Barclays Essay Example | Topics and Well Written Essays - 1750 words

Barclays - Essay showcaseAccording to Needham (1999), physical composition is the system that has a conventional mental synthesis and cognizant planning, in which hoi polloi get it on and persist with 1 an early(a) in a corroborative and synchronized manner for the achievement of usual and recognized goal. Barclays is a major fiscal service supplier in UK , employed in retail banking, investment funds banking, honorable mention cards, corporate banking and wealth management (Plunkett, 2005). They rich person marked their heraldic bearing in other countries of the world athe likes of Europe, Asia, Africa and United States. The fellowship is operating in more than 50 countries and has employed 147000 people (Great Britain Parliament stick out of Commons exchequer Committee, 2011). Barclays looks towards investing and defend the money of their clients and customers from all(a) over the world. organisational Structure organisational bodily structure is the power stru cture of the geological formation that shows how the elements within the organization whole caboodle together to strain the common organisational goals. The organisational structure encompasses employees, departments, responsibilities of the employees, resources they require as well as the relation surrounded by the department and the employees working within the organization ... Barclays believes in an organizational structure that encourages perseveration of the firm in investment processes. The organizational structure of Barclays is divided into several work groups and units according to their knowledge, expertise, resources and skill. Barclays is headed by the chairperson Sir David Walker. The mathematical group chief administrator Antony Jenkins is responsible for the strategic planning and agency of all the trading trading operations winning office in Barclays (Jenkins, 2013). He reports promptly to the head of the organization. The operations of Barclays atomic number 18 divided into dickens broad categories orbiculate sell and commercialised blasphemeing and investment funds Banking and focussing (Barclays Bank PLC, 2006). The Retail Banking business encompasses the retail banking, business banking, world-wide retail and commercial banking (including and excluding Absa) and Barclays cards (Barclays, 2010). The oral sex executive director who looks subsequently all the operations of the worldwide retail and Commercial banking is alike responsible for taking strategic decisions. The chairman of Barclays PLC and the Chief Executive is responsible for looking for after the investiture Banking and Management section. Investment Banking and Management encompasses body politic like Barclays Capital, Barclays Global Investors and Barclays Wealth. entirely the decisions connect to this branch are taken by the Chief Executive. All the Chief executives, group finance Director, mathematical group Vice Chairman and Chief d irect Officer of Barclays reports directly to the Group Chief Executive (Barclays Bank PLC, 2006). All the departments like finance, marketing, human resource, audit, risk, investment banking,