(Placeholder1)
(n.d.).
(Placeholder1)INTRODUCTION TO MANAGEMENT
Unit Code: MGT100
Lecturer: Ross Spence
Assessment #1
Individual Report (Westpac vs Cochlear)
Prepared by Basit Ali
(11502078)
Executive Summary:
*Subject Matter
In this report the two companies that will be discussed are Westpac and Cochlear. Westpac is an Australian banking group meanwhile; the Cochlear is an Australian hearing implant company. The purpose of this report is to analyze these two companies. They will be further grouped into two categories that are their similarities …show more content…
Cochlear’s undertaking is to help individuals hear and be heard. Also assisting people to include and interconnect with people and live a healthy and complete life. Cochlear aid people apprehend and treat audible range loss. Our organization produces ideas and distributes a broad range of audible range solutions that offers a hearing conclusion for life.
2. Core Values of an Organization:
The core beliefs are the values that guide through performance and actions. Essential values can benefit people distinguish between correct and wrong. They also assists regulate companies whether they stay fulfilling their business goals and are on the right path, they can create an unchanging and unwavering guide.
2.1 Westpac Core Values
It is vital for an organization that their vision is clear and that whole workforce believes and lies behind it. So when Westpac evolved our mission we did it with the entire workforce accepting an inspiring the change, which clearly shows that we breath and live up to these words.
To help us make our vision a reality we are piloted by five core values and that are:
• One team
• Courage
• Delighting Customers
• Integrity
• …show more content…
5. SMART Test:
5.1 Westpac
Specific: Westpac literally needs improvement in online banking sector and mobile banking.
Measurable: Westpac is improving by installing new device and technology for better online banking
Assignable: Westpac has signed a contract with McAfee.
Realistic: The expected results to be achieved are better online banking options with more secured faster and better banking options within no time.
Time-Related: The time frame to complete this project is about 1-3.5 months’ time.
5.2 Cochlear
Specific: Cochlear needs to make their products more durable as their products are always having complained after some
(n.d.).
(Placeholder1)INTRODUCTION TO MANAGEMENT
Unit Code: MGT100
Lecturer: Ross Spence
Assessment #1
Individual Report (Westpac vs Cochlear)
Prepared by Basit Ali
(11502078)
Executive Summary:
*Subject Matter
In this report the two companies that will be discussed are Westpac and Cochlear. Westpac is an Australian banking group meanwhile; the Cochlear is an Australian hearing implant company. The purpose of this report is to analyze these two companies. They will be further grouped into two categories that are their similarities …show more content…
Cochlear’s undertaking is to help individuals hear and be heard. Also assisting people to include and interconnect with people and live a healthy and complete life. Cochlear aid people apprehend and treat audible range loss. Our organization produces ideas and distributes a broad range of audible range solutions that offers a hearing conclusion for life.
2. Core Values of an Organization:
The core beliefs are the values that guide through performance and actions. Essential values can benefit people distinguish between correct and wrong. They also assists regulate companies whether they stay fulfilling their business goals and are on the right path, they can create an unchanging and unwavering guide.
2.1 Westpac Core Values
It is vital for an organization that their vision is clear and that whole workforce believes and lies behind it. So when Westpac evolved our mission we did it with the entire workforce accepting an inspiring the change, which clearly shows that we breath and live up to these words.
To help us make our vision a reality we are piloted by five core values and that are:
• One team
• Courage
• Delighting Customers
• Integrity
• …show more content…
5. SMART Test:
5.1 Westpac
Specific: Westpac literally needs improvement in online banking sector and mobile banking.
Measurable: Westpac is improving by installing new device and technology for better online banking
Assignable: Westpac has signed a contract with McAfee.
Realistic: The expected results to be achieved are better online banking options with more secured faster and better banking options within no time.
Time-Related: The time frame to complete this project is about 1-3.5 months’ time.
5.2 Cochlear
Specific: Cochlear needs to make their products more durable as their products are always having complained after some