Leading IT Like a Business ...
After two busy days I am back home and just finished some emails and homework for my job seeking activities. Checking feedback for my applications and the latest results from my job portal search agents.
Below the summary of my Thursday activity, a 3 hour workshop about how to run an IT organization like a professional business. As you can see on the photo, the meeting did happen in a really nice environment outside of Frankfurt. Besides McKinsey & Company and a bank from Austria the organizing company did give two presentations, one about The Four Value Conversations CIOs Must Have With Their Business for example.
So what are we talking about? "Imagine a world where your business partners look to IT to drive competitive advantage and understand how to optimize value from their IT investments. That’s the world TBM (Technology Business Management) makes possible." There have been a lot of companies asking themselves the same question and they finally did build a none profit organization called the TBM council (http://tbmcouncil.org/learn-tbm/ - here you can find a lot of valuable information about the TBM topic and the membership is even for free). The TBM council has 3000+ members, representing > $1 Trillion in revenue and > $20 Billion in Technology & Investments.
Apptio the company organizing the workshop did put together The Standard Model For IT Costs - The Apptio TBM Unified Model™ (ATUM™) standardizes the financial information necessary for IT leaders to manage their technology business (http://www.apptio.com/products/standards/atum). A lot of good stuff and a motivation to drive IT organizations differently, from a pure service provider up to a business enabler.
Here my key take aways from Thursday:
- Promise what you can deliver, then deliver on your promise
- Get transparency quickly, get short-term savings and opportunities fast
- Provide more for less
- Never organize and control your company in Excel sheets
- Never ever rebuild SAP functionality in the TBM tool
- Find implementation partners understanding your business and not only the tool
- Get rid of recursion - no excuses !!
More to come about my Friday visit to the #DWNRW Summit in Essen.