Page 47 - Banking Finance February 2023

ARTICLE

"Strategy is Important ,But Execution is directions, establish priorities, allocate resources, and
improve and monitor results.
Everything. Incredibly Successful People Focus
on Executing Incredibly Well" The Most important thing in ascertaining the sustainable
- Jeff Haden growth of the unit/branch is to institutionalise strategy
implementation in everyday operations through clear key
Well planned and well-organized start bears a fruitful end. objectives, goals, performance measures and activities.
When you start your leadership journey and take charge of Putting an execution environment in place is hard, but losing
your Unit/Branch, you look for a clear path about not only it is easy. More often there'd be a lot of talk and off-site
what you want to achieve, but how you will get there. You conferences but no action. That's one distinction between
need to define your goal, clarify your target and get clear team that execute and those that don't.
on the actions you will take to get there. Leadership in
Execution is a specific set of behaviours and techniques that
banking requires some sort of extra efforts because of its
we need to master in order to have competitive advantage.
vast scope of operations. Strategic Planning and execution
Execution is the discipline of getting things done. A discipline
are the keys to make more informed decisions, set future
requiring a comprehensive understanding of a business, its
people, and its environment. Any business leader, at any unit
About the author or any level, needs to master the discipline of execution. This
is the way you establish credibility as a leader.
Akhilesh Shukla
Plan Your Execution- Execute Your Plan
Chief Manager
Union Bank of India Strategic planning is vital to the success of branch business
Benagaluru
development. This is high-level decision-making, and to be

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