award_logo_2018_white

Honoring excellence in

Technology Business Management

Gray
top-pad-default
bot-pad-default
bgp-tr
bgs-cover
0
1
cta-btn
cta-center

2018 Categories

The TBM Council Awards recognize a wide range of accomplishments achieved by employing the disciplines of TBM. This annual event celebrates the leaders, innovators, and pioneers in IT and finance who are advancing TBM and paving the way for a successful partnership within their enterprise.

Learn about threeTBM Council Awards categories below:

top-pad-default
bot-pad-half
bgp-tc
0
bgs-cover

IT Optimization Award

IT leaders are asked to build the plane while flying it – and promise a smooth ride. From modernization and standardization to rationalizing and aligning application, vendor and project portfolios, IT must do more with less. This award recognizes the strategic and bold use of data to drive decisions for technology efficiency, agility, quality, performance and business value. Winners of this award measure and can demonstrate their team’s successes with optimizing cost for performance and business alignment of the IT portfolio.

Key Attribute: Getting measurably more business value per dollar invested in IT

Successful nominees can demonstrate – through measured outcomes -- how they and their teams used TBM data and processes to:

  • Through targeted activities to improve efficiency or shape demand, improve the unit rates (unit costs) of IT’s services, products or applications provided to the business
  • Rationalize applications and/or services to create a more efficient and effective portfolio
  • Employ benchmarking against industry peers, market rates and/or internally to help identify and drive actions to improve efficiency
  • Consolidate data centers or other aspects of the IT estate
  • Improve agility through the cost structure, such as by shifting workloads to public cloud
  • Optimize vendors and contracts to get more value for money from third-party suppliers
  • Maintain (or improve to) a high performance of service delivery to the enterprise

Download PDF

bg-gray-lightest
top-pad-half
bot-pad-half
bgp-tc
0
bgs-cover

Strategy & Planning Award

Successful IT finance teams are more than just accountants; they fulfill several roles for helping the business get more value from technology spending and investments. As defined in the TBM Council’s CFO of IT Competency Model, they are the Technology Controllers, Cost Optimizers Investment Managers, Agents of Change and Voices of the Business for their enterprises. This award recognizes today’s corporate finance teams (with IT responsibilities) and/or technology controllers – that no longer merely account for IT spend, they drive an IT financial strategy and capability that matches the new demands of the IT organization.

Key Attribute: Shifting IT finance from merely a controller/accounting function to delivering decision-making power to IT, finance and business stakeholders

Successful nominees can demonstrate how they and their teams used TBM data and processes to drive important outcomes such as:

  • Used the TBM Taxonomy, model and/or other methods to translate cost data into meaningful perspectives for technology and business decision makers
  • Informed and consulted internal decision makers of cost, quality, capacity and consumption tradeoffs within the portfolios of services, applications, vendors, projects and more
  • Communicated costs to business partners (e.g., LOB leaders, corporate CFO, CEO) through a bill of IT or in another way that helps shape business demand
  • Included TBM insights into key financial and IT management processes such as change management, IT portfolio management, business reviews and operating reviews
  • Found ways to “variablize” IT costs or other help match IT costs to business volumes and consumption
  • Collaborated with corporate financial officers on creative strategies to fund innovation and growth
  • Helped connect business demand for IT services into accurate and reliable IT resource requirements and financial budget figures
  • Established and maintained an effective value realization process to ensure IT contributions are properly recognized
  • Provided insight into budget, variance and forecasts in manner that enables fact-based decision making, proactive identification of opportunities to save or avoid new costs and shapes business demand

Download PDF

bg-white
top-pad-half
bot-pad-half
bgp-tc
0
bgs-cover

Business Alignment Award

More and more, the transformation from a technology provider to a service provider is accelerated by the cloud. Not only does the public cloud delivery model put internal IT services in a new light, private and hybrid cloud adoption provides benefits for cost and agility that are needed by your business. This transformation requires a mental shift that starts with the customer’s needs, and then drives a cultural shift in how technology is offered and consumed, sourced and delivered, measured and managed. This award recognizes IT organizations who have successfully applied technology business data and processes to deliver an IT services portfolio aligned with business needs and increase flexibility and transparency of cost, consumption and quality. Your team has changed the conversations with the business from cost to value, guides investments, and drives innovation.

Key Attribute: Shifting IT from being an expense center to delivering services with greater flexibility (e.g., on demand) and transparency of cost, consumption and quality

Successful nominees can demonstrate how they and their teams used TBM data and processes to:

  • Define and deliver a portfolio of services for which business value is clearly articulated
  • Align the IT services portfolio to the needs of the business, including strategies for growth, business cost reduction, transformation and others
  • Design and offer differentiated levels of service with clearer cost/quality choices to the business or end customers
  • Shift to a service-oriented consumption model to hold business partners (e.g., LOB leaders), application owners, and other consumers accountable for the costs they drive
  • Empower service owners to manage the business side of their services including setting rates (prices), managing service cost (total and per-unit), shaping demand and consumption, and measuring quality and value over time
  • Drive service efficiency improvements, such as per-unit cost reductions, in a sustainable fashion (i.e., without assuming undue risks)
  • Establish a business relationship model with formal responsibilities for engaging internal customers, discussing consumption/demand/costs, and ensuring value delivery

Download PDF

bg-gray-lightest
top-pad-half
bot-pad-tiny
bgp-tc
0
bgs-cover

Pacesetter Award (Given in each of the three categories)

For each TBM award (IT Optimization, Strategy & Planning, Business Alignment), the TBM Council will recognize two teams that have made a significant impact to their business with TBM in a short period of time (18 months). In doing so, their TBM programs have set the pace for the industry, demonstrating a preference for moving fast (through iterations) over a cautious, get-it-right-the-first-time approach. Successful teams are recognized not for having years of experience but instead for making progress, including measurable results, in months or quarters instead of years.

Key Attribute: Establishing a TBM program and making demonstrable progress in the award category in less than 18 months

Successful nominees must meet many of the award criteria but must also demonstrate they have:

  • Implemented TBM tools, data and processes rapidly over the 18 month period
  • Established their TBM office within the last 18 months, including a program director and any existing TBM analysts
  • Relied upon the TBM program to enable or make possible many of the results achieved in the given award category (i.e., the TBM program must be a clear success factor in achieving the results claimed in the award category)
  • Established key TBM processes, such as month-end close, monthly operating reviews, quarterly business reviews, etc., in the 18 month period
  • Created and maintained a roadmap for improved capabilities and value from TBM
bg-white
top-pad-half
bot-pad-tiny
bgp-tc
0
bgs-cover
0

Interested in learning more about TBM?

Find out how you can lend your voice to IT’s most active community and help drive the future of digital innovation. Please fill out this form and we will get in touch with you shortly.

cta-center
0
bgs-cover
bgp-tc
1
0
cta-center
0
bgs-cover
bgp-tc
0
2 Columns
bgp-bc
bg-gray
default-style
top-pad-default
bot-pad-half
bgs-cover
0
1