Methodology of Forming Strategic Alternatives in Management of Economic Security of Commercial Bank
Journal Title: Бізнес Інформ - Year 2015, Vol 2, Issue 0
Abstract
The basic strategies of economic security of commercial bank in an unsteady economic environment are considered. The bank's level of economic security at the present stage of development of the national economy has been analyzed. A method of forming strategic alternatives in management of economic security of commercial bank has been proposed, based on the three-component model of the situations cube, taking in consideration the following components: state of the level of reliability of commercial bank, state of the level of development of the competitive environment and economic security of the bank system amid threats of external and internal environment. The proposed approach allows to comprehensively map the elements that define the level of economic security of commercial bank and performs two main tasks: firstly, positioning the state of economic security of commercial bank based on a three-tier assessment determined by structural elements; secondly, identifying possible and prospective transitions in those quadrants of the situations cube that allow achieving the objectives of strategic management of economic security of commercial bank.
Authors and Affiliations
Mykhailo Bril
Keywords
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