MNG3701 ASSIGNMENT 1
SEMESTER 1
2025
Strategic Planning IIIA (MNG3701) Case Study:
Standard Bank of South Africa
, Table of Contents
Introduction ............................................................................................................ 3
1. Sustainable Development Goals (SDGs) That Standard Bank is Trying to Achieve ...... 3
SDG 1: No Poverty ................................................................................................ 3
SDG 4: Quality Education ...................................................................................... 4
SDG 8: Decent Work and Economic Growth ........................................................... 4
SDG 9: Industry, Innovation, and Infrastructure ....................................................... 4
SDG 13: Climate Action ........................................................................................ 5
2. Evaluation of Standard Bank’s Targets Using the SMART Principle ............................ 5
Specific ............................................................................................................... 5
Measurable .......................................................................................................... 6
Achievable ........................................................................................................... 6
Relevant .............................................................................................................. 6
Time-bound ......................................................................................................... 7
3. Analysis of Standard Bank’s Mission and Vision Statements .................................... 7
3.1. Evaluation of the Mission Statement ................................................................ 7
3.2. Vision Statement Formulation ......................................................................... 8
3.3. Evaluation of the Vision Statement .................................................................. 8
4. Balanced Scorecard and Its Application at Standard Bank ....................................... 9
4.1. The Balanced Scorecard in Strategic Planning .................................................. 9
4.2. Goals Aligned with the Balanced Scorecard ..................................................... 9
Conclusion ............................................................................................................ 10
References ............................................................................................................ 10
SEMESTER 1
2025
Strategic Planning IIIA (MNG3701) Case Study:
Standard Bank of South Africa
, Table of Contents
Introduction ............................................................................................................ 3
1. Sustainable Development Goals (SDGs) That Standard Bank is Trying to Achieve ...... 3
SDG 1: No Poverty ................................................................................................ 3
SDG 4: Quality Education ...................................................................................... 4
SDG 8: Decent Work and Economic Growth ........................................................... 4
SDG 9: Industry, Innovation, and Infrastructure ....................................................... 4
SDG 13: Climate Action ........................................................................................ 5
2. Evaluation of Standard Bank’s Targets Using the SMART Principle ............................ 5
Specific ............................................................................................................... 5
Measurable .......................................................................................................... 6
Achievable ........................................................................................................... 6
Relevant .............................................................................................................. 6
Time-bound ......................................................................................................... 7
3. Analysis of Standard Bank’s Mission and Vision Statements .................................... 7
3.1. Evaluation of the Mission Statement ................................................................ 7
3.2. Vision Statement Formulation ......................................................................... 8
3.3. Evaluation of the Vision Statement .................................................................. 8
4. Balanced Scorecard and Its Application at Standard Bank ....................................... 9
4.1. The Balanced Scorecard in Strategic Planning .................................................. 9
4.2. Goals Aligned with the Balanced Scorecard ..................................................... 9
Conclusion ............................................................................................................ 10
References ............................................................................................................ 10
