This is a breakout from Deliver Business Value with IT (the Book) that you can find as well as (Actionable Story Boards) @ https://flevy.com/seller/mpalmgre/ref=mpalmgre that is flick out the slide set on your ipad and start to share with your CIO, Executives and Board.
What has strategy execution, stakeholder priorities, “Time to Market”; business drivers, cost effectiveness & cycle time, Total cost of ownership (TCO); Cost, Consumption, Chargeback, A Business (IT) Model and Value proposition (what?) as well as demand and cost drivers, has to do with the traditional certification Lighthouses such as ITIL, VALIT, COBIT, RISKIT, CMMI, TOGAF, ISO 9000, 20 000, 27 001?
First of all an effective Business (IT) Strategy should cover both the “IT Business Model” and the “IT Value Proposition” and deliver to business priorities.
1: For the IT department to be credible and deliver effectively to the business needs there need to be a clear “IT Business Model”.
The IT Business Model needs to be supported by a Service Strategy (What services do we deliver to the business; ITIL), Delivery Capabilites (How effectively do we deliver the defined services; VALIT, COBIT, RISKIT (to some extent), CMMI), an Infrastructure (this is how we support the defined processes with applications; TOGAF) and Security (ISO 9000, 27000/1).
2: For the IT department to deliver to the Business Strategy there needs to be a clear value proposition with a focus on critical processes to be “automatised” to support the tactical objectives of the business over time in a “Time to Market” logics.
Once services are defined you can then rough out an IT Baseline with cost, consumtion and chargeback together with Total Cost of Ownership and IT contribution to business objectives. Unless you have a clear TTC model / user it is difficult to take fact based decision on any kind of IT investment less validate a BC.
The logics set you can chose a “tool” to automatise (industrialise) your “IT Business Model” (How we deliver IT Services) and your “IT Value Proposition” (This is how we support tactical business objectives with services in a time to market perspective).
I would invite you to discover my new book Deliver Business Value with IT! – Design, Build and Run Effective IT Strategy execution to business needs. @ https://www.smashwords.com/books/view/290604 and soon also on apple store, Amazon, Barnes and Noble.
What the reviewers said: “Deliver Business Value with IT” is an extremely solid piece of work that comes across as the A-Z reference of how to execute and implement IT strategy from a CIO level perspective. The reader will learn robust approaches to deliver services designed to support IT and Business drivers. The perspective that Martin spells out permits an overview of how to leverage existing frameworks but also to effectively support the execution of an IT Strategy aligned with the Business Strategy.
(Jean-Louis Leignel, Ex CIO of the Schneider Electric Group ; past vice-chairman of ISACA (Information System Audit and Control Association), of ISACA’s IT Governance Committee and of the AFAI association (ISACA’s french chapter))
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Connect the dots!