Corporate governance for westpac Assignment Example | Topics and Well Written Essays - 1000 words

Corporate constitution for westpac - Assignment ExampleIn addition, it has profound implications at all the levels of an organization (Hill and Jones 27). Significantly, the document reveals that numerous scholars entreat that strategic planning provides a mere and perhaps less relevant understanding of strategic decision making, thus, the increasing adaptive strategy. In response, this document provides a comprehensive critique to the existing literature against the wisdom of emerging trends as well as the pressures in the contemporary business world. Therefore, it has referred numerous sustainability competencies that suggest the rent of capable consideration of holistic and systemic pressures predicting future scenarios and considering how numerous stakeholders would perceive normative business practices. The sources learn revealed that the Westpac group ranks among the top listed financial companies on the Australian Securities Exchange (ASE) in September 2010 Westpacs foo d market capitalization realized E.5 billion (AUD). Additionally, it has five key diverse customers significantly, it serves approximately, 12.8 million customers ranging from institutional, business and retail banking, wealth management, and insurance. For instance, there is the Westpac Institutional Bank (WIB), Westpac Retail and Business Banking (WRBB), and BT Financial Group (BTFG). The sources have further identify that sustainability plays a central position in Westpacs vision. The vision states that the Westpac has become one of the largest firms in assisting consumers, communities and well-off people. Significantly, the company recognizes the links between healthy societies and sustainable businesses. Accordingly, Westpac has managed its direct as well as validatory environmental impacts. It has put appropriate strategies of dealing with the critical issue, such as climate change. Significantly, the company has acknowledge that climatic change influences profoundly on eco nomic, social, and environmental aspects in their operating regions. Consequently, the Westpac has considered such issues before embarking on their investments, lending, and operational decisions. Additionally, the company has