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Business Technology Strategy

2 Posts tagged with the public_sector tag
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Enjoy your holidays with family and friends, but do take a short break to read these two excellent and highly relevant articles from the current McKinsey Quarterly. They may offer some inspiration for the new year.

 

 

 

The first is an interview with Shelley Leibowitz, former CIO at giant financial firms JP Morgan and Greenwich Capital [now part of Royal Bank of Scotland], who is now CIO at the World Bank.

 

 

She offers a thoughtful perspective about IT transformation, IT value, public versus private-sector responsibilities, and what she calls Information Management Technology—delivering IT throughout the organization.

 

 

There’s also a video capturing her thoughts about leading a truly global organization and getting in turn with the bank’s passion and mission.

 

 

The second provocative article, Reshaping IT Management for Turbulent Times, puts forth a new management model for IT that combines “factory-style productivity to keep costs down with a more nimble, innovation-focused approach to adapt to rapid change.” The approach is more than “relabeling functions,” the article contends. It challenges CIOs to adopt new leadership, governance and organizational changes to offer more effective IT services going forward.

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"What are you going to not buy?" That's a question I'd like you to consider as you read on...

 

Here's a case study of a CIO who handled some pretty drastic cost cutting in a really sensible, healthy way:
          http://www.ndma.com/resources/docs/Case_Study_Riverside_2.pdf

Matt Frymire, CIO of Riverside County, California, developed a product/service catalog with costs, and submitted his budget in a new format -- the costs of what he planned to "sell" the business, not just what he planned to spend.

 

This allowed him to manage demand. When faced with a 30% budget cut, he asked his clients, "What do you want to not buy?"

 

Once the tough business decisions were made, Frymire extracted costs from his IT organization directly associated with those now-cancelled projects and services.

 

Is anybody else out there running IT as a business and forcing clients to decide what they will and won't buy?



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