Unity Bank Integration Case Study Essay
Our decision is based on the recommendation of the IT Governance Institute that stresses the importance of IT governance in creating alignment between two companies as well as identifies the IT governance focus areas to be stakeholder value drivers, strategic alignment, value delivery, resource management, risk management, and performance management.
According to the IT Governance Institute, Board Briefing on IT Governance, 2nd ed., “IT governance is an integral part of enterprise governance and consists of the leadership and organizational structures and processes that ensure that the organization’s IT sustains and extends the organization’s strategy and objectives.”1
Alternative 1: IT Strategic Alignment Focus of IT Governance
This is the preferred alternative. Our recommendation is to first define the stakeholder value drivers and then use them to create strategic alignment with IT. As depicted by the above diagram, strategic alignment will maximize the use of time and resources in order to create a solution that will best achieve the goals of the newly merged company. Clearly defined IS strategy will be created by steering committees and will include core competencies of both companies in order to provide value to stakeholders.
The suggested priorities of the integration focus:
1. Strategic alignment, 2. Risk management, 3. IT value delivery, 4.