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Business and Technology Integration
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Never before has it been more critical to your success to ensure that IT's value meets and exceeds your business demands.
In today's fast moving business world, it is more important than ever that Technology and Business strategies are coupled to deliver competitive advantage . Technology, when combined with innovative business practices, delivers tremendous opportunity for growth and value. IT must assure that it supports the business objectives in order to assure that it continues to multiply human productivity through the provisioning of quality information and services to all levels of management across all Lines of Business. Every business today is investing in IT while projecting what success criteria will be in conjunction with the return on its investment.
The best practice model for accomplishing this is IT Governance.
In its simplest terms, IT Governance is the establishment of formalized mechanisms for initiating, analyzing, planning and controlling all IT activities and measuring, reporting results against the business needs and requirements.
This starts with formalization of IT leadership in terms of structures (roles and responsibilities) and practices (processes and mechanisms for planning, monitoring, and control). And, means for measuring and reporting on how costs are distributed and benefits applied across the businesses served.
This extends into collaborative planning between business and IT planners and improved optimization around integration activities.
Notice that the focus is on monitoring and controlling rather than execution:
Assuring IT value in support of business objectives
Managing IT risk (costs)
Managing information quality, security and availability using ITIL standards (or equivalent)
How is this done? Establish new standards, policies and practices up and down the IT organization and across the Lines Of Business:
Portfolio Management Services - basis for planning, selecting, funding and managing investments in technology, process and assets in support of the business's products and services
Program Management Services - basis for all company initiative and business outcomes delivery
Project Management Services - basis for delivery specific asset, process or other initiative component
Functional Management Services - basis for all LOB functional management
Integration Services - integration of above into coherent, effective IT governance
Asset Optimization Services - Optimize use of IT resources: Information, Applications, Infrastructure and People to:
- Maximize benefits and capitalize on opportunities to gain a competitive edge
- Satisfy quality, fiduciary, security and regulatory requirements for information
Contact us for more information on how we can help you optimize and leverage your IT resources to meet or exceed your business objectives.
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