The strategic plan for your organization Assignment

The strategic plan for your organization - Assignment ExampleAn appropriate implementation plan of Davivienda rim will help it to transform the developed plotted projects into actual service provision (Jeffes, 2008). Figure 1 Implementation and Planning (Source Standard bank, 2011). The above chart shows the various activities that encompass the planning and implementation of an organization. Thus, it becomes exceedingly rational to analyze and set an efficient implementation plan for the Davivienda bank of Columbia. Objectives The recessionary trails in the contemporary world have reduced velocity of circulation of bills in many economies. It has been estimated that the scope of banking activities have reduced in Sri Lanka and that has not only affected the economy of the nation, but has also negatively influenced the neighboring economies. The search has previously structuredd certain growth strategies that would help to reduce the economic crisis in Sri Lank by expanding the scale of banking business. This part of the essay will launch the implementation plan with the help of these strategies (DPMC, 2012). The primary objectives to be studied in the implementation plan of Davivienda bank are- portion out substantial finances to incorporate the growth strategies. Reduce crisis in the economy by offering varied financial products in different regions of the economy. Introducing financial products that focus on investment banking. sum up the speculative transactions in the economy. Reducing the risks in the transactions of the bank. Facilitating the growth of other banking institutions. Incorporating a strong organizational structure and hierarchy in the bank. rivet in financial products differentiation. Functional Tactics The functional tactics adopted by the officials of the Davivienda bank are all the small designates that moldiness be genteel to implement the desired growth strategies. The functional tactics that are to be executed in the impleme ntation plan are- Time Horizon the bank must set an appropriate time span within which it would target to achieve its desired goals and objectives. Resources only evaluating the required time is not enough, the bank must try to estimate the required resources that would be necessary to execute the implementation plan. Money the most important resource that is required for completion of any task is money, the Davivienda bank must analyze the gross liquidity required to execute the desired objectives. Strategies finally the bank must be clear about the subject matter competences and strategies to be incorporated in the implementation plan (Pinson, 2008). Action items The following table explains the action items of the Davivienda bank that are requisites for launching the implementation program. Activities Objectives Implementation Allocate sufficient finance to incorporate the growth strategies. To increase the scale and scope of banking operations and consequently reduce the crisis in the economy. Mobilize maximum possible pecuniary resource that may be allocated in the expansionary policies. Offering varied and differentiated financial products. Encouraging individuals to participate in the banking activities. Set