensure that HSBC employees, under all circumstances are making courteous behavior and professional appearance. From the survey, few exceptions were found, which effected the overall service quality. Management of HSBC must establish a strong customer feedback system to ensure that, customers are happy with every service dimension, including this one.
Use of Marketing Research
The management of HSBC should regularly administer marketing research activities in order to keep a regular track of quality of services. Regular research should also be conducted to find out customer expectations about various service aspects and their satisfaction in terms of these aspects. As customer expectations vary greatly with time, static figures, regular research at sufficient intervals should be conducted.
Clarity of the statements:
The bank should redesign the format of its account statement into a clearer and easily understandable format. The survey showed a huge amount of dissatisfaction towards the current format of statements. It should be redesigned with inputs from customers and satisfying their requirements.
Corporate Entrepreneurship
Top level management of HSBC should establish a formal process to acquire inputs from operational staffs. Some day to day activities (e.g., maintaining mail tracker) are unnecessary lengthy or complex, which could be made reasonable if other methods were followed. Lower level employees know such diverse methods, and would love to see them in work but don’t have an established framework to suggest it to the top level management.