Impact of Organizational Structure on Management Innovation and Performance
VerifiedAI Summary
This study assesses the efficiency of the organizational structure of the Commonwealth Bank of Australia (CBA) concerning its innovating capability and its overall performance. CBA practices a Vertically Integrated Structure. The structure helps CBA to form a network of people who communicate faster and respond quickly to a situation with appropriate decisions. The study identifies that CBA needs to show an utmost attachment with AI-Driven Predictive Banking. This can be helpful for CBA in its intent to serve its customers with more relevant products and services.