Strategic Direction and Leadership Report: Stanbic Bank Ghana Ltd

This report provides a comprehensive analysis of strategic direction and leadership, using Stanbic Bank Ghana Ltd (SBGL) as a case study. It explores the restraints and constraints on inter-organisational strategy integration, identifying key stakeholders and change agents. The report compares and evaluates SBGL's mission, goals, roles, and SWOT analysis, along with the theories and methods used in strategy formulation. It examines how strategies link to policy objectives and assesses methods for managing risks and opportunities. Furthermore, the report delves into strategic intelligence, including its acquisition, coordination, and analysis, as well as the impact of strategic alliances on planning and decision-making. It also addresses the concept of acceptable risk and the effectiveness of risk theories. Finally, the report discusses the impact of culture on development and management, considering domestic, national, and multinational contexts, and proposes innovative ways to mitigate risk and enhance the impact of strategy. The analysis includes an evaluation of various theories and methods used in strategic planning and implementation, providing a detailed insight into SBGL's strategic approach.

STRATEGIC DIRECTION
AND LEADERSHIP

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1.1 Restraints and constraints on the integration of inter-organisational strategy......................1
1.2 Identify and assess respective contributions.........................................................................2
1.3 Analysis separate components of planning and implementation process.............................2
1.4 Impact of the inherent and respective power and status.......................................................2
1.5 Key stakeholders and change making agents that are able to promote and implement inter-
organisational strategy................................................................................................................3
TASK 2............................................................................................................................................3
2.1 Compare and evaluate mission, goals, roles, strengths, weaknesses, threats and
opportunities................................................................................................................................3
2.2 Compare and evaluate theories and methods of strategy formulation used in partner
organisation and administration..................................................................................................5
2.3 How strategies effectively link to policy objectives, goals and aspiration to operational
outcomes.....................................................................................................................................6
2.4 Identify and assess impact of methods to manage risks and opportunities in strategy.........7
TASK 3............................................................................................................................................7
3.1 Assess the means of obtaining, co-ordinating, measuring and analyse strategic intelligence
.....................................................................................................................................................7
3.2 Interpret strategic intelligence and determines measures of confidence in intelligence in
different aspects..........................................................................................................................8
3.3 How strategic alliance influence in planning and decision-making......................................8
3.4 Concept of acceptable risk that is associated with gathering and use of strategic
intelligence..................................................................................................................................9
3.5 Effectiveness of the risk theories and models used in inter-organisational strategic
planning.......................................................................................................................................9
TASK 4..........................................................................................................................................10
4.1 Concept of culture, character, ethos, belief, attitudes and needs and explains its impact on
development and management..................................................................................................10

4.2 Assess the influence of domestic, national and multinational context on the development
and implementation of inter-organisational policy and strategy...............................................12
4.3 Information about culture differences that propose innovative ways for mitigating risk and
enhancing impact of it on strategy............................................................................................12
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14

INTRODUCTION
Strategic direction and leadership play a vital role to develop vision, mission and values
within the enterprise. In this aspect, mission statement build relationship among employees and
the organisation (Tarigan, 2016). Further, vision statement consists with information that are
realistic and credible for demonstrates standards of excellence. In this context, report is based on
Stanbic Bank Ghana Ltd (SBGL) that provides commercial banking services which are related to
personal, corporate and public sector of Ghana. In addition to this, they are also provides
facilities of accounts, mortgage, instalment credit, etc.
In order to focus on the present report it covers restraints and constraints on integration of
inter-organisational strategy. Furthermore, it finds impact of the inherent and respective power
and status of the participating in organisation. Moreover, it includes comparison and evaluates
mission, goals, roles and SWOT analysis of the enterprise. At last it provides means of obtaining,
co-ordinating and analysing, etc.
