Monday, January 26, 2009

Brutal IT Strategy









Financial industry achieves competitive advantage through brutal IT strategy that "kills the competition and takes no prisoners". ...

... "The front office is conducting the war and IT is one of their assets to be deployed on the battlefield and make something work better, cheaper or across a wider geographic area. " ...


Via ComputerWeekly: Banking IT strategy

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posted by Frank M @ 9:06 PM, Read More...  
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2 Comments:

At 6:04 AM, Blogger Craig Brown said...

Last time money was tight process engineering was the cheap way to beat out the competition.

Has IT gotten cheaper or have all the process improvements been made?

 
At 9:32 PM, Blogger Frank M said...

Thanks, Craig. I'm generalizing here ...

Multiple forces have aligned to make IT more efficient / effective .... service management strategies like ITIL, server and storage virtualization, labor arbitrage through outsourcing, standard business systems like ERP, and cheap telcomm.

However, there's still more room to improve, including process improvements.

The game remains the same.

 

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