The paper "National Australia Bank Business Environment " is a perfect example of a business case study. The purpose of this report is to inform the CEO of the National Australia Bank of the existing business environment of this bank in Australia and other countries. This report will be of importance to the CEO in making the necessary managerial decisions. The report has given detailed background information about the bank including the composition of its management team and when it was founded. Despite the fact that this bank was founded in Australia, it has over the years established operations in other countries such as United Kingdom, United States, and New Zealand.
To be of relevance to the CEO, this report has strived to establish the various threats, risks, and successes associated with the National Australia Bank in New Zealand, based on the existing business environment. In conclusion, this report has issued some recommendations that can be utilized by the bank’ s CEO as a way of enhancing performance. 1.0 Introduction The National Australia Bank (NAB) is a financial services organization that has more than 40,000 employees operating in more than 1,800 branches.
The bank also has more than 460,000 shareholders (Enock and Green, 2007). It was founded in 1893 by Alexander Gibb and was referred to as the National Bank Limited. In 1991, the bank merged with the Commercial Banking Company of Sydney Limited to become the National Bank of Australia. The bank operates major financial services franchises in Australia, United Kingdom, United States, Asia, and New Zealand. The objective of this bank is to deliver sustainable and satisfactory returns to shareholders (Tumbarello, 2009). It is also repositioning itself as an Australian personal bank capitalizing on a strong balance sheet.
At the international level, the bank continues to develop businesses in New Zealand, the United Kingdom, Asia, and the United States with the main focus of increasing shareholder value.
List of References
Brooks, R., 2009. New Zealand Bank Vulnerabilities in International Perspective: Issues 2009- 2224. California: Time Books.
Enock, C., & Green, J., 2007. Banking soundness and monetary policy: issues and experiences in global economy. New York: Routledge.
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Meyer, R., 2010. Strategy Synthesis: Resolving Strategy Paradoxes to Create Competitive Advantage. Melbourne: International Monetary Fund.
Murray, D., 2007. New Zealand: Financial System Stability Assessment. London: Cambridge.
OECD, 2009. OECD Economic Surveys: New Zealand 2009. New York: Routledge.
Palffy, G., 2008. Working and Living in New Zealand. Boston: Macmillan.
Tumbarello, P., 2009. Australian Bank and Corporate Sector Vulnerabilities: An International Perspective. Sydney: International Monetary Fund.