TASK 1
1.1 Restraints and constraints on the integration of inter-organisational strategy
Theory of constraints is determines as review of the philosophy and its application within
the business which are competing increasing on time and quality. Companies cannot survive if
they are fall to attain competitive advantages (Karriker, Madden and Katell, 2017). In respect to
producing high quality products and services, time has been putting very quickly for inventory
turnover. There are three important approaches has been evolved in Stanbic Bank Ghana Ltd
such as competitive advantages, facing challenges and ways to do things. There are several
material also requires in requirement of planning, just in time and theory of constraints.
In this way, concept must be have at least one constraint when profit making organisation
would determine unlimited results. Constraints is anything which limits system from achieving
high performances versus its goal (Kaufman, 2017). In addition to this, existence of constraints
represent opportunity for improvement the system in successful aspect because it determined
performance system. In the inter-organisational strategy. It performs better functioning that
assists to work on principles of organisation. Within Stanbic Bank Ghana Ltd, it is applicable as
per discipline that create different research areas.
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1.2 Identify and assess respective contributions
Working principles of TOC provide focus for continue improvement that creates targets
as per customer requirement. It includes following elements:
Identify the system's constraints: In respect to develop effective concept, system is frame
with constraints such as material, machine, people and demand level. In Stanbic Bank Ghana
Ltd, policies, procedures, rules and methods are developed that frame for important outcomes.
Decide to exploit system's constraints: When constraints are physical, objectives maintain
as effective which should not be exploited but eliminated to replace and support increased
through-put (Shinkle, Kriauciunas and Hundley, 2013).
Subordinates everything to make decisions: This means adjusted need to be implemented
that maximise effectiveness of constraints in Stanbic Bank Ghana Ltd. With the help of these
elements, the selected business can make supportive capacity against system disruptions.
Elevate system: This system contributes in existing constraints that are most critical in the
system. However, improvement efforts can be made that assists to grow potential outcomes and
results in overall system (Gruber, Smerek and James, 2015).
1.3 Analysis separate components of planning and implementation process
There are several components has been determines in strategic planning process of
Stanbic Bank Ghana Ltd. It this aspect, stakeholders are participating to achieve common goals
and objectives in successful manner. With the help of community, agency, program and goals,
the chosen enterprise will easily articulate their vision in successful manner. In addition to this,
there are several strategies also implementing that need to be engaged in planning process. With
the help of large human commitment, objectives and goals has been achieved in successful
manner.
Further, system development must be included in consideration of methods in goal
measurements. It includes assessment of objectives that includes articulation such as targets,
indicators and benchmarks (Coulson-Thomas, 2014). Objectives of Stanbic Bank Ghana Ltd
determines in short term and long term targets will be developed.
1.4 Impact of the inherent and respective power and status
There are different level of strategy frame to determine effective results at workplace:
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Impact on corporate level strategy: Corporate level strategy decides value of the
business in successful manner. It is concerned with overall purposes and scope that are valued in
respect to assess different part of Stanbic Bank Ghana Ltd.
Impact on business unit strategy: It is also known as competitive strategy which
determines tactics to overcome competition. It is also framed ideas that how to successfully
compete in particular market in which different concern are exists such as competitors,
opportunities and new products or services (McKee, Charles and Martin, 2013).
Impact on operational strategy: However, this strategy is also known as go to market or
functional strategy. It demonstrates operational methods that assists to implement tactics. It is
concerned that how components parts of the business delivers effectively in corporate business
level. It includes resources, process and people.
1.5 Key stakeholders and change making agents that are able to promote and implement inter-
organisational strategy
There are several key stakeholders play a vital role in success of the business
organisation. In this context, employees are main element of Stanbic Bank Ghana Ltd who make
effective inter-organisational strategy. They are serves products and services to customers so that
it is main contribution of them in front of business. Further, agent create contact of customer and
banks which could be support to accomplish their targets in effective manner (Manley and
Titchen, 2017).
Manager frames ideas and opinion to serves positive results in front of people to develop
their understanding in successful aspect. In order to make organisational strategy, supply and
relationship management is frame with new paradigm. They are suggested to make changes at
operational and strategic level.
