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Barclaycard

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Barclaycard
BY RIHAM TAIB

Table of Contents

Barclaycard Case Report and Summary
Critical Issues
• Current Performance o Financial Performance o Customer Performance o Internal Current Performance o Internal Long-term Performance
• External Environment Analysis o STEP Analysis o Porters Five Forces o External Factor Analysis o Industry Analysis (Porter) o Competitor Analysis o Competitive Intelligence
• Internal Environment Analysis o Internal Factor Analysis o Organizational Culture o Organization Key success factors o Resource Based Model Analysis o Value Chain Analysis o BCG Growth Matrix
Strategy Recommendations o SWOT o TOWS Strategy
• Possible Recommendations
Justifications and Strategy Choice
• Strategy Analysis (Pro’s & Con’s)
• Selection of Strategy
Action/ Implementation Plan
• Implementation Plan
• Possible Difficulties
References

Barclaycard Case Report and Summary

The case study looked at the credit card market in the United Kingdom specifically looking at the Barclaycard from inception to the year 2003. The case presented before us is an illustration of the nature of the credit card market in the UK from one perspective and in this analysis, information from third party sources was carefully selected an utilized to enable the improved strategy formulation through the triple loop (emergent) model. This model fundamentally looks at an outside the box solution to the organizations situation and not necessarily the tightening of controls of strategic change. The task at hand is therefore to identify Barclaycards previous strategies post the 2003 period from external sources and to formulate a new overall strategy that the organization can adopt through the careful implementation of strategic management tools, their analysis and justification leading to a carefully developed action plan for the company.

The analysis that is undertaken in this paper follows the triple loop strategy framework whereby,



References: • Barney, J. (1991). Journal of Management. Firm Resources and Sustained Competitve Advantage , 99-120. • NetMBA. (2008, 09 10). Retrieved 09 10, 2008, from Businees Knowledge Centre: http://netmba.com/strategy/matrix/bcg/ • Pitts, R.A.,& Lei,d. . (1996). Strategic Management: Building and Sustaining Competitive Advantage. Minneapolis: West Publishing Company. • David, F Strategic Management, Columbus:Merrill Publishing Company, 1989 Buzzell, R. and Gale, B. The PIMS Principles: Linking Strategy to Performance, Free Press, New York, 1987. • Hamel, G. & Prahalad, C.K. “Strategic Intent”, Harvard Business Review, May–June 1989. • (2008, September 17). Retrieved September 24, 2008, from UK Department for Business, Enterprise & Regulatory Reform: www.berr.gov.uk/files/file23663.pdf • B. Baitz-Lazo, J. Womglinpiyarat & D. Wood. (2008, september 25). Corporate Strategy in the UK credit card market: The Case of Barclaycard. Retrieved September 28th, 2008, from Ideas: Economics and Finance Research: http://ideas.repec.org • Collin Hudson, Derek Donnan. (2008). ACI Worldwide - Case Studies. Retrieved September 29th , 2008, from ACI Worldwide - payments software: www.aciworlwide.com/pdfs/CaseStudy_Barclaycard.pdf • Hoffman, G. (2004, June 10th). Investor Relations. Retrieved September 29th, 2008, from Barclays PLC: www.investorrelations.barclays.co.uk • SAS Success Story: Barclays UK. (2008, September). Retrieved September 28th, 2008, from SAS The Power to Know: www.sas.com

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