HSBC holding company Case study
Moreover, this variable is used so that the performance of an organization may increase (Silverthorne, 2004). Culture is a process which can be updated and generated ad the people learn ways of doing things by themselves and eventually become their own instructors. When an organization culture is set on job design, the structure in it should permit and allow collaborators in the organization to share knowledge, then the workforce will be more inclined entrusted to work together. In the last decades, there had been recognized importance of culture by the researchers. In this regard, the culture has always be seen as climate creator tool of socializing in an organization. Definition of culture and organization design The organization design can be defined in multiple ways. One it can be perceived as a methodology which goes a step by step identifying the dysfunctional aspects in the workflow, the procedures involved, systems and the structures.
In the organization these aspects are realigned so as to fit the current realities in business and goals, thereafter plans are developed so as to implement the new changes. Naranjo-Valencia, Jiménez-Jiménez, & Sanz-Valle, 2011) defines organization design as the process which aligns the structure of an organization with its objectives, with the ultimatum goal in this to improve the effectiveness and efficiency. The work in the organization can be triggered by the need of service offered or the specific process of business, furthermore, it can also be triggered by a new mandate. In this regard, the effectiveness and efficiency of a company usually rest in the management response to the surrounding factors. The HSBC holding company is experiencing very hard time as a result of company growth, as the company it is set to manage the changes that are as a result of pressures from customers and their competitors in this industry.
In order to curb this challenge a preferred strategy must be used so as to curb this challenge, this can be done by coming up with a design which goes in line with the building of the framework of the company. Ideally, in order to attain the company’s projected objectives, it is very important to change management so as to shape the leadership and culture. The organization design of HSBC holding is becoming complex since the company is expanding Important choices which are concerned with organization design. HSBC holding company has always applied the organization design as changing technique since time immemorial. This method is regarded as a high performing system, that ensures that design choices in a company are fully working. The kind of solution, that HSBC holding company should understand is that there is always the need for long-term commitments and the systematic approach so as to gain successful design choices which are achieved through proper leadership.
This is due to the fact that application of organization design model doesn't matter, thus what remains known is that the design choices are always be prepared by the management which eventually affects the performance of the employee. When the employees are affecting the business will also be affected Empowering of the workers in an organization. In addition, the company uses the hierarchy of authority and division of labor which is shared among different departments in the organization. This hierarchy ensures control of power to those who are in power. Furthermore, the company span of control can be termed as narrow, or wide in regard to the number of employees, the experience they have, skills and knowledge. For years’ HSBC holding company has shown great progress in the creation of a good relationship in the strategy, the job design and human resource which has resulted in significant long-term benefits.
Lots of companies in these industries which are facing challenges are as a result of them attaching the old structures, and processing the new ones which makes them not to realize any benefit. HSBC holding is always concerned with the environment. The company supports the activities of the community. through this, it is seen that the company, the company protects the society in a truthful and open manner. The company always works in the laid down policies and laws in the nation and observes all anti-corruption regulations. The motivation practices In order for the company to promote the best strategy execution, it must focus on the need of the customers (Leadership, 2010). Through this, the employees get pay increase whenever they work extra hard and do well in their line of production.
In addition, there are also adjustments that are made to their policies which are aimed to benefit their employees. With this, it is ensured that the schedule of the company is flexible so as fit the needs of all their employees. Moreover, the management in the company also comes with policies which aid the employees to be able to present their ideas which can make the company excel in its service. The company also offers training to its employees as to be able to cope up with emerging trends in the business. C. Jiménez-Jiménez, D. Sanz-Valle, R. Innovation or imitation? The role of organizational culture. Management Decision, 49(1), 55–72.
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