The research paper is based on three different tasks that intend to assess organisational purposes, monetary and fiscal policies in respects of two distinct organisations related with banking division. The main errand means to assess hierarchical purposes in respects of Barclays and HSBC banks based in the UK. Besides, the other portion of the task depends on the business environment in which organisations operates. Task 1 Purpose of organisations Aims and Objectives Related with Banking and financial sector, Barclays and HSBC have shared approach that intends to prepare and help their employees to improve their work performance in regards to keep up positive environment in the organisation that help the companies to increase their performance. The primary goals of the banks …show more content…
The working pattern in banking sector is much similar like business working environment that particularly manages the highs and lows of the economy. Some of the stakeholders of Barclays and HSBC incorporate, Employees The internal working employees are seen as the partners of the organisation as their expert and individual activities are connected with the development and progress of the organisation. Barclays and HSBC empower and motivate their employee to give their compatible and skilled services for the development of the organisations. Investors The most important partner of Barclays and HSBC further incorporate their investors that directly invest their capital in the business of banks. Both of the banks keep the attraction of their investors towards the organisation so is to proceed with their speculations.
Barclays envisions itself as a leading transatlantic bank. It aims to generate sustainable value for its shareholders by emerging as one of the biggest consumer, corporate and investment banks catering some 24 million customers in the Personal, Wealth and Business Banking domains. Barclays aims to achieve this through its two business divisions namely Barclays UK and Barclays International. Following are some key strategic aims and objectives of the Group.
My opinion on this article is that it’s actually very inspiring and supportive. I like the fact that Fox challenged the entertainment industry because in a way, many people are talking about that women cannot play in major league teams, but the fact that Fox took a risk and the show is based on a true story about Sarah Hudek. She is one of the biggest role models for women because she destroyed that stereotype for women. I have seen multiple advertisements about the show Pitch because it is huge phenomenon about a woman pitching. I find this article really inspiring mainly because of the fact Sarah Hudek didn’t allow society to break her, instead she continued to be the best
This paper will show the situational analysis of commonwealth bank, it also analysed the organisational structure and its strategies. Because every business needs to take some action that will help them keep a good position in the market, but before taken any action they have to do some research the find to cause of problem in order to identify the resolution. The results and useful information during this analysis will help the organisation to choose suitable strategies, develop that management strategies and improving the service operation, which is going to help them achieve their objectives. At the beginning it will be presented brief history of commonwealth bank and following by their operational service, problems
The culture of respect helped the bank make money for its shareholders by; having employees who understood the needs of the clients. The bank listens to customer 's issues and addresses all the issues efficiently and effectively. This made more customers more confident about the bank, and so more customers were drawn to the bank and hence the banks revenues kept on growing to make more money for all its shareholders (Hess, E., 2012). The growth of the bank is also achieved by having, effective communication plan with both their employees and customers.
From the previous strategic frameworks, the company should increment their offerings into the financial options to their clients. There are five options in this field with their respectively advantages and disadvantages:
The following literature review outlines a brief description about the popular bank of Australia, namely, Commonwealth Bank of Australia. The literature review discusses about the organizational structure, products and services. It also helps to understand the operations and functionality like the current processes and gaps of the organization. The problems or issues that are to be fixed by the new system and the information systems strategy are also explained here.
This report compares financial performance of two major banks of UK i.e. HSBC Bank Plc and Barclays Bank Plc on the basis of their Balance sheets and profit and loss accounts for the year 2009. This report also provides SWOT analysis of both banks i.e. HSBC and Barclays Bank Plc and provides an insight into their Banking Strategies.
I. DISCUSSION QUESTIONS, CASE INTRODUCTION AND KEY POINTS Introduction The case covers the introduction of Matt Barrett as CEO of Barclays and the changes he introduced to the organization to maintain its competitive position within the retail financial services industry. In an increasingly competitive environment, Barclays is losing ground due to its lack of data-driven actions and small global presence. The case outlines the actions taken by Barrett to transform some of the key characteristics of Barclays’ corporate structure, and concludes by presenting the challenge he will face in getting management buy-in in order to implement his vision. The key challenges that Barclays
2009 October 9, a conference hosted by UK Financial Services Authority referred to the liquidity management in HSBC Bank, seen from the statistics of annual report of HSBC, this bank did not suffer a great impact of 2008 financial crisis. Analysts focus on the efficiency of HCBS model, make some general experiences that banks can learn from the HSBC bank (Choudhry, Landuyt 2010). In fact, the HSBC model did not was a very specific model to rescue the bank in liquidity management risks, it consists some very basic principles in banking and liquidity risk management. It is a more robust risk management method so that banks may back to a more conservative business model, whether it is the bank’s own choice or the central bank’s regulation. There are 9 general principles to apply in the liquidity management and banking system.
Sean should clearly state what the goals and targets are in order to improve profitability and the overall growth of the company.
The Royal Bank of Canada experienced some fundamental managerial errors in May 2003. It was reported as a major “glitch” that had been caused by wrong configuration during the installation process. A simple problem had severely affected the lives of millions of people. In this essay I will discuss the security and control problems such as the simultaneous upgrade of both the main and back-up systems. This will lead into the strategies management could have used to prevent these problems happening in the first place and what they can do differently in future. I will also explain how management neglected the public relations side of the issue which had customers questioning the reliability and stability of Royal Bank of Canada ultimately
In connection to that, there are various duties or roles that the above bank’s manager does in ensuring that the daily activities of the bank run smoothly. The Barclays Bank manager is regarded as being the heart of the banking services offered by this organization. Typically, his or her responsibility entails managing the customers’ finances as well as saving time. As the manager of the bank, his or her role will be the management of workers to the point of increasing the general sale of the financial products and services (Downes et al, 2008). Such a manager also has the task of
According to group´s performance from 2002-2006 identifies that Barclays´ performance underpinnings are represented by its strategy of acquiring other banking (such as ABN Amro and Banco Zaragozano) concerns to expand its retail as well as other banking services through representation in international markets as represented by the bank’s presence in 60 countries. This provides Barclays with the means to sell its highly profitable investment banking services as well as be positioned to service the cadre of multinational companies that utilize its diverse banking financial service packages.
The South was a volatile place when concerning the separation of the white and black communities. Laws were put into place to solidify the separation of the races while providing equal opportunity to all. However, these laws, known as the Jim Crow laws, were ratified to give the illusion of equality while allowing for separation to continue. Though the image these laws held gave the impression of equality, while the people did not hold equal status. To Kill a Mockingbird by Harper Lee explores the racial tensions of separate but equal throughout the novel and how these ideas affected the daily lives of those who lived during this time. Separation of public spaces and the relationships between the people themselves are small examples of the realities of the laws effects on real people in the South. The Jim Crow laws perpetuated the racial tension of the South rather than alleviating the problems by sacrificing equality for the social norm of separation.
Further, Government intended to reform Barclays management and operation, but Middle Eastern focused on the opportunity to profit. Therefore, it is wise to accept Middle Eastern offer. Lastly, cooperating with Middle Eastern investors might lead Barclays expend to Middle Eastern area and increase commercial opportunities.