An outline of how bank management can manage change, streamline costs, integrate information systems, and improve performance relative to the entry of non-bank institutions such as Walmart, UPS, and ING.
Written in 2006; 1,575 words; 6 sources; $ 62.95
Paper Summary:
This paper describes an integrated process of project management, operations management, and information management to plan and execute an online banking overhaul for a (fictional) Sun Valley Bank. Each type of business management is outlined step-by-step, and suggestions are made for how each ties into the other in order to improve company performance.
From the Paper:
"With the proliferation of today's consumer and business financial needs, coupled with available technology solutions, easing of regulatory constraints, and willingness of new players to enter the marketplace, banks face more competition than ever from financial product providers that traditionally were not significant players in the banking industry (Bitler, Robb, and Wolken, 2001, p. 184)."
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