Email Updates RSS
Search

Banking for the Future

By IGI Global on Dec 12, 2011
For organizations to continue to grow and stay competitive, they must constantly pursue innovation and knowledge. With the rapid advancements in business technology, a key element of success is to adapt and accept change in today's ever-evolving economy. If an organization is unable to do so, they risk falling behind and losing out. This is especially true in today's banking industry. With the advent and implementation of new, more efficient banking techniques, it is crucial for a bank to recognize these technological advancements and be ready to capitalize on them and achieve a competitive edge.

These issues and a variety of related topics are addressed in the recent case study titled " Banking for the Future: Starting Anew," written by Yasser Al Saleh and Eric Lou, both of the University of Salford, UK. This case study can be found in one of IGI Global's most recent casebooks, Cases on E-Readiness and Information Systems Management in Organizations: Tools for Maximizing Strategic Alignment, edited by Mustafa Alshawi and Mohammed Arif, also both of the University of Salford, UK.

This case study presents the case of a bank that was established in late 1973 by an initiative from the government as a joint venture between the Ministry of Finance, the Central Bank, all commercial banks registered in the country, insurance companies, and some large industrial investment firms. The before and after IT readiness of the bank is analyzed in this teaching case, and it becomes evident that the use of information systems and information technology is well behind what is normally expected from a bank, which is set up to promote the industrial sector of a major finance center. Through this analysis it is recognized that technology changes too rapidly for a non-specialist to keep up. Therefore, the professional relationship between management and the IS/IT staff is critical to pursue the bank's goals.

Dr. Alshawi and Dr. Arif discuss these issues saying, "The inability to assess organizational readiness to successfully embrace new systems into their work environment will result in wasting time and resources, or even worse, may lead to ICT failure." This case is an excellent depiction of a real world situation and the problems faced when IT readiness is not where it should be. You can learn how to be prepared, capitalize on advancing technology, and accept change. To learn more about e-readiness and this case, please visit www.igi-global.com/chapter/banking-future-starting-anew/61098.

Cases are available for use in the classroom starting at the low student price of $3 per case, per student! Visit www.igi-global.com/cases/browseourcases/requestexaminationcopy.aspx to request a complimentary examination copy of this teaching case or any other case study today!

Browse for more posts in:
E-BusinessTeaching CasesCourse Adoption

No comments Comments

Log in or sign up to comment.
Be the first to comment!

More from IGI Global

May 16, 2024 Sketch the Future
What is sketchnoting, and can it improve learning outcomes and student engagement?
IGI GlobalRead More
EducationInstructional DesignVirtual Learning EnvironmentsBooks & E-BooksResearch Trends
May 14, 2024 IGI Global and Scite Partner to Fortify the Next Generation of Citations
Scite, an award-winning platform used by students and researchers to discover and understand the scientific literature better, has partnered with IGI Global, an independent academic publisher of Business & Management; Scientific, Technical, and Medical (STM); and Education books and journals, to enhance citations and create deeper research insights for its global audience.
IGI GlobalRead More
ArticlesResources for Researchers
May 9, 2024 Navigating the "High" Risks and "High" Rewards of Cannabis Legalization in Medicine
Despite increasing acceptance and legalization of cannabis in some US states, disparities persist in federal marijuana laws, exacerbated by the Biden administration's classification of cannabis as a Schedule I drug. This inconsistency leads to unfair penalties in the criminal justice system, where individuals in legal states can still face federal prosecution.
IGI GlobalRead More
Medical, Healthcare, and Life SciencesBooks & E-BooksResearch Trends
May 2, 2024 Who will Win the AI Chat Wars?
Google has recently introduced its new Gemini platform, which competes with OpenAI's ChatGPT. This platform promises to provide real-time chat with advanced algorithms to meet the increasing demand for instant AI interactions.
IGI GlobalRead More
Computer Science and Information TechnologyArtificial IntelligenceBooks & E-BooksResearch Trends
Apr 25, 2024 How AI Changes the Game with Targeted Advertising and Rapid Upscaling
How can advertisers possibly keep up with billions of unique individuals on the planet? Enter artificial intelligence.
IGI GlobalRead More
Business and ManagementMarketingBooks & E-BooksResearch Trends
Apr 23, 2024 Participate in the IGI Global Annual Academic Publishing Trends & Open Access Survey 2024
In its second year, the IGI Global Annual Academic Publishing Trends & Open Access Survey 2024 seeks to create a realistic outlook on problems faced by the academic community and their potential solutions.
IGI GlobalRead More
Resources for LibrariansResources for ResearchersOpen Access
Apr 18, 2024 Uniting Nations with Multinational Electronic Health Records to Stop Lassa Fever's Pandemic Threat!
The World Health Organization (WHO) has reported a surge in Lassa fever cases in Nigeria, emphasizing the urgent need for containment measures.
IGI GlobalRead More
Medical, Healthcare, and Life SciencesHealthcare Information SystemsBooks & E-BooksResearch Trends
Apr 16, 2024 IGI Global Announces the 2024 Journal Reviewers Award Winners
IGI Global congratulates the winners of this year's Journal Reviewer Award
IGI GlobalRead More
JournalsAwards & RecognitionOpen Access
Apr 15, 2024 What Defines Authorship and Who Should Be Included in a Manuscript’s Byline?
For decades, academic publishing has been plagued with discrepancies surrounding authorship of scholarly research...
IGI GlobalRead More
Books & E-BooksAcquisitions
Apr 15, 2024 Doody’s Selects IGI Global Books for Special Topics List
Two IGI Global publications have been recognized by Doody's for their excellence and niche topic focus.
IGI GlobalRead More
Medical, Healthcare, and Life SciencesMedia and CommunicationsBooks & E-BooksAwards & Recognition
First Previous 1 2 3 4 5 6 7 8 9 10  ... Next Last