Tag: Resource Allocation

What Are Your Bank’s Priorities?

Resource Allocation

A bank has limited resources and must proactively allocate according to their priorities. Unfortunately, while banks often know their objectives for the year, they often don’t take the time in their strategic planning sessions to place those objectives in a prioritized context and don’t add a weighting to each. As such, there is often a misallocation of resources and a misalignment over the precedence of initiatives. In this article, we look at top initiatives for CEOs, the priority of each initiative and their relative weights.

 

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