Research Article
Open access
Published on 10 November 2023
Download pdf
Export citation

Research on Strategic Transformation and Management Innovation of China Merchants Bank

Zihao Zheng *,1,
  • 1 Sendelta International Academy

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2754-1169/31/20231491

Abstract

This paper will study China Merchants Bank, the first joint-stock commercial bank wholly owned by corporate legal persons in China, and its 36 years of operation and development in Shekou, Shenzhen, a pioneering city in China, in the environment of China’s reform and opening up, in the era of China’s rapid economic take-off. To study its growth process from a small bank with a capital of only 100-million-yuan, one branch, and more than 30 employees to an international banking group with more than 1,800 branches and 100,000 employees, which British magazine Banker announced as the 11th bank in the world in 2022 and won the title of Best Employer for 14 consecutive years. Explore the key factors in the success process of a bank or even an enterprise and deduce the most valuable leadership genes for the enterprise and the team in order to help more people find the direction to develop their leadership and the password to run an enterprise or manage a team effectively.

Keywords

China Merchants Bank, strategic transformation, management innovation, corporate culture construction, leadership

[1]. Shenzhen Securities Times, China Merchants Bank 32 years of Revelation: Two transformation achievements of retail king, 2019-08-19, 2023-02-25, https://mbd.baidu.com/newspage/data/landingsuper?rs=1199548269&ruk=nXt1MPChBUjUhkpeS9O2cg&urlext=%7B%22cuid%22%3A%220P2ua08MHa_hi-8ClPvi8liQSuYZ8v8O0a2gigiI2i_vavi3jP2gilf5SOrj8SaJID7mA%22%7D&isBdboxFrom=1&pageType=1&sid_for_share=&context=%7B%22nid%22%3A%22news_8789199315895557231%22%7D

[2]. Yu, H. The wave of fintech in banking industry: Three transformation achievements of China Banking Technology, 2019-09-24,2023-02-26,http://chsh.cbimc.cn/2019-09/24/content_305826.htm

[3]. Chen, Y. L. Research Report of China Merchants Bank: Reform, Transformation and Differentiation, 2022-02-16, 2023-02-26, https://mbd.baidu.com/newspage/data/landingsuper?rs=851362056&ruk=nXt1MPChBUjUhkpeS9O2cg&urlext=%7B%22cuid%22%3A%220P2ua08MHa_hi-8ClPvi8liQSuYZ8v8O0a2gigiI2i_vavi3jP2gilf5SOrj8SaJID7mA%22%7D&isBdboxFrom=1&pageType=1&sid_for_share=&context=%7B%22nid%22%3A%22news_9562179960742853177%22%7D

[4]. Fang, J. Annual report interpretation: “3.0 model” under the China Merchants Bank is how to become “light”? 2022-03-21, 2023-02-28, https://mbd.baidu.com/newspage/data/landingshare?context=%7B%22nid%22%3A%22news_9292040059844371862%22%7D&isBdboxFrom=1&pageType=1&rs=2963989003&ruk=nXt1MPChBUjUhkpeS9O2cg&sid_for_share=&urlext=%7B%22cuid%22%3A%220P2ua08MHa_hi-8ClPvi8liQSuYZ8v8O0a2gigiI2i_vavi3jP2gilf5SOrj8SaJID7mA%22%7D

[5]. Ma, W. H. Integrated and Two-Wing Strategy of China Merchants Bank, 2023-03-01, 2023-03-10, https://www.jiansulushi.cn/news/422935.html

[6]. Tong, S. X. Revelation of the Act, 2019-12-17, 2023-03-11, https://mbd.baidu.com/newspage/data/landingsuper?rs=1087345259&ruk=nXt1MPChBUjUhkpeS9O2cg&urlext=%7B%22cuid%22%3A%220P2ua08MHa_hi-8ClPvi8liQSuYZ8v8O0a2gigiI2i_vavi3jP2gilf5SOrj8SaJID7mA%22%7D&isBdboxFrom=1&pageType=1&sid_for_share=&context=%7B%22nid%22%3A%22news_9499174126064152611%22%7D

[7]. Guan, X., Mi, J. G. Continuous innovation is the root of the century-old store’s standing, 2015-11-02, 2023-3-11, http://www.jjckb.cn/2015-11/02/c_134772630.htm

[8]. Yu, J. A Brief Analysis of century-old Enterprises at Home and abroad, 2022–01-01

[9]. Yu, B. C. China Merchants Bank Strategic Transformation: Build a “value bank”, 2023-03-26,2023-04-03, https://baijiahao.baidu.com/s?id=1761391448255444540&wfr=spider&for=pc

[10]. Ou, S. J. Change Because of The Time, lead the trend first,2018-07-24,2023-04-03, , https://www.sohu.com/a/242930890_157267

Cite this article

Zheng,Z. (2023). Research on Strategic Transformation and Management Innovation of China Merchants Bank. Advances in Economics, Management and Political Sciences,31,31-39.

Data availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

Disclaimer/Publisher's Note

The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.

About volume

Volume title: Proceedings of the 7th International Conference on Economic Management and Green Development

Conference website: https://www.icemgd.org/
ISBN:978-1-83558-083-7(Print) / 978-1-83558-084-4(Online)
Conference date: 6 August 2023
Editor:Canh Thien Dang
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.31
ISSN:2754-1169(Print) / 2754-1177(Online)

© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license. Authors who publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See Open access policy for details).