Shortage of Professionalism and Resources Hinders Effectiveness in Georgian Banks.
The research looked into how Georgian commercial banks manage their staff. Having the right people with the right skills is crucial for effective management. Different countries handle human resources management differently, with some having a central agency and others decentralizing it. In Georgia, a mix of both approaches is common. The study found that the main challenges in personal management for commercial banks in Georgia are a lack of professionalism and financial resources. Managers highlighted the shortage of qualified staff as a major obstacle to introducing new ideas and improvements.