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What is Morgan Stanley IT Underinvestment Case Study about?

Morgan Stanley underinvested in information technology when the stock market crashed in 2001. The CEO believed the market recovery would be slow, so he prioritized cost-cutting over revenue growth. This led him to underinvest in IT. The merger with Dean Witter was disruptive as the retail brokerage group was not well integrated and had incompatible systems. Upgrading Dean Witter

Author

Faizan Haider

Language

EN