To What Extent Does Hsbc Manage Its Merger Banks Overseas Successfully?
To what extent does HSBC manage its merger banks overseas successfully?
Abstract
This paper looks at international management which plays a critical factor in international enterprises in the business field. The aim of this study is to show a case of an international group, HSBC, and to what extent it runs its merger banks overseas successfully while other global bank groups are struggling in the recession. This paper uses secondary research only. The findings show that HSBC manages its merger banks overseas with various actions which lead it to be one of the biggest bank groups in the world. It can therefore be seen that HSBC employs successful strategies and remains in a positive growth even in a recession. This is important because it shows a good case among business models.
1. Introduction
Some companies are established in a localized environment in order to satisfy local markets, whereas some companies are created in a globalized environment in order to satisfy global markets (Menorca, Fernandez-Ortiz and Emerterio, 2012). For these companies who are created in a globalized environment, they manage using a variety of internationalization strategies and modes of growth. For decades, international operations have become increasingly important in most global companies. Good management overseas lead to provide good products and services. Good management also contribute to cost control. One of the most significant current discussions in international enterprises is how to efficiently manage their worldwide branches in order to provide their best services for customers. Their factories need critical considerations about production and delivery their best products for customers as well.
International management is a complex subject. There are different cultures, people and languages involved. Much research defines a variety of international management modes. However, is there any golden mode for international management? HSBC is one of the biggest global
Abstract
This paper looks at international management which plays a critical factor in international enterprises in the business field. The aim of this study is to show a case of an international group, HSBC, and to what extent it runs its merger banks overseas successfully while other global bank groups are struggling in the recession. This paper uses secondary research only. The findings show that HSBC manages its merger banks overseas with various actions which lead it to be one of the biggest bank groups in the world. It can therefore be seen that HSBC employs successful strategies and remains in a positive growth even in a recession. This is important because it shows a good case among business models.
1. Introduction
Some companies are established in a localized environment in order to satisfy local markets, whereas some companies are created in a globalized environment in order to satisfy global markets (Menorca, Fernandez-Ortiz and Emerterio, 2012). For these companies who are created in a globalized environment, they manage using a variety of internationalization strategies and modes of growth. For decades, international operations have become increasingly important in most global companies. Good management overseas lead to provide good products and services. Good management also contribute to cost control. One of the most significant current discussions in international enterprises is how to efficiently manage their worldwide branches in order to provide their best services for customers. Their factories need critical considerations about production and delivery their best products for customers as well.
International management is a complex subject. There are different cultures, people and languages involved. Much research defines a variety of international management modes. However, is there any golden mode for international management? HSBC is one of the biggest global