Well planned and well-organized start bears a fruitful end. When you start your leadership journey and take charge of your Unit/Branch, you look for a clear path about not only what you want to achieve, but how you will get there. You need to define your goal, clarify your target and get clear on the actions you will take to get there. Leadership in banking requires some sort of extra efforts because of its vast scope of operations. Strategic Planning and execution are the keys to make more informed decisions, set future directions, establish priorities, allocate resources, and improve and monitor results.
The Most important thing in ascertaining the sustainable growth of the unit/branch is to institutionalise strategy implementation in everyday operations through clear key objectives, goals, performance measures and activities. Putting an execution environment in place is hard, but losing it is easy. More often there'd be a lot of talk and off-site conferences but no action. That's one distinction between team that execute and those that don't.
Execution is a specific set of behaviours and techniques that we need to master in order to have competitive advantage. Execution is the discipline of getting things done. A discipline requiring a comprehensive understanding of a business, its people, and its environment. Any business leader, at any unit or any level, needs to master the discipline of execution. This is the way you establish credibility as a leader.
Plan Your Execution- Execute Your Plan
Strategic planning is vital to the success of branch business development. This is high-level decision-making, and to be successful as a Branch or Unit head, you need to deeply understand your business and your industry. Here are five strategic pieces every branch head/unit head should know.
Bu hikaye BANKING FINANCE dergisinin February 2023 sayısından alınmıştır.
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Bu hikaye BANKING FINANCE dergisinin February 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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