@article{mircea2021strategic,
  title = {Strategic Approaches to obtain Financial Benefits when using Information Technology},
  author = {Elena MIRCEA},
  year = 2021,
  url = {https://ibimapublishing.com/articles/JEERBE/2021/129455/},
  journal = {Journal of Eastern Europe Research in Business and Economics},
  volume = 2021,
  pages = 9,
  doi = 10.5171/2021.129455,
  abstract = {This last year completely changed humanity and the life we were used to, coming with economic and social challenges. The COVID-19 outbreak reminded humanity that people are not immune to any type of catastrophe, emphasizing the importance of adaptability. Having an agile business is mandatory in order to remain competitive on the market and successful changes are maintained by a strong infrastructure that ensures the operativity. Major investments are needed in productive work and efficient processes, analyzing the overall performance of the company. The aim of this paper is to present the process and the benefits of managing changes in the financial sector when a company is using high-performance information systems, by using specific examples. Information Technology can save a business, however implementing and accepting specific principles and practices can be a hard challenge for the involved people. Digital transformation can bring benefits when IT standard processes are compliant, but can also fail because of not spending enough time analyzing and changing people’s behaviors and organizational culture. Agility consists in the ability to adapt in real time to the new challenges and to embrace changes without impacting the business processes.},
  keywords = {Information Systems, Change Management, Business Strategies, Agile.},
  note = Article ID: 129455
}