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Concepts, Assumptions And Scope Of Strategic Planning., Boniface Chizea Dr
Concepts, Assumptions And Scope Of Strategic Planning., Boniface Chizea Dr
Bullion
Strategic planning is a systematic and formalised approach to a realistic determination of the banks objectives, goals and strategies. The operatives and word here is realistic for their is no organisation without objectives. The article discusses the elaborate procedure adopted by a bank intent on introducing formalised planning. It highlighted loopholes to be avoided if the bank is to have any chance of seeing its plan implemented. Finally, the author shared the experience of United Bank for Africa (UBA), limited in strategic planning.