Research On Innovation In Mid-small Joint Stock Commercial Bank

With the challenge of intense market competition and economical globalization, the mid-small joint-stock commercial banks urgently need to speed up the innovation to promote the management and the management level and establish the relatively competitive advantage. But domestic theories about the bank financial innovation don't form a system, we need to card them and summarize the experiences about innovation, which can instruct us to carry on innovation consciously and controllably.In this paper the thoughts are as following: First, I discuss the necessity in the introduction why the mid-small joint-stocks need innovation; Then, I analyze and summarize theories about bank financial innovation; Afterwards, by analyzing the present situation of mid-small joint-stock banks development and some domestic cases, the paper introduces domestic mid-small joint-stock banks'innovation course and the present situation; At the same time, in view of the fact that innovation doesn't lie on theory's logical accuracy, the practice validity, therefore the key point in the paper combining mid-small joint-stock commercial bank's reality is to discuss innovation management, innovation risk control and innovation and supervision by studying the management innovation, the product and the service innovation, as well as the technological innovation; finally, according to the actual situations in XX bank, the paper proposes some feasible suggestions about innovation management thoughts and the innovation way. About the method, the paper combines the theory and the case, the qualitative analysis and the quantitative analysis to draw a conclusion, simultaneously, when analyzing mid-small joint-stock commercial bank's management environment, the paper uses the SWOT analytic method; when analyzing bank innovation and government supervision, the paper uses the Gamble.After analysing and researching,the paper draws a conclusion as followings:the domestic mid-small joint- stock commercial banks must highly emphasis on the financial innovation and establish a system which includes innovation mechanism, organization and procedure; the innovation about product and service should take customers and market as the guidance, and emphasis on intermediary business and the retail service, as well as credit card, private bank, investment bank, derivative finance and so on; must steadily innovate the management, form a correct theory, gradually transit to flatten and matrix form management construction;should pay attention to promote the management and the market competitive power by the technological innovation ; should strengthen the innovation risk management, pay attention to innovation protection and the brand construction..