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Wells Fargo Strategic Plan

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Wells Fargo Strategic Plan
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EXECUTIVE SUMMARY……………………………………………………………………………………………………..……………… 4
COMPANY BACKGROUND………………………………………………………………………………………………..……………… 4 CORE PRODUCTS AND SERVICES…………………………………………………………………………….……………. 6 Banking……………………………………………………………………………………………………….…….…….6 Mortgage…………………………………………………………………………………………………….………....7 Credit Cards……………………………………………………………………………………………….….……..….8 Insurance …………………………………………………………………………………………………….………….8 Investments…………………………………………………………………………………………………….…….…9
VISION STATEMENT…………………………………………………………………………………………………………………………10 MISSION STATEMENT…………………………………………………………………………………………………….……10 VISION STATEMENT………………………………………………………………………………………………….…………10
VALUE STATEMENT………………………………………………………………………………………………………………..……….10
PEOPLE…………………………………………………………….………………………………………………………..……….11
ETHICS………………………………………………………….….…………………………………………………………………11
CUSTOMER…………………………………………..………………………………………………………………………….…13
DIVERSITY…………………………………………………………………………………………………………………………..14
LEADERSHIP........................................................................................................................…...15
ENVIORNMENTAL ANALYSIS................................................................................................................17 GENERAL ENVIORNMENT……………………………………………………………………………………………………17 Demographic Trends………………………………………………………………………………………………17 Economic Trends…………………………………………………..……………………………………………….18 Political Trends………………………………………………………………………………………………………18 Social Trends………………………………………………………………………………………………………….20 Technological Trends……………………………………………………………………………………………..22 Global Trends…………………………………………………..…….………………………………………………22 Physical Trends…………………………………………………………..…….……………………………………23 INDUSTRY ENVIORNMENT………………………………………………………..…………………………………………23 Entry Barriers………………………………………………………………………………………………………...23 Supplier Power………………………………………………………………………..………………………….…24 Buyer



References: Astrup, K.. (2010). Spotlight on THE STRATEGIC PLAN. International Journal of Government Auditing, 37(4), 20-23.  Retrieved March 20, 2011, from ABI/INFORM Complete. (Document ID: 2184292441). Crain, M.. (2010). A Competitive Analysis of Business Valuation Services. Journal of Accountancy, 210(5), 36-40.  Retrieved March 20, 2011, from ABI/INFORM Complete. (Document ID: 2185836801). Kovacevich, R. (n.d.). About Us . Retrieved Jan 18th, 2010, from Wells Fargo Bank: http://www.chamberorganizer.com/glendalechamber/mem_72962855 Lepsinger, R.. (2010) Rind, C. (2011, Jan 17). Wells Fargo SWOT Analysis. Retrieved March 20, 2011, from Free SWOT: http://www.freeswotanalysis.com/swot-analysis-of-banking-sector/162-wells-fargo-swot-analysis.html Thomson, J.. (2010). Staying on Track in a Turnaround. Strategic Finance, 92(6), 43- 50.  Retrieved March 20, 2011, from ABI/INFORM Complete. (Document ID: 2211204081). Wells Fargo accepts center for women 's business research award. (2005). Women in Management Review, 20(7/8), 533-534.  Retrieved March 20, 2011, from ABI/INFORM Complete. (Document ID: 968130211). Wells Fargo and First Direct lead the way in the banking sector :Finding success by focusing on retail. (2007). Strategic Direction, 23(6), 29.  Retrieved March 20, 2011, from ABI/INFORM Complete. (Document ID: 1363372891). Wells Fargo. (2009) Corporate Social Responsibility Report 2009. Retrieved March 20, 2011, from Wells Fargo: https://www.wellsfargo.com/downloads/pdf/about/csr/reports/wf2009corporate_citizenship.pdf Wells Fargo Wells Fargo. (1998, Nov 2). News Release. Retrieved Jan 18th, 2011, from Wells Fargo: https://www.wellsfargo.com/press/merger19981102 Wells Fargo Wells Fargo. (n.d.). Our Values: What we stand for. Retrieved Jan 18th, 2010, from Wells Fargo: https://www.wellsfargo.com/invest_relations/vision_values/6 Wells Fargo

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