Worth The Effort: Strategic Planning for Superior Bank Performance in the Post-Economic Crisis
Nearly every bank executive accepts the intrinsic value of strategic planning and tries to engage in planning to some extent. For such a common management exercise, however, it is widely misunderstood and often poorly executed. That’s no wonder when you consider that strategic planning is a continuous executive management activity that enfolds virtually every aspect of a bank’s operation. However, there is growing appreciation for both the complexity and value of strategic planning and the practice has evolved in sophistication. Boards of directors are taking a more active role in the planning process and are more engaged in setting the...
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