Banknorth: Designing it Governance for a Growth-Oriented Business Enviornment

23 Pages Posted: 9 Feb 2005

See all articles by Francisco Gonzalez-Meza Hoffmann

Francisco Gonzalez-Meza Hoffmann

Massachusetts Institute of Technology (MIT) - Sloan School of Management

Peter Weill

Massachusetts Institute of Technology (MIT) - Center for Information Systems Research (CISR)

Date Written: March 2007

Abstract

This case describes the challenges of implementation of IT Governance in a regional New England bank experiencing explosive and very profitable growth through mergers and acquisitions. Led by the CIO the new IT governance framework and implementation go wells beyond the IT department: business processes, culture and strategies are involved. Six months after implementation the CIO assess the effectiveness of the new IT governance framework and thinks about fine tuning.

Keywords: IT governance, governance framework

Suggested Citation

Hoffmann, Francisco Gonzalez-Meza and Weill, Peter, Banknorth: Designing it Governance for a Growth-Oriented Business Enviornment (March 2007). MIT Sloan Working Paper No. 4526-04; CIS Research Working Paper No. 350, Available at SSRN: https://ssrn.com/abstract=664614 or http://dx.doi.org/10.2139/ssrn.664614

Francisco Gonzalez-Meza Hoffmann

Massachusetts Institute of Technology (MIT) - Sloan School of Management

100 Main Street
E62-416
Cambridge, MA 02142
United States

Peter Weill (Contact Author)

Massachusetts Institute of Technology (MIT) - Center for Information Systems Research (CISR) ( email )

Sloan School of Management
245 First Street, E94-15th Floor
Cambridge, MA 02142
United States
617-253-2930 (Phone)

HOME PAGE: http://cisr.mit.edu

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
584
Abstract Views
3,463
Rank
85,658
PlumX Metrics