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22 Posts authored by: info@tbmcouncil.org Employee

Who demonstrates excellence in using facts, business processes and culture to improve the business value from IT?

To find out, join us at the TBM Conference in San Diego, November 7-10. Our annual awards ceremony, taking place Tuesday evening, recognizes IT and finance leaders for their ingenuity, creativity and contribution to Technology Business Management. With the support of our Premier Sponsor, KPMG and leadership of our 2016 Selection Committee, the nominees have been narrowed down to 12 transformational finalists.

 

2016 TBM Awards Finalists

 

Business Innovation 

Nike
Royal Bank of Scotland

 

IT Optimization 

Hewlett Packard Enterprise

MetLife

 

IT Services Transformation 

Berkley Technology Services a W.R. Berkley Company

FedEx

Strategy and Planning Excellence

CHRISTUS Health

Cargill

 

CFO of IT Excellence 
KeyBank

Xerox

 

TBM Business Leadership

ExxonMobil

Maritz

 

Their stories will be shared at our always amazing TBM Awards Ceremony! At the conference, you'll hear from dozens of CIOs, IT finance leaders and TBM executives on how they've tackled tough challenges with facts.

To learn more and to register, visit
http://tbmcouncil.org/events/tbmconference-2016

The engines are revving and we are getting ready to arrive in San Diego for TBM Conference 2016 next month!

Hosted by the Technology Business Management (TBM) Council, the TBM Conference is the world’s only multi-day gathering dedicated to managing the business of IT. Technology and Finance leaders from around the globe will convene to exchange ideas, share strategies, advance careers, and connect with peers between November 7th and November 10th. Over the course of the conference, more than 65 business-technology leaders will take the stage and bring light and learnings to many of the challenges facing our industry today. Topics and discussions include best practices for investment optimization and more balanced business conversations; increased transparency and the resulting improved relationships with business partners; and how TBM is an accelerator to cloud adoption and better cloud management. But that is just highlighting a small portion of the powerful conversations taking place!

 

Kicking off this year’s conference is Rob Carter, EVP and CIO for FedEx Corporation who will present Monday, November 7th in our evening Welcome Keynote. Carter will set the tone for the next few days as top business-technology leaders continue the momentum and sharing of the conference theme “Deliver Business Value in the Digital Economy”. Some sessions to watch out for are:

 

DAY 1:

  • ExxonMobil’s Ulka Wilson, IT CFO, Arthur Borges, TBM Office Manager, and Chris Kiser, TBM Analyst will share how their TBM practice has advanced business conversations to focus on cost, performance, and value.

 

DAY 2:

  • A joint conversation between two leading healthcare providers, Ascension Health and Intermountain Healthcare will provide insight into how they are each tackling the transition to consumption-based chargeback, and their reasons for moving from showback only. A truly insightful and transparent conversation!

 

DAY 3:

  • A panel discussion that shares how TBM is the “Rosetta stone” for merger & acquisition activity. Including providing the financial transparency for processing the deal, guiding the organizations on how best to achieve cost savings and maintain data integrity as they join, and a record of reference which supports and communicates decisions across the two organizations.
  • The TBM Adoption Series, for the 3rd year in a row, we will hold sessions which include a panel of TBM practitioners focusing on how to overcome data challenges, and how best to socialize TBM through the adoption process

 

In addition to a packed agenda of TBM learning, you won't want to miss the amazing evening events including the 2016 TBM Awards sponsored by TBM Council Alliance Partner and Market Leader, KPMG on Tuesday night, then Wednesday night a private yacht tour of the San Diego Bay.

 

To learn more and to register to attend, check out the complete agenda for TBM Conference 2016 and secure your seat today!

In June 2015, the Federal IT COST Commission set out to establish best practices for IT spending transparency among government agencies. On this coming Thursday, July 21, the group will release their final report that outlines recommendations for applying TBM best practices and standards in the federal sector. All federal technology leaders are invited to attend the final meeting and hear the Commission’s recommendations first-hand.

