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Objectives
“We just had to get rid of what was dragging
us down.”
Moynihan, CEO
There are two primary objectives for this case study on the
Bank of America.
1: The first objective is to build and develop an appreciation
of the impact the external environment has, not only on the
development of strategy but also on its adaptation and
response especially when the dynamics of the environment
change and implementation – the key cause of company
failure, falters. Building on this is the appreciation of the
internal environment and how it combines with the external
environment to support the creation of a sustainable
strategy.
2: The second objective is to develop an appreciation of the
culture, ethics and trust which impacted growth and survival
as BofA handled strategic disruption and how that impacted
on its culture and ethical proposition.