Analysis Report: Barclays Bank and IT, Ethics, Network, Intranet, SDLC

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This report provides a comprehensive analysis of Barclays Bank, examining the role of Information Technology (IT) in its success, ethical and social issues pertinent to its operations, various networking technologies, the importance of Intranet and Internet, and the stages of the System Development Life Cycle (SDLC). The report reviews literature on these topics, analyzing Barclays' IT investments, ethical compliance, network usage (WAN and WLAN), and Intranet portal (Barclays Live). It highlights how IT enhances efficiency, improves communication, and addresses ethical concerns such as data security. The analysis also considers potential drawbacks of IT, such as job security and vulnerabilities to cyber threats. The report concludes with recommendations for Barclays Bank based on the gathered information, aiming to optimize its IT infrastructure and address business challenges effectively.
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REPORT
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EXECUTIVE SUMMARY
This report highlights the view point of the different author and also highlights the analysis on
the Barclays bank on the topic Role of IT in the success or failure of your organisation, Ethical
and social issues that pertain to running businesses, Identify and differentiate between different
types of networking technologies, Importance of Intranet and Internet in your business and List
and explain the different stage of system development life cycle. After that report highlights the
recommendation for the Barclays bank on the basis of the information of gather in analysis.
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Table of Contents
EXECUTIVE SUMMARY.............................................................................................................2
INTRODUCTION...........................................................................................................................4
LITERATURE REVIEW................................................................................................................4
ANALYSIS......................................................................................................................................7
RECOMMENDATION...................................................................................................................8
CONCLUSION................................................................................................................................9
REFERENCES................................................................................................................................9
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INTRODUCTION
Information technology is the the study or use of systems (especially computers and
telecommunications) for storing, retrieving, and sending information. This report is based on the
Barclays bank. This report highlights the literature review and the analysis of the Barclays bank
on the basis of the different topic related to the Information Technology, Internet, SLDC and the
Ethical and social Issue. In the end report highlights the Recommendation which may be helpful
for the Barclays Bank on the basis of the information gather from the Analysis.
MAIN BODY
LITERATURE REVIEW
Theme 1: Role of IT in the success or failure of your organisation
As per the view point of Saleh, (2018) Information technology (IT) has become back born for the
every business plan. Use of the IT is done by every organization irrespective of the scale at
which they operate i.e. from multinational cooperation ho used to maintain the database to a
small business who used to own a single computer. IT used to play a very crucial role in the
performance of the organization in today's scenario as It used to bring the convenient way of the
communication for the organization as email is the principal way of the communication in
between employee, suppliers and customer. As communication used to play a crucial role in
Planning, organizing, leading and controlling the operation of the business IT used to play a very
crucial role in improving the communication in the organization. As per the view of the Lv and
et.al., (2019) IT also used to brings the Inventory management and Data management system for
the organization as when it comes on managing the inventory for the organization organization
require to maintain stock to meet demand in the market. IT helps the organization in tracking and
triggering an order of additional stock when quantity fall. IT helps the business in managing the
data in more proficient way as days of large file rooms are replaced by the IT. It has also helped
the organization in improving the way organization design and manage customer relationship. As
employees, inventory, Data and customer are the integral part for any business success it can be
said that IT used to play a crucial role in organization success or failure.
Theme 2: Ethical and social issues that pertain to running businesses
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As per the view point of Wood and Logsdon, (2017) there are many ethical and social issue
which used to be their in a business and that used to run the business in today's scenario as global
business environment is becoming more complex as compare to the past. Irrespective of the
environment every business have the responsibility to develop own code of conduct and ethics
which every employee follow in the organization. Trust and respectful workplace is the biggest
ethical issue which is running the business as it is the business responsibility to provide a
Diversity and respectful workplace where all employee have a equal opportunity to showcase
their talent. Worker health and safety is the biggest social issue which used to run the business as
it is responsibility of the business owner to make sure that they offer the workplace which is safe
enough for the worker to work in. As per the view Kopnina and Blewitt, (2018) Compliance and
Governance issue are the other big ethical issue which used to run the business in current
scenario as all the business are expected to comply with environmental laws, federal and state
safety regulations, fiscal and monetary reporting statutes and all applicable civil rights laws.
Theme 3: Identify and differentiate between different types of networking technologies
As per the though of Batalla and et.al., (2016) There are many types of the networking
technology and they are difference from each other. Such as LAN and PAN are the two type of
the networking technology LAN stand for Local area network. LAN used to connect the group of
the computer and low voltage device together across short distance. At the other end Pan is the
type of the network which is made up of a modem, computer or two, phone printer and tablet and
generally used to revolves around one person in the building. LAN is bigger and stronger in
network as compare to the PAN who used to work in the small location and also used to form the
small group with the other device.
