Introduction Organizational change has become a immutable in contemporary moving in life and mastermind of the main responsibilities for whatever manager now is to anticipate problems, gear up solutions and implement them. In this assignment, strand of Communications (BOCOM) is valueed to illustrate the upstart change and assess the success of the management of the change process. Bank of Communications (BOCOM) Banking is in the subject position of China fiscal industry. Founded in 1908, BOCOM is one of four oldest banks in China as well as one of the note-issuing banks in modern China. by means of 2004 national-wide banking reform, BOCOM has completed pecuniary reorganization, successfully introduced mainland and overseas strategic investors resembling HSBC, the National amicable Security Fund and China good Investment Ltd., and enhance its organizational structure. BOCOM was listed on the Hong Kong Stock flip in June 2005 and on the Shanghai Stock Excha nge in May 2007. Its business scope includes commercial banking, securities services, trust services, financial leasing, fund management, wealthiness management and insurance and offshore financial services. BOCOM currently has 128 internal branches (including Shanghai matter Office), comprising 30 barbarian branches, 7 branches at one time managed by Head Office and 90 provincial branches. With the lengthy banking network, it has 2,643 operating military position in more than 220 cities nationwide. In addition, BOCOM as well as set up 11 oversea institutions, comprising of branches in Hong Kong, groundless York, Tokyo, Singapore, Seoul, Frankfurt, Macau and Ho Chi Minh City and representative offices in London, Sydney and Taipei. separate to the Top 1000 World Banks 2010 (The Banker, 2010), BOCOM was ranked number 49 based on its Tier 1 capital much(prenominal) that it was ranked among the top 50 banks global for the second authorized year. In additi on, BOCOM was also ranker one of the top 50 ! banks widely distributed in term of total assets with its ranking...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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