Full research proposal
Doctor of Business Administration
25th February 2022
Assignment 1 Coversheet
Candidate Family Name
Khorami
First Name
Abdullah
Candidate ID Number
DBA-Batch 6 (ID No. 12352)
SBA DBA Intake
Feb 2021
DBA Dissertation
Assignment Topic
The effect of Application modernization in
business agility in Finical Sector Industry
Lecturers
Dr. Beenu Mago
Due Date
30 June 2023
Plagiarism Statement
This assignment is the original work of the person whose name is given above. I am aware of and understand the Schools policy on plagiarism, as well as the SBS Swiss Business School procedures, which are detailed in the handbook.
Signed
Note: This assignment should be stapled in the top left corner and should not be bound by other means.
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Executive Summary
Research Proposal
The Effect of Application Modernization in Business Agility in Finical Sector Industry
Main Business Discipline: Technology
Abdullah M. Khorami DBA-Batch 6 (ID No. 12352)
Lecturer: Dr. Beenu Mago
DBA Research paper
Date: 25th June 2023
Word Count: 2974 (excluding section headings, reference list, and appendices)
Table of Contents
Assignment 1 Coversheet 1
Research Proposal 2
Technology: The effect of Application Modernization in Business Agility in Finical Sector Industry 4
1. Introduction 4
2. Background of the study 5
a. Conceptual Diagram 8
b. Research Objectives and Research Questions 8
3. Research Methodology 10
a. Population and Sample 10
b. Data Collection, Editing and Coding 11
4. Research Problem 12
5. Structure of the study 13
6.
References
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https://doi.org/10.1177/0890334419848734.
Bullen, P.B. (no date). How to choose a sample size (for the statistically challenged). Availableat: https://tools4dev.org/resources/how-to-choose-a-sample-size/ (Accessed: 5 January 2022).
Dikert, K., Passivaara, M. & Lassenius, C. (2016) ‘Challenges and success factors for large-scaleagile transformations: A systematic literature review.’ Journal of Systems and Software, 119, 87-108. https://doi.org/10.1016/j.jss.2016.06.013.
Domeher, D., Konadu-Yiadom, E. & Aawaar, G. (2022). Financial innovations and economic growth: Does financial inclusion play a mediating role? Cogent Business and Management, 9(1). https://doi.org/10.1080/23311975.2022.2049670Finchham, J.E. (2008). Response rates and representativeness for surveys, standards and thejournal. American Journal of Pharmaceutical Education, 72(2). https://doi.org/10.5688/aj720243.
Glaschenko, A. (2022, May 16). A definitive guide to application modernization. JMIX. https://www.jmix.io/application-modernization-guide/?utm_source=google_search&utm_medium=cpc&utm_campaign=17297264289&utm_term=app%20modernization&utm_content=139923693274&gclid=CjwKCAjwqauVBhBGEiwAXOepkStNEbPWv7WUeIalDrDMnswX8P2zo_i0SCdZLQq1zsEMgLmpLDcERhoCfwoQAvD_BwE
Iman, N. & Tan, A.W. (2020). The rise and rise of financial technology: The good, the bad and the verdict. Cogent Business and Management, 7(1). https://doi.org/10.1080/23311975.2020.1725309Johnson, J. & Mulder, H. (2015). Modernization in place. CHAOS University System. Availableat: Research Gate,https://researchgate.net/publication/337340069_Mdernization_in_Place(Accessed: 4 January 2022)Johnson, S. & Kwak, J. (2012). Is financial innovation good for the economy? Chicago Journals, 12. https://doi.org/10.1086/663153Kapidani, M. & Luci, E. (2019). The effects on innovation from financial sector development: Evidence from developing countries. Journal of Competitiveness, 11(2), 84-94. https://doi.org/10.7441/joc.2019.02.06
Krasonikolakis, I., Tsarbopulos, M. & Eng, T. (2020). Are incumbent banks bygone in the faceof digital transformation? Journal of General Management, 46(1), 60-69.
https://doi.org/10.1177/0306307020927883aKroszner, R.S. (2000). The economics and politics of financial modernization. FRBNY Economic Policy Review, 2000, 25-37. https://www.newyorkfed.org/medialibrary/media/research/epr/00v06n4/0010kros.pdf
Mathiassen, L. & Pries-Heje. J. (2006). Business agility and diffusion of information technology.
