Building an International Financial Services Firm: How Successful Firms Design and Execute Cross-Border StrategiesA new era of global banking and insurance is emerging, with leading banks eager to serve international markets. This book explores the issues that arise for banks in their strategic choices as they move into these new international markets. Building an International Financial Services Firm challenges conventional assumptions from the international management literature on topics such as the limits of globalization, the importance of cultural and institutional distance, the nature of economies of scale and scope, the existence of first mover advantages, the logic behind the global value chain configuration, the speed and timing of market entry, as well as organizational architecture. It focuses on fundamental strategic decisions such as when, where, and how to enter foreign markets and how to design the organizational architecture of the multinational financial services firm. Using simple theoretical frameworks illustrated by case examples, this book provides a thorough guide to the challenges of the international market for financial services firms, both for those working in the financial services industry, and researchers studying the area. |
Contents
1 | |
Part I Multinationality and Competitiveness | 21 |
Part II Strategic DecisionMaking | 71 |
Part III Strategy Execution | 223 |
Notes | 317 |
329 | |
349 | |
Other editions - View all
Building an International Financial Services Firm: How Successful Firms ... Markus Venzin Limited preview - 2009 |
Building an International Financial Services Firm: How Successful Firms ... Markus Venzin Limited preview - 2009 |
Building an International Financial Services Firm: How Successful Firms ... Markus Venzin No preview available - 2009 |
Common terms and phrases
able achieve acquisitions activities addition advantage Allianz allow analysis approach areas assets become billion branches brand capital cent central China clients communication competitive competitors corporate costs countries create cross-border culture customers decisions difficult direct distribution division early economies effects efficiency emerging employees enter entry Erste Bank example executives existing expansion experience Figure financial services firms foreign geographical global Group grow growth HBOS headquarters higher identify important increase industry initiatives innovation institutions integration interest internationalization investment issues Italy knowledge lead learning market share mode multinational offer operations organization organizational performance planning position possible potential profitability reduce result retail banking risk scale segments selected share shows specific strategy structure subsidiary substantial success understand UniCredit units