About the Project
Diamantbank is a universal national Bank. It has been in the financial market of Ukraine for more than 20 years.
Project duration: 12 months
PROJECT TASK:
To develop a promising long-term Strategic Idea of the Bank and to adjust the business model to it.
STRATEGIC APPROACH:
The following stages were foreseen:
- Research and analysis of trends in the financial services cluster (period: 2007–2017)
- Creation of the Bank’s development vision
- Mission development
- Identification of the corporate values
- Formation of the product portfolio and the assortment matrix
- Development of strategic initiatives for 2007-2009
- Modeling of business processes at the strategic level and the organizational structure for a new Strategic Idea
- A plan of priority initiatives for the implementation of the Strategic Idea for 2007-2008 has been drawn up.
- Target indicators for the Bank for 2007-2008 have been defined.
PROJECT RESULTS:
- Promising for the cluster, the Strategic idea of the Bank has been developed
- Business processes and organizational structure have been modeled with a view of a new Strategic Idea
- The management team has changed its format
BUSINESS EFFECT:
- Years: 2007-2008
- Solution: Business Development
- Client: Diamantbank, PJSC