Transformation – Knowsia

BSIM – April 2024 – L3 – Q8 – Impact of IMS and FinTech, Strategic Alignment with IS

Examine four real-life impacts of IMS and FinTech on financial services, and explain four strategic reasons for aligning bank vision with information systems.

Question

a. Examine four (4) real-life instances illustrating the transformative impact of implementing an Information Management System and FinTech on Financial Service Delivery. (10 marks)

b. State and explain four (4) strategic reasons why a bank’s Executive Management team will have to adopt and align the Bank’s Vision, Mission, Strategic Goals and Objectives with its Information Systems. (10 marks)

Answer

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Topic: INFORMATION SYSTEMS AND COMPETITIVE POSITION
Series: APR 2024

SCS – Aug 2022 – L3 – Q6 – Strategy Implementation

Application of Lewin's change model to propose a transformation plan for Bazar's management style from authoritarian to a more open style.

Question

The management style of Bazar is in transition from a somehow authoritarian style described by some managers as almost autocratic and militaristic to a more ‘open’ style that encourages managers and supervisors to seek ideas from staff and to operate in an informal manner.

Required:
Using Lewin’s Model for Managing Change, (unfreeze, change, re-freeze) suggest an approach to introducing planned transformational change in the management style of Bazar.

Answer

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Tags: Change Management, Lewin's Model, Re-freezing, Transformation, Unfreezing
Level: Level 3

Topic: Strategy implementation
Series: AUG 2022

BSIM – April 2024 – L3 – Q8 – Impact of IMS and FinTech, Strategic Alignment with IS

Examine four real-life impacts of IMS and FinTech on financial services, and explain four strategic reasons for aligning bank vision with information systems.

Question

a. Examine four (4) real-life instances illustrating the transformative impact of implementing an Information Management System and FinTech on Financial Service Delivery. (10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Topic: INFORMATION SYSTEMS AND COMPETITIVE POSITION
Series: APR 2024

SCS – Aug 2022 – L3 – Q6 – Strategy Implementation

Application of Lewin's change model to propose a transformation plan for Bazar's management style from authoritarian to a more open style.

Question

Required:
Using Lewin’s Model for Managing Change, (unfreeze, change, re-freeze) suggest an approach to introducing planned transformational change in the management style of Bazar.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Change Management, Lewin's Model, Re-freezing, Transformation, Unfreezing
Level: Level 3

Topic: Strategy implementation
Series: AUG 2022

Question Tag: Transformation

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BSIM – April 2024 – L3 – Q8 – Impact of IMS and FinTech, Strategic Alignment with IS

Examine four real-life impacts of IMS and FinTech on financial services, and explain four strategic reasons for aligning bank vision with information systems.

SCS – Aug 2022 – L3 – Q6 – Strategy Implementation

Application of Lewin's change model to propose a transformation plan for Bazar's management style from authoritarian to a more open style.

BSIM – April 2024 – L3 – Q8 – Impact of IMS and FinTech, Strategic Alignment with IS

Examine four real-life impacts of IMS and FinTech on financial services, and explain four strategic reasons for aligning bank vision with information systems.

SCS – Aug 2022 – L3 – Q6 – Strategy Implementation

Application of Lewin's change model to propose a transformation plan for Bazar's management style from authoritarian to a more open style.

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BSIM – April 2024 – L3 – Q8 – Impact of IMS and FinTech, Strategic Alignment with IS

Examine four real-life impacts of IMS and FinTech on financial services, and explain four strategic reasons for aligning bank vision with information systems.

You're reporting an error for "BSIM – April 2024 – L3 – Q8 – Impact of IMS and FinTech, Strategic Alignment with IS"

SCS – Aug 2022 – L3 – Q6 – Strategy Implementation

Application of Lewin's change model to propose a transformation plan for Bazar's management style from authoritarian to a more open style.

You're reporting an error for "SCS – Aug 2022 – L3 – Q6 – Strategy Implementation"

BSIM – April 2024 – L3 – Q8 – Impact of IMS and FinTech, Strategic Alignment with IS

Examine four real-life impacts of IMS and FinTech on financial services, and explain four strategic reasons for aligning bank vision with information systems.

You're reporting an error for "BSIM – April 2024 – L3 – Q8 – Impact of IMS and FinTech, Strategic Alignment with IS"

SCS – Aug 2022 – L3 – Q6 – Strategy Implementation

Application of Lewin's change model to propose a transformation plan for Bazar's management style from authoritarian to a more open style.

You're reporting an error for "SCS – Aug 2022 – L3 – Q6 – Strategy Implementation"

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