Fundamental changes in bank strategy after the global financial crisis

Fundamental changes in bank strategy after the global financial crisis
Автор
 
Год
 
Страниц
 
120
ISBN
 
9783639223279
Категория
 
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Описание:

Since the year 2007 the global financial crisis has put a sudden end to the growth ambitions of many financial institutions. Banks’ strategies no longer proved appropriate as their critical success factors continuously deteriorated. Therefore, the essential adaptation of growth strategies appeared inevitable in order to maintain successful business. This book demonstrates the impact of the crisis on the business strategy ofan exemplary bank. In order to evaluate the future effectiveness of this strategy, the study considers its three core dimensions customer satisfaction, employee commitment and financial success as well as the correlations between these factors. The results of the analysis clarify the difficulties incontrolling these aspects and simultaneously achieving growth. Moreover, they offer valuable insights and give recommendations regarding the interference of the three dimensions and the improvement of the strategy in times of the global financial crisis.

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