European Journal of Information Systems, 15, pp. 116-119.
https://doi.org/10.1057/palgrave.ejis.3000610.
McKinsey & Company. (2020, April). Next-gen technology transformation in financial services. Available at: https://www.mckinsey.com/~/media/mckinsey/industries/financial%20services/our%20insights/next-gen%20technology%20transformation%20in%20financial%20services/next-gen-technology-transformation-in-financial-services.pdf (Accessed : 4 January 2022).
Nguyen, D.D., Dinh, H.C. & Nguyen, D.V. (2020). Promotion of Fintech application for the modernization of banking-finance system in Vietnam. The Journal of Asian Finance, Economics, and Business, 7(6), 127-131. https://doi.org/10.13106/jafeb.2020.vol17.no6.127.
Oosterhout, M.V. (2010). Business agility and information technology in service organizations [Phd Dissertation, Erasmus University]. Available at: https://repub.eur.nl/pub/19805/EPS2010198LIS9789058922366%20versie%2001072010.pdf (Accessed: 3 January 2022).
Quinn, E & Hirsch, B. (2020). Modernization banking systems: Practical advice to help bankssucceed at core application modernization. Deloitte. Available at: https://www2.deloitte.com/content/dam/Deloitte/us/Documents/financial-services/us-fsi-modernizing-legacy-systems-in-banking.pdf (Accessed: 3 January 2022)Rapyder. (2021, December 9). 7 key benefits of app modernization: Know why you should modernize your legacy applications. https://www.rapyder.com/blogs/7-key-benefits-app-modernization-legacy-applications/
Yip, C., Han, N.R. and Sng. B.L. (2016). Legal and ethical issues in research. Indian Journal of Anesthesa, 60(9), 684-688. https://doi.org/10.4103/0019-5-49.190627.
7. AppendicesAppendix 1: Research LogTable 1: Research and time log for the proposed projectAppendix 2: Outlines Contents of Thesis Literature ReviewThe following are outlining the contents of the thesis literature review:1- Business Agility and its meaning2- Application modernization for agile development of the business3- Significance of integration of information technology and its benefits in times of uncertainty.
4- Digital transformation adopted by the service industry, specifically in bank5- Challenges and risks in the adaptation of application modernization stated by famous research companies6- Meaning of diverting from mainframe legacy software to the newly adapted ones when it comes to application modernization in the banking and financial sectorAppendix 3: Data Collection InstrumentThe Required information received via questionnaire would be about the time to market, cost reduction, and the number of services resulting as an effect of adaptation I application modernization for business agility in the banking industry.
The tentative survey and questionnaire outline is presented in the next section for a clear picture of the bank manager’s questions, entitling I.T. and financial managers in the relevant technological and banking field.
Appendix 4: Quantitative SurveySurvey Disclaimer: The information collected in this survey for the DBA project called “The effect of application modernization in business agility in organizations.” The information you would disclose here would not be provided to any third person or party and would surely be kept confidential. Also, your identity is kept classified to ensure true responses to the questions attached here. Your maximum participation is anticipated and highly apricated. ThanksGender:Age: Strongly disagree(1)Disagree(2)Somewhat disagree (3)Neutral (4)Somewhat agree (5)Agree (6)Strongly agree (7)Application modernization has been a challenge for the bank to integrate Application modernization has posed risks while being in the implementation stage Application modernization has quickened the customer service process Customers feel more connected with the bank than before Customers find it easier to contact the bank personnel for their problems after application modernization The time needed to introduce new products or services has been lesser than before when it comes to marketing The flexibility and portability provided by application modernization is leveraged better now after speedy processing of activities online Since the speed is increased, the number of services offered has increased as well Maintaining outdated software legacy systems was a costly task as compared to application modernization in terms of operational costs 11
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