As pointed out in the title and subtitle of the section “How do we do business? We explain how we have learned from past mistakes and how our culture helps us execute our strategy”, the organisation briefly explains through the narrative how the strategy is intertwined with culture both in conceptual and practical terms (pp….
Archives
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Organizational overview and external environment
Intercontinental Hotel Group’s (IHG) industry overview section provides information about the global hotel industry both now and in the future. The discussion opens with an overview of the markets in which the business operates. IHG details the different business models at play in the hotel industry and explains IHG’s approach as a branded hotel. Page…
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Organizational overview and external environment
SSE uses a Q&A with the Chief Executive and Finance Director to answer questions regarding SSE and the energy industry. The discussion provides insight from management on key political and regulatory developments – including the Scottish referendum to become an independent state – and how these factors might impact the company. Topics covered also include…
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Organizational overview and external environment
National Australia Bank's (NAB) 2014 Annual Review concisely demonstrates the Group's focus on and understanding of the external environment through the lens of various challenges and opportunities affecting the bank. Arising from macro-economic and market trends, these risks and opportunities directly impact NAB's performance and drive its strategy. The disclosure introduces five issues and briefly…
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Organizational overview and external environment
Itau Unibanco's 2014 Integrated Report includes an overview of the company's three step materiality determination process – identification, prioritization and validation. Using this process, Itau Unibanco was able to narrow down its list of 76 priority topics raised by its internal and external stakeholders to the 23 most important issues facing the company. The overview…
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Organizational overview and external environment
Aegon's 2014 Annual Review provides insight into the operating environment in which the company conducts business and creates value through the presentation of five industry trends currently facing the company and the financial services industry. The importance of each of these trends to Aegon is demonstrated through the use of a materiality matrix (p. 15). …
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Organizational overview and external environment
Aggreko's ‘Our Markets’ section provides a comprehensive overview of the key external forces influencing the company's performance and driving its future strategic direction. Opening with a short description of the type of periodic and infrequent events that create demand for Aggreko's products and services, this section progresses to discuss the market size, customers, competitors, market…
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Organizational overview and external environment
On pages 4-5, RSA presents an overview of its role in society, providing an overarching context of the insurance business and the benefits of the company’s activities for key stakeholders. This discussion also demonstrates RSA’s commitment to environmental sustainability and the communities in which it operates (in addition to financial performance), as evidenced through a…
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Organizational overview and external environment
Anglo American presents an informative overview of their role in today’s world. The report outlines how the company’s products fit into modern society and provides an insight into the company’s purpose and the consequential use of the products. This spread helps to illustrate how the company creates wider value above and beyond their products. The…
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Organizational overview and external environment
The Crown Estate’s 2014 Annual Report provides an overview of the organisation’s market and the external factors which impact it. Here The Crown Estate describes the external issues that have the most significant influence on its investment strategy. For instance, the report discusses the broader trends in the short and medium term in the market,…