Avoiding the alignment trap in information

IT was the key factor that allowed the young discount-brokerage house to offer customers lower prices on trades than traditional brokers. Later, as discount brokerage became more of a commodity business, Schwab transformed itself into a full-service, online broker, and by it was earning a significant share of its profits in the online trading business. But in the next few years competitors caught up to Schwab, and some surpassed it. Several brokerage houses, both discount and full service, were frequently able to beat Schwab on price.

Avoiding the alignment trap in information

IT was the key factor that allowed the young discount-brokerage house to offer customers lower prices on trades than traditional brokers. Later, as discount brokerage became more of a commodity business, Schwab transformed itself into a full-service, online broker, and by it was earning a significant share of its profits in the online trading business.

But in the next few years competitors caught up to Schwab, and some surpassed it. Several brokerage houses, both discount and full service, were frequently able to beat Schwab on price.

Avoiding the alignment trap in information

IT engineers had to spend more time than ever fixing bugs in the systems. Meanwhile, several big, ambitious projects were overdue — including the tax-lot accounting system Schwab had envisioned to serve its most profitable customers — and the slow progress of these projects was preventing the company from responding effectively to competition.

The fact that a company as tech savvy as Schwab could find itself in this predicament is instructive. For many years now, companies seeking to deliver higher business performance by harnessing IT have focused on alignment. By alignment, we mean the degree to which the IT group understands the priorities of the business and expends its resources, pursues projects and provides information consistent with them.

Almost every company we have worked with recognizes that IT and business priorities must be tightly linked. Read the Full Article:By alignment, we mean the degree to which the IT group understands the priorities of the business and expends its resources, pursues projects and provides information consistent with them.

Avoiding the alignment trap in information

Almost every company we have worked with recognizes that IT and business priorities must be tightly linked. Last week's Tech Sanity Check showed that the whole concept of IT/business alignment is often striving for the wrong goals. This week looks at how to avoid the downward spiral of the alignment trap and turn your IT department into a catalyst for the business.

Avoiding the Alignment Trap in IT Case Solution,Avoiding the Alignment Trap in IT Case Analysis, Avoiding the Alignment Trap in IT Case Study Solution, For many years, companies seeking to provide greater business efficiency through the use of IT have focused on alignment - .

Avoiding the Alignment Trap in Information Technology Words Jan 26th, 7 Pages According to survey results, two major patterns lead to failure of IT: alignment and efficiency. Avoiding the alignment trap in IT Charles Schwab & Co., the big financial services firm, grew up around its information technology capabilities.

IT was the key factor that allowed the young discount-brokerage house to offer customers lower prices on trades than traditional brokers. the article, “Avoiding the Alignment trap in information technology”, 75% of IT projects fail to deliver the expected functionality, timing and cost.

According to survey results, two major patterns lead to failure of IT: alignment and efficiency.

Avoiding the Alignment Trap in IT