Strategic Planning for Financial Sector Growth

This report examines strategic planning within the financial sector with a focus on resolving organizational problems in wholesale and retail banking. It emphasizes how strategic planning drives future development and increases growth rates.

Business Strategy

Table of Contents
INTRODUCTION ..........................................................................................................................1
MAIN BODY ..................................................................................................................................1
1. Strategic planing......................................................................................................................1
2. Challenges of UK financial sector..........................................................................................2
3. Difference between wholesale banking and retail banking.....................................................3
4. Strategies model .....................................................................................................................5
CONCLUSION ...............................................................................................................................7
REFERENCE...................................................................................................................................8

INTRODUCTION
Strategic planing is increase the level of performance in market. In such a way,
organisation is help to some planing for future development. In this context report assists to
focus on strategic planing, implementation and infrastructure in financial market and
development of nation. In this context present report is based on the HSBC bank. This bank is
basically located in united kingdom and provide different kind of services in financial sector
(Javed, H.A and et.al 2014). In this report is focus ion different between wholesale organisation
and retail organisation in finance filed. With this regard report assists to focus on internal and
external working environment and used model to solved problems. In financial organisation is
focus on increase growth level in market with the help of different kinds of model. Strategic
implementation is help to development of organisation in different sector.
MAIN BODY
1. Strategic planing
In strategic planing is a process of defining a strategy or a direction to make a new
decision in work place. It is help to making decision and allocation of resources in financial
sector. It may also help to control and guiding the implement strategy in organisation. In
financial sector to be focus on strategic planing is help to increase the performance level.
Strategy planing is organisation management activity focus on energy and resources ensure that
the employees and stakeholder to-word the goal.
HSBC bank is focus on fundamental decision and action that shape and guide what the
organisation is, what is does and why it does (Javed, H.A and et.al 2014). All this factor is most
important in financial sector to improve level of performance. In such a way it is focus on some
other factor are as Strategic plan financial sector strategic idea is a document used to be
communicate with system goal and the action is to be ned to achieve that goal and other factor to
used it before implementation of plan. With the help of strategic plan is most important activity
to increase the level of performance and maintained the growth rate in market. Such steps are as
follows :-
 Analyse :- In this factor proper analyses of each and every activity in financial sector.
Proper analyses is help to understand the current internal and external environment and
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help to future development (Jayaram, J and et.al 2014). In this step bank is focus on new
strategy for organisation so it is help to increase growth rate.
 Strategy formulation :- In strategy formulation is high level strategy for future
development. In this step bank is focus on new strategy formulation like approachers of
new market or empower employees in work place. Both the new strategy is most
important to maintained the growth rate in market.
 Strategy execution :- In this process financial sector is help to promote new activity in
work place (Jayaram, J and et.al 2014). In this step organisation is to be use high level
plan and action for execution in financial sector.
 Strategy evaluation :- In strategy evaluation is most important part, before
implementation is to be focus on performance culture and communication and other
activity in work place.
HSBC bank is to be focus on approach new market and empower employees in work place. It is
help to increase the performance level and implementation in organisation. Approach new
market is most important to increase the level of performance and increase growth rate.
2. Challenges of UK financial sector
In financial sector there are lot many challenges to give negative impact on performance
in market. In this context financial sector is focus on some challenges are as follows :-
 Lack of customer oriented banking :- In this way, financial sector is to be increase the
use of technology and smart phone for financial services. It is a big challenges in UK.
Financial services (Phaal, R and et.al 2015). In such a way move focus on digital
engagement for cost reduction.
 Customer services :- In customer services is most important for bank and other financial
activity. It is a big challenge of UK. Government to improve customer serves and
increase the level of performance in bank and other activity (Phaal, R and et.al 2015).
Customer service is a provision of services to customer before during and after purchase
of good.
There are two big challenge of UK. Government about financial services. To remove this kind of
serves with the help of strategies implementation plan. In this context is to be focus on some
process to remove challenges are as follows :-
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 Vision :- In this context vision is most important part of any problem. In such a way
focus on vision of customer and how lack of customer oriented banking in bank (Favaro
and et.al 2015). To see proper vision and work according to them.
 Strategies :- To set a proper strategy as per the vision to increase customer in bank. In this
context to set a proper strategy is help to introduce new way to solve any problems.
