International Business Management

Year: 2016
Volume: 10
Issue: 26
Page No. 5996 - 5999

Investigate and Prioritize Factors Affecting the Implementation of the Strategy in Mehr Egtesad Bank

Authors : Seyed Shamsodin Musavi and Seyed Yahya Seyed Danesh

Abstract: Increasing competition encouraged many pioneering organizations in order to evaluate the performance of management and competitive strategy is aimed at developing organizational performance. In this regard, the main problem is some of the organizations lack of success in developing and implementing strategies because due to the complexity of the strategic planning process and the situation specific to each organization, not a recommended best practices for this important process. This study aimed to evaluate and prioritize the factors affecting the implementation of the strategy in Mehr Eqtesad bank which is descriptive and functional research. The study population included all branch managers, senior officials and managers of Mehr Eqtesad bank which are 70 that 48 of them have been studied as a sample. Results of regression test showed that all internal and external factors have affected economic strategy implementation in October Bank and Friedman’s test results show that internal factors were prioritized in order of importance" leadership organizational culture organizational resources organizational structure and corporate communications "and prioritization of external factors in order of importance"are political factors, economic factors, cultural/social and legal factors/legal".

How to cite this article:

Seyed Shamsodin Musavi and Seyed Yahya Seyed Danesh, 2016. Investigate and Prioritize Factors Affecting the Implementation of the Strategy in Mehr Egtesad Bank. International Business Management, 10: 5996-5999.

Design and power by Medwell Web Development Team. © Medwell Publishing 2022 All Rights Reserved