CPA 117 Case1-ANZ bank 讨论贴

t_hhcn

原帖由 smilecat 于 2011-5-1 16:42 发表



How do you analyse ANZ's successful factors? I think only I could see in the article is an experienced CEO and first mover advantage, how do you think?

First mover bank
Big branch network established
2 local investments established

Any other thoughts?

yaofanny

ANZ case 中有段话不是很明白，请大家指教

P3 " it also has the maximum allowed investments in local banks - two per company, capped at 20% each. the jewel is a share in the shanghai Rural Commercial Bank, which has the second-biggest local branch network in China............."

ANZ acquired shares in 2 local banks - 一个是Shanghai Rural Commercial Bank, 一个是Bank of Tianjin 是吗？two per company, capped at 20% each 是什么意思呢？

smilecat

原帖由 t_hhcn 于 2011-5-1 16:45 发表


Thanks! That makes sense! :)

Also, a stupid question, how many ANZ branches established in china now?? 7 or 20?

Target is 20 but now is 7

smilecat

原帖由 yaofanny 于 2011-5-1 16:54 发表
ANZ case 中有段话不是很明白，请大家指教

P3 " it also has the maximum allowed investments in local banks - two per company, capped at 20% each. the jewel is a share in the shanghai Rural Commercial Bank ...

20% is the cap investment share and foreign banks could only at most invest two local banks in the way of share .

smilecat

原帖由 t_hhcn 于 2011-5-1 16:51 发表


First mover bank
Big branch network established
2 local investments established

Any other thoughts?

I think these are only their performance in China market. on page 35 it said that successful expansion needs to have a right decision on the following factors (as you mentioned above).but these decisions are right or not which means it will success or not depends on Dunning's three conditions.

how do you think?

t_hhcn

原帖由 smilecat 于 2011-5-1 17:01 发表



I think these are only their performance in China market. on page 35 it said that successful expansion needs to have a right decision on the following factors (as you mentioned above).but these dec ...

Dunning's conditions can be mentioned in exam, and then we can say that the above 3 factors are the key success factors for the existence of anz in chinese market... what do you think??

yaofanny

谢谢，明白了。

smilecat

原帖由 t_hhcn 于 2011-5-1 17:32 发表


Dunning's conditions can be mentioned in exam, and then we can say that the above 3 factors are the key success factors for the existence of anz in chinese market... what do you think??

Sorry, i might not agree with you.

I think the factors you mentioned is the decision of ANZ, whether it is right or not depends on the Dunning's three conditions. But in the article, we clould not find any stratigic copability in ANZ to expand in China market. I think the other two conditions ANZ is satisfied but the second one, there is not a clue to see that it has any strategic competence, so my conclusion is that even though ANZ is a first mover, but if it wants to success in China market, it needs to find and perform its strategic competence.

t_hhcn

原帖由 smilecat 于 2011-5-1 17:53 发表


Sorry, i might not agree with you.

I think the factors you mentioned is the decision of ANZ, whether it is right or not depends on the Dunning's three conditions. But in the article, we clould not  ...

point taken! thanks for your thought! :)

Hey, how did you write about Rumelt? :)

smilecat

原帖由 t_hhcn 于 2011-5-1 18:02 发表


point taken! thanks for your thought! :)

Hey, how did you write about Rumelt? :)

do you agree with me on the above points? how do you think?

smilecat

for the rumelt, I think the first two are consistent, but the third and the fourth ANZ should perform more .

t_hhcn

原帖由 smilecat 于 2011-5-1 18:04 发表



do you agree with me on the above points? how do you think?

I agreed. I had a look at the case again, and indeed there is no reference indicating any stratgic competencies of anz... more info required...

lniu

Hi
Thanks for listing all the questions.
What generic strategy is ANZ?
also , 3th and 4th anz need to performance more, so that means feasibility and competive are not yes? only the first external and internal are yes?

What kind of questions on Option 7 will ask?

Thanks!

lee2267

原帖由 lniu 于 2011-5-1 19:40 发表
Hi
Thanks for listing all the questions.
What generic strategy is ANZ?
also , 3th and 4th anz need to performance more, so that means feasibility and competive are not yes? only the first external an ...

我只是把在 足迹上的 大家对于 case1的观点集合一下。方便 阅览。。随着讨论的 深入。。会随时更新。。。

[ 本帖最后由 lee2267 于 2011-5-1 20:05 编辑 ]

yaofanny

ANZ's general strategy 是什么呢？ Leader?

lee2267

原帖由 yaofanny 于 2011-5-1 20:03 发表
ANZ's general strategy 是什么呢？ Leader?

感觉不是 。。我 觉得是  flexibility   pp 3.21 和  financial  service  example Q3.8  pp 3.31 可以 很好的 解释。。。。请指正撒

tinayangyan

Hi, what is dunning's three condition? is it in our moduels? or from other text book?

yaofanny

同意 Flexibility. 文中确实看不出来是Leader/diff/focus。 如果考试要问，我回答Flexibility. 谢谢

lniu

Why the 3rd need more??