TASK 2
2.1 Compare and evaluate mission, goals, roles, strengths, weaknesses, threats and opportunities
In order to develop the effective results, different banks perceive effective mission,
vision, goals, etc. that assists to promote business results in successful manner.
Mission of the organisation
Stanbic Bank Ghana Ltd has mission to provide high quality, customer centric, driven
services that assists to create effective results at workplace. In order to fulfil this mission,
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business develops their concept which assists to grow effective results in successful
manner (Freeman, Chambers and Newton, 2016). Further, they also determine their
mission to prompt, polite and proactive with customer to speak within the market.
Therefore, it will assist to grow customer satisfaction that creates excellence in outcomes
and results of business environment.
Vision of the organisation
However, vision of the chosen organisation is develops in respect to deal with different
aspects that assists to grow outcomes and results as per customer requirement. Main vision of
Stanbic Bank Ghana Ltd is for customers only. They determine their operations to satisfied
customer first. Hence, targets will be develops according to customer needs and desire. Further,
they are also determines safety and soundness to provide accurate, prompt and courteous services
(Kriger and Zhovtobryukh, 2016).
Goals of the organisation
In respect to determines goals, Stanbic Bank Ghana Ltd has sustainability strategy which
is based on the bank's vision. The chosen organisation need businesses and society need to grow.
There are long-term goals are main target of the enterprise. In order to make development
financial infrastructure is a key aspect that assists for well functioning of society. In integration
of business model consists three areas such as social, financial and environmental sustainability.
Strength of the Organisation
Stanbic Bank Ghana Ltd has various strength in which they are widespread global market
that assists to take risk and ascertain more profits with economies of scale. It is the well
established enterprise which has historical and continually promoted products and services in
different areas of market (Maria Stock, Zacharias and Schnellbaecher, 2017). It is associated
with various innovation that are develops credit functions within the enterprise as per the
customer requirement. There are also various flagship branches opening with different programs
that will be seen as an attempt to refocus on customer demand within the presence of strong
outcomes.
Weaknesses of the organisation
Within the market, there is high competition take place that create negative impact on
Stanbic Bank Ghana Ltd functions. This is because, different organisation also attract customer
with effective strategy. Welfare provision is also not effective of the enterprise when they are
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implement it in new country. This is because, government reduce their cost with implementing
self-provision so that increasing trend required to implement in new places. Charges
Threats of the organisation
Within the market, economic is going towards downturn so that it create threat to acquire
new assets at workplace. Due to making effective results, high investment is needed that is
associated in sub-prime market from the accounts (McGuire and Ray, 2014). In order to offering
wide range of services, Stanbic Bank Ghana Ltd has another threat is perceives to prefer
customer that are present as specialized approach.
Opportunities of the organisation
Stanbic Bank Ghana Ltd can acquire to negotiate better dealing with liquidators that is
allowed to determine selective in different parts of the business in which they acquired. With the
help of bank strategy, full portfolio of services can provides as cross opportunities that assists to
expand business operations in successful manner. Court recently charges such amount which
create challenges with enforceable and repayment is not necessary to continue results (Shattock,
2013).
2.2 Compare and evaluate theories and methods of strategy formulation used in partner
organisation and administration
There are different types of theories exist that involves in formulation and
implementation of the major goals and taking initiatives by the enterprise. In this aspect,
corporate strategy is the pattern of major objectives, purposes, goals and many other policies
plans have been determined to define in Stanbic Bank Ghana Ltd. It creates distinctive way that
ahead from the business. There are skills and resources taken that determines background of
environment and their constraints (Said, Hasan and Omar, 2016). Following are such tools can
be used for formulation of strategies that reflect to environment analysis:
Critical question analysis: In respect to critically analysis, purposes and objectives of
Stanbic Bank Ghana Ltd has been explained. It also determines that where organisation is going
to develop functions and operations. It explains that in which part of the organisation exist for
doing very well at workplace. In addition to this, in Stanbic Bank Ghana Ltd is also determines
better aspect of organisational objectives that can be achieve in the future (STRATEGY
FORMULATION TOOLS, 2017).
