How do I get the most value out of my technology investments?
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  • 1. How do I get the most value out of my technology investments?
  • 2. Anupam Kundu / Principal Manu Tandon / Principal ThoughtWorks NY Office
  • 3. - IBM, CEO Study 2012 Technology is the number #1 concern of CEOs worldwide
  • 4. 66% of projects fail or are ‘marginal’ 61% of features delivered 2/3 IT projects are challenged Over budget by 189% Over schedule by 220%
  • 5. We will define and understand the usage of: • Strategic IT vs. Utility IT • Time to Market • Value vs. Waste • Roadmap planning
  • 6. no more heroes
  • 7. Strategy is about understanding what you do, looking out over the long-term future to determine what you want to become, and—most importantly—focusing on how you plan to get there. - C. Davis Fogg, Strategist Strategic vs. Utility IT
  • 8. glass-steagal
  • 9. utility
  • 10. Criticality Cost Retire Continue Maintain As-is Improve Cost- Effectiveness
  • 11. Cost Value activation candidate termination candidate termination candidate active project planned project
  • 12. The main obstacles to improved business responsiveness are slow decision-making, conflicting departmental goals and priorities, risk-averse cultures and silo-based information. - The Economist Intelligence Unit Time To Market
  • 13. IT like an oil tanker
  • 14. IT like a speedboat
  • 15. Concept to cash case study
  • 16. value vs waste
  • 17. passing the buck
  • 18. Invisible waste
  • 19. Extra Features Defects Partially Done Work Re-learning Hand offs Delays Task Switching Specialized Silos
  • 20. Go as far as you can see; when you get there, you'll be able to see farther.� - J P Morgan
  • 21. IT whack-a-mole
  • 22. 2013 Q1 2013 Q2 2013 Q3 2013 Q4 For whom: What: Why: Where: For: Platform benefits: For whom: What: Why: Where: For: Platform benefits: For whom: What: Why: Where: For: Platform benefits: For whom: What: Why: Where: For: Platform benefits: Outline dates Release name Stakeholders Release goal Why it’s important Systems affected Business benefits System benefits
  • 23. keep your eye on the ball
  • 24. McKinsey Quarterly Think • How will IT change the basis of competition in our industry? • What will it take to exceed our customers’ expectations in a digital world? • Do our business plans reflect the full potential of technology to improve our performance? • Is our portfolio of technology investments aligned with opportunities and threats? •How will IT improve our operational and strategic agility? •Do we have the capabilities required to deliver value from IT?
  • 25. We can’t do this— We’re in finance!� -You, maybe
  • 26. continuous delivery
  • 27. 30 updates a day
  • 28. Anupam Kundu / Principal Manu Tandon / Principal ThoughtWorks NY Office ak@thoughtworks.com Questions?