Try GOLD - Free
THE ART & SCIENCE OF EXECUTION
BANKING FINANCE
|February 2023
"Strategy is Important,But Execution is Everything. Incredibly Successful People Focus on Executing Incredibly Well"
Well planned and well-organized start bears a fruitful end. When you start your leadership journey and take charge of your Unit/Branch, you look for a clear path about not only what you want to achieve, but how you will get there. You need to define your goal, clarify your target and get clear on the actions you will take to get there. Leadership in banking requires some sort of extra efforts because of its vast scope of operations. Strategic Planning and execution are the keys to make more informed decisions, set future directions, establish priorities, allocate resources, and improve and monitor results.
The Most important thing in ascertaining the sustainable growth of the unit/branch is to institutionalise strategy implementation in everyday operations through clear key objectives, goals, performance measures and activities. Putting an execution environment in place is hard, but losing it is easy. More often there'd be a lot of talk and off-site conferences but no action. That's one distinction between team that execute and those that don't.
Execution is a specific set of behaviours and techniques that we need to master in order to have competitive advantage. Execution is the discipline of getting things done. A discipline requiring a comprehensive understanding of a business, its people, and its environment. Any business leader, at any unit or any level, needs to master the discipline of execution. This is the way you establish credibility as a leader.
Plan Your Execution- Execute Your Plan
Strategic planning is vital to the success of branch business development. This is high-level decision-making, and to be successful as a Branch or Unit head, you need to deeply understand your business and your industry. Here are five strategic pieces every branch head/unit head should know.
I.
This story is from the February 2023 edition of BANKING FINANCE.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM BANKING FINANCE
BANKING FINANCE
Ravi Ranjan appointed SBI managing director, to oversee risk and stressed assets
State Bank of India (SBI) has appointed Ravi Ranjan as its Managing Director with effect from December 15, 2025, according to a regulatory filing by the country's largest public sector lender.
1 min
January 2026
BANKING FINANCE
Reserve Bank News
Reserve Bank of India has appointed Usha Janakiraman as Executive Director with effect from December 1, 2025, according to an official release issued by the central bank. Her appointment comes just days ahead of the Monetary Policy Committee (MPC) meeting scheduled for December 3.
7 mins
January 2026
BANKING FINANCE
Mutual Fund News
Children's mutual funds, once a niche investment option, are increasingly becoming a mainstream tool for long-term financial planning in Indian households, especially for education-related goals.
7 mins
January 2026
BANKING FINANCE
Co-Operative Bank News
As per the Reserve Bank of India's Report on Trend and Progress of Banking in India 2024-25, State Cooperative Banks (StCBs) and District Central Cooperative Banks (DCCBs), which together constitute the short-term rural cooperative credit structure, reported steady balance sheet expansion, sustained growth in deposits and advances, and improving asset quality during 2024-25.
2 mins
January 2026
BANKING FINANCE
Legal News
Foreign firms can't claim full deduction for head of- fice expenses on Indian biz: SC
5 mins
January 2026
BANKING FINANCE
Banks unlikely to cut deposit and MCLR rates despite RBI repo rate reduction
Despite the Reserve Bank of India delivering a 25 basis points cut in the repo rate last week, banks are unlikely to reduce term deposit rates or marginal cost of funds-based lending rates (MCLR) aggressively, according to senior bankers.
1 min
January 2026
BANKING FINANCE
The Race for the Super App: Will India's BFSI Ecosystem Converge?
The concept of a Super App has its roots primarily in Asia. The term is often credited to refer to platforms that began with one core function (messaging, ride-hailing, payments) and then expanded to offer a portfolio of services accessed through the same interface. For example, WeChat in China began as a messaging app and evolved into payments, e-commerce, ride-hailing, mini-programs and more.
10 mins
January 2026
BANKING FINANCE
Government to divest up to 3% stake in Indian Overseas Bank via OFS
Shares of Indian Overseas Bank (IOB) came under selling pressure after the Government of India announced plans to divest up to 3% of its equity through an Offer for Sale (OFS).
1 min
January 2026
BANKING FINANCE
Unclaimed bank deposits in India more than double in five years
India's unclaimed bank deposits have more than doubled over the past five years, rising to Rs. 67,004 crore as on June 30, 2025, from Rs. 27,824 crore at the end of FY21, highlighting a growing challenge for the banking system.
1 min
January 2026
BANKING FINANCE
Cyber Insurance: Safeguarding Businesses in the Age of Digital Transformation
Cyber insurance, also known as cyber liability insurance or cyber risk insurance, is a specialized form of coverage designed to protect businesses from internet-based risks and more generally from risks relating to information technology infrastructure and activities.
8 mins
January 2026
Translate
Change font size
