Essay on Management

Business exists to serve the needs and wants of people. Therefore people, or rather customers are significant for every business enterprise. HSBC have paid many attentions on this, the advertising statement ‘the world’s local bank’ has been being announced since 2002.

Evaluate RBC strategy and organizational structure. Is RBC well equipped to compete with niche operators such as internet-only banks with focused product offerings?

For the corporation that has acquired another company, merged with another company, or been acquired by another company, evaluate the strategy that led to the merger or acquisition to determine whether or not this merger or acquisition was a wise choice. Justify your opinion.

In conclusion, it is quite clear that the only way these two companies would be successful in a merger, would be through common goals. Apparently, the main goal of the two corporations was employee happiness and a sense of peace. The leaders of the corporations were the ones responsible for the sharp and considerate decisions to create the positive outcome.

These bank mergers can generate a great number of advantages. First, the economy of scale is one advantage of the merger. The advantage of the economy of scale is the cost savings associated

With the smallest footprint of their three biggest competitors, the bank chose to differentiate their services based on mobile banking channels. These channels were more cost effective for both the bank and the customer which fit well with the bank’s philosophy of being the cheapest bank in South Africa and offered the opportunity for more margin absorption if they could change the customer’s behaviour towards these channels. By consequence, the choice to differentiate on mobile channels required competencies that relate to technology. Both of these choices required innovation; to make switching less cumbersome, exploitation of existing processes and technology was required, and to enhance their value proposition they required radical innovation. Over time, FNB’s strategic agility led to the deliberate incentivisation of customers to use mobile channels and the subsequent development of the “customer ecosystem” strategy.

Technology has become a cornerstone of today’s society so this will also be a huge benefit to the merged companies. Shared technologies from check-in, to baggage tracking, to mobile flight tracking are just a few of the areas that could see improvement by consolidating the resources of both companies. Research and development along with analytics on the companies efficiencies, advancements, and proficiencies within the industry should also increase. Ideas and talent can collaborate on innovations that may at one time seem

After gaining enough capital to do so, Santander pursued a Merger and Acquisition strategy to largely increase its retail banking scope and scale internationally. It could also be argued that, with the help of their M&A strategy, the company was able to gain competitive advantage by differentiating their IT services. As we will discuss later, Santander acquired a special banking system that would allow the companies to reduce human resources, increase efficiency ratios, and smoothly merge with other businesses due to the integration of the technology.

Issues investigated in this report will be discussed neutrally and objectively. However, there are still numbers of limitations in this report due to many factors. First of all is the biasness of the information collected from the interview of employees in the company. These information may not be neutral and trustworthy; or even misleading. Also, lacking of time is another limitation of this report. Since this consulting report is conducted within a limited time, the consultant cannot address all issues but major points preventing the merger goes smoothly. In addition, financial issues, which can also be a factor

Although the parent company HSBC holdings was established in 1990,when “The HongKong and Shanghai Banking Corporation” Purchased Midland Bank of UK, and its headquarter moved to London from HongKong as a condition in the takeover deal in 1993.

As one of the world’s leading banks, with 135,000 employees in more than 50 countries, Barclays plays a significant role, from working with governments on major infrastructure projects to bringing banking to customers in emerging markets. Barclays is made up of two major businesses: Global Retail and Commercial Banking (GRCB) and Investment Banking and Investment Management (IBIM). There strategy is to achieve growth through time by diversifying their profit base making their growth relevant to their customers at all times. This case study will seek to examine the bid and intended acquisition of ABN AMRO, and the early acquisition

Through an international network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services: personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.

While it is certainly a well-known banking company in the world, HSBC was late to accomplish a clear marketing strategy and making a unified brand. Because he has a number of different branches in the different countries, which created them with different names. Although HSBC made a unified brand in 1998, but the history of bank’s name changes may have reduced brand awareness. For example, a simple online search for the World Bank in different countries fails to shown in the first two pages. Customers may have felt that HSBC was in charge of the local bank and did not realize that HSBC had already served for decades.

The results and outcome after the financial crisis over the Banking sector in the UAE & GCC Countries.

To facilitate the process of achieving this goal, JKB has strategic partnered in different capacity with various organizations. A good example is the selling of its 4.8 million shares, an approximate 4.8% of its market capitalization, to Odyssey Reinsurance Company, a strategic foreign investor. The investor possesses financial capabilities and competence needed to push the bank forward. Similarly, its partnership with Microsoft Jordan was also another strategic move worth noting. The partnership guarantees the bank continuance support and consultation on key technologies that are effective in supporting the bank’s activities. Adopting, integrating and aligning technology with the business strategy of an organization has been regarded as an essential source of organization’s competitive advantage. The role of technology in IT has particularly been emphasized (JKB 2011; Zawya 2011; Betz 2001).