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St.George Bank Name of the University Author's Note: Strategic Information System: St.George Bank Name of the Student Name of the University

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Added on  2020-05-28

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5STRATEGIC INFORMATION SYSTEM STRATEGIC INFORMATION SYSTEM Strategic Information System: St.George Bank Name of the Student Name of the University Author’s Note: Introduction 2 Discussion 3 1. The strategic information system provides several scopes to the organisations so that the existing business operations can get enhanced. The strategic information system can help St.George Bank to accompany Westpac in conducting the financial activities (Baird 2018).

St.George Bank Name of the University Author's Note: Strategic Information System: St.George Bank Name of the Student Name of the University

   Added on 2020-05-28

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Running head: STRATEGIC INFORMATION SYSTEMStrategic Information System: St.George BankName of the StudentName of the UniversityAuthor’s Note:
St.George Bank Name of the University Author's Note: Strategic Information System: St.George Bank Name of the Student Name of the University_1
1STRATEGIC INFORMATION SYSTEMTable of ContentsIntroduction................................................................................................................................2Discussion..................................................................................................................................31. Comparing and contrasting the issues and the challenges that can St.George Bank faces42. St.George Bank’s IS adaptation and critical Evaluation of IS Strategy.............................63. St.George Bank’s facilitates after adaptation of new and innovative ideas.......................74. Outsourcing vs End-User Computing in St.George Bank.................................................95. Strategic Information adding value to St.George Bank with the help of IT/ IS Strategy116. Critically discussion of Good Internal Control................................................................12Conclusion................................................................................................................................13References................................................................................................................................15
St.George Bank Name of the University Author's Note: Strategic Information System: St.George Bank Name of the Student Name of the University_2
2STRATEGIC INFORMATION SYSTEMIntroductionStrategic information system defines a set of guidelines for the organisation. Theorganisations can make appropriate plans and strategies following the guidelines. Thestrategies will help the companies to enrich their business operations. The organisations caneven get the competitive edge due to the adaptation of the strategic information system. Theorganisations can store data; the organisations can access data and process data better easilyand effectively with the aid of the information system (Kamariotou and Kitsios 2018). Thestrategic information system provides several scopes to the organisations so that the existingbusiness operations can get enhanced. The report chooses St.George Bank as the case study. The bank is being suggested totake up the strategic information to enrich their business functionalities. The bank with thehelp of strategic information system can serve customers well (Asare and Conger 2018). Thecustomers can get enhanced security, and they can enjoy St.George Bank’ banking service.St.George Bank can store data; can access data and process data in the agile and effectiveway. The strategic information system can help St.George Bank to accompany Westpac inconducting the financial activities (Baird 2018). The report illustrates the strategicinformation system's six major components. There are several risks and challenges associatedwith the project activities. The planners have faced several challenges while implementingthe strategic information system on their premises. The report illustrates the challenges. Thecomponents like end-user computing, outsourcing has been defined in the report. The ISstrategy definitely adds value to enterprises. The report elaborates on details how St.GeorgeBank should use strategic information system for the betterment of the bank. The strategicinformation has the capability to bring innovations in the bank premises. The strategicinformation system also helps in evaluating the internal control.
St.George Bank Name of the University Author's Note: Strategic Information System: St.George Bank Name of the Student Name of the University_3
3STRATEGIC INFORMATION SYSTEMDiscussionSt.George Bank St.George Bank is one of the banks of Australia, headquarter of the bank is located inSydney. St.George Bank merges with Westpac Banking Corporation in the year 2008. Thebank provides services to the customers of New South Wales. St.George Bank also offersservice in Western Australia, Victoria and Queensland. They also conduct business activitiesand financial activities in Northern Territory and South Australia under Bank SA, Bank SA isa division of Westpac well (Asare and Conger 2018). St.George Bank has a large number ofsubsidiaries in Australia. The bank has also many ATMs based in Australia. St.George Bankconducts back office operations in India as well.In the year 2007, Paul Fegan was appointed as the CEO of St.George Bank. GailKelly was CEO of St.George Bank earlier. He departed St.George Bank in the year 2007 andbecame CEO of Westpac Banking Corporation group (Baird 2018). In the year 2008, bothSt.George Bank merged with Westpac. St.George Bank is known to provide customer friendly and customer orientedservices. The bank competes with the ‘big four’ banks of Australia, though they are part ofWestpac. St.George Bank at one time was identified as the customer service leader, but theyfailed to retain their position. The big four’ banks of Australia grab the top position.However, recent survey illustrates that St.George Bank is trying to regain their position. Theyare trying to fill up their loopholes (Kamariotou and Kitsios 2018). St.George Bank providesspecialisation in home and customer lending, however, the bank now provides fundingservice to the specialist industries. They also provide funding services to various marketsegments which include trade finance, invoice discounting, commercial property
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