 Implement plan :- In this context implement plan is help to strategies and focus on each
and every factor in organisation. In implementation is focus on every one know what they
expect and what they need to update in organisation. It is most important to increase the
level of performance and maintained growth rate (Favaro and et.al 2015). Technology is
to be used to decrease customer in bank. They are used online process for doing any
financial work.
 Monitoring system :- In this step monitor each and every step in bank and focus on
implementation in work place. To control this kind of activity and remove such mistake
in financial sector.
3. Difference between wholesale banking and retail banking
In whole sale banking is referred banking series between merchant bank and other
financial institution. In retail bank is focus on individual and or small business. In this context
this kind of difference between focus on infrastructure, operation and customer expatiation.
Basis Whole sale banking Retail banking
Infrastructure In whole sale banking is focus
on banking services in
merchant banking other
financial institution. It is
second largest sources of
finance. In whole sale banking
is help to increase the level of
performance and maintained
the growth rate. (Cubas‐Díaz,
M and et.al , 2017)
In retail banking is focus on
small business in financial
sector. It is size is low due to
impact of NPV will less. It is
focus on the individual and
increase customer in banking
filed. Their network and data
centre is help to improve the
Infrastructures – many of
which have been constructed
gradually over the years will
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need to be adapted to
incorporate fast and Reliable
optical or Ethernet services.
Operation In whole sale banking small
numbers of branch's is
sufficient to carter to the
corporate clients. It is focus on
large customer and clients and
large number of organisation.
In wholesale banking is focus
on companies, firms, public
sector and institution etc.
(Favaro and et.al 2015)
Retail bank require large
number of customer and
increase the growth rate in
market. In retail banking is
focus on provision of saving
and mortgagee loan and
personal loan and other
financial activity. (Cubas‐Díaz,
M and et.al , 2017)
Customer expectation In whole sale banking is focus
on the each and every
customer and listen problem of
each and every customer. In
such way customer is expected
enhance cash management and
forecasting. It is help to
increase the performance level
and focus on future activity. It
is focus on generate mobility
as per the customer
expectation.
In retail banking is focus on be
honest with each and every
customer and increase
customer traffic. In such a
way, option of finance and
capital allocation and better
risk management.
There is all about the wholesale and retail banking difference as per the operation,
infrastructure and customer expectation in finance filed. It is help to increase the performance
level and change as per the customer need in market. In such a way it is focus on increase the
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customer traffic in retail sector and whole sale bank is focus on improved internal performance
level in market. Operation in internal working is most important to increase the performance
level and continued evolution of treasury and payment solution is most important in work place.
All such kind of activity is most important is help to optimize planing, budgeting and forecasting
in work place (Dahlberg, T and et.al 2016). In such financial institution is work on more
customer strategies in work place. All such kind of strategies is help to increase level of
customer in bank and other financial institution.
Strategies implementation :- In strategies implementation is critical success of financial
institution and focus on whom, where, when and how this focus factor is most important and
increase the level of performance of reaching the desired goal and objective in work place. It
focuses on whole internal work place and maintained the growth rate in market. Implementation
is to be focus on internal swot analyses and identify issue and goal in work place (Jocovic, M
and et.al 2014). HSBC bank is to be work on proper evaluation, vision and planing is working
environment. All such factor is help to maintained the growth rate and help for proper
implementation in work place. In financial sector is to set a proper strategy on customer
expatiation in work place. It is assist to alteration the execution plane. To set a proper strategy is
most important for all polices and program for continues improvement in work place.
4. Strategies model
In financial sector is help to increase the performance level and increase customer traffic
is help to maintained the growth rate in market. Strategies is most important and help to solve
many problems in financial sector (Bentley-Goode, K.A and et.al 2017). In this way used some
model to increase the level of performance and maintained the growth rate in market. In this
context model is most important to implement internal and external factor in work place. In this
way, model are as follows :-
 Ansoff matrix :- It is focus on market development in financial sector. In such a way, it
is focus on benefit form economic and scale. It is also work on product development and
some kind of diversification in work place. HSBC bank is focus on all kind of activity
and help matrix for future development in work place.
