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Maxtrade Inc: It Strategy-Assignment 4
Maxtrade Inc: It Strategy-Assignment 4
IT STRATEGY-ASSIGNMENT 4
People Management
Asset Management
The firm had poor relationship with vendors and were facing switching and integration problem
Should know what hardware or software is required
Knowledge management
Architecture Development
Customer Engagement Project management Solution Development and integration Architecture Implementation
Solution Delivery
Resource Management
How the resources be divided and integrated among different functional department No wastage of financial resources Technical issues should be solved immediately
In Online trading during peak hours one might need additional resources
Sufficient capacity should be there to handle the firms services Issues and glitches should be solved as fast as possible
Problem management
Portfolio analysis
CIO should analyze all the project and its requirement MaxTrade Inc at this moment has 100 project pending so CIO needs to identify which one should be done first and follows Important project should be carefully handled and delegated to the right team
Portfolio prioritization
Portfolio Management
Portfolio benchmarking
CEO
CIO
CTO
Administration
HR
Infrastructure
Finance
Slowly as the roles of individuals are clear & when the structure is stabilized they can move to divisional structure in 2-3 years to optimize each divisional performance
When the organization expands & becomes more mature in terms of its operations it can move to the matrix structure in 6-7 years & operate to its full potential
30%
Customer Feedback score greater than 8/10 top performer Less than 6/10 poor performance 30%
Growth & Learning Perspective 20% People Management Identify key upcoming lower Identifying and level managers and developing talent groom/mentor them for promotion
THANK YOU