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SWOT analysis: On the other hand, SWOT analysis is effective tool that assists to match
internal organisational strength and weaknesses in respect to opportunities and threats. It assists
to review different elements that frame to develop in successful manner for accomplish targets of
Stanbic Bank Ghana Ltd.
Business portfolio analysis: Business portfolio analysis is also frames as strategy that
assists to formulate technique which is based on philosophy of Stanbic Bank Ghana Ltd.
Therefore, the chosen enterprise need to determines technique that is based on philosophy to
handle investment portfolios (National Research Council, 2013). In this way, sound of financial
investments need to be supported that discarded to organisational activities which emphasize to
de-emphasized. Business portfolio tools occur such as BCG growth matrix which organise by
Boston consulting group and GE Multi factor portfolio Matrix create outcomes through general
electric company.
Porter's model for industry analysis: Porter five forces model describes formulation of
strategy that defines as the model for enhance primary forces at workplace (Hillier and Sander,
2015). It frames competitiveness within the industry that suggests and understand different
factors such as new entrants, substitute products and services, suppliers ability, competition
ability, etc.
2.3 How strategies effectively link to policy objectives, goals and aspiration to operational
outcomes
The above formulation strategies develops outcomes in successful manner. It assists to
grow performances and results through creating link with goals, objectives and many other
things. In business portfolios' analysis, there are different tools includes such as BCG matrix and
GE multi factor portfolio matrix.
BCG matrix: In BCG matrix, there are 4 types of quadrants included in Stanbic Bank
Ghana Ltd such as stars, cash cows, question marks and dogs. Star demonstrated high share of
market that is needed to large amount of cash. It is also support to rapid economic growth in
which the organisation usually segment market with additional investment. Further, cash cows
also frame large market share that growingly with large amount of cash. Hence, the chosen firm
will easily meet financial demand of stars (West, 2013). In addition to this, question marks
determines categories which perceive small share for high growth market. It uncertain
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management to invest more cash to gain large share. Beside this, dogs also perceive with small
market share that determines low growth which could be support to generate more resources.
GE Multi factors' portfolio matrix: GE multi factor portfolio matrix is determines tools
which helps to managers for developing strategy that based on primary market. It makes
attractiveness and business strength to deliver effective performances for composite different
factors (Kriger and Zhovtobryukh, 2016). For example, in industry attractiveness no. of
competitors analysis within the industry, rate of industry growth identified and weaknesses of
competitor assess in Stanbic Bank Ghana Ltd. Further, business strengths includes financial
position of company that determines good bargaining position over suppliers. High level of
technology also used in successive aspect.
2.4 Identify and assess impact of methods to manage risks and opportunities in strategy
Different methods create impact in the positive context to manage risk and opportunity
within the strategy. It creates impact in the following context:
Setting objectives of Stanbic Bank Ghana Ltd: BCG matrix assists to develop outcomes and
results in successful manner which determines statement for long term objectives. This strategy
is generally known as medium of realization that state process to reaching towards it. Wider term
strategy believes to deployment of resources to accomplish objectives. As per increasing market
share it assists to set objectives that are beneficial to Stanbic Bank Ghana Ltd.
Evaluating environment of the business: Multi factor matrix also assists to develop
performances that evaluates qualitative and quantitative reviews in existing product line.
Strength and weaknesses of chosen business is also identified to track on competitors position.
Setting targets that are quantitative: Another impact of matrix is to setting organisational
objectives that creates ideas to compare customers of different team that evaluates to take
contribution for operating department (Maria Stock, Zacharias and Schnellbaecher, 2017).
