Page 50 - Flip Banks TG
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Cost
Branch Closure/African ops
Barclays
Focus Differentiation
U.S. Digital Technology
U.K./Europe Blockchain
Diagram 8
A fundamental objective of Barclays’ strategy is the drive for
both efficiency and effectiveness which is the combination
of Diagrams 6 and 7.
At the end of the day digital is not just about taking what’s
being done in the physical world and putting it on digital it
requires organisational support, finance and integration.
Barclays is providing such as part of their restructuring
drive. Barclays moreover, has a certain ‘first mover’
advantage on Blockchain and is developing outside
relationships to acquire digital knowledge.