We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

CORPORATE AND GLOBAL STRATEGY - Essay Example

Comments (0) Cite this document
Summary
Business strategy is often referred to as a process and continues along with the business. Nevertheless the strategy of a company needs to be reviewed after a certain interval of time, so that the current strategies meet the changing needs of the customers and matches the changing business environment. …
Download full paperFile format: .doc, available for editing
Polish This Essay98.7% of users find it useful
CORPORATE AND GLOBAL STRATEGY
Read TextPreview

Extract of sample
"CORPORATE AND GLOBAL STRATEGY"

Download file to see previous pages Nevertheless the strategy of a company needs to be reviewed after a certain interval of time, so that the current strategies meet the changing needs of the customers and matches the changing business environment. By practising this, the probability of a firm to get success in the market place increases to a large extent (Stonehouse and Houston, 2012, p.1). In this context of the study, HSBC has been chosen as the organization. The study revealed that the emerging markets and opening up of the world economy has allowed the company to carry out international expansion. HSBC always follows foreign direct investment strategy to operate in international markets. The external environmental analysis clearly highlighted that in most of the countries where HSBC operates have stable political environment and therefore do not have any operational constraints. In order to gain competitive advantage HSBC uses a mixture of differentiation and cost leadership strategy to operate in the market. However it is recommended that the company should also focus on employing focus strategy, which will allow them to cater to niche segment as well. Introduction HSBC Holdings Plc or commonly known as HSBC, is a UK based multinational financial and banking organization. HSBC Holdings plc was established in the year 1991 by Sir Thomas Sutherland. However the origin of HSBC bank dates back to 1865, when the branches were opened in Shanghai and Hong Kong (Stadler, 2011, p.189). It is presently headquartered at Canary Wharf, London, United Kingdom. HSBC is mainly involved in providing commercial banking services, wealth management, retail banking, investment banking services and also global private banking. It is one of the largest financial services and banking organization of the world. The products of the company include various type of loans, current and savings account, insurance, credit cards, fixed deposits, investment services and advisory services. Furthermore HSBC also has strong presence in sectors such as resources and energy, and research & analysis (Hsbcnet, n.d.). According to the list of Forbes magazine 2012, the company was the sixth largest publicly traded company and third largest bank of the world. HSBC Holdings plc was established in the year 1991 by Sir Thomas Sutherland. However the origin of HSBC bank dates back to 1865, when the branches were opened in Shanghai and Hong Kong. The company has presence in 84 countries of the world and is listed in the Bermuda, London, New York, Hong Kong and Paris stock exchanges. HSBC comprises of around 6900 offices throughout the areas of its operations (Hsbcservicedelivery, n.d.). The major competitors include Barclays bank, Royal Bank of Scotland, Citigroup and J P Morgan Chase among others. The report will primarily highlight the corporate level and business level strategies of HSBC. In the course of the study, internal as well as external analysis of the organization will be carried. In this context analysis tools such as SWOT, PESTEL, Porter’s 5 forces, and value chain will be employed. Depending on the outcome, few recommendations will be also presented. Finally the report will conclude by highlighting the important and critical issues of the study. Corporate Strategy Corporate strategy can be referred to as the guide of decision making which is responsible for determining and revealing the purpose and objective of the organization. Furthermore a corporate strategy also highlights plans and policies by which the organization will be able to achieve those goals. HSBC is considered as one of the largest publicly traded company and is trying to expand their business in those countries, where they did not started the operations. However in every aspect ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“CORPORATE AND GLOBAL STRATEGY Essay Example | Topics and Well Written Essays - 3500 words”, n.d.)
Retrieved de https://studentshare.org/business/1402067-corporate-and-global-strategy
(CORPORATE AND GLOBAL STRATEGY Essay Example | Topics and Well Written Essays - 3500 Words)
https://studentshare.org/business/1402067-corporate-and-global-strategy.
“CORPORATE AND GLOBAL STRATEGY Essay Example | Topics and Well Written Essays - 3500 Words”, n.d. https://studentshare.org/business/1402067-corporate-and-global-strategy.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Corporate and Global Strategy Virgin Group
Current paper focuses on the importance of leadership as a key element of the organizational strategy. Reference is made to a particular company: the Virgin Group. The above organization is based in London and it is characterized as an example of the potential effects of leadership on business success.
14 Pages(3500 words)Essay
Corporate and Global Strategy
Shaping is done by the organization and the leader both, it is not one-sided. A leader, who performs exceptionally in one organization, might not be able to give his best shot in another. This is because some organizations have a culture and environment that are very motivating.
12 Pages(3000 words)Essay
Corporate and global strategy
Corporate strategy of the company is analysed with the help of core competency and overall scope availability. The study used VRIN model and porter’s value chain analysis for auditing business strategy of the company. The report used tools such as PESTLE and Porter’s Five Forces in order to measure external opportunity for the company.
12 Pages(3000 words)Essay
Global Corporate Strategy
ndustry dynamics changed, these firms have changed too. The merger which took place in 2004 between two companies created a global leader in the airline industry. Though the merger was opposed by the analysts and others however over the period of time, merger has proved as one of the successful mergers in history of airline industry.
4 Pages(1000 words)Essay
Corporate and Global Strategy
Like any other industry in the current global environment, the global automobile manufacturing industry has undergone rapid transformation due to integration of economies. With the creation of economic blocs, trade unions, and free trade zones, trade barriers have been significantly reduced or even eliminated facilitating the inflow and outflow of goods, capital, and even services in different geographical boundaries.
13 Pages(3250 words)Essay
Corporate & Global Strategy
This study is initiated to investigate and analyse Tesco corporate strategy. The study first of all scans the market environment using Porters Five forces framework, Porters value chain strategy and the SWOT matrix the study analysis Tesco in order to identify those invisible taken for granted assumptions, capabilities and resources that competitors have found difficult to emulate.
8 Pages(2000 words)Case Study
Corporate and global strategy
mbly plants and 30 distribution and warehousing centres in US, the company has manufacturing, distribution or warehousing operations in approximately 55 countries. Canada is another big centre of its facilities where GM operates through 20 locations. But the company’s position
6 Pages(1500 words)Essay
Global Corporate Strategy
As far as UK is concerned, it is expected to produce electricity equivalent to one billion oil barrels by 2050. A research by Boston Consultany Group reveals that Britain would not only be able to
12 Pages(3000 words)Essay
Short Paper: Hypothesis and Conclusion
After the 9/11 attacks, the federal laws have changed, numerous interpretation to the law, privacy court interpretation, and the technology advances all that aim at
3 Pages(750 words)Essay
Global Corporate Strategy
The alliance might help the company to develop a better operating system, expand the size of the target market and develop competitive strategies through increased financial base.
2 Pages(500 words)Essay
Let us find you another Essay on topic CORPORATE AND GLOBAL STRATEGY for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us