When it comes to IT, many executives face a tricky dilemma: while they see the enormous potential of IT to build new capabilities and drive efficiency through their business, most of them have experienced the frustrating reality of ballooning budgets and limited business benefits. The key to resolving this conundrum is bridging the alignment gap between IT strategy and overall business objectives. Getting this right can have enormous benefits, reducing complexity, creating competitive advantage and driving truly differential business performance.
Results:
- Merged the IT organisations of two consumer products companies operating in 50 countries into a new integrated IT structure. Generated over $60 million in direct IT synergies and created over $250 million in IT-enabled synergies.
- Analysed and recommended for an EMEA financial services firm use of an off-the-shelf core platform technology package for an IT-enabled business transformation and helped manage the implementation. Reduced annual processing volumes by 35 per cent and reduced staff by 20 to 25 per cent.
- Developed a cost-effective and business-aligned future operating model for a leading EMEA utilities company. Enabled the firm to migrate 70 per cent of IT roles to the business units and 24 per cent of IT roles to the new shared services structure.
For more information visit our IT page on bain.com