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  • Essay / Business analysis: Barclays, a major financial player...

    1. INTRODUCTIONBarclays is a leading global financial services provider engaged in retail banking. Bar-Clays is organized within these areas of activity: Corporate and Investment Banking, Wealth and Investment Management; and retail and corporate banking services. The Corporate and Investment Banking, Wealth and Investment Management division includes three business units: Corporate banking; Investment banking; and wealth and investment management. The Retail and Business Banking cluster comprises four business units: Africa Retail and Business Banking (including Absa Group); Barclaycard (credit card and loan provision); Retail and corporate banking in Europe; and retail and business banking in the United Kingdom. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 140,000 people. Barclays moves, lends, invests and protects the money of 48 million customers worldwide.2. OBJECTIVEThis article is based on personal observations and experience of being part of an organization as large as Barclays Capital. The company that is currently going through difficult times is trying to restructure all its activities and at the same time increase the motivation of all employees so that no one feels less valued. Being part of this process gives me greater insight and a clear understanding of what the company is trying to achieve. This is the first time in my life that I have been involved in a restructuring and I am sure that it will have a significant impact on my future career and my understanding of business. In writing this article, I'm trying to get a better view of what Herzberg's theory of motivation is and how it might be aligned with real-world business experience. Using his two-factor theory, I want to understand the processes that are currently taking place and draw my own conclusions....... middle of the document ......n and its goals. Now that it is clear that companies should If we are concerned about the challenges posed by restructuring, it is appropriate at this time to set targets that address these questions. The expected end goal is not to remove the need for restructuring, nor would it be appropriate to expect employees to ever benefit from the restructuring process. Rather, the goals are to develop a workforce that understands the importance and inevitability of restructuring and to minimize survivor illness symptoms experienced during layoffs. With a fully integrated program, organizations can maximize employee performance and engagement in a future-proofing way. commercial success. By combining both motivators and hygiene factors, organizations can maximize employee performance and engagement in ways that ensure future business success...