Case Study: Industrial Engineering Company
This FTSE 250 company operates a number of organisations globally mainly delivering advanced industrial engineering products.
The company had a number of disparate IT departments that were run on a federated model. The programme was looking to harmonise the IT functions and bring these into a central centre of excellence whilst also moving the IT operations into the Cloud and harmonising the services.
What Our Associate Did
Assess the Health of the Programme
The programme had spent 40% of the budget and hadn’t delivered any live services. The Associate reviewed the goals, progress and governance of the programme with the companies Finance and IT teams. This involved looking at benchmarks across the sector to provide a top-down estimate, as well as looking at a full bottom-up to explore the opportunities.
Conclusion of the review
After reviewing the business case it was evident there were numerous delivery costs missing from the business case and a number of overly optimistic benefits in the business case. In addition, it was clear that the wider business was not aligned to the programme and there were significant governance issues that were impacting the delivery of the programme. After a review with the executive team to reconfirm the findings and look at options, a new plan was devised.
Focus on foundations and security
The Associate developed a transitional plan to allow the benefits to be realised at minimal cost, including critical work to shore up the security of the operation and lay the foundation for the incoming permanent CIO.
The programme was reformed and the remaining budget of £10m was placed on hold whilst a number of smaller no-regret projects were commissioned to deliver a more stable IT operation. Work to define the wider IT strategy was started to ensure future plans were better aligned to the business strategy.