...This case study is based on a fusion of recent consulting engagements. EuroBank was embarking on a major change programme aimed at reinventing the core of the organisation over the next 5 years. Business Challenge The Bank had been relatively successful in avoiding the financial meltdown – mostly as a result of some cautious risk management in the early 2000s. Following previous rounds of M&A, the Bank had multiple overlapping systems and products. With strong functionally-organised business units, there was no effective way of challenging their dominance; each department set its own budgets and employed their own IT resources. To set up the Bank for a successful, long-term business simplification change initiative, the Bank started to explore a combination of a centralised Business Architecture initiative and CX programmes. It had to develop both the muscles and reflexes it would need for the transformation ahead. Read More...

...Implementation of IT Governance is being one of the key agenda items in the annual plans of most IT Leader around us today. IT Governance implementation is taken in different approaches in different organizations. For example some organizations will follow a 3 to 5 years roadmap for implementing IT Governance in their organization. To come up with such roadmaps they will undergo a detailed Strategic IT Assessment as a precursor activity. Some organizations will directly take COBIT kind of Integrated IT Governance Framework and will start implementing the principles of COBIT one by one. The biggest drawback of implementing such ready made frameworks from market is not doing a due diligence on whether COBIT needs to be implemented in full or not. Manier times organizations tend to forget to analyze is it beneficial for their IT Organizations to implement COBIT fully. Lack in having such a due diligence at first will result in wrongly focused IT Governance Implementation wasting efforts and money. Read More...

...Big Data is becoming a new technology focus both in science and industry, and motivate technology shift to data centric architecture and operational models. There is a vital need to define the basic information/semantic models, architecture components and operational models that together comprise a so-called Big Data Ecosystem. hbspt.cta.load(644390, '536fa098-0590-484b-9e35-a81a31e59ad8', {}); Extended Relational Reference Architecture: This is more about Relational Reference Architecture but components with pink blocks cannot handle big data challenges. Read More...

...It’s not a matter of if but when...  A tech correction is coming. The only remaining question marks are when it will happen and how bad it will be. Let’s take a look at the evidence. The NASDAQ index is now up around 5,000 points, the culmination of a terrific seven-year run in which it has tripled in value. The only other time it reached this level was just before the dot.com crash in 2000. In comparison, the Dow Jones has only risen by half as much over the same time period. Read More...

...Growing buzz around ‘Digital Strategy’[i] and ‘Digital transformation’ has assumed a resounding proportion in recent times. Appearing confounding at one end and quite exhilarating at other end – frenzy built around ‘digital readiness’ has pushed firms to stitch a ragtag Digital Strategy somehow and present a confident face. Without realization that a standalone Digital Strategy in itself is not a winning strategy – rather each dimension of Digital Strategy should remain deeply moored to key themes of firm’s business strategy. Read More...

...Do you know that a whopping 80% of SMEs in Australia lack a strategic social media plan! According to Sensis Social Media Report for 2015, only 33% of businesses have a social media presence compared with 68% of consumers on social media, which means this remains a fairly untapped avenue for SMEs in Australia. Read More...

...If you’ve read my posts before, you know I’ve got this obsession with funnels and flipping them upside down :). Today, I want to talk about another shape: a circle. There’s one particular circle I want to talk about: The Golden Circle.  This innovative concept was presented by… Read More...

...Does anyone remember the 4 stages for learning any new skill? That precious mix of competence and consciousness.. This is somehow the way in which most companies decide to incorporate digital as part of its journey to naturally supply value to their customers. Are these the stages for learning how to face digital transformation? They might be though needed to be said that it was not the purpose of this post. I will go through each of the four stages and I can not deny that there is an autobiographical component in each of them. Nothing less scientific than a life story. Additionally, there is also a bit of a component of a science fiction novel. Maybe I was projecting my own desires. Who knows? Save yourself the last stage if you are one of those professionals who does not enjoy guessing the future. Read More...

...C Introduction People Transformation is essential and bedrock for managing and driving business transformation and preparing for Digital Transformation. Purpose of People Transformation is to help deliver the improvements and benefits that business seeks for employees: Build their capabilities Increase their capacity Intensify their engagement Develop deeper connections between… Read More...