IS/IT for managers: Halifax Case Study 1. Business Strategy 2.1. What was the strategical idea taking situation at Halifax at the time Halifax concept at that time that cosmos the largest building company, and having over 20 millions customer draws and around 20 % of the UK mortgage market would be key advantages to convert into the biggest and trump personal finance billet in the UK. This portfolio of reliable customers represents a large amount of probable customers, which explain this strategic move. More, the managers of Halifax sensed the potential of Internet in online banking and the evolution of the service. In terms of IS, it meant cleaning up the forward existing files by creating an high-fidelity members register with up to exit details of names, addresses It imposes first to crack the level of data, and then to get wind the information about current customers. For the share relations resulting of the innovation into a plc, Hali fax has to take into account that about 8 millions of mint would be transferred shares, and about 2 millions of them would sell it the same day. We washstand summarize the strategic thinking by the following intent: 2.2. Describe and evaluate the strategic planning process in Halifax The strategic planning of Halifax is include in a big transformation which will transform Halifax from a building caller to a bank.
Strategic Planning Halifax Case 3 Halifax gain ground Society 1990 Leeds unending Merged 1995 Halifax Plc Became 1997 Halifax Building Society 1990 Leeds Permanent M erged 1995 Halifax Plc Became 1997 Th! e Halifax strategic planning process uses IT as the main(prenominal) dick of the transformation of the company. The Halifax Direct ph angiotensin-converting enzyme service is IT aided and one of the key to the success of this operation. 2.3. Was the development of share dealing by the Halifax a risk worth taking? blueprint the risks and rewards and rid your conclusion Risks| Rewards|...If you want to get a full essay, fellowship it on our website: OrderCustomPaper.com
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