Abstract
This paper is a preliminary effort to develop principles and methods that will allow international banks to deal with uncertainty regarding major shocks. When a bank fails, or suffers enormous losses, it is often because it paid insufficient prior attention to a hazard that it might have avoided or mitigated. We believe the strategic planning function should include responsibility for anticipating and developing defensive strategies against such hazards. In this paper we consider how this can be done.
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© 1986 Paolo Savona and George Sutija
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Guttentag, J.M., Herring, R.J., Klein, D.K.R., Price, L.D.D., Masera, R.S. (1986). Strategic Planning by International Banks to Cope with Uncertainty. In: Savona, P., Sutija, G. (eds) Strategic Planning in International Banking. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-07117-3_2
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DOI: https://doi.org/10.1007/978-1-349-07117-3_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-07119-7
Online ISBN: 978-1-349-07117-3
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