Strategic IT management in Brazilian banks

Author

Nogueira, A. Roberto R ; Reinhard, Nicolau

Author_Institution

Fed. Univ. of Rio de Janeiro, Brazil

fYear

2000

fDate

4-7 Jan. 2000

Abstract

Success in the competition in the banking business is related to the development of core competencies, strategic alliances and long term strategic planning. Significant changes in the Brazilian financial sector have required banks to continually reinvent their business supported by adequate strategies and resource management. This paper, based on a survey of Brazilian banks, shows that the effectiveness of IT management is strongly related to the alignment of human resources management and formalization of the planning process. These variables influence their economic performance and ability to "compete for the future". The survey results are useful in establishing the proper alignment of strategic IT management with corporate management and emphasize the importance of human resources and formal planning in this process.

Keywords

DP management; bank data processing; human resource management; information technology; strategic planning; Brazilian banks; business; corporate management; economic performance; financial sector; human resources management; resource management; strategic IT management; strategic alliances; strategic planning; survey; Business; Financial management; Human resource management; Investments; Performance analysis; Process planning; Resource management; Strategic planning; Technological innovation; Tellurium;

fLanguage

English

Publisher

ieee

Conference_Titel

System Sciences, 2000. Proceedings of the 33rd Annual Hawaii International Conference on

Print_ISBN

0-7695-0493-0

Type

conf

DOI

10.1109/HICSS.2000.926916

Filename

926916