Tokyo, Japan
September 27, 2007
(注意:2007年6月11日付けの日本語レポートの英訳版が発表されました。)

【英訳版】
The
Critical Career Path:
IT Employee Development in the Japanese Financial Services Industry
Report Published by Celent
In an increasingly competitive market, focusing on
the accumulation of IT knowledge and human resource development is crucial
to the continued success of Japanese financial institutions.
Japan's baby boom generation is beginning
to retire, draining IT expertise from the financial services industry. In
a new report, The Critical Career Path: IT Employee Development in the
Japanese Financial Services Industry, Celent examines the
challenge presented by the "Year 2007 Problem."
The operating environment for financial
institutions has changed dramatically in the past decade. Technology has
become a crucial factor in business strategies. The report addresses the
measures that major Japanese financial institutions are taking to
accumulate IT knowledge, develop and retain employees who understand both
business and IT issues, and use IT to meet changing business demands.
The elements that financial institutions
need to fully utilize IT in their business strategies are:
- Systematic accumulation of IT knowledge
- Development of employees who understand
both business and IT
- Development of flexible systems
- Attractive career paths and fair
evaluation standards
"Even financial institutions that
haven't yet realized the value of these factors will soon be forced to
recognize them," says Yumiko Manchu,
analyst at Celent and author of the report. "They will be facing
competition across industry sectors from overseas firms entering the
Japanese market."
Securities firms have most significantly
incorporated IT knowledge into their business plan, followed by banks and
then insurance companies. Securities firms have already been swept up in
the globalization trend. Banks are groping with generating synergies
between business and IT. The insurance sector, having focused on the
domestic Japanese market for years, has comparatively little recognition
of the importance of technological innovation.
This report has 25 pages and includes
seven charts and one table. A table
of contents is available online.
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