Business Resources Management Case Study Example | Topics and Well Written Essays - 1500 words

Business Resources Management - Case Study Example Analysis of the business it operates in HSBC has grown from a mere local banking facility to a leading world banker. It has been able to establish most of its braches in most places in the United Kingdom and other Asian countries. It is the first and the largest financial institutions in the whole of United Kingdom. It has also been ranked the second world largest banking and financial service institution. This has been based on the fact that the business has been able to roll out a well established network in the whole world which provides a variety of services to its clients. It offer financial services including mortgages, insurance facilities, saving accounts, credit cards, loans, investment and others, consumer finance including credit cards, consumer loans, motor vehicle financing, commercial banking which is mainly meant to serve small and medium size enterprises, corporate investment including markets and private banking, and other services which are provided in all its branches. This means that it has been able to satisfy the financial demands of its customers by offering a variety of services. (King, 1991) The banking sector is one of the most competitive sectors in the world. There are many providers of the services and the survival of any financial institution depends on the competitive advantage that an institution is able to create over its competitors. There are some key elements that determine how a financial institution is able to create a competitive advantage in the market. This is based on the level of confidence that customers can have on the financial institution regarding how the business operates. The financial strength is of crucial importance as it determines how the... This essay looks at HSBC Company and evaluate the Human resource management in the company. The organization opened its door to customer in 1865 trading under the name Hong Kong and Shanghai Banking Corporation Limited. Since its inception, the company has been able to grow and expand in all part of the world. It has been able to establish a sophisticated network of agencies and branches not only in Asia but also in the other European countries. Therefore the bank is not just a leading banking facility in Asia but it can be ranked as a world leader in banking. HSBC has grown from a mere local banking facility to a leading world banker. It has been able to establish most of its braches in most places in the United Kingdom and other Asian countries. For a company with a worldwide operation like HSBC, there can be no better option than taking a close-knit approach in the management of its workforce. The researcher states that there must be an effective way of dealing with the demands of such large workforce and therefore effective HRM policies become an indispensable tool. The company has been able to apply good human resource management in order to enhance competence of its workforce. However, the researcher concluds that there’s still much that the company has to do in order to integrate all the workers especially to deal with the problem of discrimination in the work place. This will be in line with its policy of recognizing that every individual makes an impact in the company.