Technology Governance in the Board Room?
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International
Europe
- Austria: Crisis management for one of the largest banking groups.
- Austria, Switzerland, Germany: Innovative e-learning solution.
- Czech Republic, Romania, Slovakia: Advised boards of the largest banks during transition to the market economy.
- France and Germany: Post acquisition integration in different industries.
- Germany: IT Strategy development and implementation.
- Luxembourg: Process improvements for securities transactions.
Africa
- Mauritius: Serving on the board of a consumer finance business.
- Nigeria: Cyber risk oversight programme for directors of financial institutions in Nigeria.
- South Africa: Communication and training for an audience of 3,500 in collaboration with a Chinese technology partner.
- Tanzania and Uganda: Project reviews ensuring the success of information technology in emerging countries.
Getting Cyber Risk oversight right:
It is amazing how the atmosphere is a meeting room changes once directors walk in and learn from other directors. All cyber jargon falls to the wayside and governance, oversight practices and getting a grip on the risks for an organisation dominate the discourse. Recent massive data breaches were a rude awakening for many directors. Cyber resilience has been elevated up from an operational task to a board room priority. Many boards invest in developing new practices and acquiring additional knowledge.
This training for directors started with a review of the cyber risk landscape and concluded with a roadmap for a Cyber Resilience Strategy. The training included real life examples and case studies. “The case studies were informative and down to earth”, said one of the participants. We helped the delegates to integrate cyber risks into a comprehensive risk framework. The exchange with other directors enabled a “robust discussion”.
The directors headed back to the board room with the complete tool-kit for cyber risk oversight. Download a brochure here.
Breaking down data silos
Data silos are slowing companies down. This utilities services company appreciates the value of data and manages vast volumes of it, but in departmental silos. Often, the management didn’t trust the information it received for decision making. The intelligence derived from the data was not consistent and prone to manipulation. The demand for reliable information was high on the agenda of this Private Equity owned company.
We were asked to develop a business intelligence strategy, to respond to the needs of the shareholders. The proposed way forward included a revised organisation of analytics skills, a technical architecture, governance principles and data quality intiatives.
The significant investments had to be justified. We used a two-pronged approach for building a business case for better business intelligence: The contribution of improved analytics to better decision making was hard to quantify. By adding use cases applying new technologies, such as process mining and artificial intelligence we could demonstrate a direct impact on the bottom line.
Keep on rollin …..
Business Intelligence solutions are game changers in many industries today. This global life sciences company wisely chose a gradual rollout approach for their innovative reporting solutions. A gradual rollout approach breaks up the technology into several packages, which will be deployed over a longer period.
We developed a methodology to support this gradual rollout approach. The methodology defines a standard for all activities needed for a successful rollout of this kind of reporting solutions, including learning, communication, incentives and performance support.
The advantages of having a standard methodology are twofold: Firstly, the standardized approach helps to contain the cost of rolling out multiple packages. Secondly, even more importantly, it contributes to keeping the productivity of the target audience high, because they know what to expect when the next package is due.
Mobilizing in-house capabilities
The mobile phone operator was planning to leverage supplier capabilities for change management. The existence of a strong corporate culture called for in-house knowledge as to how to achieve change.
To do this we engaged with various client departments to form a strong change management team, which also included members from the Chinese supplier. The challenge was to train 3,500 call center agents across South Africa on the new business technology within a few months – while keeping them productive in their daily business. This schedule overlapped with the football world championship hosted by South Africa. A big concern, given that we had to plan the logistics and accommodation for so many people. Daily reporting on participants passing the training as well as their positive feedback put the concerns at rest very quickly.
We were complimented for our knowledge ….. “About IT and its inner workings and how it can motivate and support business to achieve its strategies.”
- Collaboration between Business and Technology
- Change and Business Readiness
- About us
Does turning ideas into action take too long? The smooth collaboration between your Business and Technology teams is crucial for an agile organisation. But often they seem to speak different languages and to operate on different time lines. We help your Business and Technology teams joining forces. The challenge is best addressed at multiple levels of your organisation:
- Recent data breaches have made Cyber Resilience a board room priority. Our one-day learning experience for directors has been designed by directors, for directors.
- Engage us for a key-note speech on Technology Governance in the board room.
- Is your board well prepared to oversee technology? Coaching your board for better technology oversight.
- A transformation program needs to link into the line organization effectively to run well. We help you implementing better Technology Governance.
- Joint workshops with Technology and Business teams help building trust in incremental steps. All the way from the initial diagnosis to replicating effects across your organisation.
You get what you measure! Are you surprised to see this statement applied to change management? Recent research clearly indicates, that many change initiatives fail, even though all the soft factors, like motivation and leadership have been aligned. With a clear picture of where progress is lacking, management attention can be targeted to bring the change initiative back on track.
Engage with us for:
- A workshop on measurement, rewards and reporting as you embark on a change program. We suggest doing this in the early stages of your change program.
- Developing a Roadmap to Business Readiness to understand the consequences of your change initiative for productivity and operational risk. Use this roadmap to turn hindsight into foresight: Anticipate the challenges of rolling out your change initiative.
- Coaching for your program management during design and execution of business readiness programs.
We are dedicated to helping organizations achieve change. When setting up a change program, we always keep the focus on the expected value for the organization. Our approach is very hands-on and often accompanied by measuring the change progress. This makes the change viable and the journey towards reaching your goals fun.
We speak business and understand technology, deploying our outstanding communication skills to achieve optimal results for both. All our experts work comfortably with the top management, building confidence and commitment to change.
About the founder of Acoyvis:
Susanne’s career includes top management roles (CxO, VP) and consulting assignments for several Fortune Global 500 companies. A detailed profile is available here: Susanne’s Profile.
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Photography by Hernán Pérez, hernanperez.co.uk