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DIGITAL TRANSFORMATION OF FIRST BANK 1

Five functions of technology management:


Strategic information systems planning Forecast needs, not tools. What
do you need to be doing?
Execution - How do you develop or acquire and implement these
initiatives?
Management Hardware, data, user management

Strategic IS Planning:
Planning the IS that will enable the company achieve its strategic
priorities
Strategy: Root cause analysis
o Most profitable company
o External: Highest cost structure Strategic cost reduction
o Internal: Duplication of services
o Solution: Org design. Shared services
o IT: One SAP across board
o SAP project

STRATEGIC PLANNING
Strategy: Wealth.
Initiative:
o Start a company
Research
Training
NLNG
BAT
NAPIMS
Eterna
Consulting
NLNG
BAT
NAPIMS
Eterna
LBS MBA
KleosAfrica

STRATEGIC IS PLANNING
Assessment:
o External business environment
o Internal business environment
o Internal IT environment
Define IT strategic goals:
o Vision
o Mission
o Formulate initiatives

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