Management Structure:
The MTR Corporation is overseen and managed by an Executive Committee and a Chief Executive Officer. The current Chief Executive Officer of the corporation is Lincoln Leong as of March, 2015. The Executive Committee is made of 25 members, they report to a Board lead by a Non-Executive Chairman and are made up of community leaders and local government representatives/officials. The Executive Committee comprises of the Executive Directorate, the CEO, the General Manager of Corporate Relations and the General Manager of Marketing and Station Business. As The Executive Committee, they are responsible for the implementation of strategies and policies which is decided by the Board. It manages the business of the Company and regularly reports to the Board discussing the performance of the Company as a whole. This system of governance is a two-tier system compromising of the Executive Directorate and the Board of Directors. The Board is made up of 11 members, who directly review Audits, Nominations and Remuneration Committees.
The websites below provide more information on the management structure and governance of the MTR Corporation:
http://www.mtr.com.hk/en/corporate/investor/governance.html
http://www.mtr.com.hk/en/corporate/overview/profile_index.html
Below is a graph displaying the management structure of the MTR Corporation:
The MTR Corporation is overseen and managed by an Executive Committee and a Chief Executive Officer. The current Chief Executive Officer of the corporation is Lincoln Leong as of March, 2015. The Executive Committee is made of 25 members, they report to a Board lead by a Non-Executive Chairman and are made up of community leaders and local government representatives/officials. The Executive Committee comprises of the Executive Directorate, the CEO, the General Manager of Corporate Relations and the General Manager of Marketing and Station Business. As The Executive Committee, they are responsible for the implementation of strategies and policies which is decided by the Board. It manages the business of the Company and regularly reports to the Board discussing the performance of the Company as a whole. This system of governance is a two-tier system compromising of the Executive Directorate and the Board of Directors. The Board is made up of 11 members, who directly review Audits, Nominations and Remuneration Committees.
The websites below provide more information on the management structure and governance of the MTR Corporation:
http://www.mtr.com.hk/en/corporate/investor/governance.html
http://www.mtr.com.hk/en/corporate/overview/profile_index.html
Below is a graph displaying the management structure of the MTR Corporation:
Location:
The corporate headquarters for the MTR Corporation are based in Kowloon Bay, Hong Kong. With 155 operating stations, the MTR has a large area in which its train stations are located. The corporation has expanded to Mainland China and has a large range of railway-related projects and operations internationally. The MTR Corporation operates and manages railways systems including the Hong Kong MTR, Mainland China Metro, Melbourne Metro, London Overground, the intercity service between Stockholm and Gothenburg in Sweden and the Stockholm Metro.
Below is the location of the MTR Corporation Headquarters:
33 Wai Yip Street, Kowloon Bay, Hong Kong
The corporate headquarters for the MTR Corporation are based in Kowloon Bay, Hong Kong. With 155 operating stations, the MTR has a large area in which its train stations are located. The corporation has expanded to Mainland China and has a large range of railway-related projects and operations internationally. The MTR Corporation operates and manages railways systems including the Hong Kong MTR, Mainland China Metro, Melbourne Metro, London Overground, the intercity service between Stockholm and Gothenburg in Sweden and the Stockholm Metro.
Below is the location of the MTR Corporation Headquarters:
33 Wai Yip Street, Kowloon Bay, Hong Kong
Staffing:
The MTR Corporation has a total number of 16,158 employees currently running the MTR’s throughout Hong Kong. Since 2013 the MTR Corporation has recruited of 2,200 new staff and promoted approximately 1,300 previous employees. Currently the MTR Corporation is constructing five new railway lines which will create an estimate of 24,500 more jobs before the project's completion. Once completed another 1,500 jobs will be offered to those in Hong Kong. The MTR Corporation prides itself on being a company who employs staff who are exceptional in their expertise and who work to improve the performance of the corporation. Hong Kong has a highly competitive labour market particularly for technical staff and engineers, but The MTR Corporation employs only those who have extensive expertise and who work to improve the MTR Corporation for the future, and due to large global networks it can choose who deserves to work in the company. The MTR Corporation is overseen by a Chief Executive Officer and an Executive Committee.
