MNG3701
Assignment 1 Semester 1 2025
Unique Number:
Due Date:13 March 2025
INTRODUCTION
Standard Bank of South Africa (SBSA), one of Africa's leading financial institutions, plays a
pivotal role in driving economic growth, fostering sustainability, and addressing societal
challenges across the continent. With its commitment to inclusive financial solutions, SBSA
aims to create long-term value for its stakeholders while contributing to the global
Sustainable Development Goals (SDGs). This essay explores SBSA’s efforts in achieving
key SDGs, evaluating its short- and medium-term goals using the SMART framework, and
assessing the effectiveness of its mission and vision statements. Additionally, the essay
will analyze how SBSA's strategic planning aligns with the Balanced Scorecard approach,
providing a comprehensive overview of its strategic direction. By integrating these
theoretical principles with real-world examples from SBSA’s 2023 Integrated Report, the
essay aims to offer insights into the bank’s role in shaping the socio-economic landscape
of Africa and its broader impact on sustainable development.
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