TASK 3
3.1 Assess the means of obtaining, co-ordinating, measuring and analyse strategic intelligence
Obtaining means acquire sources that are helpful to measure outcomes to set targets and
goals at workplace. In this way, Stanbic Bank Ghana Ltd can develop their outcomes within the
financial institutions to regulate directive with various consolidated. Hence, rules are setting that
determines in banking industry to clarify regulatory scheme. Credit institutions and eliminated is
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the most effective fundamental aspect that ascertain relevant laws of member states. Directive is
essential measure, towards achieving of internal market that establish new businesses (Karriker,
Madden and Katell, 2017).
Coordinating means there are many individuals come together and groups also frame for
ascertain different activities. Within Stanbic Bank Ghana Ltd, it encourages people to give their
participation that assists to accomplish objectives. Different group activities of manager
determines their efforts to get automatically coordination to lead with unity of action. Further,
performances also required to measure targets and profitable results in successful aspect (Kriger
and Zhovtobryukh, 2016). With the help of developing results, business can assess their
outcomes which frame to strategic alliance. Strategic intelligence pertains to different elements
such as collection, processing and analysis that is required to forming the policy and military
plans at different level of organisation. It assists to frame effective strategies in Stanbic Bank
Ghana Ltd.
3.2 Interpret strategic intelligence and determines measures of confidence in intelligence in
different aspects
There are different aspects taken which pertains to successful leaders in the business and
government. They are as follows:
 Strategic intelligence determines foresight which contains ability to understand trends
which present in threats and opportunity of an organisation.
 Interpret strategic intelligence of Stanbic Bank Ghana Ltd includes visioning which
comprises ability to conceptual and ideal future state based of foresight process.
 System thinking is creating ability which includes synthesize and integrate elements for
functions to accomplish common purposes.
 Motivating is also needed which frame ability for different people to work together to
implement vision.
 Partnering is creating ability that develops strategic intelligence and confidence in each
individual and group of Stanbic Bank Ghana Ltd.
3.3 How strategic alliance influence in planning and decision-making
Strategic alliance includes different elements that associated with risk-based views and
adequately reflected on the business performances. There are four types of elements included in
planning and decision-making of Stanbic Bank Ghana Ltd. It includes financial, technological,
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physical and managerial resources. There are two types of basic risk in strategic alliances such as
relational risk and performances risk occur. The alliance is making with process that examined in
term of interactive effects of resources and risk on the orientation. It also ascertained objectives
of the prospective alliance partners. Managerial implications discussed in this way which
includes future research direction in the form of propositions for empirical testing (Karriker,
Madden and Katell, 2017).
3.4 Concept of acceptable risk that is associated with gathering and use of strategic intelligence
The term of acceptable risk is defines as likelihood of an event and its occurrence is
depends on small size of amount. It evolved partly realization which absolute determines safety
in general and useful term. Acceptable risk elements emerged with management objectives that
exposure completely as cost effective. In order to strategic alliance, acceptable risk is defines as
the level of human which could be tolerated by individual, household and many other people that
are associated in Stanbic Bank Ghana Ltd. In a recent safety conference, practitioners accept
premise which are absolute attainable in risk free environment. Following are two examples can
be illustrate in acceptable risk:
 Recent safety conference reviewed hazard analysis that includes risk assessment method
which exist in company and creates on its outcomes.
 Safety practitioners of Stanbic Bank Ghana Ltd also need to attend course on acceptable
risk to gather relevant information.
3.5 Effectiveness of the risk theories and models used in inter-organisational strategic planning
In respect to determines the model, system is develops through Viable model. It is
conceptual tool that assist to understand organisation and redesign it to frame support with
management change. Successful application within the numerous private and public sector
organisation is widely used to know about general management population. It contains two main
elements such as ideas behind the model and secondly counter to great legacy for Stanbic Bank
Ghana Ltd thinking. In respect to deal with second part, more details is requires that viewed
traditionally in hierarchical institutions. Hence, the selected business will implement instructions
to develop industrial revolution.
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