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Analyzing HSBC Bank's Business Strategy and Internal Environment

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Added on  2023-06-17

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This report analyzes the business strategy and internal environment of HSBC Bank, including its mission, vision, objectives, and macro environment. It also evaluates the organization's strategic capabilities using the resources-based view strategy and McKinsey's 7S model.

Analyzing HSBC Bank's Business Strategy and Internal Environment

   Added on 2023-06-17

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Analyzing HSBC Bank's Business Strategy and Internal Environment_1
Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Task 1...............................................................................................................................................1
P1. Apply different better frameworks to analyze the influence of the macro environment in
company strategy....................................................................................................................1
Task 2...............................................................................................................................................4
P2. Evaluate the capabilities and internal environment of the specific organization using
appropriate framework...........................................................................................................4
P3 Applying Porter’s Five Forces model evaluate the competitive forces of a given market
sector for an organisation.......................................................................................................8
Task 4...............................................................................................................................................9
P4. Illustrate to applying different range of theories and concept which devise to implies
strategic planning for given organisation...............................................................................9
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13
Analyzing HSBC Bank's Business Strategy and Internal Environment_2
Analyzing HSBC Bank's Business Strategy and Internal Environment_3
INTRODUCTION
Business strategy defines overall process, procedure, and certain pattern or tactics that
adapt and implement in context for enhancing the better scope of market and better competitive
advantage. It is defined as a master plan implemented by an individual so that a high competitive
position can be achieved within the marketplace (Hahn and Tampe., 2021). Moreover to this, this
is quite helpful for a company with better coordinate within active market situation. Furthermore,
there are several systematic and essential elements associated with better strategies for the
organization. Apart from it, there also are several strategies of the organisation which are related
to ensuring sustainability of the company as well. In this report, the organization selected HSBC
bank, a British multinational investment bank and financial services within holding company. It
is the second-largest bank in Europe. In this report, there are certain analytical frameworks to
acknowledge the macro environment is discussed.
MAIN BODY.
Task 1
Discussing the mission, vison and objective of HSBC along with its macro enviroment.
Mission, Vision, and Objectives of HSBC Bank
Mission: This statement of HSBC bank is stats that "bringing together people, ideas and
capital with nature progress and growth to helping create a better world. They have a focus to
clear out to connect with customer opportunities.
Vision: Their vision is to better leading international banking service of HSBC in Turkey
and other international regions.
Objectives: In the case of HSBC business, the company's objective is to provide better
banking service at the international level (Papagiannis and et. al, 2021). This will help in
becoming renowned with global brand which completes with rivals by efficient means.
Macro Environment:
It define about an organisation is related to the external factors that influence where
working or decision making of a company. Furthermore, these elements play an important role in
strategies that firms consider either task is willing to take. Hence, there are certain prominent
external environment factors, which are applied and analysed using Pestle Analysis:
1
Analyzing HSBC Bank's Business Strategy and Internal Environment_4

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