Business Stategy

Business Strategy Learning Diary Module 1: The strategical thinking landscape and tools 13/02/2012 Introductory put forward Looked at Perception 17/2/2012 The Rise & group A; F all of 20/20 Basics * The 20/20 Bank was based on the dogma of Banking is undeniable lingos are non. * They wanted to diverge from the norm of banks by having no bank branches and then bring down constitutes. * To pinch off divergence the CEO refused to hire whatsoeverone with banking background so they would all have fresh ideas and not draw with the taint of the mainstream banking system. * They wanted a fun randy employment where there employees would want to be thencely built their offices on these lines.

Potential Weaknesss * As they had no-one with any banking experience they had no real guidance on how banks operated thus made claims some service delivery etc that were not executable Strategy * In terms of principle outline it was smart as a whip as it differentiated itself so untold from other banks that it practically had no competitors (though of course the fact that it had no competitors could have had something to do with it not being implementable in the pertinacious run) What Happened * The problems began when they started trying to do things on their own when the original strategy was to pass such things on to SAAMBOU this decision was made as sending it to the bank meant the usual banking times and thus gnaw their claims of being much efficient * This change in policy meant the infallible stem wasnt in place and therefore as the thickening base grew the infrastructure cou! ld take it this caused: * The system waiter crashed close to every day due to overloading. * The necessary backup humanity systems were not in place this caused massive expense and cost as a fall back system had to be set up on short notice and thus the backup system wasnt right on tested and properly efficient * The engine room staff werent trained in banking technology due...If you want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper