Barclays Impact On The Business Environment

1718 Words4 Pages

INTRODUCTION

Change management has an impact upon business leaders and the decisions they make such as global expansion and the growth of new economic superpowers, new technologies and new business models. Nowadays ,to become a successful organisation has to provide strategies for change and innovation to ensure the survival of the business. In this assignment, I will exhibit a critical understanding of the key dynamic forces impacting on business and society and the relationship between the two in terms of effective strategic decision making.

To begin we have to define what is the driver change?
The driver influence and shape the future of the business, it has an impact on business leaders along with the decisions they make.
According …show more content…

However this new plan strategic does not appeal the employees. The new chief executive sent a message to 140 000 employees which stated that any employees that would resist the changes to the company Barclays is not he place for you. The aim of this strategic plan is to erase the scandals that Barclays suffered.

This memo contains five important values which are respect, integrity, service, excellence and stewardship. Moreover the performance of each employee will be judge because this workforce is an ultimatum to boost its image which are lost his way;become too aggressive, too focused on the short term, too disconnected from the needs of the customers and clients and wider society.
This ensures that employees either comply and accept the changes being made within the organisation or leave the company as to not cause a problem when changing the organisational …show more content…

Moreover there is an implantation on certain mobiles which use the most modalities of choice such as fingerprints, facial recognition and voice biometrics. In the past the governments, the military and law enforcement used a fingerprint scanner the biometric is a secure method to prove individual identification thanks to expansion in the commercial sector. Technology has to aim to change our lives and integration of the biometric plays a crucial role to prove our identities in different sectors such as the healthcare, workforce managemen and banking and finance.

People is worried about the security of their mobiles which can stock sensitive information by using the biometric it increases the security of the smarphone users. In the foreseeable future, biometric will become a standard feature for device such as fingerprint scanners integrated on-screen, a facial-recognition powered cameras high definition and a speech recognition based on a large of vocal

More about Barclays Impact On The Business Environment

Open Document