Wednesday, October 17, 2007

2008- the intersection of business process and IT.

I was looking for a way to articulate the benefit of Business Value Management. In my career in account management, a common theme that rises to the top at my clients is there has always been islands of information and stand alone processes. It amazes me that CFO's are marching down one route, looking at processes, while CIO's staff are always looking for the next great piece of software or hardware that delivers some unique business value. With enterprise ERP provider's now offering, though acquisition, "full suite" applications, it is time for CIO's and CFO's to sit at the table to uncover and define one version of the truth. A common vision, goal, taxonomy and methodology must be agreed upon before the journey begins. Lean/Six Sigma, Agile, TCO etc. will only "polish the apple. If the core is broken, those processes must be identified and road mapped for remediation.

My career in market research with my clients being both the CFO's office, at Hackett and the CIO and his staff, at Gartner tells me that they are on a journey with two distinct talk tracks in regards to how they define of business value. The good news is, the unification of business and technology has begun, and it is the IT providers who now talk about the business value of their services and products.

2008 will be the intersection of IT and business process at the function level and will we will start to see a emphasis defining business value at the process and activity level.