Thursday, May 25, 2006

Conglomerate's Operations

The conglomerate’s operations are spread across 54 nations and consist of a strong work-force of over 0.2 million. Outside Hong Kong, the company has operations in China and elsewhere in the Asia Pacific region, as well as in Europe and the Americas. The world’s largest private port operator, with 42 operational ports spanning 20 nations, has seen some wonderful strategic decisions over the past decades, but the one that stands out is Li Ka Shing’s obdurate decision to keep on diversifying. It is this decision, most logically implemented, that has ensured that Hutchison Whampoa (Hutch to most of us) “follows profits wherever it goes.” If the corporate world needed benchmarks to vouch for, Hutch would beat its competition by a Whampoa!!!


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Source IIPM-Editorial,2006