Challenges
Due to Covid-19 Idea Bank needed to accelerate digital transformation. The bank needed to transform from traditional to digital space quickly. Idea Bank had several internet and mobile banking initiatives in the project pipeline. The current IT has hands full of work and we had an urgent need to extend our IT team with an external company. Other challenges were, that the bank did not know, for how long we needed a new consultant and to create new open positions. Additionally, the management did not allow the hiring of new staff during a difficult time of the pandemic.
Solution
The Idea Bank started working with New Digital Street. Idea Bank did not have to create new positions, NDS delivered experienced consultants in the field of Business Analysis and Project Management. The consultants have started working within one month and had vast banking experience and understood how organizations like Idea Bank work. The Idea Bank could easily scale resources.
Result
The bank has accelerated with new mobile and internet projects and met expectations of management to not hire new staff.