Page 4 - Bank of America E Teaching Note
P. 4

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.
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