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Evaluating the organization culture at Barclays bank Case Analysis

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Accountant-Lecturer
Level
General public
Study
finance
School/University
California

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documents in English
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case study
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2 pages
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  1. Introduction
  2. Barclays bank: Leadership and Organizational Structure Case Analysis
  3. Environmental factors affect business activities
  4. Alternative solution
  5. Selected solution
  6. Conclusion

Barclays bank PLC lists as the leading banking institutions in the banking and financial industry. The bank acknowledges organization culture as a leading strategy to accomplishing the bank's ultimate goals and objectives. Bob Diamond defined organization culture as how one acts when they think no one is scrutinizing their actions. Bob Diamond established the Bank's culture to be a winning strategy that affected the bank's operations.

Following the crisis in the organization culture of the bank, most of the bank's operations were affected. A review conducted by Salz reviewed that the banking culture was to blame for the failing operations in the bank. From the Salz report, the winning strategy established by Bob Diamond drove the bank to failures that were identified by FSA, US based regulatory groups and UK lobby groups.

[...] References Aldrick, P. (2012, December 1). Barclays Bank Organization Culture. Barclays Bank PLC, 12(12), 12-17. Elliot, D. (2013, June 30). Barclays' Salz Review. Retrieved October from World Wide Web: http://www.telegraph.co.uk/financialdaily/newsbysector/banksandfinance/99696 42/How-it-all-went-wrong-at-Barclays.html Meynes, P. (2012, May 12). The guardian. [...]


[...] Evaluating the organization culture at Barclays bank Case Analysis Abstract Barclays bank PLC lists as the leading banking institutions in the banking and financial industry. The bank acknowledges organization culture as a leading strategy to accomplishing the bank's ultimate goals and objectives. Bob Diamond defined organization culture as how one acts when they think no one is scrutinizing their actions. Bob Diamond established the Bank's culture to be a winning strategy that affected the bank's operations. Following the crisis in the organization culture of the bank, most of the bank's operations were affected. [...]

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