Research and Analysis Paper - Part II

Research and analysis
paper – Part II
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Table of Contents
Summary..........................................................................................................................................3
SWOT -Strategies............................................................................................................................4
Environmental Constraints..............................................................................................................4
Stakeholders.....................................................................................................................................6
Organisational Structure and Design...............................................................................................7
Motivating employees.....................................................................................................................8
Controls and Recommendations......................................................................................................8
REFERENCES................................................................................................................................9
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Summary
Royal Bank of Canada is one the Canadian organisation that deals in financial sector and
considered as the largest bank as well (Herskovits, 2018). Currently it operates over 40 countries
where near about 80k employees are working to provide financial services to near about 16
million customers. This bank provides a range of financial services that includes corporate
banking, credit and debit cards facilities, insurance and wealth management, so on that helps in
generating high revenue in terms of billions each year (Waddell and Worley, et. al., 2019). To
make the competitive position in banking sector, the mission of this bank is to become
customers’ first preference by offering them financial facilities with easy terms and policies.
Along with this, providing high profitability to stakeholders considers as main purpose of
respective bank. Furthermore, the core values of RBC can be categorised into five main aspects
that are - Excellence in client services to clients; Working in collaboration to succeed in financial
market; Increase diversity for growth and innovation; Develop trust among stakeholders via
integration of all operations; and last one is Personal responsibility to achieve high performance.
So, these core values of this bank reflects that it contributes better efforts in developing growth
of economy (Davoodalhosseini and Rivadeneyra, 2018).
Similarly, main vision of RBC bank is to earn the right choice of its customers that clearly
states it want to gain market leader position within finance industry (Ruza, de la Cuesta-
González and Paredes-Gazquez, 2019). For this purpose, a discussion is made under the present
report about how core strengths and weaknesses of RBC Bank helps in formulating strategies to
accomplish the main mission and vision statements. Along with this, an analysis on
organisational environment is done to analyse which factor impacts more on core business
activities of respective bank. Furthermore, organisational structure and design, procedure used
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