Are you a business leader within a financial institution struggling to deliver a strategic project with a heavy IT dependency?
City Project Management works with the senior executives of financial institutions to help them deliver strategic projects that are critical to business success.
Is your project slipping ever further behind schedule and missing key milestones?
Perhaps the following issues are familiar to you?
Support for the project is shifting away from key stakeholders within your organisation.
Critical resources that were promised to you have failed to materialise.
You feel overwhelmed by additional scope and demands that were never in the original brief given to you.
You are being consumed with firefighting political issues, preventing you from resolving more critical concerns.
Your requirements definition and benefits-realisation plan make you feel uncomfortable now that your project's viability is being called into question.
Research proves that the strategic projects are most at risk from issues that can be readily resolved. Such issues include inadequate resourcing, scope management and the appropriateness of project execution disciplines (see 'Turning Great Strategy into Great Performance' by M. Mankins & R. Steele, Harvard Busines Review, July 2005).
The good news is that the root causes of your project concerns cn be diagnosed and fixed with relative ease and speed, enabling you to deliver a significant competitive advantage to your financial institution.
Successful project execution can help transform your business. We've helped businesses turn around losses of more than £100 million per annum, bringing about substantial profitability. We have also helped reduce operating costs in Call Centre operations by over 25%, and implemented large-scale IT programmes to replace the core systems infrastructure supporting millions of customers. We have a solid record of success that proves our approaches work. They can work for you, too.
Delivering strategic projects is a difficult, high-risk endeavour. Everyone knows that the capability to translate 'strategy' into 'execution' is critical to business performance, but that doesn’t make it easy. Far from it. The failure rate on strategic projects can run as high as 60%-80% (see the Working Council for CFOs at www.executiveboard.com).
Project execution within financial institutions is extremely complex. Difficulties often arise with competing business demands, regulatory and compliance constraints, organisational politics and changing priorities across multiple business functions to. That's a lot for any company to contend with. But it needn't be that way.
We can fill the most critical resourcing gaps you have - however immediate. You can get the help you need, NOW, when you need it most. Our proven tools and processes can help you quickly diagnose and eliminate the root causes of your most pressing problems. Why not try our 'fix and repair' service for strategic projects today? It can put you back on track promptly, eliminating any immediate and future headaches.
We have worked with the senior executives of leading financial institutions, including AXA, Capital One, Citicorp and Nationwide. Our focus has always been on helping them deliver critical business and technology projects. We can do the same for you.
Together, we can ensure successful project execution at all times, bridging any gaps between your strategies and delivering enhanced results on the ground.
If you would like to learn more about how we can help you with your strategic specific challenges, please give John Corr (Managing Partner) a call on 020 7748 2225. He’ll be happy to discuss with you - at no charge - your current situation and provide actual, practical solutions.
You might well be wondering whether we can help you with your particular situation. The following section,
IS THIS YOU?, might help you to determine that we possibly can.
IS THIS YOU?, might help you to determine that we possibly can.
Alternatively, feel free to explore some of our proven CASE STUDIES.