Strategic Management for Competitive Advantage - Report
Added on 2020-06-04
11 Pages3408 Words46 Views
Business StrategyBUSINESS STRATEGY
Business StrategyTable of ContentsQ1. Define the strategic planning in the context of financial industry. Explain critically the selectedorganizations’ strategy fit with the various strategy definitions...................................................................3Q2. Identify the challenges to the UK financial industry and the process of strategic implementation to theselected organization...................................................................................................................................5Q3. Describe the strategic implementation and differentiate between wholesale organization and retailorganization from financial sector (such as wholesale banking and retail banking) of your choice in termsof their infrastructure, operations and customer expectations......................................................................7Q4. Critically evaluate the effectiveness and application of strategic option models such as Ansoff &Rackoff, etc. Provide examples that reflect the specific application to the retail industry in UK financialsector or organization of your choice...........................................................................................................8Reference list:............................................................................................................................................10Page 1 of 12
Business StrategyQ1. Define the strategic planning in the context of financial industry. Explaincritically the selected organizations’ strategy fit with the various strategydefinitionsThe financial prospect in the industry creates the deliberate prospect for the future growth anddevelopment factor and by the help of this state; the organizations are getting ahead in themarket. The financial industry by their strong prospect in market generates the proper scope andorientation so that they can able to deliver successful services to the customers and place them ina good way to the market. The potential growth factor that Bank of England generate by takinghelp from the government and from the other non-government sources act for the bettersubjective and systematic place for the entire thing (Zeitoun and Mdawar, 2016). The strategicplanning for the organization creates the entire foundation for the banking sector and they areemphasizing their capacity in the market so that they can continue to grow their state with a longterm possibility. The financial strategy that the organization generates with the strong marketengagement connects for the promotion in order to find the good prospect within the market. Thefinancial stability of the bank get maintained by the proper monetary policy and the widereaching strategic state in the national and international market. The mission of the bank is tocreate the successful integration so that it can able to get the perfect recommendations fromWash Review forum and work with the prefect research hub (Klagge et al. 2017). The researchand development criteria develop the blog state for different achievements and several fruitfulinitiatives create the original milestone in order to serve the objectives in a perfect way. Bank ofEngland has created the state in the market with the incorporation of one stop challenge withanalytic excellence, outstanding execution, diverse and talented work force inclusion and mostimportantly the open and accountable access for the entire process management. Thecommunication factor within the organization is an essential factor that creates more strategicimplications and this form generated the base for targeted and creative content, educational baseand outreach state get justified with the entire possibility and the effective decision making stateact for further development prospect (Stone et al. 2016). The working statement that Bank ofEngland follows helps them to create a proper understanding for the entire thing that needs toproject the future diverse procedure. The internal and the external communication structure forPage 2 of 12
Financial strategyBusiness plan and executive summery for future implicationsIdentifying, targeting and engaging with potential investorsInvestor presentationExecution plan and task list Financial strategy roadmap Financial plan Business planExecutive summery planning Developing a target list Elevator pitch Developing an investor presentation Presentation essentials Strategy for financial planningBusiness Strategythe organization is strong and create the analysis of different stages so that it can assist for theproper decision making procedure. The financial strategy planning that the organization can incorporate for further development andgrowth factor are-The financial planning procedure create the systematic formation that generate the delivered andthe system oriented formation for the organizational development prospect and it helps to drivethe business growth in a possible way. The financial growth system get a focused structure fromPage 3 of 12
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