Ask a question from expert

Ask now

Geo-political environment in which HSBC operates

6 Pages1272 Words249 Views
   

Added on  2019-09-21

About This Document

Read about the geo-political environment in which HSBC operates and the strategies taken by the leadership to deal with the changes in the organization due to the current situation.

Geo-political environment in which HSBC operates

   Added on 2019-09-21

BookmarkShareRelated Documents
STRATEGIC LEADERSHIPCAPSTONECase studyNameSubmitted toDate
Geo-political environment in which HSBC operates_1
1.Geo-political environment in which HSBC operatesHSBC Holdings plc is a multinational banking and financial services company based in Britain. The company has its headquarters in London, United Kingdom. The bank has been estimated as the world’s fourth largest bank on the basis of the total assets. The company was first incorporated in 1866 and sees United Kingdom and Hong Kong as itshome markets. United Kingdom has is located in the Western part of the Europe and includes the northern one-sixth of the Ireland island present between the North Sea and North Atlantic Ocean. With a population of 64 million, it does not have any constitutionally defined official language. Primarily, English is considered as the main language. Other native languages to the Isles are Irish, Welsh, Gaelic, and Scots etc. Being an island nation, the country has a natural defensive barriers which is not present in the other European countries and all the decision makers are aware of the fact that these channels can be crossed by invading armies. Therefore Britain has to minimize the potential security threats that emanate from other sides and should try to prevent the hegemon rise. Britain has adopted a dual strategy of maintaining a bilateral relationship with the United States and also remains one of the strongest part of European continent(The United Kingdom’s Perspective | Geopolitical Futures, 2016). However, the Brexit has impacted the geopolitical factors of UK and has led to destabilization of the geopolitical relations in Europe. Without anchoring of Britain in Europe, the relationship between Germany and France will deteriorate and at the same time relationship between Europe and United States will be thrown in a total flux ("BREXIT - A GEOPOLITICAL PERSPECTIVE: The nail in the coffin for "Great" Britain?", 2016).
Geo-political environment in which HSBC operates_2
2. Analysis of leadership in the companyThe organization is managed by its Chief Executive. The company and its leadership has been structured into various board committees consisting of a number of directors and non-director members. This hierarchy is seen to continue with the directors having responsibility of the internal controlling operations of the bank. These directors have the responsibility of analyzing the efficiency of various areas present within in the bank. The leaders of the bank proceed with ethical manner of controlling and stabilizing the beliefs and values of the bank. All the employees are considered in the tasks of decision-making and are brainstormed with better ideas of increasing the productivity of the company. This along with bringing efficiency in the results marks high personality of the employees of the bank. The organization has moved to all over United Kingdom operating a full service bank which is known for its effective and efficient quality and leadership management. The leadership management is seen to have driving the values and beliefs of the company in a brilliant manner (The art of leadership | HSBC Private Bank, 2015).All the employees are encouraged to influences, inspire and communicate with people and has promoted the idea of exchange of knowledge throughout the company in form of feedback and constructive criticism. The skills and attributes of every single employee is discovered so as to make them better leaders and to enhance the environment of the company in the market place. The employees are empowered to have self-initiative so as to foster a productive and effective working environment. The board of directors, management team and employees of HSBC have developed an effective strategy for allowing the company to grow at a sustainable rate.
Geo-political environment in which HSBC operates_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Impact of Brexit on the Market Place and Businesses
|15
|946
|438

Impact of Brexit on UK Economy: Challenges and Opportunities
|8
|2032
|301

Legal Aspects of International Trade and Enterprise
|10
|2733
|59

Impact of Cross-Border Banking on EU-UK Free Trade Agreement (1990-2018)
|9
|3229
|227

Growth in World GDP and Global Trade
|9
|2210
|62

Understanding the Business Environment
|14
|4489
|469