The Road Ahead: Alternative Model Digitization and Required Developments

Vasant Chintaman Joshi
Additional contact information
Vasant Chintaman Joshi: Bank of India

Chapter Chapter 13 in Digital Finance, Bits and Bytes, 2020, pp 199-200 from Springer

Abstract: Abstract The chapter gives a very broad road map for transition to a complex and difficult changeover. In the first place an easier solution would be to set up a branch for high net-worth individuals and start the operations there when the changeover is being undertaken. This would be a sure way not to disturb/discontinue the operations in legacy system working. In fact it would be an experimental hub. In case this is not possible then there is no option but to take up the challenge and have the required development work at the shop floor level. This practice is now followed by many organizations going in for major changeover. This affords opportunities to staff members working there to air their problems, and also ensures that the developers know exactly what the staff requires. Of course one needs to give proper briefing to the staff and a proper supervised environment to ensure that unnecessary problems are not created. It requires a magician’s skills in keeping a number of colored balls in the air at the same time.

Date: 2020
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-15-3431-7_13

Ordering information: This item can be ordered from
http://www.springer.com/9789811534317

DOI: 10.1007/978-981-15-3431-7_13

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().