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Driving Transformation: How to Bring Order to the Chaos of IT Demand

The agile movement does require a bit of a mindset shift on the part of the business, who may need to adjust to a greater level of engagement and collaboration with the IT team. 

By

Apac CIOOutlook | Tuesday, November 24, 2015

In the application economy, agility is the name of the game – how quickly you can get new products and services to market that meet exact customer needs. As one of the world’s largest independent software companies, CA Technologies is acutely aware of how important speed is to building competitive advantage in a fast-paced technology industry.

However, speed–and business expectations–must be carefully managed for the IT organization to avoid chaos and to deliver real value to the company as a business enabler, not just an order taker. CA Technologies has been in the midst of a major, multi-year corporate transformation effort that required us to take a close look at the way we approached our IT project and portfolio management, among many other key disciplines. To deliver the new level of speed required that would help our users out innovate the competition, we went back and analyzed the fundamentals – our people, processes and technology.

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Leveraging people, process and technology

As a result, our engagement model has improved significantly. It included enhancing the business relationship manager position within our IT organization. These managers are liaisons, embedding themselves in the business, attending their staff and strategy meetings along with regular planning sessions. This gave us more regular and valuable insight into changing business demands and processes. With market, competitive and new business opportunities changing rapidly, CA’s IT knew we had to be an enabler of change.

"CA Technologies is acutely aware of how important speed is to building competitive advantage in a fast-paced technology industry"

Accompanying this new position was significant procedural change. Previously, the emphasis was on a single annual planning session that attempted to map out the entire IT demand for the coming year.

IT was a process that would likely start in October, but not complete for several months. Now, with business relationship managers attending meetings quarterly (and in some cases monthly), IT gets a rolling view of the IT portfolio–enabling improved planning, resource identification and budget forecasting. With greater alignment the business is in a much better place to help prioritize and shape the portfolio as needed, giving us early feedback on what’s suddenly become more important.

As a result, IT has become more of a trusted partner of the business with the ability to quickly pivot with the business month over month as needs inevitably shift with the market.

Technology has also played significant role in our transformation. Leveraging CA’s own project and portfolio management (PPM) solution was a key enabler of our process– providing a single, centralized system of record and forecasting. Seamlessly integrated with another tool, we now operate in the agile methodology from a day-to-day perspective.

Having a reliable overall portfolio view is extremely valuable to our IT investment council, which helps drive the decision-making process as business cases are brought up for review. Managers can see what is in the pipeline, understand the financial implications, and make the right judgment calls in cases where one project may be deferred for another.

Ultimately, we’ve built a greater level of discipline around planning, both from a project and portfolio perspective, that enables us to move faster through our given projects. With the right level of planning done at the right time, we can better adjust according to changing business demands or priorities.

Making believers of the business

Over time, the business has developed a new appreciation for the role of the IT function being much more than an “order taker”. As we have witnessed at CA Technologies, giving the business greater visibility and tighter engagement helps deliver on the speed and precision that the agile methodologies promise.

The agile movement does require a bit of a mindset shift on the part of the business, who may need to adjust to a greater level of engagement and collaboration with the IT team. The focus should be on helping the business understand that the ultimate objective is speed, and more specifically, delivering the highest-value things more quickly. In our case, it also meant that we needed to retool our own IT organization in Agile, so we embarked on a robust but fun training and educational program on the methods that were now needed.

Project management metrics play a key role as well. We are placing increased emphasis on lead time, which measures how quickly we go from ideation to funding, and cycle time, which tracks how quickly a funded project delivers the outcome it is supposed to provide. Such metrics go a long way toward building trust with the business.

Delivering speed and precision

As we have learned on our journey, effective agile project management can be a key driver of a company transformation, enabling IT to deliver applications at the speed and precision today’s enterprise business users demand. But it’s just that— a journey. And as the business adjusts, so must we, including looking at Design Thinking and adapting our processes to have more of a user experience focus that will drive the business even further.

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Infocus International Group, a global business intelligence provider of strategic information and professional services, has introduced the  Project Finance & Project Financial Modelling  online masterclass, scheduled to go live on  11 May & 19 October 2026.   Today’s project finance (PF) transactions require a higher level of expertise not only in programming more sophisticated and flexible financial models, but also in incorporating the latest risk mitigation and credit enhancement instruments. While higher standards of Environmental, Social, and Governance (ESG) impact management are being demanded of all major capital projects worldwide, more options and models for ESG mitigation, insurance, guarantee products, and financing instruments are now available. This online course covers both the latest PF strategies, risk mitigation instruments, as well as financial modelling best practices. The objective of this course is to provide participants with an enhanced understanding of the practical & documentation requirements of all interested parties to today’s PF transaction. This programme provides you with proven PF analytical strategies and transaction structuring techniques which will enable participants to quantitatively assess risks, resolve constraints, and reach project financial closure. This programme is also designed to enhance the check lists and benchmark metrics by which participants can reduce losses and which will be viewed favourably by both management and the regulatory community. A participant from  Asian Development Bank  shared that,  “The course had a good balance of both the quantitative and qualitative factors to be considered in project finance modelling. The instructor is experienced yet approachable.” “It is a very good program for both beginners in Project Finance and as a refresher for practitioners alike,”  said a participant from  PE Power . Course Sessions • Limited-recourse project financing models & transaction management • Project finance documentation management, risk analysis models & Environmental, Social & Governance (ESG) mitigation options • Sources of PPP financing: financial products, guarantee instruments, credit enhancements & bankability techniques • Designing financial models part 1: Financial model design requirements & work plan management • Designing financial models part 2 & 3: Programming financial statements and interpreting international accounting standards • Designing financial models part 4: Project finance model stress testing, simulation analyses, and modelling for credit enhancements • Summary group exercise: Evaluating a financial model for PF risk allocation, transaction closure and post-transaction economic regulation & tariff adjustment Benefits of Attending • Understand the key practical and transaction management requirements of today’s project finance (PF) marketplace • Oversee and direct PF transactions including managing specialist transaction advisors • Manage PF documentation requirements and manage detailed lender due diligence requirements to reach commercial & financial closure • Designing commercial financing instruments, funding products, credit enhancements, and “blended finance” strategies to ensure PF bankability • The latest standards for analyzing and mitigating Environmental, Social, and Governance (ESG) impacts of PF transactions • Best practices for resolving practical PF challenges in specific infrastructure and industrial sectors including - renewable energy; power transmission & energy pipelines; logistics & transport facilities; airports, ports, & roads; desalination plants; water & wastewater treatment facilities; accommodation, hospitals & education facilities; commercial real estate, agro-industrial facilities; mining & natural resources, etc. • Practical standards for designing & programming financial models for PF transactions, data assumptions, financial statements, international accounting standards, and bankability metrics • Review and critique PF financial models prepared by specialist PF financial advisors • Stress-test PF models: sensitivity analysis, scenario analysis, and simulation analysis techniques • Use PF financial models to guide risk-allocations, credit enhancements instruments, bankability measures, and reach transaction financial closure Want to learn more? Simply email  media@infocusinternational.com  to register your attendance. For more information, please visit  https://www.infocusinternational.com/projectfinance-online ...Read more

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AI and Cloud to Rule Business Intelligence

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Evolving Role of Surveillance in Security

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