Application Portfolio Management: A Portfolio Approach to Managing IT Applications Can Help Banks Improve Their Business Performance

Topics:
Commercial Banking,
Strategic Planning and Analysis
Tags:
Bank,
Strategy,
Portfolio Management,
Performance Management,
Performance,
Management,
Infosys Technologies Ltd.,
Information Technology,
Human Resources,
Workforce Management
Source:
Infosys Technologies

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Overview: The paper informs that although financial services organizations have long adopted technology to enhance business efficiency, a piecemeal approach to IT planning and management has led to poor business-IT alignment and redundant applications. Managing IT applications as a portfolio can significantly enhance business-IT fit. It allows IT-related strategic and operational decisions to be based on risks, resource constraints and operational goals, instead of traditional IT performance metrics.

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Format: PDF | Size: 342KB | Date: Apr 2005 | Pages: 8

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