Analyzing Business Strategy of HSBC Bank using Various Frameworks

BUSINESS
STRATEGY

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Apply different frameworks to analyse the influence of macro environment on a company
and their business strategies........................................................................................................3
TASK 2............................................................................................................................................6
P2 Evaluate the capabilities and internal environment of a company by using appropriate
frameworks..................................................................................................................................6
TASK 3............................................................................................................................................9
P3 Implement porter's five forces to evaluate competitive forces of a market sector for a firm.
.....................................................................................................................................................9
TASK 4..........................................................................................................................................10
P4 Apply different models, theories and concepts to interpret strategic planning for a
company....................................................................................................................................10
M4 : Strategic management plan that includes strategic priorities and objective.....................11
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14

INTRODUCTION
Business strategy is the set of various tactics & decisions that are being framed in
attaining the specific business goals and objectives. This is basically defined as the plan that is
being implemented by the group of people in so that they can sustain in the competitive
market(Lehmann, 2016). For this respective report, HSBC is the chosen business organisation, it
is the British multinational universal bank & it is the financial service holding company. The
company is established in 1865 by Sir Thomas Sutherland and they are headquartered is in
London, England, UK. They are operating its business across the globe. This report will analyse
the various models in order to understand the impact of macro factors on business organisation
and their organisation strategies. Moreover, it will analyse the capabilities & micro environment
by using correct models. This also use the porter's five forces model for analysing the
competitive forces for the company. Lastly, they use the various models, theories and concept to
explain the strategic planning and make the strategic plan for the further development of the
company.
TASK 1
P1 Apply various models to analyse the impact of macro environment on a business and &
business strategies
Vision: The vision statement of the HSBC bank is to bring together the people, ideas and
capital that nature progress & growth, assisting to create a better world for individual, customer
& investors.
Mission: To continue enhancing the customer experience by streamlining the procedure,
enhancing digitalization & further tailoring considerations to the needs of the customers.
Objective: The main objective of bank are listed & prioritized in the Law, in order to
keep price stability, to help other objectives of the government's economic policy for the
employment and reducing the social gaps.
Strategy is the set of plans and actions which are being taken by the manager of the
company in order to have the appropriate attainment of the goals in an right manner. This is the
basic direction that has used by the business by that the higher results can be achieved in
future(Scholes, 2015). With the effective formulation of the business strategy, a company is able
to choose what they have to operate by which they can sustain in the competitive environment.

Achievement of higher sales and revenue through various business strategy will ehlp the HSBC
bank to get their desired result. Moreover, they are using various strategies which all the related
to the company to follow appropiate strategic directions. Due to this, they will able to attain huge
success at the local and global level.
Various model to acknowledge macro environment
Stakeholder analysis
It is the framework of evaluating the people who get influenced by the overall working of
an organisation before initiation any sort of project. This analysis also helps the HSBC bank in
grouping stakeholders as per their interest, level of participation & its influence in the project.
Following are the steps which are given below:
Step 1: It is vital to determine the various stakeholders and make the potential
stakeholders which can be potential for them. In consideration to HSBC bank, sales department,
customer help desk, public, government etc.
Step 2: After enlisting the potential stakeholders, senior in an organisation will choose
them as per the different categories such as interest, level of participation & so on.
 High power, high interest: These are the stakeholders who is the most vital for HSBC &
prioritizing them will help the business to perform their functions in an appropriate
manner(Ghezzi, 2013).
 High power, low interest: These are the stakeholders who impact the overall working of
an organisation but they do not have such interest in assignments or activities of HSBC.
 Low power, high interest: These are the stakeholders who need to be informed about
the company by which the project of HSBC do not create a critical issue for them.
 Low power, low interest: These are the type of stakeholders who are not so much
interest in the operations of the business and they are not having much power to take
decisions.
Step 3: In this step, manager of HSBC will pass the information with such stakeholders
as per their priority so that they can help from various stakeholders and can have to achieve the
project without any problem.
PESTLE analysis