Mar 27 – 29 2023
(Lagos/Abuja Time Zones)

Experience the highly-interactive expert-led social learning through Virtual Classroom via Cisco WebEx from Risktech & Advisory Limited.

All our 2022 Virtual Classroom events feature shared (or discrete) live chat between delegates and the expert, participate in topical surveys, polling questions, group exercises, and case studies for a tried-and-true engaging and gratifying learning experience.

Session 1: What is Strategic Planning?

Session 2: Innovation in Banking

Session 3: Strategy approaches

Session 4: Critically Analysing your Bank

Session 5: Developing Strategy

Session 6: Implementing Strategy

Banking is changing and banks need to change to achieve their missions.  Customers expect different services delivered in different ways.  At the same time, the regulation that underpins banking is becoming increasingly onerous.  In the light of these changes, bank management needs to carefully reconsider their strategy taking account of the opportunities and threats that they are being confronted with. 

 This course looks at both the development of strategy and also strategic risk management, considering the nature of the changing market and seeking to equip delegates with the tools they need to add real value to the strategic discussions within their organisation.   

This course is designed for senior management, governance, strategy, risk and finance management, and staff. 

What is Strategic Planning? 

• What it is and what it is not 

• The key issues with strategic planning 
• Missions, goals, and visions 
• Relationships between strategy, planning, and execution  
• Strategy and leadership 

Case Study:  Review and develop mission statements 

Innovation in Banking 

• How is banking changing? 
• Risk in banking 

• Changing customer expectations 
• What is the role your bank intends to play? 
• Understanding customer segmentation, goals and profitability 
• The impact of the crisis 
• The changes to payments and structures 

• The impact on branch banking 

Case Study:  Review current risk profile and its impact on strategy

Strategy approaches 

• Classical approach 

• PESTLE 
• SWOT analysis 

• Evolutionary approach 
• Processual approach  

• Systemic approach 
• Applying strategy modelling in banking 
• Developing strategic risk management 
• Identifying alternatives 
• Strategy and risk appetite 

• Strategy, liquidity and capital 
• Fab diagrams and uncertainty 

Case Study:  Considering alternatives and their impact 

Critically Analysing your Bank 

• Where are you now? 
• Strengths and weaknesses 
• Business model 

• Competitive advantage 
• Innovation  
• Disruption 
• Growth and resources 
• Value chain 

• Synergies 
• Opportunities and threats 
• Identification of a niche or a coffin 

Case Study:  Assess the strengths and weaknesses of a bank 

Developing Strategy 

• Strategic options – what works? 
• Growth based on competencies 
• Developing competitive strategies 

• Differentiating goals and strategies 
• Identifying strategic options 
• Evaluating strategic alternatives  
• Implementation and planning 
• At company level 

• At business unit level 
• Key elements that need to be addressed 
• Implementation issues 

Case Study:  Develop a suitable strategy for a bank 

Implementing Strategy 

• What works and what does not 
• Identifying benchmarks 
• Getting buy-in from the team 

• Communications 
• Listening 
• Understanding concerns 
• Warning signs and identifiers 
• Reporting 

• When should strategy be reviewed? 

Case Study:  Develop suitable metrics for monitoring strategy 

By the conclusion of this event, delegates will have gained an understanding of how to develop a strategic mindset and will have improved their analytical skills. They will have applied creative planning to current challenges. 

Specifically, they will have learnt:

• How banking is changing and its impact on strategy
• How to analyse a bank
• SWOT analysis and its implementation
• How to build a strategy
• How to develop and implement strategies
• How to manage strategic risk

Highly interactive expert-led intensive presentation, Q&A, group real-time in-depth case studies, regulation and discussion supported by key principles and theory. The virtual learning platform uses safe, industry preferred encrypted Cisco WebEx to optimize live face-to-face visual interaction, discrete chat, for polling and quizzes. (An invitation via email with access link is included for all participants.)