Corporate Strategy - HSBC Essay Example | Topics and Well Written Essays - 3000 words

Corporate Strategy - HSBC - Essay Example The economic activities have accelerated in the current century, the economic opportunities have been explored, and wealth proportion has expanded instead of getting more concentrated. The HSBC therefore adopted a policy of variance, aimed at adaptability towards economic progression. The economic expansion and rapid circulation of wealth intensified the activities of the banking sector, and for the procurement of its share, the HSBC broadened the horizon of its banking facilities. The requirements and the expectations of the consumers revolutionized, and for this purpose the banking sector was compelled to adopt and introduce set of revised and modified scheme which primarily focused on lending services, the deposition activities although gained a massive momentum, but the contribution in this regard was mainly from the wealthy people, the lending services were sought by the industries, corporate world and the major portion of society. Initially the banking institute was reluctant to adopt the concept of accountability and transparency, but once the population of the consumers rose, and the banking institute developed linkages with different clients, the bank was forced to ensure that accountability and transparency is practiced in all its form. The economic expansion did not only broaden the horizon for the HSBC, rather the other banking institutes also strengthen and received an equal opportunity for procurement of contracts and opportunities. The HSBC ther efore had to intensify the implementation of its plan in the wake of economic expansion, and rising competition. The HSBC developed an strategy, previously when the economic activities were sluggish, the bank focused on the areas where the community sought financial assistance and safeguard for the deposition of their money and other valuables, lately when the technological revolution improved the qualitative and the quantitative standards of living, the bank adopted an entirely different strategy to overcome the needs of the customers, not by offering to them what they require, but by offering to the customers all which they should inherit in this period of technological development, so that the improved quality standards can be availed by the customers. The bank focused from routine operation to an arena of innovation, where the need was never felt but generated to apprise the customers about the qualitative enhancement of life, through different financial schemes. Financial scheme has been another area where the banking institute adopted subjective approach, and tried to offer variety of financial awards and offers to facilitate the customers in return for nominal interest rate. The institute explored the areas, and converged in those where the public interest was dominant. Previously the banking institute expressed their reluctance towards plans of investment for the incorporation of financial modalities and services, aimed at fostering ties with the customers. With the passage of time, the HSBC adopted and

The crime control methods Research Paper Example | Topics and Well Written Essays - 3000 words

The crime control methods - Research Paper Example According to the research findings since police initiated computerized crime analysis, identification of crime trends in the cities is significantly easy. Police use accuracy of computers to focus patrol resources on times and places that crime do take place. As Lawrence portrays in his work, if there is more patrol on at â€Å"hot spots† and â€Å"hot times† of criminal commotions, there would be less occurrence of crime at those places. When police have an idea of where certain criminals hood and engage in illegal drug, it would be more effective than just wandering about looking for criminals. This introduces the emergence of hot spots policing traced from improvement of computerized mapping and database technologies that deals with criminals who illegally possess guns and those involved in illegal drug business as Weisburd and Braga found. Directed patrol reduces gun crime. Indianapolis Police Department (IPD) tried out this method and results were welcoming. They a pplied directed patrol method in two police districts, which had occurrences of violent crime. These crimes included illegal possession of guns and drugs trafficking amongst many others as indicated in report done by Edmund, Steven and Alexander. Deferred sentencing refers to a sentence postponed for a certain period as a guilty drug offender undergoes probation. Shouse Law Group observes that nonviolent drug offenders benefit a lot from treatment and education as compared to jail and criminal record. This method is effective in rehabilitating the offenders. While on probation, the drug offenders undergo regular treatment and this makes them show health improvement. Instead of subjecting drug offenders to harsh treatment in jail, deferred sentencing is an alternative that proves to be more effective. Chemical Castration for Sex offenders as a Crime Control Method There are many sex offenders that exist all over the world. They include among other rapists, pedophiles and exhibitionis ts. Other offenders are individuals that molest children. Such people commit a shameful sex offence and surprisingly, the number of these individuals is enormously large. Their crime inflict fear into the general public and a real threat to them those who live in the neighborhood. Chemical castration is all about administering Depo-Provera that reduces the level of the hormone testosterone. As a result, recidivism rate falls. It is an alternative punishment to pedophiles rather than taking them to prison where they might sneak out and go scot free. Considering sex crimes that men impose on women and children, chemical castration is an ideal form of punishment even though some may complain it is a cruel mode of punishment. Student Behavior Modification Program as a Crime Control Method It is a clear fact that students involve themselves in criminal offenses of different categories. The crimes they commit portray an appalling picture of them to the general public. They become a proble m to police and a threat to vulnerable individuals who cannot tolerate any kinds of mischievous behavior. However, existence of schools where these students study is an