As per the view point of Winzer, (2018) WLAN and WAN are the other two type of the
networking technology. WLAN as the name suggest is the wireless local area network which is
seen in the same type of the devices such as LAN. These network also used to connect the group
of computer together without uses of any physical cable to connect to the network. At the other
end WAN used to connect the computer just like WAN but for longer period of the Physical
distance. So the biggest difference in between the WLAN and WAN is that WLAN used to
connect the computer in a smaller physical distance as compare to the WAN who used to connect
two computer even when it is mile apart from each other.
Theme 4: Importance of Intranet and Internet in your business
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In the view point of Ronchi, (2018) Internet and Intranet has become back born of every
operation which used to take place in the organization. Specially internet as used to provide
many benefits to the business as internet provides the wider marketing option for the
organization and help the business in finding out the different tool for market research and
product development. Internet helps the business in providing the different tool which can be
used by the organization to measure and evaluate the performance and growth of the business.
The biggest benefit which has been provided by the Internet is that it has reduce the Presence of
the Human resource in the operation of the business which has eventually reduces the presence
of bias, chance of the fraud and also conflict occurrence in the organization. In the view point of
Soto-Acosta, Popa and Palacios-Marqués, (2016) Intranet also used to provide the variety of the
benefit to the business as Intranet helps the business in improving the employee engagement in
the organization which eventually helps the business in improving the morale of the employee in
the organization. Intranet also helps the business in managing the information and document of
the organization in also more proficient way and enhanced project management in the
organization.
Theme 5: List and explain the different stage of system development life cycle
As per the view point of Notarnicola and et.al., (2017) there are seven stages of the system
development life cycle which starts from the first stage of the planning in which organization has
to decide in advance what are the step will be taken by the organization. The second stage of the
SLDC is the System Analysis and requirement stage in which the organization will need to
evaluate the performance of the software at various stage and need to note the further
requirement of the same. Next stage will be of a Design in which organization has a idea of the
software that is need and the organization has to design the application, network, databases, user
interfaces, and system interfaces. Next step in the cycle is development in which organization
has to build the information system of the own and in the next of integrating and testing
organization has to conduct the testing process of the same to check the software developed.
Implementation is the next step in the SLDC in which organization has to implement the
software into the operation of the business after successful testing of the software and in the end
in the stage of the maintenance in which organization has to make sure that the software which is
developed is maintained and upgraded on the regular basis.
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ANALYSIS
Barclays used to invest very heavily in the IT as it helps them in improving the imagination and
innovation in the organization. Barclays used to invest 250 million pound in technology change
project, which help them in processing 100 trillion of payment in the bank every year.
As Barclays Bank is looking to invest heavily to procure the Information technology for
the bank it can prove to be beneficial for the organization as IT will be bring the variety of the
benefits for the organization which can prove beneficial for the Barclays in improving the
efficiency in the bank (Wu and et.al., 2015). IT will help the business in bringing down many
boundaries in the organization as sharing the information , knowledge, communication and
relationship between the consumer will get easier for the bank as language and culture difference
is the one which will be differentiate. Another benefit which will be brought by the IT is that it
will help the bank in increasing the cost effectiveness and productivity of the business as Human
interference will be replace by the automation. IT can also prove to be reason of the failure of the
business as IT will give the séance of lack of job security to the employee which will create the
bad working environment in the organization. Thieves and hackers are another reason be which
IT can harm the organization.
In today's scenario it has been found that every organization are having some or the
different ethical and social issue which is running the business, Barclays Bank is also having
some of them but it can be said that due to the good and strong ethical value organization in able
to defend the pertaining issue very successfully. It has been observed that Compliance and
government issue is the biggest ethical issue which is running the business of the Barclays bank
as Barclays bank used to financial institute they have to follow the different laws and regulation
before making or taking any decision in the organization. Trust and respectful work force is the
issue which is defend by the organization by organization different formal and informal meeting
and proving training employee to the worker in the organization.
Barclays are having many option in front of them in which network technology they have
to invest looking on the benefit which is offered by the different networking technologies. After
observing the operation of the Barclays it can be said that WAN and WLAN are the two type of
the network which are used by the Barclays as WAN helps the organization in be connection
with all the department of the Barclays at once as it helps the business in bring the simplicity in
the operation of the business and increasing the communication, information sharing and
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knowledge in the organization (Dijkman and et.al., 2015). WLAN is the another network which
is used by the organization as it will help the company in increasing the efficiency and
productivity as WLAN helps the business in increasing the speed of the work in the organization.
Their are many benefit which are brought by the Intranet and Internet to the Barclays as
Barclays uses Barclays live as their intranet portal in which helps the organization in boosting
the morale of the employee as all the employee are always asked to give their suggestion on the
working which is going in the organization which helps the business in improving the working
culture in the organization. Intranet also helps the organization in maintaining the important in a
secure end as all the data which is important performance of the business are uploaded in the
same. Internet has also helped the business in many ways as by the help of the internet only
company is able to offer the variety of the services to the customer such as 24*7 banking or
internet banking which has helped the organization in gaining the competitive advantage and
also helped the company in using different tool which can be used by the organization to
measure and evaluate the performance and growth of the business (Wu and et.al., 2015).
