- 20 Marks
BSIM – APR 2023 – L3 – Q7 – Change Management in Core Banking Implementation
Discuss risks of lacking effective change management in core banking implementation and measures to minimize them.
Question
You have been invited to an interview for a managerial position at your bank. If you are successful, you will be responsible for championing the implementation of a new core banking system. A member of the interview panel has asked you to demonstrate your appreciation of change management. You are required to discuss the risks associated with a lack of effective change management during the implementation of the core banking systems, and the measures which must be implemented to minimise the risks.
[20 Marks]
Find Related Questions by Tags, levels, etc.
- Tags: Change Management, Core Banking Systems, Implementation, Measures, Minimization, Risks
- Level: Level 3
- Topic: implementing change
- Series: APR 2023
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