Managing people- Structure and Culture Essay Example | Topics and Well Written Essays - 2000 words

Managing people- Structure and Culture - Essay Example The secret of their success is that they try to do every work with efficiency. In order to perform efficiently researchers have identified many theories and models, which organizations have adopted freely. These have focused on the theories and models of organization structure and culture. Both of these are very important for an organizations success. In order to study in detail the structure and culture of an organization I have selected one of the largest banks in UK which is HSBC. This paper not only focuses on discussing the structure of bank but also identifies it impact on the workforce and the possible changes in future (Mullins Laurie J, 2007, p.550) In today’s global environment HSBC bank is the biggest financial service provider. It is one of the largest banks in UK, having its headquarters in London. It has 10,000 offices in 82 states some of which are in Middle East, Asia –Pacific Regions, Africa, Europe, United Kingdom etc. it have a wide network. HSBC Holdings Plc has 200,000 shareholders in hundred nations, such as in Hong Kong, UK, Paris, New York etc. Due to the facilities of internet and other technological systems HSBC provides many financial services to the customers, which includes personal financial services, investment banking, commercial banking, and other products and services. HSBC mainly considers principles and values in the organization. It provides financial services to small and medium sized enterprises. It has more than three million customers on the list which includes public companies, incorporated businesses, associations, clubs, partnership and sole proprietorship. HSBC organizational structure model is similar to the model defined in the theories of organizational behavior as shown in figure 1. A normal model of structural framework is used in a chart. It emphasizes on the fact that organizational structure provides