 

The Federal IT COST Commission

The IT COST Commission was established by members of the TBM Council, to provide federal IT leaders with a set of recommendations for managing their IT spend in a way that eliminates redundancy and inefficiency while generating the most value for Americans. The Commission is a made up of federal agency CIOs, representatives from the Office of Management and Budget (OMB), the Technology Business Management (TBM) Council, and industry-leading advisory firms and solution partners including Apptio, Capgemini, Cask, Deloitte, ISG, and Tanium. The Commission met regularly over the past year to discuss and draft the recommendations for applying TBM standards within the federal government.

 

What to Expect from the Final Report

The final ITCC report provides insight into the TBM approach of managing IT cost and value. It will detail the prescribed best practices and details for implementing TBM within the public sector. The report includes recommendations in the following categories:

 

  • TBM Taxonomy and Metrics -  a standardized language for describing what IT delivers and at what cost, along with consumption and composition for meaningful analysis, benchmarking, and planning

  • Financial Accounting and Reporting - minor adjustments to the way federal agencies account for IT spending

  • Governance and Standards - policies and other steps to ensure TBM programs mature and deliver improved decision-making capabilities

  • Organizational Capabilities - roles, responsibilities, and other human considerations for improved transparency and decision making

  • Functional Capabilities - tools, cost modeling, and other requirements needed for effective and sustainable transparency

 

Attend the Final Meeting

Join your federal IT peers at the final Federal IT COST Commission meeting on Thursday, July 21, taking place at the General Services Administration. Attendees will have the opportunity to hear the final recommendations and participate in a Q&A with Commission members. Reserve your seat today.

 

 

Questions about the Federal ITCC report? Contact Todd Tucker at ttucker@tbmcouncil.og.

“The instant “fame” was great but what really hit home was the sudden interest in our work.  We were able to use this win as an opportunity to expand our scope to new areas and drive more engagement.” - Sheenal Patel, Client Engagement Manager at Fannie Mae,

 

It has been a little more than nine months since the 2015 TBM Conference and with nominations open for the 2016 awards, I decided to catch up with Sheenal Patel, Client Engagement Manager at Fannie Mae, to learn more about what winning a TBM Award meant to her and her team. The Fannie Mae team won the 2015 IT Services Transformation Award for their work in shaping technology investment and operations at Fannie Mae. Their work with TBM has allowed them to retire orphaned infrastructure, establish closer collaboration with the business, and re-configure teams and tasks.

 

Fannie Mae HQ.PNGhttps://www.youtube.com/watch?v=hOPgtMlKV1E

 

Below are some highlights from my conversation with Sheenal.

 

TBM Council: What did winning the IT Services Transformation Award mean to you and your team?

 

Sheenal: We’ve done some incredible work that has demonstrated great value across the organization. Winning this award was such an honor and receiving recognition for all of the hard work our team put into this implementation felt great.  To know that the panel of judges, well respected professionals in the industry, found our case study not only worthy of being a finalist but then ultimately winning the award felt extremely validating.

 

TBM Council: What has changed since winning the award?

 

Sheenal: After winning the award, we felt like rock stars as we walked through the halls of the conference. When we came back home, we really felt the love. News of our award traveled fast. Our Corporate Communications team posted the announcement on the internal website so we were receiving emails, calls, texts congratulating us on the win. The instant “fame” was great but what really hit home was the sudden interest in our work.  We were able to use this win as an opportunity to expand our scope to new areas and drive more engagement.

 

TBM Council: What would you tell someone who is unsure about submitting a nomination?

 

Sheenal: Just submit the nomination. The worst thing that can happen is that you don’t win this year but you never know until you give it a shot. It’s like playing the lottery…you can’t win unless you try.  Your hard work deserves the recognition!

 

TBM Council: After being a part of the process and ceremony last year, what qualities stood out to you about the other finalists? 

 

Sheenal: The biggest quality I noticed was the enthusiasm each of the teams demonstrated.  They not only felt proud of the work they accomplished but were so optimistic about the work ahead of them and their role in continuing to drive the importance of TBM.

 

TBM Council: What has been your biggest takeaway from being a part of the TBM community? 

 

Sheenal: The TBM community is strong. The TBM Awards is a great opportunity to get your work out there and be recognized.

