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Business Relationship Management Key to Unlocking IT Value Gary Hardy - IT Winners

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Business Relationship Management – Key to

Unlocking IT Value

Gary Hardy - IT Winners

Today’s Technology Paradox (the same for many years)

Same old challenges:

• Communication gaps

• Lost value opportunities

• IT is merely a service provider

• IT providers use a “secret language”

• Business leaders not confident

• Poor working practices

Huge potential benefits:

• Incredible technology advances

• Every business improvement requires digital

• Technology now pervasive and part of everything

• No shortage of good practices

Business and IT (and HR and Finance) functions are not aligned – they work in silos!

Today’s Technology Paradox (the future could be different ☺)

Chaos report

50.000 IT enabled Initiatives around the world

29% Successful

✓ Executive Sponsorship✓ Emotional maturity✓User involvement

2017 – The Timing is Right – Never Been More Important

➢ Technology trends– digital businesses, innovation and agility

➢ Technology affects everyone in the enterprise

➢ KING IV – focus on outcomes not just practices

➢ Technology initiatives are really business changes

➢ From support to a business value partnership

➢ IT, HR, and Finance are ALL critical support functions

➢ Shift from alignment to convergence (shared-ownership)

➢ Shift from provider as a commodity / order taker to a strategic partner

About Business Relationship Management Institute

Incorporated in March 2013 with a mission…

“To inspire, promote, and develop excellence in Business Relationship Management

across the globe, leading to outstanding business value for organizations and professional

fulfillment of every individual member of the BRM community”.

• Fulfilled through:

• A learning community of BRM professionals

• A wiki collaboration platform

• BRM Interactive Body of Knowledge™

• Professional BRM training, development and certification

• BRM research and publicationsFind us at: https://brm.institute/

BRM - Focus is on Business Value

Driver( Business “What”)

✓ What are the 2 or 3 critical business outcomes from their strategy plan that thebusiness partner needs to achieve?

Initiatives( Business “How”)

✓ How does the business partner intend to go about achieving these outcomes?

Enablers( Provider “What”)

✓ What capabilities or enablers are needed to implement the initiatives?

IT, HR, Finance( Provider “How”)

✓ How do our services and solutions deliver these capabilities & enablers?

Solution-Based Discussions start with what we provide and seek to establish a

connection with a pressing business partner problem. They tend to be focused

more on the service or solution than the partner’s critical business problem, and

may be appropriate in supporting an existing solution.

Value-Based Discussions start with the business partner’s most pressing

business problems and move from left to right in this chart, eventually making a

direct and often compelling value connection with a specific service or solution.

These discussions may be more appropriate when extending into new services

or developing innovative solutions.

Start Here (sub-optimal)

Start Here (optimal)

BRM – It’s A Way of Working to Converge and Collaborate!

An Art and a Science

The SCIENCE is in the process, method, organisation etc.

The ART is in the communication, personal behaviour, culture and attitude

Business Demand Maturity

Provider Capability Maturity

BRM Competency

Business Relationship

Maturity

BUSINESSVALUE

Ensures creativity, speed, innovation and maximum business value results

BRM Converges Business with IT, HR and Finance

BRM Competencies – BRM DNA™

Scope of the BRMP and CBRMBOK and Certification

BRM Relationships

Maturity Model

Strategic Partner -Shared Goals for maximising value and shared risk and reward

BRM strategic partnering contributes to business strategy formulation & shapes business demand for the provider’s services

IT is unable to make the

business case forIT investmentsfor mitigatingrisks and for

adoptingemerging

technologies.

The business does not

understand ITnor what questions

it should ask of IT..

IT is not seenas a trusted

advisor.

BRM Business IQ: Connector, Orchestrator, Navigator

A TOP scoring ABC card from World-Wide-Workshops > 3000 organizations

Business Relationship Management Stimulates, Surfaces and Shapes

Business demand for a provider’s Products and Services

and ENSURES that the potentialBusiness Value

from those Products and Servicesis Captured, Optimized and Recognized

BRM Portfolio Management Optimises Investments

IT does notfully understand which businessdemands are important in

terms of benefits realization,

Cost reduction orrisk optimization..

IT decides priority ofchanges

Business managersInsist all THEIRInvestments inIT have priority over other IT investments

BRM Provider Domain – Services Integrate With Business Capabilities

IT reports areinternally focusedand the businessdoes not know

what it should beasking fromIT in terms of reports.

IT is not awareof the impact of

outages onvalue realizationor business risk and is unable to

make the case forinvesting in ITSM.

BRM Business Transition Management – More than Just Change Enablement

70%DON’T GET

VALUEFROM

IMPROVEMENTINITIATIVES

Business Transition Management ensures

that business areas impacted by an initiative are:

identified,

they understand and

are prepared for

the business transition

(not just the technology transition)

so that disruption to business operations is minimised and

the full value of the project is achieved.

BRM – Personal Communications – Emotional Intelligence

Business does not share strategy, doesnot govern IT,

does not LISTEN to IT

and blames IT

IT is technologyfocused and

has no insightInto strategy,

blames businessand is frustrated

business doesnot LISTEN

to IT

BRM Planning Technique – Relationship Strategy on a Page

Shared Vision What is the common set of goals and objectives to which both parties are committed?

Relationship Characteristics

What focused and collaborative initiatives must we undertake to reach these goals?

How will we know that we are succeeding in developing these characteristics?

Operating Principles What changes are necessary in how we do business?

Performance Measures

KeyInitiatives

What characteristics and capabilities do we need in the relationship to achieve the shared vision?

Takeaways

Shared ownership is key:

• All on the same page

• Driven by business partner value goals

• Working as a team (collaboration)

• At all levels from strategic to tactical

• “Skin in the game” – Win or Fall together

• BRM is the Key to Unlocking Technology Value!

Thank you!

Closing comments / credits / contact [email protected]@garyianhardy