article thumbnail

Banks bet on AI to deliver digital efficiencies

CIO

In the face of shrinking budgets and rising customer expectations, banks are increasingly relying on AI, according to a recent study by consulting firm Publicis Sapiens. As the study’s authors explain, these results underline a clear trend toward more personalized services, data-driven decision-making, and agile processes.

Banking 212
article thumbnail

Agile Transformation and the Elephant in the Room

Agile Alliance

Why traditional budgeting is the antithesis of Agile – and what to do about it Most organizations are born small and born agile. The post Agile Transformation and the Elephant in the Room first appeared on Agile Alliance. They are nimble, trusting, collaborative, non-bureaucratic and purpose-driven.

Agile 266
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Overcoming One-Size-Fits-All Budgeting

Agile Alliance

Agile transformations can easily be disrupted by a traditional non-Agile budgeting approach that contradicts the flexibility, adaptability, responsiveness, and nimbleness required by Agility. The post Overcoming One-Size-Fits-All Budgeting first appeared on Agile Alliance.

Budget 224
article thumbnail

OKRs From a Beyond Budgeting Perspective

Agile Alliance

During the last few years we have witnessed the amazing revival of an almost 50 year old management idea called “Objectives and Key Results” (OKR). The former Intel CEO Andy Grove introduced the concept in this company in the seventies, as described in his 1983 book “High Output Management”. John Doerr, a former Intel employee, … Continued.

Budget 325
article thumbnail

How to talk to your board about tech debt

CIO

When your CEO or CFO asks about the budget needed for technical debt remediation , do you find yourself struggling to justify the investment? Our research reveals that top performers allocate around 15% of their IT budget to debt remediation. You’re not alone. Instead, show how leading companies manage it strategically.

How To 205
article thumbnail

Overcoming the 6 barriers to IT modernization

CIO

These outdated systems are not only costly to maintain but also hinder the integration of new technologies, agility, and business value delivery. Budget constraints Barrier: IT modernization requires substantial investment, and budget constraints are a common hurdle.

article thumbnail

Rethinking enterprise architects’ roles for agile transformation

CIO

In the State of Enterprise Architecture 2023 , only 26% of respondents fully agreed that their enterprise architecture practice delivered strategic benefits, including improved agility, innovation opportunities, improved customer experiences, and faster time to market.

Agile 218