ASSESSEMENT OF STRATEGIC PLANNING AND MANGEMENT PRACTICE IN BERHAN BANK S.C

Abstract

The study researched the bank strategic planning and management practice in Berhan Banks as the focus. Data were collected through the use of Questionnaire and interview. The population was restricted to management of bank. The respondents fully completed the sample unit of 30 questionnaires and interviews of Department of strategic planning and performance from the sample frame and a non-probability technique called Purposive or Judgmental Sampling was used. The Questionnaires were distributed to management level employees of the bank and result that The reliability of the tool applied was tested and obtained a Cronbach alpha value of 0.833.From the findings, it was learnt that the result obtained for institutionalization, situational diagnosis, Formulation, implimentation and evaluation of the strategic planning of Berhan Bank to the past 2015/16 to 20219/20 was assessed which was below the mean score. Therefore, the study concluded that Berhan bank should focus more on the strategy situational Diagnosis, institutionalization, Evaluation, implementation and Formulation in descending order. With detail clarities are given The study finally recommended the need for strategic planning in terms of reviewing the strategic planning and updating parts of it in its components to the better performance of the bank to stay competitive. And also, with regard to computer based individual and group performance measurement system.