How do you do? Business that is]

R Eric Reidenbach and Terry C Wilson

American Bankers Association, 1995, vol. 09, issue 01

Abstract: Decisions regarding a bank's vision and mission are intertwined. Without coherent entanglement of the 2 within the infrastructure, no bank can hope to produce a sustainable competitive value advantage. Reasons why specifying a shared vision is important include: 1. It offers evidence of something worth risking effort. 2. It fosters commitment. 3. It synchronizes employee actions. 4. It sets accountability standards. Steps for crafting an infrastructure that supports vision, mission, and culture include: 1. Clarify motives. 2. Articulate the vision. 3. Define the business. 4. Modify systems and processes. 5. Assist people.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 1995
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