Background Technology Portfolio Management. Background/History Owned by Mohegan Tribe of Indians Opened in October 1996 with what is now Earth Casino.

Slides:



Advertisements
Similar presentations
Long Beach Critters Caring People, Loving Pets, Inspiring Solutions Debra Callahan Veronica Dailey Lorrie Huggins Luis Tobon Leo Song Jr.
Advertisements

PARTNERSHIPS OF GOVERNMENTAL AND NON-GOVERNMENTAL ORGANIZATIONS (ASSOCIATIONS) IN THE SPHERE OF TOURISM: RUSSIAN AND FOREIGN EXPERIENCE Moscow, Russian.
© 2012 Cisco and/or its affiliates. All rights reserved. Cisco Confidential 1 [Name] [Title]
Cisco and NetApp Confidential. For Internal Use Only. Do Not Distribute. Maximize Your Purchasing Power with Unified FlexPod Financing © 2014 Cisco and.
Analysis of Public Submissions Presidential SOE Review Committee Democracy, Governance and Service Delivery Date: 29 November 2011 Democracy, Governance.
Pwc Performance Measurement Frameworks Acumen Fund - Discussion Document June 16, 2008 *connectedthinking.
12 Chapter 12 Operations Management: Financial Dimensions U.S. Retail Sales Growth Forecast Year over Year Change in Retail Sales, Percent. Not Seasonally.
Operations Management: Financial Dimensions
Chapter 2: Strategy and Sales Program Planning
17 Chapter Financial Management.
Chapter 2: Strategy and Sales Program Planning
Week 8: IT Portfolio Management MIS5001: Management Information Systems David S. McGettigan Adapted from material by Arnold Kurtz, David Schuff, and Paul.
EARNED INCOME FOR THE NONPROFIT SECTOR Sonya Ulibarri // August 10, 2012.
Module - 3. Monetary Policy of India Monetary Policy is the process by which monetary authority of a country, RBI in India, controls the supply of money.
Managing Projects
Forecasting and Budgeting
> > > > Financing and Investing Through Securities Markets Chapter 18.
Marriage and Family Life Unit 6: Making Everyday Living Decisions.
CHAPTER 6: INTERNAL CONTROL AND FINANCIAL REPORTING FOR CASH AND MERCHANDISE SALES LEARNING OBJECTIVE 1 Distinguish among service, merchandising, and manufacturing.
Consumers, Savers and Investors Chapter 6
Chapter 2: Strategy and Sales Program Planning
1 SMALL BUSINESS MANAGEMENT Chapter Ten Financial Management.
Chapter 2: Strategy and Sales Program Planning
Dynamic Portfolio Management Process-Observations from the Crisis Ivan Marcotte Bank of America Global Portfolio Strategies Executive February 28, 2013.
Budgetary Process and Financial Management Douglas Brown Pols 341 March 2013.
City Council October 21, 2013 Strategic Planning Retreat Next Steps.
1 eCommerce & Distribution If you build it They will come?
Copyright © 2011 Pearson Education
Chapter 24 Responsibility Accounting and Performance Evaluation
NASA IT Governance Overview Gary Cox August 18, 2010.
© 2009 South-Western, a division of Cengage Learning 1 Chapter 9: FINANCE Using Funds To Maximize Value.
September 19 & 20, 2007 Items 4.11a,b, & c Tabs 15, 16, & 17 Proposition 1B Intercity Rail Bond Program.
Unit 3 MT102 RETAIL MANAGEMENT: A STRATEGIC APPROACH 11th Edition
Application Lifecycle Management : Leveraging the Cognos Investment Prepared for Cognos User Conference January 20, 2005.
$$$. Bank’s income portfolio Fee Based Income - Also called Interest Income A A Accepting Deposits and Lending Loans at Different Interest Rates B B Deposit.
Role of Financial Management Objectives Liquidity Profitability Efficiency Growth Return on Investment Strategic role To provide and manage the financial.
L Integrating Web applications l Moving legacy transactions to a Web environment l Setting goals and targets to measure progress l Focus on content and.
DRAFT – For Discussion Only HHSC IT Governance Executive Briefing Materials DRAFT April 2013.
May 5, Begin Unit 6: 10-15% of AP Macro Exam Open Economy: International Trade and Finance 2.Comparative Advantage Review On Website 3.Unit 6 Lesson.
SMALL BUSINESS MANAGEMENT
3.10 Employ product-mix strategies to meet customer expectations Performance Indicator: Describe the nature of product bundling 3.00 Understand product/service.
C r e a t i n g S o l u t i o n s B u i l d i n g C a r e e r s 1 Professional Opportunities Orientation Program David Churchill Director of Project Management.
Resourcing the Mission: The New Internal Financial Model.
Buying equipment with Cash 1 Equipment (Asset) Cash (Asset) + - Debit Credit Debit Credit.
PPTTEST 10/30/ :06 1 IT Ron Williams Business Innovation Through Information Technology IT Portfolio.
Finance Vic Rainsford Vice President Planning & Analysis Jim Palmer Sr. Mgr. Planning & Analysis.
© 2012 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license.
AgBiz Export Competitiveness Enhancement RCI Agribusiness Workshop November 10, 2009 Skopje.
3.08 Employ product-mix strategies to meet customer expectations
GPW STRATEGIC PLAN PORTFOLIO COMMITTEE 6 TH JUNE 2008 CAPE TOWN.
Financial Management Chapter 17.
Gerhard Steinke1 Enterprise Requirements Planning (ERP) Customer Relationship Management (CRM) Data Warehousing.
The Importance of Understanding Finance The Parsley Patch! Problem? Solution? Outcome?
Creation of a focused gaming business Hard Rock disposal 7th December 2006.
Needles Powers Crosson Principles of Accounting 12e The Budgeting Process 22 C H A P T E R ©human/iStockphoto.
10 W EEK P ROJECT S COPE OF S ERVICES March 13th, 2014.
Towards a GHG Reduction Strategy for Ontario: Industrial Competitiveness, Investment, Innovation, & Growth September 2010 Canadian Manufacturers.
Injecting a New Lease of Life into Your System David Mitton Sales Manager Sage Finance.
Key to an Effective Red Book Shop JUAN R PEREZ, CHIEF OF AUDITS COUNTY OF SAN DIEGO MARCH 9, 2016.
Strategic Information Systems Planning
Information Systems Portfolio Management
Other Financial Methodologies Pertemuan 9-12
Chapter 2: Strategy and Sales Program Planning
IST421: Advanced Systems and Enterprise Integration
PEOPLE’s COMMITTEE OF HO CHI MINH CITY
Governance Lisa Lugo Senior Vice President Strategic Operations
Decentralization May 27, 2009 Chapter 10: Decentralization.
Agenda Purpose for Project Goals & Objectives Project Process & Status Common Themes Outcomes & Deliverables Next steps.
Decentralization, Profitability and ROI
Presentation transcript:

Background Technology Portfolio Management

Background/History Owned by Mohegan Tribe of Indians Opened in October 1996 with what is now Earth Casino Managed through a joint venture between Sun International Hotels and Waterford Hotel Group called Trading Cove Associates Management Contract bought out in 1999 – now operated by the Tribe via Mohegan Tribal Gaming Authority (MTGA) Project Sunburst announced in 1999 Hotel/Convention Arena Additional Gaming Additional Food & Beverage (F&B) Additional Retail

For the Fiscal Year Ending Sept 2005 (in millions of dollars) Gaming Revenues$1,202,196 Non Gaming Revenues$ 254,557 Gross Revenue $1,456,753

Mohegan Sun’s Loyalty Program – The Player’s Club One point equates to one dollar Points are earned for gaming play Points are immediately available for use Points can be used in all casino venues Think of a checking debit account

Example – a player has 150 points They can: Pay for a $130 meal at a restaurant – balance of 20 points Pay for $180 worth of jewelry Split tender – 150 points; $30 in cash or credit card Buy $40 of gas – balance of 110 points Pay for a hotel stay of $150; balance of 0 points

Complexity of Integration

Information Systems Project Portfolio Management

Governance Specifying the decision rights and accountability framework to encourage desirable behavior in the use of Information Technology (IT). Center for Information Systems Research - MIT

Governance The IS Steering Committee

IS Strategic Plan: 1.Enhance Marketing Systems 2.Improve Efficiency in Business Processes 3.Application Integration Flexibility and Efficiency 4.Invest in Leading Edge Technologies 5.Develop a World Class IT Organization

IS as an Investment Portfolio INFORMATIONALSTRATEGIC TRANSACTIONAL INFRASTRUCTURE Increased control Better Information Better Integration Improved quality Increased sales Competitive advantage Competitive necessity Market positioning Business integration Business flexibility Reduced marginal cost of IS Reduced IS costs standardization Cut costs Increase throughput Source: Weill & Broadbent “Leveraging the New Infrastructure: How Market leaders capitalize on IT.” Harvard Business School Press 1998

Criteria Used to Rank Strategic Initiatives Regulatory Requirement Mgmt./Tribal Mandate Return on Investment Customer Service Improvement Provides a Competitive Edge Creates Stability or Integrity with Operating Environment Supports Multiple Department Needs Each Long-term, and Short-term strategic goal must be evaluated and prioritized against the established criteria Solves/Cost/Timeliness/Fits/Leverage (High—Medium—Low)

Mohegan Sun’s Top 20 Priorities As of March 9, Monthly Promotions 2.ACSC Modifications 3.CRM 4.Test Automation for App Upgrades 5.100% TITO and High Availability 6.ACSC Upgrade to v Data Warehouse 8.SOX Application and General Controls 9.CMS Transition 10.MindPlay

Mohegan Sun’s Top 20 Priorities As of March 9, Customer Portal 12.Enterprise Call Quality 13.MMS Upgrade to v Cognos Financial Upgrade 15.IS Time Tracking 16.MS Credit Card Processing Conversion 17.Policy Document Management 18.Identity Access Management 19.SAN Infrastructure Extensions 20.Mimix Optimization

Cross Referenced the Strategic Initiatives to the project requests Project Portfolio Strategy Projects A B C D E F XXX

Strategic Initiatives Investment Portfolio Alignment Infrastructure = 23% Transactional = 61% Informational = 5% Strategic = 11% Relative to all initiatives, % of people and other $’s required to support specific initiatives

Project Portfolio Benefits: - A structured methodology was used rather than the “squeaky wheel” method. - Participation by our customers - All things known to all involved - Provides a method to follow in managing change i.e. Budget management & “new work” management - Obtained budget approval during economic instability

Disadvantages: A perceived reluctance to request new work or change the plan because of the formality and extent of work that went into our project portfolio Project Portfolio

Thank You