As banks go through their annual strategic planning exercise, they need to make sure they include a rigorous implementation plan.
Facing limited areas for growth and increased competitive concerns, more banks are reviewing and revising their strategic plans. For many, their focus centers on providing increased direction concerning priority market segments and related products and solutions. Banks are also dealing with technology-based issues, involving both which technologies to invest in and how to manage the technology partners that often seem to be determining the tactical choices a bank can make.
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