Subject category:
Strategy and General Management
Published by:
INSEAD
Length: 18 pages
Data source: Field research
Share a link:
https://casecent.re/p/8360
Write a review
|
No reviews for this item
This product has not been used yet
Abstract
This is part of a case series. By 1990, BIS Banking Systems had been climbing to the number one position in the world of the specialized financial (banking) software industry. Its flagship software package, MIDAS, had been installed world wide in more than 400 banks. In April 1990, the company did not seem to meet its expectations in terms of profit. The banking industry went through dramatic changes. The BIS Banking Systems management contemplated whether this was a temporary crisis (within the banking industry), or whether some action was required in the company's (international) strategy and/or organisation.
About
Abstract
This is part of a case series. By 1990, BIS Banking Systems had been climbing to the number one position in the world of the specialized financial (banking) software industry. Its flagship software package, MIDAS, had been installed world wide in more than 400 banks. In April 1990, the company did not seem to meet its expectations in terms of profit. The banking industry went through dramatic changes. The BIS Banking Systems management contemplated whether this was a temporary crisis (within the banking industry), or whether some action was required in the company's (international) strategy and/or organisation.