hsbc
UNIVERSITY OF BEDFORDSHIRE
LEADING PEOPLE IN ORGANIZATIONS
SHR601-6
Assessor: Dr PAULINE LOEWENBERGER
HSBC CASE STUDY
Executive Summary
Financial Institutions are known to be highly imperative of continuation of globalization throughout the world. Hence each and every economy has to focus on establishment and proper functioning of both local and globalised financial institutions. HSBC is one of world recognized organization which has great influence on world economy.
HSBC can be identified as world largest banking and financial service corporation which was established in 1991 as a parent company for Hong Kong and Shanghai Banking Corporation. Company occupies 267000 employees.
As HSBC is an organization dealing with risky conditions related to financial management, human talent would be most important asset of an organization. To conquer full commitment from employees, HSBC uses different human resource management policies and practice. Conversely organization need to be conscious of cultural diversity of people as it has circulated branch network among numbers of countries with different cultural backgrounds. Hence HRM practices of organization supposed to be differed from region to region.
Table of Contents
Table of Contents 3
Introduction 4
Analysis of HSBC’s HRM policies and practices in East Asia 4
Recruitment and Selection 4
Training and Development 6
Conclusion 10
Recommendations 10
About HSBC (2011)(Online), Available from http://www.hsbc.com/about-hsbc [Accessed on 29/03/2013] 13
Introduction
Increasing globalization has created more awareness of the need for managers to be sensitive to the cultural aspects in human resource management. Proper human resource management brings an understanding regarding the values and beliefs of employees from different cultural backgrounds. This report is comprised with evaluation and analysis of key performance
LEADING PEOPLE IN ORGANIZATIONS
SHR601-6
Assessor: Dr PAULINE LOEWENBERGER
HSBC CASE STUDY
Executive Summary
Financial Institutions are known to be highly imperative of continuation of globalization throughout the world. Hence each and every economy has to focus on establishment and proper functioning of both local and globalised financial institutions. HSBC is one of world recognized organization which has great influence on world economy.
HSBC can be identified as world largest banking and financial service corporation which was established in 1991 as a parent company for Hong Kong and Shanghai Banking Corporation. Company occupies 267000 employees.
As HSBC is an organization dealing with risky conditions related to financial management, human talent would be most important asset of an organization. To conquer full commitment from employees, HSBC uses different human resource management policies and practice. Conversely organization need to be conscious of cultural diversity of people as it has circulated branch network among numbers of countries with different cultural backgrounds. Hence HRM practices of organization supposed to be differed from region to region.
Table of Contents
Table of Contents 3
Introduction 4
Analysis of HSBC’s HRM policies and practices in East Asia 4
Recruitment and Selection 4
Training and Development 6
Conclusion 10
Recommendations 10
About HSBC (2011)(Online), Available from http://www.hsbc.com/about-hsbc [Accessed on 29/03/2013] 13
Introduction
Increasing globalization has created more awareness of the need for managers to be sensitive to the cultural aspects in human resource management. Proper human resource management brings an understanding regarding the values and beliefs of employees from different cultural backgrounds. This report is comprised with evaluation and analysis of key performance
References: HSBC bank 'to offshore more jobs ' (2005), (Online), Available from http://news.bbc.co.uk/2/hi/business/4353423.stm/[Accessed on 29/03/2013] About HSBC (2011)(Online), Available from http://www.hsbc.com/about-hsbc [Accessed on 29/03/2013]