How to measure maturity of software organization in cost effective manner

Figure 1 Picture form 1stmuse.com depicting CMMI maturity by SEI Carnegie Mellon University

In beginning year 2011, I happen to be in Europe doing consulting for a Banking Organization. This Banking organizations used exponential IT technologies to deliver banking,finance and insurance solutions to its Customers. One of the key KPI of the IT leadership of the banking organizations was to…