Every Business Is Becoming Digital. Are You Keeping Pace?

Author and professor Venkat Venkatraman recently spoke to the SIM Boston chapter about how IT leaders within established companies can recognize and respond to digital shifts.

The observations and advice that Venkatraman offers in his book The Digital Matrix: New Rules for Business Transformation Through Technology are practical and prophetic at the same time. He covers many valuable concepts including the digitization of business models (products, services, and processes), the future of digital (based on the trajectory of bandwidth, connectivity, and computational power), and how to create and capture value (through scale, scope, and speed).

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CIOs: Never Ask for Money Again

How Do You Fund Your IT Investments?

First of all, if you are an IT manager or executive and have asked for money to fund a project, you are brave. Too many folks in IT are order-takers. So, hats off to those valiant IT leaders who create business cases for IT initiatives, and present justifications for investments.

However, there is an inherent issue with “asking for money.” It’s as uncomfortable for the asker as it is for the askee. It is almost like you are asking to borrow money with a promise to repay with interest if everything works out.

What’s worse, a pattern of asking for money widens the gap between the business and IT. It doesn’t need to be like this.

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Improving Business Processes: How to Run a Value Stream Mapping Workshop

Value Stream Mapping (VSM) has its origin in manufacturing, but has been successfully adopted for business processes. Why should IT consider conducting a VSM workshop?

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What Does Talent Management Have to Do With IT_ Everything

What Does Talent Management Have to Do With IT? Everything.

As a leader at an IT organization, your first priority is successfully developing your IT product or services. Yet you might find yourself hindered by poor performing programs, or employees who are ill equipped to execute your vision.

One way to infer that your organization isn’t spending the time and effort necessary on talent management is if your employees say (or think) any of the following statements:

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Is Your IT Architecture Designed to Strengthen Your Business Capabilities?

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For years, consultants have been recommending tighter alignment between IT and business strategy. At a high level, it makes perfect sense. But when you begin to peel back the various layers of organizational complexity, aligning IT with the needs of the business becomes a more complicated exercise.

In order to optimize the alignment of IT and business strategy, organizations must understand the discrete business capabilities that the IT architecture is intended to enhance, and build accordingly. At the same time, the IT architecture needs to be able to adapt as the business changes.

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