 

Thanks to Sheenal and all the members of the Fannie Mae team for sharing their TBM journey with the Council. We can't wait to see what you else you accomplish moving forward!

 

Who will be the winners of the 2016 TBM Awards competition? You don't want to miss the awards ceremony at TBM Conference 2016. Register before October 7, 2016 to save up to $500!

June 8, 2016 marked the third annual gathering of CIOs and executives across Europe at the European TBM Summit. Visionary IT Leaders and market commentators at the Summit discussed a range of topics and shared powerful insights around their integration of Technology Business Management (TBM) and the lessons that come with it.

 

The Summit was one we will remember for years to come, but there were a few standout moments that we are likely never to forget.

 

Release of the TBM Book

Todd-Book-Signing.jpgAfter years of research, interviews, and multiple drafts, TBM Council General Manager Todd Tucker released the first ever book on TBM! Technology Business Management: The Four Value Conversations CIOs Must Have with Their Businesses was possible thanks to TBM Council Board members and many Principal Members who contributed their time and shared the impact TBM has had driving their businesses. This book is the go-to resource for technology leaders who are striving to become better partners and service providers who deliver business value through TBM.

 

Launch of the 2016 TBM Nominations

TBM Council President, Chris Pick, announced that nominations for the 2016 TBM Awards are now open! The TBM Awards are the highlight of our year and such a great way to honor IT and finance leaders and teams who are transforming their organizations with TBM. We are receiving daily nominations since Chris’s announcement and are thrilled with the caliber of companies and leaders being represented this year. Submit a nomination from now until July 3. We want to hear from you!

 

Su-Crighton-Re-Tweet.PNG

Saving More Lives

The TBM Council was very proud to support Cancer Research UK at this year's European Summit. Su Crighton, Director of Technology & Change at Cancer Research UK, shared how TBM is helping the charity to drive cost savings that support the organization’s research and ultimately, save more lives. Thanks to our generous attendees and auction donations from Etihad Aviation Group, Nationwide Building Society, and Apptio, we generated at least £6,000.00 for this amazing charity.

 

Invaluable Networking

One of the unique elements of our Summit is the level of networking and the openness with which our delegates share their experiences and learnings with one another – and this year was no exception. Between each session and during the breaks, attendees were engaged in powerful conversations with one another. The networking continued into the evening when attendees boarded the Silver Sturgeon river yacht and enjoyed a “Casino Royale” experience while taking in London’s historical landmarks. These moments of networking provided some of the most valuable takeaways from the Summit and we were thrilled to see the level of engagement and interaction taking place throughout the day.

 

Until Next Time

We can’t believe the 2016 European Summit is over. We are already counting down the days until next year. Thank you to our amazing MC, Debra Bailey, and to all our speakers, delegates and sponsors who made this amazing conference so memorable. Interested in attending the 2016 Australian TBM Summit or the 2016 TBM Conference in San Diego? Learn more at TBM Council Events!

Launched At TBM European Summit 2016, New Book Arms IT Leaders with Proven Framework to Drive Business Value

 

LONDON, June 8, 2016 /PRNewswire/ -- The Technology Business Management (TBM) Council, a nonprofit organization dedicated to developing and promoting best practices for managing IT like a business, today announced the launch of a new book, Technology Business Management: The Four Business Disciplines Successful CIOs Use to Optimize Value. Written for IT leaders, this new book describes a proactive approach to optimizing the business value of IT through the discipline of TBM. Informed by the success of the Council's more than 2,500 members, the book provides a practical, applied framework for driving innovation and business value from IT investments and resources.

Launched at the TBM European Summit 2016, the TBM book draws on case studies from organizations like Cisco, Cox Enterprises, eBay, Kaiser Permanente and Nationwide Building Society. The book showcases how TBM disciplines, tools and data have helped CIOs better understand and communicate IT value, optimize spending, plan in alignment with the business and transform into a services-led IT organization.

 

"Forget big data, social, mobile and cloud. The real change in the past decade is that technology is no longer a business enabler; it is the business. When your business is on the line and your function is front and center, you need a method and system born in technology and designed for technology leaders.  TBM is that method and system, and this book is the definitive manual for the management system of the modern technology-based enterprise," said Ralph Loura, Global CTO, Rodan + Fields.

