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1 strategies and tactics for Microfinance

What is Microfinance strategy?

Every great achievement starts with a well-thought-out plan. It can be the launch of a new product, expanding into new markets, or just trying to increase efficiency. You'll need a delicate combination of strategies and tactics to ensure that the journey is smooth and effective.

Finding the right Microfinance strategy can seem daunting, particularly when you're focused on your daily workload. For this reason, we've compiled a selection of examples to fuel your inspiration.

Copy these examples into your preferred app, or you can also use Tability to keep yourself accountable.

How to write your own Microfinance strategy with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own strategies.

Microfinance strategy examples

You will find in the next section many different Microfinance tactics. We've included action items in our templates to make it as actionable as possible.

Strategies and tactics for filling Recruitment Gaps in Microfinance

  • ⛳️ Strategy 1: Leverage Online Job Portals

    • Identify and list the most popular job portals for finance professionals
    • Create compelling job descriptions highlighting benefits and growth opportunities
    • Post job openings on selected job portals
    • Set up automated email responses to acknowledge applications
    • Regularly update job listings to keep them relevant
    • Use premium services on job portals to increase visibility
    • Monitor and analyse the performance of job postings
    • Schedule initial interviews with shortlisted candidates
    • Collect feedback from candidates to improve the recruitment process
    • Repeat the process for different role types and locations

  • ⛳️ Strategy 2: Utilise Employee Referrals

    • Develop a referral programme with attractive incentives for current employees
    • Communicate the referral programme guidelines and rewards clearly to all employees
    • Create an easy-to-use referral submission process
    • Regularly remind employees about the referral programme through internal communications
    • Highlight successful referral stories to motivate employees
    • Offer training sessions on how to identify potential candidates in their network
    • Acknowledge every referral submission to keep employees engaged
    • Monitor the performance and effectiveness of the referral programme
    • Adjust incentives based on performance data and feedback
    • Collect feedback from employees about the programme to make necessary improvements

  • ⛳️ Strategy 3: Partner with Educational Institutions

    • Identify universities and colleges with strong finance programs
    • Establish partnerships with these educational institutions
    • Participate in career fairs and on-campus recruitment events
    • Develop internship programs to attract students early in their careers
    • Offer guest lectures and workshops to build brand presence
    • Create a graduate recruitment programme with structured career paths
    • Leverage alumni networks to seek potential candidates
    • Host informational sessions to introduce the microfinance industry
    • Collect and analyse feedback from campus events to improve recruitment strategies
    • Maintain relationships with career services offices for ongoing recruitment opportunities
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Implement these strategies

How to track your Microfinance strategies and tactics

Having a plan is one thing, sticking to it is another.

Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to keep your strategy agile – otherwise this is nothing more than a reporting exercise.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

More strategies recently published

We have more templates to help you draft your team goals and OKRs.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

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