Remove 2013 Remove CIO Remove Leadership Remove Project
article thumbnail

The IT Project That Brought a Bank to Its Knees

Harvard Business Review

s Co-operative Bank in June 2013. One section highlights the problems the bank encountered as it attempted to replace its core banking systems, a program that was cancelled in 2013 at a cost of almost £300 million. billion capital shortfall announced by the U.K.’s hedge funds. It is based on four questions. enterprise architecture ?

article thumbnail

Rethinking the Work of Leadership

Harvard Business Review

Yet, here we are in 2013 with organizational leadership models that continue to deny the social nature of organizations and wallow in inertia. Our leadership practices remain authoritative. And, a paltry 38% reported that their organizations had effective leadership running the show.

CIO 9
Insiders

Sign Up for our Newsletter

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

article thumbnail

Why So Many High-Profile Digital Transformations Fail

Harvard Business Review

It requires foundational investments in skills, projects, infrastructure, and, often, in cleaning up IT systems. For example, when P&G was making its digital push in 2012 and 2013, it was already well ahead of most companies—and perhaps all of them—in the consumer products industry.

article thumbnail

The Mistakes Behind Healthcare.gov Are Probably Lurking in Your Company, Too

Harvard Business Review

To expect anything as complex as this particular project to emerge fully functional on day one was the first (and perhaps most important) failure. And the New York Times lists “weak leadership” at Medicare as another complicating factor. What’s to be learned sorting through the wreckage? Setting irrational expectations.