 

Authored by TBM Council General Manager Todd Tucker, the book is supported by the Council's Board of Directors and serves the nonprofit's mandate for education and standardization. The board is led by CIOs and CTOs from AIG, AOL, ExxonMobil, Microsoft, SunTrust Banks, WorleyParsons and many more with the aim to establish and promote business management standards and practices that empower IT executives to collaborate with their business partners.

"For many CIOs, the value they deliver is elusive," said Chris Pick, President of the TBM Council. "Many IT leaders find themselves trapped in a vicious cycle of defending their budgets, cutting resources when times are tight, and struggling to keep pace with an insatiable business appetite for innovation. The TBM book was written to serve as a key resource to help IT leaders leverage and share facts to make better business decisions around their technology investments."

 

With the new TBM book, IT leaders will better understand:

 

  • A proven framework of TBM that defines the disciplines of creating transparency, delivering value for the money, shaping business demand, and governing for value
  • How to arm IT leaders with the facts and tradeoffs that are essential to value conversations internally and with their business partners
  • Practical guidance for optimizing run-the-business spending to better fund and govern change-the-business investments
  • How better business management helps the IT organization be a better service provider, value partner and business driver
  • Using transparency to manage all technology resources — people, assets, vendors, services and cloud

 

To download a copy of the book or learn more about Technology Business Management, please visit: http://tbmcouncil.org/learn-tbm/tbm-book.html

 

About the TBM Council

 

The Technology Business Management (TBM) Council is a nonprofit business entity focused on the development of a definitive framework for running technology organizations like a business. It is governed by an independent board of IT leaders from a diverse group of the world's most innovative companies like Cisco Systems, DuPont, ExxonMobil, First American, Goldman Sachs, Hewlett-Packard, Microsoft, Nike, WorleyParsons, Apptio, and more. The TBM Council's mission is to serve its members by delivering on key mandates of collaboration, standardization, and education. To learn more about the TBM Council, visit:www.tbmcouncil.org.

 

SOURCE Technology Business Management (TBM) Council

It’s that time of year again! The 2016 TBM Awards are now open for nominations.

 

 

The TBM Awards honor pioneers in IT and finance that consistently demonstrate the business value IT delivers through the discipline of Technology Business Management (TBM). What does this mean exactly? The Selection Committee seeks to identify leaders and teams that have changed the value conversation around IT. Nominees drive organizational-wide innovation and establish roadmaps for future growth.

 

Reasons to Nominate

Nominating yourself, your team, or your peers gives the greater TBM community the benefit of hearing and learning from other unique experiences. Still need further convincing? Here are three reasons you should spend the next three minutes submitting a nomination:

 

1. Share Your Story

The TBM Council’s mission is to advance TBM through community collaboration and engagement. Members want to hear stories from their peers on where they found success and where they faced challenges. The awards create a platform for IT and finance leaders to share their journey. Finalists’ stories will be featured as case studies on tbmcouncil.org.

 

2. Honor Your Team

The TBM Awards is a great opportunity to let your team and/or management know that their work is not going unnoticed. Your organization is more efficient, effective, and strategic because of their work, so give them the recognition they deserve! All finalists will be featured on tbmcouncil.org and at the TBM Awards Ceremony on November 8, 2016.

 

3. Advance TBM

All nominees will be sent the KPMG TBM Proficiency Assessment to complete. The assessment is based on a set weighting of predetermined criteria for proficiency in TBM. Every assessment contributes unique insight and knowledge that is used in the continued development of TBM. Results from the assessment are kept confidential, but they are a core aspect of the evaluation criteria for this year’s TBM Awards winners, and will contribute to the 2016 TBM Proficiency Assessment Report. The report provides statistics and analysis on what organizations can do to progress their TBM journey.

 

Nominations will be open through July 3, 2016. Visit the FAQ page to learn more about the awards process and the next steps for nominees. Nominate yourself, your team, or a peer today!

 

Contact awards@tbmcouncil.org with questions and follow @TBMCouncil for the latest updates.