FAR EASTERN UNIVERSITY

Dalag, Angeli M. Student No.: 2013556921

MBA 710 – Section 1 May 30, 2020

Best Practices
Bank of the Philippines Islands (BPI)

Founded in 1851, Bank of the Philippine Islands (BPI) is the first bank in
the Philippines and Southeast Asia. BPI is a universal bank and together with its
subsidiaries and affiliates, it offers wide range of financial products and solutions
that serve both retails and corporate clients. BPI’s services includes consumer
banking and lending, asset management, insurance, securities brokerage and
distribution, foreign exchange, leasing, and corporate and investment banking.

I’ve been working with BPI for almost 3 years and I can say, as to what I’ve
observed, that BPI really takes care of their employees. I’ve gathered what I think
are the best 3 practices of BPI in terms of Selection:

1. Improving Organizational Structure. BPI continuously improves their

organizational structure. This can be an efficient way of conducting organizational
audit, to determine which jobs are redundant and thus no longer needed, and which
ones are needed.

2. Selective Hiring. This enables BPI to bring employees who add value to the
company. They believe that bringing the right people is, therefore, a key to building
a competitive advantage.

3. Agile Hiring Methods. With the diversification of work, it’s important to adopt
flexible selection process. BPI considers the needs and expectations of their
candidates to develop a range of benefits programs that will suit a larger number of
personas and increase their attractively as an employer.

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