[advanced management] icici bank - introduction to management and organisation
TRANSCRIPT
Emma DIETERLENCharles GUERIN
Woojin KIMClass 13 IT
Year 2014-2015
AdvancedManagement
ProfessorIgnasi CAPDEVILA
ICICI Bank
ICICI Bank
1The largest private bank in India with total assets of $99 billion in 2014
2Originally promoted in 1994 by ICICI Limited, as an Indian financial institution
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Offers a wide range of banking products
and financial services to corporate and retail customers
4CEO is a woman, Chandra Kochar
Active in communication
Very good listener
A huge number of employees
Global economic crisis in 2008
AdvancedManagementICICI Bank
Leadership
Chanda Kochhar, CEO
Qualities
Challenges
Global Management
ICICI Bank tends to take increasingly geocentric attitude.
As a global company, it is implanted in 19 countries and has hundreds of agencies across the world.
The company uses actively joint venture or strategic alliance.ex) strategic alliance with Ecobank
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ICICI Bank
Global Management
The main strengths
Its talent pool, technology enable - distribution
point 1
Complete suite structure and extensive customer relationship
point 2
Large capital base, strong brand franchise
point 3
Architecture and universal banking presence
point 4
Hofstede five dimensions
Contact Us1
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Main Address
Company E-mail Address
Prone Number
Fax Number
ESG MS
06 31 05 03 80
(123) 456 78 21 21
AdvancedManagement
Advanced Management - Professor Ignasi CAPDEVILA
ICICI BankStrategicManagementBy Woojin KIM, Charles GUERIN, Emma DIETERLENClass 13 / Year 2014-2015
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Advanced Management - Professor Ignasi CAPDEVILA
Customers don’t buy what you do,they buy why you do it.
Young Bum KIM
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Advanced Management - Professor Ignasi CAPDEVILA
Mission
Be the banker of first choice for its customers by delivering high quality, world class products and services.
Expand the frontiers of its business globally and contribute positively the various countries and markets in which it operates.
Maintain high standard of governance and ethics.
Create value for its stakeholders.
TO LEVERAGE ITS PEOPLE, TECHNOLOGY, SPPED AND FINANCIAL CAPITAL TO:
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Advanced Management - Professor Ignasi CAPDEVILA
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“To be the leadingprovider of financialservices in India anda global player”PERFECTION IN POWERICICI Bank’ Moto
Vision
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Advanced Management Professor Ignasi CAPDEVILA
2nd largest bank in India
Strong and transparent balance sheet
First bank to introduce mobile banking solutions
Agressive and innovative marketing strategies
CEO’s insightful leadership
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One of the largest banks in the world and the leadership
Advanced Management Professor Ignasi CAPDEVILA
Problems by setting the bar high
Higher service charges
The ICICI bank service charges are comparatively higher. The company primarily targets upper middle class and upper class of the society.
Too strict policies
The bank has the most stringent policies in terms of recovering the debts and loads, and credit payments. They employ third party agency to handle recovery management.
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Advanced Management Professor Ignasi CAPDEVILA
Promising banking sector and emerging technology
Market growth at 17% in the next 3 years
Use of technology to penetrate rural
markets1,500 new branches worldwide
Expension to middle and lower income groups
Increasing popularity of
financial products in rural areas
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Advanced Management Professor Ignasi CAPDEVILA
Globalization and financial deregulations
Growing comepetition from international competitors
RBI allowed foreign banks to invest up to 74% in indian banking.
Huge size could mean inflexibilityICICI bank has often shown its inability to adapt to changing conditions due to large size.
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Advanced Management Professor Ignasi CAPEDVILA
STREGHTSNulla vitae elit libero, a pharetra augue. Sed posuere consectetur est at lobortis. Aenean lacinia bibendum nulla sed consectetur. Integer posuere erat a ante venenatis.
OPPORTUNITIESNulla vitae elit libero, a pharetra augue. Sed posuere consectetur est at lobortis. Aenean lacinia bibendum nulla sed consectetur. Integer posuere erat a ante venenatis.
WEAKNESSESNulla vitae elit libero, a pharetra augue. Sed posuere consectetur est at lobortis. Aenean lacinia bibendum nulla sed consectetur. Integer posuere erat a ante venenatis.
THREATSNulla vitae elit libero, a pharetra augue. Sed posuere consectetur est at lobortis. Aenean lacinia bibendum nulla sed consectetur. Integer posuere erat a ante venenatis.
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Advanced Management Professor Ignasi CAPDEVILA
ORGANIZATIONAL& FONCIONAL STRUCTURE
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ICICI BANK ADOPTS ONE OF THE MOST COMMON ORGANIZATIONAL STRUCTURES. THE FINANCIAL MARKET CHANGES RAPIDLY AND COMPANIES HAVE TO REACT QUICKLY.
Advanced Management Professor Ignasi CAPDEVILA
PORTER’S 5 FORCES MODEL
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Competition
Buyers
Potential Entrants
Substitues
Suppliers
Competitionpretty high
New entrantspretty low
Substituesvery high