Marketing Strategy:
The MTR Corporation's marketing strategy includes special discounts that come at certain times of the year and certain times of the day. For example, MTR in Hong Kong has decided that if people travel between 7:15 a.m. and 8:15 a.m., they will receive a 25% discount for using the MTR to get to work/school. Customers of the MTR can also register to become a Monthly Pass Extra, which allows them to get free fares between specific months. The MTR in Hong Kong allows students artwork to be displayed throughout certain train stations, but only passengers of the MTR can submit an artwork, this further encourages people, especially students to continue to use the MTR. However, as the MTR in Hong Kong is one of the most efficient transportation systems in Hong Kong, many people will use the MTR anyway without any promotion or incentive. A large majority of people use the MTR due to the fact that it is convenient, cheap and an effective way of being transported around the city.
Domestic, national, multinational:
The MTR Corporation is multinational, as it does not just operate it's train services in Hong Kong, although that is where it began. The MTR may also be classed as domestic in some respects, as it owns many properties in Hong Kong, including shopping centres and residential buildings which sit on top of the train stations. The MTR Corporation also functions the Beijing, Shenzhen and Hangzhou Metro lines in mainland China, and the London Overground in the UK, Melbourne Metro in Australia, Stockholm Metro and an intercity service between Stockholm and Gothenburg. The MTR Corporation is also linked to the North West Rail Link in Sydney, Australia, although it does not operate it completely. The MTR Corporation is also consulting many other cities in Australia, the Middle East and all over Asia, especially in Mainland China, as the opportunity for more railways and properties are being discussed for Beijing, Shenzhen and Tianjin.
Exporter/importer:
The MTR Corporation is an exporter, as they export their services to other countries around the world, such as Australia, China the UK and Switzerland, however most of their systems are based in Hong Kong.
The MTR Corporation has a total number of 16,158 employees currently running the MTR’s throughout Hong Kong. Since 2013 the MTR Corporation has recruited of 2,200 new staff and promoted approximately 1,300 previous employees. Currently the MTR Corporation is constructing five new railway lines which will create an estimate of 24,500 more jobs before the project's completion. Once completed another 1,500 jobs will be offered to those in Hong Kong. The MTR Corporation prides itself on being a company who employs staff who are exceptional in their expertise and who work to improve the performance of the corporation. Hong Kong has a highly competitive labour market particularly for technical staff and engineers, but The MTR Corporation employs only those who have extensive expertise and who work to improve the MTR Corporation for the future, and due to large global networks it can choose who deserves to work in the company. The MTR Corporation is overseen by a Chief Executive Officer and an Executive Committee.
Marketing Strategy:
The MTR Corporation's marketing strategy includes special discounts that come at certain times of the year and certain times of the day. For example, MTR in Hong Kong has decided that if people travel between 7:15 a.m. and 8:15 a.m., they will receive a 25% discount for using the MTR to get to work/school. Customers of the MTR can also register to become a Monthly Pass Extra, which allows them to get free fares between specific months. The MTR in Hong Kong allows students artwork to be displayed throughout certain train stations, but only passengers of the MTR can submit an artwork, this further encourages people, especially students to continue to use the MTR. However, as the MTR in Hong Kong is one of the most efficient transportation systems in Hong Kong, many people will use the MTR anyway without any promotion or incentive. A large majority of people use the MTR due to the fact that it is convenient, cheap and an effective way of being transported around the city.
Domestic, national, multinational:
The MTR Corporation is multinational, as it does not just operate it's train services in Hong Kong, although that is where it began. The MTR may also be classed as domestic in some respects, as it owns many properties in Hong Kong, including shopping centres and residential buildings which sit on top of the train stations. The MTR Corporation also functions the Beijing, Shenzhen and Hangzhou Metro lines in mainland China, and the London Overground in the UK, Melbourne Metro in Australia, Stockholm Metro and an intercity service between Stockholm and Gothenburg. The MTR Corporation is also linked to the North West Rail Link in Sydney, Australia, although it does not operate it completely. The MTR Corporation is also consulting many other cities in Australia, the Middle East and all over Asia, especially in Mainland China, as the opportunity for more railways and properties are being discussed for Beijing, Shenzhen and Tianjin.
Exporter/importer:
The MTR Corporation is an exporter, as they export their services to other countries around the world, such as Australia, China the UK and Switzerland, however most of their systems are based in Hong Kong.