ReThink IT - Understanding the New World of IT
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ReThink IT - Understanding the New World of IT

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This new world of technology presents an unprecedented opportunity for executives to enhance IT’s value across the enterprise. ReThink IT analyzes the five most disruptive trends in IT, and ...

This new world of technology presents an unprecedented opportunity for executives to enhance IT’s value across the enterprise. ReThink IT analyzes the five most disruptive trends in IT, and addresses the issues and challenges faced by today’s CIO and IT leaders. These disruptive trends point to a new role for IT and the CIO, and the fact that IT responsibilities have moved into the business makes the role of services integrator and advisor to the business the primary focus of the CIO.

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    ReThink IT - Understanding the New World of IT ReThink IT - Understanding the New World of IT Presentation Transcript

    • UNDERSTANDING THE NEW WORLD OF IT Five Actionable Strategies to Drive Business Value from IT
    • FIVE DISRUPTIVE TRENDS DRIVING IT TRANSFORMATION Responsibility for IT is Moving to the Business Convergence of ITO and BPO Social, Big Data, Mobility, and Analytics Commoditization of IT and Global Delivery Consumerization of IT
    • RESPONSIBILITY FOR IT IS MOVING TO THE BUSINESS Easy to procure & run software and the consumerization of IT have changed the value the IT department can provide to the business unit.
    • THE CONVERGENCE OF BUSINESS PROCESS AND IT OUTSOURCING New utility models allow companies to outsource and bundle process, technology, and people support into one contract and price.
    • BIG DATA AND ANALYTICS The huge volumes and variety of data that reside within reach of very large company’s systems, and the need to turn these so-called “Big Data” into insights.
    • SOCIAL New social networks are constantly being created, requiring a new form of collaboration between IT and the business.
    • MOBILITY Produces an ongoing change in the way employees work and customers buy.
    • THE COMMODITIZATION OF IT Cloud, as-a-service, remote management and offshore development are just a few ways IT is becoming cheaper and more efficient.
    • THE CONSUMERIZATION OF IT Employees demand 24x7 access to business information and decision-making insights, on the device that they choose.
    • FIVE ACTIONABLE STRATEGIES TO DRIVE BUSINESS VALUE FROM IT IT’S A NEW WORLD FOR IT Business and IT executives and their staffs face a far different world than their predecessors did even ten years ago. Companies that are early adopters of these five disruptive trends are managingthe issues very differently.
    • STRATEGY #1 NEW IT SUPPLY CHAIN Become an orchestrator and integrator of IT services insourced and outsourced around the globe.
    • STRATEGY #2 GOVERNANCE AND VENDOR MANAGEMENT Establish both a holistic governance strategy and a vendor management organization.
    • STRATEGY #3 NEW IT ROLES, RESPONSIBILITIES AND SKILLS ► STRATEGIC PLANNING ► ARCHITECTURE PLANNING ► RELATIONSHIP BUILDING ► GOVERNANCE AND VENDOR MANAGEMENT ► BUSINESS LEADERSHIP ► BUSINESS SYSTEMS AND PROCESS THINKING ► INDUSTRY KNOWLEDGE
    • STRATEGY #4 NEW WAY TO MANAGE IT SERVICES AND PROJECT PORTFOLIO Transform to the best practices of IT Service Management (ITSM) and portfolio analysis.
    • STRATEGY #5 NEW DEFINITION OF IT BUSINESS VALUE Redefine the value that IT provides from cost savings and operational efficiency to strategic value and revenue growth.
    • ABOUT WGROUP Founded in 1995, WGroup is a boutique management consulting firm that provides Strategy, Management and Execution Services to optimize business performance, minimize cost and create value. Our consultants have years of experience both as industry executives and trusted advisors to help clients think through complicated and pressing challenges to drive their business forward. For more information visit http://thinkwgroup.com/rethinkit