The Challenge
Our client had tried adopting Agile for several years with limited success and in small pockets of the company. They wanted to drive Agile Transformation globally through all the centres as a global strategic initiative.
See how a financial products company adopts enterprise wide agile transformation.
Continents
People Trained
Project Teams
Since partnering with PM Power Consulting, the client has observed a significant impact to their business across various KPIs. At a high level, below is a quick snapshot of the impact that the business has observed.
Our client is a Financial IT Products company headquartered in London with centres in New York, Paris, Bengaluru, Manila, and several other parts in Europe. They are leaders for mid-tier Banks in the areas of core banking, lending, capital markets software.
Our client had tried adopting Agile for several years with limited success and in small pockets of the company. They wanted to drive Agile Transformation globally through all the centres as a global strategic initiative.
PM Power helped them in Enterprise wide Agile Transformation through various interventions and change management initiatives spread over twelve months for global distributed teams.
On an average across all the workshops, 62% of the participants rated the workshops as ‘Very Useful’ and remaining 38% rated as ‘Useful’ on a scale of ‘Poor’, ‘Not much impact’, ‘Useful’, ‘Very Useful’.
At the beginning of the engagement, there was significant scepticism and resistance, especially from project managers & middle managers, because of the past failures in Agile adoption. Towards the end of the engagement, there was much more acceptance & mindset change towards adopting Agile.
Product Planning & Portfolio Planning started happening synchronously. For example, one of the Products had 10 Scrum Teams working together to make synchronized releases.
Organization built internal capacity to carry out the training & coaching on Agile to continue the transformation journey.
