GDB MGT603
For ensuring success in business, top management applies
different kind of strategies. Suppose if you are a CEO of any bank, what kind
of strategies you may design for the better growth and success.
Your job is to only identify any four or five successful
strategies for banks.
Due date 05-11-2010
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• Price Leadership Strategy
• Flexibility
• Product or services differentiation
• Time to respond to customers and other changes
• Best possible use of IT & Information System Management
• Strong CRM Department
• Wide range of services to satisfy my customers
• I will try to be proactive rather than to be reactive
• Strong Marketing Department
• Well training Human Resources.
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As being a CEO of any bank I might design the following
strategies;
The latest wealth management industry trends with industry
leaders and experts.
New techniques for assessing risk tolerance and applying
behavioral finance.
Post-modern portfolio management techniques and
asset-liability management.
Key needs of private clients and organizational design ideas.
Family governance, succession planning, and family business issues.
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Interpersonal relationship with the customers and employees
Communication with my employees to check their problems,
needs and complaints
I will change the duties of employees to avoid the plan
fraud.
Continuous audit of the bank will be performed
Careful handling the customers
Sold security of the bank
Easy to get the services in the bank
Mission statement, why the company in business
SWOT analysis
Set the targets (long term objects and
goals)
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