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Barclays Bank

C/M/1242. Scientific management: approaches to decision-making about new pension scheme at Barclays

WORDS:
3000
DATE:
2009
PRICE:
39.99 GBP

The paper looks at the recent changes in pension schemes instituted by Barclays Group in response to the challenges posed by the financial crisis. The paper responds to the following tasks: Describe a situation in an organisation / industry which may be considered as problematic. Review appropriate management science methods for analysing the situation and recommending the most suitable method(s), giving reasons for the recommendations. Build a model of the problem using the chosen method(s). Discuss the limitations of the model developed, and the significance of these limitations. Discuss the process of exploring the model, arriving at recommended actions and implementing these actions within the culture of the organisation.

 

KEYWORDS: Barclays, pension schemes, scientific management, decision-making,

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