Bill Niemi is a professional IT advisor. For twenty-four years Mr. Niemi was a Technology Vice President of Fidelity Investments. During his time at Fidelity, Bill oversaw the a variety of system technical implementation for distributed systems, computer graphics, network protocols including decisions on operating systems, databases and middleware. Working at NBC News, Bill was a pioneer in computer graphics in reporting presidential campaigns. Bill is a graduate with a Masters degree from Rensselaer Polytechnical Institute.
Bill Niemi suggests that one of the most important things an executive sponsor needs is the backing of his superiors.
“I think the difference between a good executive sponsor and a poor executive sponsor comes down to the degree of enthusiasm.
As Bill says, “One of the worst projects I worked on was called FCAP (Fidelity Customer And Product profitability).
Bill Niemi suggests the executive sponsor be enthusiastic about the project.
At Fidelity, the executive sponsor would have a delegate who would run the weekly team meetings and make most of the decisions for the business unit.
The financial data architecture project kicked off with the executive sponsor, stakeholders, and all business and technical team members meeting at an off-site location.
Bill Niemi says, “Fidelity is a company made up of individual fiefdoms.
As Bill says, “The executive sponsors are always creating tension between the technical development team and the business people.
Bill Niemi says, “It is a really interesting contrast between the three CFOs who oversaw the financial data architecture (FDA) project at Fidelity.