Barclays uses the SDLC for every new software which is brought in the organization.
Barclays has brought the new mobile app for the student with the help of SLDC in which at first
stage of planning organization has collected the information about the issue faced by the old app
and gathered information to launch new one. At second step they hire the new technician to
develop the app (Stark, 2015). In third stage organization have approved the idea of the new
technician and in the next step the app was ready after proper testing of the app it was launched
for the customer and it is measured on the basis of the standard set by the organization. If
Barclays have not used the SLDC then it might happen that the organization is not able to known
the real issue which have faced by the old app and also it may have taken the longer time period
for the organization to launch the new product as SLDC has helped the business in bringing
simplicity of work in organization.
RECOMMENDATION
After going through the analysis of the Barclays bank it has been recommended to the bank that
as they are investing very heavily in the IT part so that they have to make sure that they are not
over depended on the IT as IT can be proved as a reason for the failure for the organization also
as IT opens the many rooms for the Hackers to thief the data. IT also brings the uncertainty
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among the employee in the organization as it increases the job insecurity among Human
resource.
Another recommendation to the bank is that bank also can use the PAN networking technology
as the technology network it will help the company in reducing the complexity of the network in
the organization. PAN network will also reduce the confusion in the organization as all the
employee will be having their own network. PAN can be installed for the senior authority who
used to work remotely.
Another recommendation to the Barclays is that the organization may improve the
implementation of the SLDC implementation in the organization as organization can install the
proper testing criteria in the organization and also can use different monitoring strategy such as
organizing different survey to test the performance and satisfaction of the employee in the
organization.
CONCLUSION
After going through the above report it has been summarized that Information technology
used to be the back born of the organizational success now a days as it provides the variety of the
benefits to the organization. IT has been also summarized that IT used to play a key role in the
success of the Barclays and also Barclays used to take the advantage of the IT in their operations.
After that it has been summarized that there are many benefits of the Internet and Intranet and
Barclays also used to used the same for increasing number of service offer to the customer. In the
end it has been summarized that SLDC used to have the seven stage process which requires to be
implement by the organization to introduce the new product in the market.
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REFERENCES
Books and Journal
Batalla, J.M. and et.al., 2016. On cohabitating networking technologies with common wireless
access for home automation system purposes. IEEE Wireless Communications, 23(5),
pp.76-83.
Dijkman, R.M. and et.al., 2015. Business models for the Internet of Things. International
Journal of Information Management. 35(6). pp.672-678.
Fang, L.L. and et.al., 2016. Life cycle assessment as development and decision support tool for
wastewater resource recovery technology. Water research, 88, pp.538-549.
Kopnina, H. and Blewitt, J., 2018. Sustainable business: Key issues. Routledge.
Li, Y. and et.al., 2018. Instantaneous Coastline Extraction from LIDAR Point Cloud and High
Resolution Remote Sensing Imagery. ISPRS-International Archives of the
Photogrammetry, Remote Sensing and Spatial Information Sciences. pp.975-979.
Lv, Y. and et.al., 2019. Summary of Digital Copyright Protection Based on Blockchain
Technology. Remote Sensing Science, 7.
Notarnicola, B. and et.al., 2017. The role of life cycle assessment in supporting sustainable agri-
food systems: A review of the challenges. Journal of Cleaner Production. 140. pp.399-
409.
Ronchi, S., 2018. The Internet and the customer-supplier relationship. Routledge.
Saleh, S.M., 2018. the role of infomation system quality and managerial competency on
organization's performance(Doctoral dissertation, University of Bahrain).
Soto-Acosta, P., Popa, S. and Palacios-Marqués, D., 2016. E-business, organizational innovation
and firm performance in manufacturing SMEs: an empirical study in
Spain. Technological and Economic Development of Economy. 22(6). pp.885-904.
Stark, J., 2015. Product lifecycle management. In Product lifecycle management (Volume 1) (pp.
1-29). Springer, Cham.
Vidal, I. and et.al.,2019. Multimedia Networking Technologies, Protocols, and Architectures.
Artech House.
Winzer, P.J., 2018, March. Scaling optical networking technologies for next generation SDM.
In 2018 Optical Fiber Communications Conference and Exposition (OFC) (pp. 1-57).
IEEE.
Wood, D.J. and Logsdon, J.M., 2017. Theorising business citizenship. In Perspectives on
corporate citizenship (pp. 83-103). Routledge.
Wu, L.Z. and et.al., 2015. CEO ethical leadership and corporate social responsibility: A
moderated mediation model. Journal of Business Ethics. 130(4). pp.819-831.
ONLINE
Barclays Bank Data. 2019. [ONLINE]. Available Through :<https://home.barclays/careers/find-
a-job/technology/>.
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