Report of Westpac Bank Australia, use the following instructions for the a future strategic plan report: -introduction
Question:
Report of Westpac Bank Australia, use the following instructions for the a future strategic plan report:
-introduction
External audit :
-Analysis of Porter's Five Forces Model of the industry
- Identify three primary key success factors (KFSs) for the industry. Include competitor & PESTEL analysis
Internal audit: RBV analysis - Identify the key core competencies and capabilities
-Identify two key strategic issues that the company must address for the future
-Strategic plan - Include a Model of SMP
Recommendation :
-develop a strategic plan that will address the two key strategic issues identified in section. Set specific financial and strategic objectives consistent with the chosen strategy.
-Action plan
- Briefly provide an action plan for implementation of the recommended course of action over an 18-month period.
-Evaluation & Control
-Conclusion
-References