Wednesday, June 12, 2019

Culture and Organisation Essay Example | Topics and Well Written Essays - 3000 words

Culture and Organisation - Essay ExampleThe company is involved in a range of services, including consumer deponeing, credit cards, investment banking, mortgage loans, corporate banking, riches management and snobbish banking. The bank refers both Hong Kong and United Kingdom as its ancestral markets.The company has more than 7500 offices across 85 counties. The branches and subsidiaries are spread across Asia, Africa, North America, Europe and South America (HSBC, 2014d). The company operates across four business categories commercial banking global banking and markets wealth management and retail banking and overseas private banking.HSBCs internal environment is based on values such as, integrity, diversity, cultural inclusion as well as global expansion for offshoot and development (HSBC, 2014a). Employee empowerment is a major(ip) strategy followed by HSBC for overall development of the organisation. The bank believes that empowered employees will help in meeting expectation s of customers, society, investors and regulators. The bank has also given major stress on its culture and rich tradition. The culture of HSBC is unique mixture of traditional values as well as contemporary management practices, making it a distinctive organisation (Trompenaars, 1993).Significant differences lies among different cultures in terms of behaviour, communication and body language (Adler, 1997). One of the major distinctions between high and low context cultures was proposed by Edward T. Hall, a well-known anthropologist from America. High context culture is be as the one where communication is extremely implicit and coded in physical context or early(a) communication channels, apart from verbal. A low context culture can be defined as a type of communication where major part of the information is present in explicit code and little is transmitted through other mediums such as, gestures or body language (Chaney, 2005).The current focus of the report is to understand th e organisational practice followed

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