Business Transformation Framework Hsbc
These business transformation projects are changing the way hsbc performs a process or adding a new functionality.
Business transformation framework hsbc. It s a practical frame of reference to help organizations design develop plan and govern organizational change. These are projects that are meant to support the function of the bank as it stands today often with the acronym bau for business as usual. Gulliver s travels and the transformation of hsbc.
To succeed organizations must blend digital and human capabilities. Rotations exist across transformation partners project management business analysis business design architecture business process reengineering innovation and the chief data office. To provide that freedom in a framework has been really important.
You will collaborate with senior leaders and colleagues to create and implement quantitative and qualitative solutions using different analytical. Current hsbc examples are supporting the bank s goal of ever greening and another is compliance with new regulations. Whether you want to think of digital transformation as business transformation or not there s already a body of relevant good practice available to organizations in the form of the business transformation framework btf.
Bcg was the pioneer in business strategy when it was founded in 1963. That s the first thing i ve learned through leading this transformation and that leads she noted. But there is more local flexibility in other areas because hsbc is a very diverse business operating in over 60 markets with 40 million customers and 144 languages.
Hsbc is the world s leading international bank with unparalleled access to high growth markets and a strong balance sheet. First strategic alignment is assured using the business transformation framework from top to bottom. Strategic alignment and business it alignment.
The business transformation management methodology btm is a four phase holistic and integrated business transformation management methodology developed. This post serves as an introduction to an intensely documented approach to holistic business transformation management which addresses the transformation journey from strategy through to business benefit realisation and everything in between. The important thing to understand is that it s ultimately business transformation.