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IT Strategic Governance

- Multi-Billon Dollar Skin Care Company

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Situation

Skincare client’s IT organization struggled to plan for and prioritize projects in line with the strategic objective of the business.

A top selling skincare company was growing so quickly that they struggled to scale their IT Strategic Governance and Portfolio Management capabilities. As a result, IT and the business rarely consulted each other which led to projects being completed in siloes with limited resources and visibility. In order to maintain its position as a leader in skincare and digital products, this company reached out to Metis Strategy to improve their IT Strategic Governance process and to ensure IT and the various business units were delivering value for the organization.

Approach

Create a repeatable, scalable Strategic Governance process that ensures collaboration between IT and the business throughout a project lifecycle.

Metis Strategy set out to create a repeatable and scalable process to ensure the organization was making the right investments aligned to the strategic direction of the organization.

  • Strategic Governance Board: Defined the composition and cadence of the Board, criteria of project ideas to be submitted to the Board, as well as decision authorization level for the Board
  • IT Liaisons: Defined and facilitated new roles within IT that facilitated alignment between IT and the Business to better enhance the planning and delivery of cross-functional projects
  • Portfolio Management Playbook: Outlined how IT and the business will communicate throughout a project’s lifecycle, including the definition of key project management processes such as scoping, risk management, change management, status reporting, and roles and responsibilities.

Outcome

A bolstered Strategic Governance process enabled the organization to deliver projects on time, on budget, with faster time to market.

Communication between IT and the business increased as projects were brought to the Strategic Governance Board at ideation and continued to be monitored with IT-business touchpoints which led to:

  • Greater resource visibility: By giving business representatives visibility into what projects were in the pipeline, they were able to allocate shared resources and plan for resource allocation accordingly
  • Improved budget forecasting: Forecasting became more accurate as the Board was made aware of project needs including spend and resources from across the business, and as IT coordinated with the business to relay their budget on a regular basis
  • Accurate project planning: Seeing cross-functional dependencies and impacts allowed Project Managers to plan accurate project starts accordingly
  • Faster Time to market: Enabling a simple Board approval and funding for projects decreased time to approval and start, and eliminated cross-functional roadblocks as projects were executed