Session 6. Building the Expansion Team

Strategic Expansion Through MBOs:  Building the Expansion Team

Geographic Expansion:

Pro:

  • Expand market reach
  • Diversify geographic risk
  • Enhance brand recognition
  • Tap new clients from the same market segment
  • Increase resources (loans, deposits)

Cons:

  • Capital intensive
  • Burn-out of assigned employees
  • Complex management control systems
  • Heavy investment in IT infrastructure
  • Lax internal controls

Key executive should focus on putting together interdisciplinary team for market research, construction, IT, HR, and branch operations opening.

 

Module Content:
Methodology
Microsoft Office PowerPoint 2003 or higher version
presentation
Microsoft Office Word 2003 or higher version
tools
Microsoft Office Excel 2003 or higher version
tools
Microsoft Office Word 2003 or higher version
tools

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