Fmbt Case Essay

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FMB & T Bank Problem • No clear cut responsibilities and authority of the new Executive Vice President and Chief Information Officer of FMB & T Bank. Objective • To defined clearly the responsibilities and authority of the new Executive Vice President and Chief Information Officer. • To create a clear organizational structure of the bank. Analysis • Relationship between IT Department and other bank business units is mixed up causing considerable confusion, friction and inefficiency. • Work request are vague and not coordinated and consolidated to reflect a clearer picture of the problem making it hard to formulate a quick solution which the bank’s other business units require. • The presence of the new IT executive was not welcomed by the unit managers of other business units of the bank making it harder for her to facilitate solutions for IT problems. • IT staff responsibilities are limited only to application works. They are not given the freedom to explore and apply new developments in the IT industry. • There is considerable influence from other regional executives to decentralize IT operations to regional branches because they feel that response will be faster to meet their requirements. SWOT ANALYSIS Strengths 1. Bank is growing 2. Bright, hardworking & self-confident new EVP & CIO 3.New EVP & CIO reports directly to CEO 4. New EVP & CIO full membership to ExeCom 5. Methodical IT staff Weaknesses 1. No clear cut authority & responsibilities of the new EVP & CIO 2. Muddled relationship between IT & bank’s other units 3. Problems crossed organizational lines 4. Unwanted new EVP/CIO 5. Underused IT staff 6. Campaign for IT decentralization Opportunities 1. New IT developments Strengths-Opportunities 1. Train

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