Total Marks 2
Starting Date Wednesday, November 03, 2010
Closing Date Friday, November 05, 2010
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 anyfour or fivesuccessful strategies for banks
.....
1
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
2:
I think the top management is responsible for the formation of corporate strategy including the growth and success
Corporate strategy contains to
Mission statement, why the company in business
SWOT analysis
Set the targets (long term objects and goals)
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
2:
I think the top management is responsible for the formation of corporate strategy including the growth and success
Corporate strategy contains to
Mission statement, why the company in business
SWOT analysis
Set the targets (long term objects and goals)
...............
As a CEO my strategies are
A. Implementation and execution on company's mission statement will be proffered.
B. Strong customer relationship management and reliable services for loyal customer.
C. Huge network of branches for the maximum profit and financial growth.
D. Research and development for better assess the market in competitive environment.
E. Strategic hiring for better performance and Good will.
A. Implementation and execution on company's mission statement will be proffered.
B. Strong customer relationship management and reliable services for loyal customer.
C. Huge network of branches for the maximum profit and financial growth.
D. Research and development for better assess the market in competitive environment.
E. Strategic hiring for better performance and Good will.
.,......
Being a CEO of a bank, I would like to use these strategies to get competitive edge over my competitors;
• 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
• 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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