The Challenges of Strategic IT and Strategic Business Alignment case of Oromia International Bank S.C.

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Date

2021-04

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Publisher

Addis Ababa University

Abstract

This study aims to describe the challenges of Strategic IT and Strategic Business Alignment Case of Oromia International Bank S.C. The research has adopted qualitative research approach. The data were gathered through semi-structured interviews with six top and four middle level managers randomly selected using non probabilistic purposive sampling method, employees of the organization who have better knowledge and experience on strategic development of the Bank and then the data was thematically analyzed. The study reveals that, lack of communication skill of IT, lack of measuring IT contribution, poor IT support, lack of banking skill development, lack of clarity of business need, lack of trust on IT leadership skill, lack of collaboration on strategy development and lack of understanding technology were the main challenges of Strategic IT and strategic business alignment at Oromia International Bank S.C. To improve Strategic IT and Strategic Business alignment effectiveness, the researcher recommends the Bank to measure IT contribution in numerical value, automate IT support process, develop banking skill of the staffs through knowledge management, prepare business requirement in collaboration with IT and review, improve communication skill of IT through continuous training, improve IT leadership skill through exposure and give awareness training to all staffs on IT

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Keywords

IT-Business Alignment, Strategic Alignment, Challenges

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