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An IT Project as a Plaything of its Organizational Environment : Long-Term Challenges in Financial Services

Title data

Bürger, Olga ; Fridgen, Gilbert ; Kleindienst, Dominikus ; Manderscheid, Jonas ; Zare Garizy, Tirazheh:
An IT Project as a Plaything of its Organizational Environment : Long-Term Challenges in Financial Services.
In: Journal of Information Technology Teaching Cases. Vol. 7 (2017) Issue 1 . - pp. 35-42.
ISSN 2043-8869
DOI: https://doi.org/10.1057/s41266-016-0010-2

Official URL: Volltext

Abstract in another language

At the end of 2015, and after 10 years, the German financial service provider FinAdvizard finally achieved the first results from the development project of its next-generation advisory application. Although this achievement can be considered as project success, the new application includes only the core of the initial-ly intended scope because of environmental changes. First, the project team had to continuously deal with resource scarcity, stakeholder influences, regulatory requirements, and the involvement of its sales force. The team also had to adapt different management approaches and software development methods. Fur-thermore, the organization’s focus and management attention repeatedly changed over time. Subsequently, this case retrospectively highlights information technology (IT) project management issues and challenges faced by large software development projects. Given the longitudinal analysis of the period of a decade, both positive and negative effects that are not visible in shorter IT projects become apparent. Additionally, the case sheds light and stimulates a discussion on, among others, collaboration between the business and IT departments, the importance of top IT management support, the challenge of bimodal or two-speed IT, and the influence of a strong sales force.

Further data

Item Type: Article in a journal
Refereed: Yes
Keywords: financial advisory; software development; IT management; project management
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Business Administration
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professorship Business Informations Systems and sustainable IT management
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professorship Business Informations Systems and sustainable IT management > Professorship Business Informations Systems and sustainable IT management- Univ.-Prof. Dr. Gilbert Fridgen
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professorship Business Information Systems and Value Oriented Process Management
Research Institutions
Research Institutions > Affiliated Institutes
Research Institutions > Affiliated Institutes > Fraunhofer Project Group Business and Information Systems Engineering
Research Institutions > Affiliated Institutes > FIM Research Center Finance & Information Management
Faculties
Faculties > Faculty of Law, Business and Economics
Result of work at the UBT: Yes
DDC Subjects: 000 Computer Science, information, general works > 004 Computer science
300 Social sciences > 330 Economics
Date Deposited: 10 Oct 2016 11:52
Last Modified: 28 Feb 2019 07:30
URI: https://eref.uni-bayreuth.de/id/eprint/34856