MNG3701 Assignment 1 (COMPLETE ANSWERS) Semester 1 2025 - DUE 13 March 2025

MNG3701 Assignment 1 (COMPLETE
ANSWERS) Semester 1 2025 - DUE
13 March 2025

Written by
Mindstwo




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, TABLE OF CONTENTS
INTRODUCTION ............................................................................................................... 3

1. SUSTAINABLE DEVELOPMENT GOALS (SDGS) ADDRESSED BY STANDARD BANK 3

1.1. Financial Inclusion (SDG 1 and SDG 8)................................................................... 4

1.2. Enterprise Growth and Job Creation (SDG 8) .......................................................... 4

1.3. Infrastructure Development and Just Energy Transition (SDG 7 and SDG 9)........... 4

1.4. Climate Change Mitigation and Resilience (SDG 13) ............................................... 5

1.5. Affordable Housing (SDG 11) .................................................................................. 5

2. EVALUATION OF STANDARD BANK'S TARGETS USING THE SMART PRINCIPLE .. 5

3. MISSION AND VISION STATEMENTS ......................................................................... 8

3.a Evaluation of the Mission Statement......................................................................... 8

3.b Formulating a Vision Statement................................................................................ 9

3.c Evaluation of the Vision Statement ........................................................................... 9

4. BALANCED SCORECARD APPROACH ..................................................................... 10

4.a. The Balanced Scorecard in Strategic Planning ...................................................... 10

4.b. Application of the Balanced Scorecard to Standard Bank’s Strategic Direction ........ 11

CONCLUSION ................................................................................................................ 13

REFERENCES ................................................................................................................ 13




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