Essays on The Importance of Information to Barclays Bank Case Study

Download full paperFile format: .doc, available for editing

The paper "The Importance of Information to Barclays Bank" is a perfect example of a finance and accounting case study. This topic presents a discussion on the importance of information to Barclays Bank and how it has led to changes in its business processes and new products within the banking industry. To enable us understand the basics and familiarize us with the stages, developments and importance of information and its applications in the organization. It also identifies various problems which can hamper efficient use of Information and it finally recommends that organizations, public and private; commercial and non-commercial must endeavour to set up a good Information unit within their Organizations to enable adequate information set up at the disposal of their management needs.

Business firms continuously seek these opportunities for the improvement, and effectiveness to achieve their desired objectives and goals. Introduction With the current competitive market share, fast-changing and saturated business atmosphere represented by retreating consumer devotion, the necessity to be customer-focused are more vital than in the previous years. Technology is being used by firms as a key tool in enhancing the flow of information within their various business units, assisting the employees to better understand the ever dynamic and increasing wants and needs of their customers, Barclays Bank not an exception. Information helps in approach to achieving business goals in which technology for managing information and knowledge facilitates and enables execution of activities in and across value chains and supporting decision making underlying those activities” (Singh & Holsapple, 2000). Information and communications technology The banking business has undergone tremendous changes in the past few years.

There are many changes in variety and amount of products offered due to the mergers or branching and achievement of banks.

The amount of competition and information technology development within a harsh business atmosphere has led to the restructure of the retail banking industries.



1. Alshmlan S. A., “Information Systems Strategies” February 2006,: Prospective Demand and Supply, Retrieved March 16 2010 from

2. Sparks, L. Mitchell. J. ”Marketing Information Systems in the Major UK Banks.” International Journal of Bank Marketing: (1998) Vol, 6, No. 6. PP. 17-20.

3. Jain P. Vicas. “Importance of Information Flow, Customer Relationship Management & Customer Satisfaction in Strategic Management of E-Commerce.” Information and RCM in Commerce (2010): Retrieved 18 March 2010 from

4. Bangura A.F. Sheku, “Statistical Information and the Banking Sector”. Retrieved 18 March 2010 from

5. Woodworth, Brent. “The Importance of Information Technology and Telecommunications Support in Crisis Management” May 1, (2005). Retrieved 18 March 2010 from

6. Wigad, Rolf T., Picot Arnold, & Reichwald. Information, Organization, and management. University of California: Wiley, 1997. Accessed on 19 March 2010.

7. Morgan Gareth. Images of Organization. SAGE, 2006. Accessed 20 Match 2010.

8. Erick. “ ’The importance of Data Retention Policies’ : Eckel Network+, MCP+I, MCSE.” (2006). Accessed on 19 March 2010 from;leftCol

9. Decarlo Neil: The Complete Idiot's Guide to Lean Six Sigma. Breakthrough Mangement group. Accessed on 18 March 2010.

10. Sifri George: When to Consider a Project Management information System. (2002): Retrieved on 21 March 2010 from;leftCol

11. Oracle Thought Leadership White Paper: The Business Case for Management. (2008): 2-9. Retrieved on 22 March 2010 from

12. Hannah Leslie & Ackrill Margaret. Barclays: The business of Banking. Cambridge UP (2001) ISBN NO: 0-52179-035-2. Accessed on 25 March 2010.

13. James D., Gallagher. American Management association: Management Information Systems and the Computer. New York (1998).

Download full paperFile format: .doc, available for editing
Contact Us