Applying the Strategic Planning Methodology and it`s Relationship to Realizing Institutional Excellence: an Applied Study on the Banking Sector in Palestine

This research paper targeted to describe the relationship nature between Applying the [SP] Methodology and Realizing {IE}which is an applied study on the banking sector in Palestine. A detailed questionnaire was delivered by hand to a sample of (7) banks out of (15) composed of the banking society of Palestine. A few weeks later, the questionnaires were collected, and were fully answered, the extracted data was processed by the (Statistical Program for Social Sciences-SPSS), and a number of statistical tests were conducted, namely: validity and reliability statistical of the study tool, the correlations tests, the squares of the correlation values and the “Standard Average Method”. The results showed that there is a statistically significant relationship between: applying the [SP] methodology and realizing {IE}, between the [SP] elements and the {IE} criteria, and the commitment to applying [SP] elements enhances mechanisms to support the application of {IE} criteria. The main recommendation of this research study is the necessity to apply the [SP] methodology to realize {IE} in every economic unit.