IT strategy: Difference between revisions

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Ground up {{tag|IT strategy}}
Ground up {{tag|IT strategy}}
The [[innovation paradox]]
==What is your ''hole''?==
==What is your ''hole''?==
what do you want? In Management Consultant speak, what is your “key objective”?  
what do you want? In Management Consultant speak, what is your “key objective”?  
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*To buy new IT (Bottom line expense)
*To buy new IT (Bottom line expense)
*To package/maintain/install IT (Technology resource)
*To package/maintain/install IT (Technology resource)
*To configure new IT for UBS (Technology resource)
*To configure new IT for the firm (Technology resource)
*To configure for use by legal (Legal/Technology resource)
*To configure for use by legal (Legal/Technology resource)
*To train users (internal Legal/Technology resource) - do not underestimate the importance and difficult of this  
*To train users (internal Legal/Technology resource) - do not underestimate the importance and difficult of this  
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**technological: don’t understand/like new technology; significant change fatigue
**technological: don’t understand/like new technology; significant change fatigue
**Technical: Our skill is creating and articulating bespoke solutions, not commoditising standard ones.
**Technical: Our skill is creating and articulating bespoke solutions, not commoditising standard ones.
**Lawyers don’t write well. Legal drafting is convoluted, over-particularised and prone to negotiation and error
**Lawyers don’t write well. Legal drafting is convoluted, over-particularized, prone to formalistic negotiation ([[for the avoidance of doubt]]...) and error (the inevitably missing “[[not]]”)
*User knowledge is imperfect
*User knowledge is imperfect
**Individuals who don’t understand policies are incentivised to apply them literally (being institutionally short an option - see below)  
**Individuals who don’t understand policies are incentivised to apply them literally (being institutionally short an option - see below)  
**Institutional Knowledge: Generally is good (UBS turnover is comparatively low) but we leak institutional knowledge and it is not tracked and captured.
**Institutional Knowledge: Generally is good but we leak institutional knowledge and it is not tracked and captured.
*Institutional knowledge is poor
*Institutional knowledge is poor
**We don’t track our decisions - no MI kept on litigation close shaves; which issues come up and which don’t.
**We don’t track our decisions - no MI kept on litigation close shaves; which issues come up and which don’t.
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**Workshare
**Workshare
*Opportunities to enhance/improve existing tools
*Opportunities to enhance/improve existing tools
**TADH
*Easy implementation to enhance interaction and connectivity
*Easy implementation to enhance interaction and connectivity
**“Business Data Catalogs” to interrogate external databases from within Sharepoint
**“Business Data Catalogs” to interrogate external databases from within Sharepoint
**Application Interfaces (“API”s)
**Application Interfaces (“API”s)
*Open source solutions - There is a lot of good, free software available (e.g. MEdiawiki)
*Open source solutions - There is a lot of good, free software available (e.g. Mediawiki)
*You have to spend to save: Some technology is worth investing in.  
*You have to spend to save: Some technology is worth investing in.