Pest and Porter’s Five Forces Analysis of Barclays Bank Essay

PEST AnalysisBarclays Bank identified the sustainability as a operator of recognizing and managing the economic, social, and environmental issues across the Group, and at the same time, contributing to the wellness of the society. PEST analysis is created to identify the factors that might affect the sustainability of the organization.Political AnalysisThe sustainability of Barclayss agendum has expanded rapidly. It reflects the companys increasing focus on the wider nature of business and made the stakeholders growing interests in competitive world of business. There is presently a not bad(p) awareness about the spherical challenges such as climate changes, poverty, scarcity of resources, and demographic shifting. The responses came from the government and from different businesses, as well as the non-profit organization helped the Barclays made it possible for the sustainability.Economic AnalysisThe approach to the sustainability program is useful and encourages the company to be open and transparent to the issues such as the initiatives in further research and development, dialogue with the government and various organizations, and their priorities. Barclays enable to broaden their focus on corporate responsibility to prove that they play an essential affair in establishing an economic advantage in the country where they operate.Social AnalysisThe sustainability strategy focuses in their objective to improve the value of the business and their stakeholders. They give enormousness on the customers and clients such as maintaining the understanding of their needs and promoting the company by measuring satisfaction. It can be only possibleby focusing of their global performance by their assurance to develop an innovative solution and enhancing performance. On the other hand, the people working under their organization make a great advantage in the performance of the business. In addition, they attract employees to collect the talent, develop them accordin g to the competent world, and retaining them as much as possible.Technological AnalysisThe Barclays uses the way of engineering science for their business especially in the areas of inclusive banking. Their aim to help the people in fight against poverty is possible through their financial system. The technology makes it possible to empower the system and establish a competitive advantage. Pioneering the new ideas, adding the skills and operational excellence are part of the guiding principle of the organization.Read more(prenominal)http//ivythesis.typepad.com/term_paper_topics/2010/09/pest-and-porters-five-forces-analysis-of-barclays-bank.htmlixzz14SgOwmCo