Strategic planning, Environmental scanning, Strategy formulation


Strategic planning is a systematic and formalised approach to a realistic determination of the banks objectives, goals and strategies. The operatives and word here is realistic for their is no organisation without objectives. The article discusses the elaborate procedure adopted by a bank intent on introducing formalised planning. It highlighted loopholes to be avoided if the bank is to have any chance of seeing its plan implemented. Finally, the author shared the experience of United Bank for Africa (UBA), limited in strategic planning.

Author Bio

The Author is a staff of United Bank of Africa (UBA).

Publication Title

CBN Bullion





Included in

Finance Commons


To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.