The Commonwealth Bank of Australia (CBA) achieved the number four position in the 2016 Global 100 Most Sustainable Corporations index (produced by Canadian-based research firm Corporate Knights). It was the highest Australian corporation and the number one bank globally in the index.
1. A) Construct a strategy map (no hand draw!) that describes how CBA is attempting to create value for its customers and shareholders as well as environmental and social value (that is, shared value). The strategy map should list no more than 16 objectives with cause-and-effect links.
Please read these addition ppt on topic 5 and 9, before answer question1
Topic five (strategy mapping, how organization attempt to deliver value)
Topic nine (the social and environmental responsibility)
B) Referring to your strategy map ?if we do this then what happen? no hand draw), explain why you have chosen the objectives that you have and propose how you would measure achievement of the objective (that is, identify a key performance indicator for each objective) and why you have chosen this measure.
Justify why you have chooses the strategy obj (no more than 16) you have, how to measure each obj and measure performance?
this assignment, Not making or formulating new things, new strategy, but describe how CBA create it’s own strategy, help it improve their current strategy!!!!!
Annual report and sustainability report ?CBA on the website, not form a new strategy, but simply describe how they create value
2. Banks have been attracting a lot of scrutiny recently for their poor corporate conduct. Identify 1 tension that exists between CBA’s strategies to create shareholder value on the one hand, and its creation of environmental and/or social value on the other. How might CBA use strategy execution levers to address and manage this tension?