Strategic Change Management Belal Saad
This paper discusses the structure of the Royal Bank of Canada and proposes improvements to ensure a smooth decision-making procedure and enhanced relationships with stakeholders.
Strategic Management of Change (MAN7SMC)
Added on 2023-04-26
About This Document
In this document we will discuss about Strategic Change Management and below are the summary points of this document:-
-
The structure of the Royal Bank of Canada and suggests improvements that could be made to ensure sustainable growth and development.
-
The current structure is hierarchical, with the CEO at the top and executives reporting to them. To make improvements, the company should delegate responsibility for sustainability efforts to a specific line within the organization.
-
The company's value proposition and customer relationships are identified as key components contributing to sustainability efforts, and their activities involve managing investments, financial services, banking, risk management, and wealth management.
-
Decision-making procedures should change to ensure long-term sustainability, and contributing to sustainability efforts can benefit external stakeholders and create goodwill.
-
Improved corporate governance can lead to increased awareness and potential customers, resulting in long-term profitability.
Strategic Change Management Belal Saad
This paper discusses the structure of the Royal Bank of Canada and proposes improvements to ensure a smooth decision-making procedure and enhanced relationships with stakeholders.
Strategic Management of Change (MAN7SMC)
Added on 2023-04-26
End of preview
Want to access all the pages? Upload your documents or become a member.