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Saturday, April 27, 2019

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

last and Organisation - Essay ExampleThe company is involved in a range of services, including consumer banking, credit cards, investing banking, mortgage loans, corporate banking, wealth commission and private 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, europium and South America (HSBC, 2014d). The company operates across four business categories commercial banking global banking and markets wealth attention 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 growth and development (HSBC, 2014a). Employee authorization is a major strategy followed by HSBC for overall development of the organisation. The bank believes that empowered employees will cooperate in meeting expectations of customers, society, investors and regulators. The bank has also given major stress on its elaboration and productive 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 physical structure 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 defined as the one where communication is highly implicit and coded in physical context or other communication channels, apart from verbal. A low context culture can be defined as a type of communication where major part of the education 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 repor t is to understand the organisational practice followed

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