 BCG matrix :- In such kind of matrix is help to for long term planning and future
development in work place. In this matrix is help to increase then performance level and
maintained the growth rate (Fiorino, D.J. and Bhan, M., 2016). In the context of financial
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sector is help to focus on investment, market share and large competitor in market. All
such factor is most crucial to change the execution plane. In this kind of matrix is help to
growth share matrix map and business unit position. It is help to increase then increase
the profitably index in financial sector.
 SWOT analyses :- In this factor is work on internal environment of the financial sector.
It is most important and help to increase the performance level. It is help to internal
understand the working environment and In SWOT analyses is focus on four factors are
as follows :-
Strength Weakness
It is focus on the regular process of review ion
business. This factor is positive point in
organisation and help to improve internal
working environment. It is maintained positive
cash flow and maintained balance sheet in
internal working environment. It is growing
turnover and increase profitability in working
environment. (Fiorino, D.J. and Bhan, M.,
2016)
All available security inculcation personal loan
and assets is already plage for existing
borrowing in market. Poor credit control is lead
to unpredictable cash flow in working
environment. In this context is help to improve
over relevance on a few customer in market.
(Favaro and et.al 2015)
Opportunities Threats
In this way, external change provide
opportunities for well managed business. It is
focus on development of new distribution
channel. It is focus on increased sale form
existing customer. The introduction of
financial breaker, who are key to fund
expansion. The opportunities to take on the
key employees and increase the performance
level in market.
In this context price rise form supplier is give
some time negative impact on performance. A
rent review is big threats for financial
institution. Some time legal action is give
impact on performance. In this context political
or some legal changes is big threat in financial
sector as per the UK. Government. (Fiorino,
D.J. and Bhan, M., 2016)
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There is all about the SWOT analyse and there impact on performance. All such factor is help to
increase the level of performance and maintained the growth rate in market.
Porter’s Generic Strategies :- In these strategies is focus on the three most important
factor to increase the level of execution. In this way three factors are as follows :-
 Cost :- In this context cost is most important to increase the performance and maintained
the growth rate market. It main aim to increase profit and reduce cost in work place. In
this context increase market share (Kellermanns, F.W and et.al 2014). This bank is focus
on the making the reasonable profit and increase customer. In this way, growth is to be
depend on cost and increase level of performance in market.
 Differentiation strategies :- In these strategies is work on good research, development
and innovation to be used in financial sector. It is focus on ability to deliver high quality
product and increase growth rate in market. In such a way effective sales and marketing
is most important and maintained the growth rate in market.
 Focus strategies :- In this context focus is most important to each and every sector in
work place. It is help to maintained the growth rate in market and increase performance
level in market (Javed, H.A and et.al 2014). It is focus on different market strategies for
different market in financial sector. It is work at the time of new product development
process in market.
There are all strategies model and help to introduce new technology in market. With the help of
models increase the level of performance and maintained the growth rate and increase profit. In
all such kind of model is help to gain effective and well-kept profit in structure. With the help of
all model HSBC bank is focus on SWOT analyses for future improvement as per the report. In
this report SWOT analyser is help to increase and change internal working environment in work
place (Favaro and et.al 2015). All models are most important, but as per the case of financial
institution is use SWOT analyse for internal as well as external factor in work place.
CONCLUSION
Form the above report is focus on the report assists to focus on strategic planing,
implementation and infrastructure in financial market and development of nation. In this context
present report is based on the HSBC bank. As per the above report is focus on different model
used in financial sector and help to remove problem in organisation. In this report is also focused
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on the whole sale and retail banking. In this report is focus on strategic planing is help to future
development and increase growth rate.
REFERENCE
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justifying and selecting innovation projects.
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Dahlberg, T and et.al 2016. How Business Strategy and Technology Impact the Role and the
Tasks of CIOs: An Evolutionary Model. International Journal of IT/Business Alignment
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Slack, N., 2015. Operations strategy. John Wiley & Sons, Ltd.
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Reporting, and Audit Reporting Quality. Auditing: A Journal of Practice and Theory.
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(INDIACom), 2014 International Conference on (pp. 561-563). IEEE.
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Fiorino, D.J. and Bhan, M., 2016. Supply Chain Management as Private Sector Regulation:
What does it Mean for Business Strategy and Public Policy?. Business Strategy and the
Environment. 25(5). pp.310-322.
Kellermanns, F.W and et.al 2014. The role and impact of emotions in family business strategy:
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