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Challenge
In many organisations we find the situation that business managers and IT people are speaking "different languages". As a result both areas remain separated - each part doing what they understand to be the best for the company. However if on the one hand the business community could formulate their needs clearly and IT would be managed effectively towards meeting these business objectives and if on the other hand IT would be able to effectively communicate its options, opportunities and restrictions the whole IT would be much more cost-effective and productive.
Solution
What is needed is an effective bridge between the "two worlds" - This would answer questions like
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 | What are the prioritised business requirements? |
| Which IT systems / developments / projects do we really need? And with which priorities? |
| When will we regain the IT investments that we now plan? |
| Who is responsible for IT expenditure / investments? |
| And many more … |
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Our Approach
Our approach concentrates on developing a concept for the integration of strategic banking goals and their support through information technology that includes:
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Business Management of IT
Responsibilities and accountabilities of strategic business units (SBUs) versus IT, best practices of IT project management, service level agreements between SBUs and IT, etc.
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Business Case Analysis
How to allocate scarce resources of IT projects (methodology, approach to SBUs sharing IT investments and trade off against requirements, ensuring benefits are measurable and finally reached, etc.)
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Financial Control of IT Investment
Allocation of IT costs across different SBUs, accountabilities, budgeting, contracts, project control etc.
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IT Product Planning and Estimating
Prioritising requirements for IT investments, estimating resources, etc.
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