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Barclays - How an existing business runs from day to day.  

Member rating: 7 out of 10 stars (14 votes) | Words: | Submitted: Thu Oct 16 2003

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Introduction I have been asked to produce a report and investigate how an existing business runs from day to day. This includes the organisations aims and how the culture and style of the business helps to achieve this through modern technology. I have chosen to use Barclays as my organisation as I am currently one of their customers and wish to study a well-developed and successful organisation. History I wanted to gain knowledge of how Barclays became about being the successful organisation it is today, so I researched into its history from over 300 years ago. John Freame and his partner Thomas Gould in Lombard Street, London in 1690, founded Barclays. The name Barclay became associated with the company in 1736, when James Barclay - who had married John Freames's daughter - became a partner. Private banking businesses were common in the 18th century and by 1890 there were some 100 private banks. In 1896,...

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