This is another major gap that is in the approach the company is taking with the implementation of Maestro today as well. SunLife is not taking into account the deep expertise and knowledge within the company to streamline and make more efficient the selling process, and as a result the resistance to change on the part of agents just increases over time. They fail to see the value of making any significant shift in how they view new technologies to help them sell more effectively or continually be trusted advisors over time.
SunLife has an exceptionally strong grasp of technologies and their contributions to each aspect of the insurance sales, account management and risk management aspects of the insurance industry. Several times in the case study the point is made that SunLife Canada senior management sees IT as a strategic weapon. This commitment to technology is exemplified in the extensive level of investment in high-end mainframe computers including the IBM 3093 in corporate headquarters, and the investment in IBM System 36 minicomputers throughout the branches. There is also evident in the millions of dollars spent on the Advanced Life Insurance Systems (ALIS) mainframe-based core record-keeping system and the Agent Micro Systems (AMS) is the low-end CRM application running on agent's PCs. The investment in Maestro further shows a willingness on the part of senior management to continually seek the competitive advantages of IT in their business.
Analyzing Maestro Using the Systems Development Lifecycle (SDLC)
The Systems Development Lifecycle (SDLC) is comprised of the phases of systems initiation, system requirements analysis, system design, system construction, system acceptance and systems implementation (Worthington, 2001). The underlying concept of the SDLC is to continually seek to align user needs and requirements with the current state of technologies and systems an organization is attempting to transform into a competitive advantage (Levasseur, 2011). The Maestro initiative however is being launched more as an IT accomplishment, less as a means to assist the sales team in being more effective. The lukewarm response IT is getting from the sales force emanates from the fact that their core process areas including quoting, policy creation, policy maintenance and the sales of more complex services are still not automated or streamline...
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now