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International Business Management

ISSN: Online
ISSN: Print 1993-5250
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Investigate and Prioritize Factors Affecting the Implementation of the Strategy in Mehr Egtesad Bank

Seyed Yahya Seyed Danesh and Seyed Shamsodin Musavi
Page: 5996-5999 | Received 21 Sep 2022, Published online: 21 Sep 2022

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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 Yahya Seyed Danesh and Seyed Shamsodin Musavi. Investigate and Prioritize Factors Affecting the Implementation of the Strategy in Mehr Egtesad Bank.
DOI: https://doi.org/10.36478/ibm.2016.5996.5999
URL: https://www.makhillpublications.co/view-article/1993-5250/ibm.2016.5996.5999