As the global marketplace becomes increasingly competitive, CEOs today are placing a high degree of importance on business, and technology integration. Nearly 80 percent of the CEOs interviewed in The University Alliance’s Global CEO Study rated business innovation enabled by digital transformation as of “great importance.” However, there is a significant gap between their desired levels of digitalization, and the extent of the transformation they’ve actually achieved. Many feel that the current level of alignment between business, and IT is inadequate in their enterprise, and they find this to be a real source of frustration.
For the organizations that can achieve their goal, we see a successful pattern of the executive team working with their CIOs, to become collaborative partners. Which means those CIOs need to think in business terms. This unfolding new perspective means that CIOs must also analyze their IT business in much the same way a CEO or CFO might analyze the business of the overall organization. Building on a technique developed to help executive teams model their businesses in terms of key competencies, we created the Business Model for the Business Model of IT (BMofIT) framework. BM of IT is designed to help CIOs, and their teams take a business-oriented approach to IT.
The purpose of a BM of IT optimization is to achieve the “best” design relative to a set of prioritized criteria or constraints. These include maximizing factors such as productivity, strength, reliability, longevity, efficiency, and utilization. The IT capability modelling approach helps executives identify priorities for innovation, and investment by breaking their IT organizations down into strategic, tactical and operational areas, and the competencies within these areas. These competencies can be assessed for strategic competitiveness, and differentiation as well as tactical governance, monitoring, and control and at last but not least the operational execution of effectiveness, and efficiency, and mapped against spending, and staffing data, to identify the right strategic, tactical and operational priorities. The technique draws on It strategy aspects, and relates them to business modelling, business architecture, business process management, and value management principles, and techniques to identify, create, and realize the performance, and value an IT organization could deliver to its organization.
We offer the following BM of IT services:
- Create a strategic IT view
- analysis of the current Business Model of IT situation, and come up with detailed improvement suggestions.
- Apply IT Design Thinking to your IT organisation.
- Reshape the Business Model of IT.
- IT cost cutting.
- Identify what would be a suitable IT business model for you?
- Identify where high complexity exists within the Business Model of IT, and specify a need for simplification, and reduction of complexity.
- Develop a Business Model of IT view (A3).
- Analyze and evaluate your Business Model of IT Maturity.
- Assess your existing Business Model of IT Strategy and help enhance it.
- Develop directional Business Model of IT aspects (vision, strategy, objectives, etc.).
- Identify Business Model of IT requirements and assess your development potential.
- Design a new – or improve upon an existing – Business Model of IT Roadmap.
- Assess and develop your Business Model of IT Portfolio concept.
- Analyze your Business Model of IT user (role) concept.
- Rethink and transform your IT workflows (manual and automated).
- Recognize and agree on where and how to go about IT standardization.
- Determine how you can break free from your Business Model of IT siloes.
- Spot and detail how to decomplexify your Business Model of IT solutions.
- Identify optimization potential within the Business Model of IT concepts.
- Assign and work with your Business Model of IT owners.
- Develop a continuous Business Model of IT improvement technique.
- Work with IT change, and make it stick!
Other services which might be interesting in combination with the above:
- We have data across 10 sectors, and 52 different industries, categorised according to which practices are worst, best, and outperforming practices. Therefore, we can benchmark you against these practices, and come with detailed improvement suggestions of where, and how you could learn from others, enabling you with best, industry, and outperforming practices.
- Knowledge worker analysis; identification of your best IT knowledge workers (depending on industry, about 5-15% are core differentiating, and core competitive knowledge workers). The rest are non-core knowledge workers, and therefore differentiating the Business Model of IT concepts adds no value.
- How to go about Business Model of IT cost reduction.
- How to go about Business Model of IT Innovation & Transformation (incl. advanced categorisation, and classification). This could be used to develop clean, and simple:
- Develop a Business Model of IT Business Case.
- Business Model of IT Change Management services.
Standard Number: #LEAD-ES50002BC