Learning Business Strategy From HSBC

In a Wall Street Journal article today, HSBC just made a major presentation to its English investors. After taking impairment charges on bad mortgages this year, HSBC Chairman Stephen Green on Friday said the bank is aligning its strategy with three major trends shaping the world economy:

1. Emerging markets are growing faster than rich countries
2. World trade is outpacing growth in gross domestic product
3. And people nearly everywhere are living longer.

If you think about it, these trends are instrumental to many international businesses and not only applicable to HSBC. Businesses should consider other emerging markets and capitalize on that growth. The world has grown much smaller in the last few years due to the advent of the internet. Medical advancement have led people to age (not exactly gracefully) in a functional length that can be made profitable by businesses.