HNM

同问...what is dunning's three condition? is it in our moduels? or from other text book?

HNM

请问 case1里面, Rumelt evaluation,

External Consistency  and internal consistency, 感觉都没有从article 提及到...

所以, 是yes or no, pse provide the reason.

Thx

lalaladog

原帖由 smilecat 于 2011-5-1 16:58 发表



20% is the cap investment share and foreign banks could only at most invest two local banks in the way of share .

where did you find foreign banks could only at most invest two local banks in the way of share?? I don't think it means that foreign banks can only invest two..thax!

lee2267

原帖由 lalaladog 于 2011-5-2 17:13 发表


where did you find foreign banks could only at most invest two local banks in the way of share?? I don't think it means that foreign banks can only invest two..thax!

artile里面有提到哦 。。请仔细阅读啦 。。这个是 中国 银监会的规定。。。其实case 1 对 中国考生是很 benefit的。 。因为我们 了解很多文章里没有提及的 背景。。
中国 银监会规定 外国银行有 2种进入 内地的 方式 。
1. 控股 ： 只能控股 2家 内地的商业 银行 。每家不能超过 20%。。（acquire equity share 和 joint venture）
2. 开 办事处。。 然后开张 非银行业务  。。。之后 提供2年 （3年？ 记不得了 ）总公司报表。。声请牌照开分行。。。1年 后 申请开rmb业务。
现在 目前 内地的 外资银行大部分都有 rmb业务的牌照了 。。。
背景扩展：
对于目前澳洲的 4大来说 。。现在 全部都有 在上海的 分行。。貌似除nab外全部都有或者将有rmb 业务牌照(没有考证，应为于考试无关。懒的去查）。。。其中 anz 业务最大 。。
nab进入中国最晚。。但是和 工商有 最好的 业务关系。相比其他 3家 澳洲 银行。。

其实 书上 pp 4.37 也提到 。之前 澳洲有银行进入中国不成功 原文是 ; the early ventures of australian banks and financial institution in both the uSA and china
often failed due to unfamiliarity with the mktplace 说的 就是 投行 麦考瑞。。当时对 nab和 westpac的 触动很大。。所以这2家对中国的 投入比较谨慎

[ 本帖最后由 lee2267 于 2011-5-2 23:44 编辑 ]

lalaladog

原帖由 lee2267 于 2011-5-2 17:16 发表

artile里面有提到哦 。。请仔细阅读啦 。。这个是 中国 银监会的规定。。。其实case 1 对 中国考生是很 benefit的。 。因为我们 了解很多文章里没有提及的 背景。。
中国 银监会规定 外国银行有 2种进入 内地的 方 ...

thax a lot!

yaofanny

原帖由 HNM 于 2011-5-2 04:33 发表
同问...what is dunning's three condition? is it in our moduels? or from other text book?

同问，有同学回答一下吗？多谢多谢。。。

lee2267

原帖由 yaofanny 于 2011-5-2 18:40 发表



同问，有同学回答一下吗？多谢多谢。。。

reply in #2

lalaladog

CBA在case中expansion也有很多作为，为什么大家没有讨论哪？

lee2267

原帖由 lalaladog 于 2011-5-2 19:25 发表
CBA在case中expansion也有很多作为，为什么大家没有讨论哪？

yes. I agree..
CBA Join Ventures  --- strategic alliance   have a lot of discuss...

i think case 1 . will ask difference expasion of CBA /ANZ/ Westpac / NAB...

lalaladog

原帖由 lee2267 于 2011-5-2 19:33 发表


yes. I agree..
CBA Join Ventures  --- strategic alliance   have a lot of discuss...

i think case 1 . will ask difference expasion of CBA /ANZ/ Westpac / NAB...

comparing the common code of entry, not sure whether to test value proposition etc.

By the way, I am just seraching westpac website... it seems beijing is representative offices. shanghai has a branch.. are they both representative offices mode or anything else? i'm confused.. thax!

[ 本帖最后由 lalaladog 于 2011-5-2 19:49 编辑 ]

yaofanny

原帖由 lee2267 于 2011-4-30 18:12 发表
this article origin sauce is from :http://www.theaustralian.com.au/ ... rg8zx-1225875689203

CPA 删除了 原文的 几个段落。其中之一是关于rio  ...

“development of new geographic mkt ..我觉得 可能 出 对于 anz和 westpac的 比较 题目 。。。比较 2家的 timing of entry啊 。。mkt attractiveness啊 。”

请问 mkt attractiveness 指什么呢？ China market 对Anz 比较有吸引力？对Westpac 吸引力小，3年前才开了一家，目前打算开第二家。