Strategic management at Qatar Bank
Summary :
Table of Contents
- Introduction
- Strategic management practices
- Methodology and data
- Strategic positioning of QNB (Qatar National Bank)
- Quality of leadership and personnel
- The strength of network
- Reputation and goodwill of the bank
- Evaluation of the impact of major factors
- Conclusion
- Bibliography
Abstract
QNB is one of the highly successful banks in qatar with strong presence across the country. It has the largest network of branches inside the country as well as outside the country. The bank has shown considerable improvement in its performance over the period of time mainly due to the correct and proper strategic management within the organization. Over the period of time, it has enabled itself to impart upon a new breed of managers which are now considered as one of its strongest sources of competitive advantages. The bank has also formed strategic alliances with various governmental and non-governmental organizations to gain access to different and diverse nature of markets. Apart from that bank has also grown in reputation because of its excellent service as well as reach in the market.
Banks need to rely on the local sources of employees rather than relying on the foreigners to fill in important positions besides focusing more on technology to become more efficient and productive in nature.
Banks need to rely on the local sources of employees rather than relying on the foreigners to fill in important positions besides focusing more on technology to become more efficient and productive in nature.
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