Organizational Strategy : Wells Fargo Essay

1019 WordsOct 27, 20165 Pages
Wells Fargo was founded on March 18, 1852. The organization name is synonymous with the image of a six-horse stagecoach loaded with gold crossing the American West. Its mission statement embodies the organization’s ideals and standards. Its commitment to providing a valued service promising accountability and transparency community. This paper is a snapshot assessment of its organizational strategy, marketing, management, finance, operations and technology and examines the strengths, weaknesses, opportunities and possible threats within each of these categories. MISSION Focused on building lifelong relationships that satisfy the customers ' financial needs, Community Banking is one great team that "out-locals the nationals, out-nationals the locals" striving to earn our customers ' business and deliver a world-class, seamless Omni-channel experience every day with high performance accountability and balanced results. (Wells Fargo Intranet 2016) ORGANIZATIONAL STRATEGY Organizational strategy is the hierarchical technique of outflow of the association 's needs to develop, evolve and meet its target goals. Setting up a purposeful blueprint for a business includes- Evaluating and contrasting its present state with its focused state to characterize the distinctions Followed by communicating the requirements to all involved The organizational strategy of Well’s Fargo defines the reflection of the organization’s evolution. As the prior statements discussed the
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