MGT603 GDB # 1 Solution

Total Marks 2

Starting Date Wednesday, November 03, 2010
Closing Date Friday, November 05, 2010

For ensuring success in business, top management applies different kind of strategies. Suppose if you are a CEO of any bank, what kind of strategies you may design for the better growth and success.

Your job is to only identify anyfour or fivesuccessful strategies for banks

.....
Being a CEO of a bank, I would like to use these strategies to get competitive edge over my competitors;
• Price Leadership Strategy
• Flexibility
• Product or services differentiation
• Time to respond to customers and other changes
• Best possible use of IT & Information System Management
• Strong CRM Department
• Wide range of services to satisfy my customers
• I will try to be proactive rather than to be reactive
• Strong Marketing Department
• Well training Human Resources.