Standard Chartered Bank and human resource management

Type :

Term papers

Pages :

24 pages

Format :

.doc

Published date :

04/14/2009

Category :

Business & market

Sub category :

Human resources

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Summary :

Introduction
History of the Standard Chartered group
1. Vision
Business and strategy of Standard Chartered group
SWOT analysis
Strategy formulation and implementation process
What the company stands for
Policies of the bank
Code of conduct for employees
Awards and achievements
HR systems in the bank
Strategic human resource management
HR model followed by the bank
Conclusion

Abstract

standard chartered bank is a British bank headquartered in London with operations in more than seventy countries. It operates a network of over 1,700 branches and outlets (including subsidiaries, associates and joint ventures) and employs 73,000 people.

Despite its British base, it has few customers in the United Kingdom and 90% of its profits come from Asia, Africa, and the Middle East. Because the bank's history is entwined with the development of the British Empire its operations lie predominantly in former British colonies, though over the past two decades it has expanded into countries that have historically had little British influence. It aims to provide a safe regulatory bridge between these developing economies.

It now focuses on consumer, corporate, and institutional banking, and on the provision of treasury services-areas in which the Group had particular strength and expertise.
standard chartered is listed on the London Stock Exchange and the Hong Kong Stock Exchange and is a constituent of the FTSE 100 Index. Its largest shareholder is Temasek Holdings.

The standard chartered Group was formed in 1969 through a merger of two banks: The standard bank of British South Africa founded in 1863 and the chartered bank of India, Australia and China, founded in 1853.Both companies were keen to capitalize on the huge expansion of trade and to earn the handsome profits to be made from financing the movement of goods from Europe to the East and to Africa.