How do I get the most value out of my technology investments?
-
Upload
thoughtworks -
Category
Technology
-
view
117 -
download
0
Transcript of How do I get the most value out of my technology investments?
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%
We will define and understand the usage of:
• Strategic IT vs. Utility IT• Time to Market• Value vs. Waste• Roadmap planning
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
Cost
Value
activation candidate
termination candidate
termination candidate
active project
planned project
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
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
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?