WHY DO YOU NEED
TECHNOLOGY BUSINESS MANAGEMENT (TBM)?
WHY DO YOU NEED TECHNOLOGY BUSINESS MANAGEMENT (TBM)?
Digitization. Shadow IT. Cloud Transformation. IoT. Big Data. Big technology changes spell big challenges for IT.
- BUs don't see value in IT costs
- BUs consume IT like it's free
- Unclear levers for changing costs
- Unfair allocations of costs to BUs
- Run costs crowd out innovation
- Services at risk of top-down cuts
- IT can't justify investments
- Accumulation of tech debt
- Long budget & forecast cycles
- Poor accuracy & accountability
- Demand not factored into plan
- IT cannot defend budgets
LACK OF AGILITY
- Legacy apps mired in fixed costs
- Few cost/quality choices for BUs
- Service owners not empowered
- BUs embrace shadow IT
HOW DOES TBM HELP?
Imagine a world where your business partners look to IT to drive competitive advantage and understand how to optimize value from their IT investments.
WITH BETTER TRANSPARENCY, YOU’LL...
Enable better prioritization of your IT investments in alignment with business strategy
Optimize costs from existing services, and mine savings to pay for new initiatives
Accelerate decisions and improve outcomes through the use of facts and analytics
Engage BUs in more balanced discussions of cost, performance, risk, and value
10 CORE TENETS OF TBM
Today’s technology executives have a big job to do, and the most innovative leaders are driving business value with TBM. Here are the 10 core tenets of TBM.
WHO BENEFITS FROM TBM?
“TBM brings business translation so you and your people can quickly decide on tradeoffs and new investments to improve competitiveness, customer engagement and the bottom line.“
“It changed the discussion with the CFO from, ‘We're just spending money,’ to, ‘We really are managing what we're doing.’”
Exec. Director, IT Finance
“All of a sudden, we had clarity. That's the benefit of TBM. It has made a major difference in our company and how we run the business.”
First American Financial Corp.
Business Unit Execs
“IT has shifted from being an order taker to an originator of ideas to win in the marketplace.”
IT Vice President