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The Future of Banking-andhrabank-nov4-04.pdf - IDRBT

The Future of Banking-andhrabank-nov4-04.pdf - IDRBT

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Issues in Implementation<br />

“Less than 10% <strong>of</strong> failures are due to technical snags – most are due to<br />

poor management and implementation”<br />

INSTITUTE FOR DEVELOPMENT AND<br />

RESEARCH IN BANKING TECHNOLOGY<br />

November 4, 2004<br />

Resistance to change<br />

Overlooking process<br />

reengineering<br />

Project management<br />

Dedicated project teams<br />

Change management<br />

Policies<br />

People Skills & Training<br />

Basic Infrastructure – telecom,<br />

power<br />

Security<br />

Privacy & confidentiality<br />

Legal and regulatory issues<br />

Vepa Kamesam, Chairman <strong>IDRBT</strong>

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