Value from Tech — Shannon Mutual's Last Transformation

A four-round, advanced digital-transformation simulation set inside Shannon Mutual, a mid-sized Irish life-and-pensions insurer (€18bn assets, 640,000 policyholders, 1,200 staff) running on a 34-year-old mainframe that 70% of operations still depend on.

After three failed transformation programmes in eight years — the last over-ran €9M with no measurable benefit, and only 22% of what it delivered is actually used — a botched online-renewals release corrupts 14,000 policyholder records, froze renewals for four days, cost ~€2.1M, and triggers a Central Bank of Ireland letter demanding a 90-day remediation plan.

A digital-native competitor serves at €25 per policy against Shannon Mutual's €42 and is taking ~3% of younger customers a year. As the newly appointed transformation leader (Chief Digital Officer) you have a €30M two-year budget — the last the board will fund unproven — and a board that will outsource the entire IT function if a fourth programme fails.

Grounded in Joe Peppard's thesis that realising value from technology is a leadership and organisational challenge, not a technical one, you (1) diagnose why three programmes delivered technology but not value, separating delivery from realisation and naming the organisational root causes; (2) prioritise and sequence a fixed-budget initiative portfolio, balancing a visible Year-1 win against foundational capability and respecting dependencies (no mobile self-service on a frozen mainframe); (3) redesign the IT operating model and split the €30M across paying down technical debt, building new capability, and funding change/adoption; and (4) commit the plan to the board chair and the Central Bank reviewer with named business owners for benefit realisation and a credible 90-day remediation.

The math rewards genuine value realisation — business ownership, adoption, a balanced debt-vs-capability split, dependency-aware sequencing, and resilience woven into the regulator response — and punishes the five classic errors: technology equals value, capability on sand, all-debt-no-value, an unchanged project-shop IT function, and treating compliance as an afterthought.

Final KPIs track Value Realized, Adoption, Technical-Debt Health, and the €30M committed against the cap.

Una simulación avanzada para participantes acostumbrados a trabajar con los principales marcos y dilemas de la materia, pensada para formación de directivos y profesionales con experiencia.