PART II. CASE ANALYSIS: Read the instant case carefully, and then answer the questions fully. (20 pts)

Assume you are working as a general manager of XYZ bank that has 500 branches scattered in every corner in the globe. After studying the current performance, you and your strategic team members have decided to achieve significant jump in banks performance. You did agree to revisit every strategic component in your bank, as they represent the real ideology behind banks performance.

The current unsatisfactory competitive position is as follows:

- XYZ ranked number 300 in world bank list

- XYZ annual revenue is $750 Billion

- XYZ annual profit is $150 Billion

- XYZ market share is 7% of the banking market world wide

The targeted strategic position is as follows:

- To be number 10 in world banks list

- To achieve $2 Trillion as annual revenue

- To achieve $400 Billion as annual profit

- To achieve 20% as a market share.

You asked for a meeting with all your regional executives across all markets. In that meeting you discussed the mechanism for achieving the new performance jump. All the executives agreed and approved the new success strategic recipe. Each and every executive has taken two copies of the strategic plans i.e. one for the master and comprehensive strategic plan and the second each one portion in that strategic plan

Design the new company vision and mission, and objectives (specify the used criteria before starting) (10 Marks).