TBM Council Awards

Celebrating best-of-the-best TBM teams across the globe

Submissions are now closed.

Check back here for updates on Finalists and Winners

I look forward to the TBM Council Awards each and every year. They recognize the fantastic people and teams that do exceptional work in tough jobs often behind the scenes. To see them get the recognition they deserve is truly inspiring.

Phil Armstrong
Chairman of the Board
TBM Council

2021 marks the 9th edition of the TBM Council Awards! The TBM Council Awards recognize and celebrate the greatest achievements using TBM disciplines, tools, data and processes from around the globe.

Over the last eight years, we have received hundreds of nominations, selected over 170 finalists, and awarded close to 45 winners. Winners and finalists have included companies and government agencies such as PepsiCo, eBay, The Clorox Company, State of Washington, FedEx, CHRISTUS Health, Royal Bank of Scotland, Cisco, American Express, Macquarie Group, Red Hat, Mastercard, US Department of Veterans Affairs, and many more amazing teams and organizations.

Finalists will be announced in September and winners will be recognized at the 2021 TBM Council Awards ceremony on October 12 during the TBM Conference.

2021 Awards Categories

Cloud
Transformation

Transform the way your organization develops and supports business capabilities by using public cloud infrastructure, platforms, and/or software.

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Cloud Transformation

The winner in this category has made significant strides in transforming the way they develop and support business capabilities by using public cloud infrastructure, platforms, and/or software. The winner uses the facts, tools and processes of TBM (and FinOps) to make (and track) the business case for cloud adoption, enable and govern cloud consumption, ensure cost efficiency (unit economics), and plan for growth.

Past Winners and Finalists Include

  • Humana
  • Pearson
  • 3M
  • Asurion
  • Nationwide
  • Standard Chartered

IT Financial
Leadership

Satisfy corporate financial requirements for budgeting, forecasting, and reporting, while enabling business innovation, service delivery, cloud transformation or agile evolution.

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IT Financial Leadership

The winner in this category uses TBM to both satisfy corporate financial requirements for budgeting, forecasting, and reporting, while enabling an array of other business outcomes such as business innovation, service delivery, cloud transformation or agile evolution. The winner uses the facts, tools, and processes of TBM to streamline, accelerate and/or improve financial planning processes, reduce or mitigate variances, and otherwise improve financial outcomes for the business.

Past Winners and Finalists Include

  • Standard Chartered
  • PepsiCo
  • Micron
  • American Express
  • KeyBank
  • CME Group
  • Clorox
  • First Citizens Bank
  • State of Washington

TBM Pacesetter

Drive organizational changes of mindset and accountability for outcomes while implementing or enhancing TBM tools, data, and processes in a short period of time.

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TBM Pacesetter

The winner in this category has demonstrated significant progress and value with TBM in a relatively short period of time. The winner demonstrates the ability to drive organizational changes of mindset and accountability for outcomes while implementing or enhancing TBM tools, data and processes. Value may be expressed in terms of reducing technology and/or business costs, accelerating or investing more in innovation, enabling the adoption of agile methodologies or public cloud services, or other goals that are important to the business.

Past Winners and Finalists Include

  • R+V
  • Micron
  • eBay

Service
Excellence

Support efficient delivery of shared technology services to line-of-business partners and consumers and continuously optimize cost to serve customers.

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Service Excellence

The winner in this category uses TBM to support the efficient delivery of shared technology services to line-of-business partners and consumers and to continuously optimize the cost to serve internal and/or external customers. The winner uses the facts, tools and processes of TBM to provide a bill of IT for services consumed, communicate the cost and value of those services, and to support continued enhancements, modernization efforts, and other improvements to those services.

Past Winners and Finalists Include

  • University of Pennsylvania (via Overall Performance award)
  • HERE Technologies
  • Great-West LifeCo (via Business Alignment award)
  • Cisco
  • FedEx
  • Fannie Mae
  • Nationwide Building Society

Business
Optimization

Drive meaningful efficiencies in delivering technology to the business and/or in helping the business be more efficient through use of technology.

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Business Optimization

The winner in this category has driven meaningful efficiencies in delivering technology to the business and/or in helping the business be more efficient through the use of technology. The winner uses the facts, tools, and processes of TBM to improve unit costs, find, and reduce waste, consolidate or rationalize technologies, automate labor-intensive processes, or drive other meaningful improvements in value for the money spent.

Past Winners and Finalists Include

  • HP Enterprise
  • Exelon
  • UPMC
  • Fidelity International
  • US Department of Veterans Affairs
  • Macquarie Group

Agile Evolution

Shift from project- to product-centric investment models and empower agile teams to innovate within a financial investment framework.

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Agile Evolution

The winner in this category has made a shift from project- to product-centric investment models and empowered agile teams to innovate within an overall financial investment framework supported by Finance and the TBM and/or Lean Portfolio Management (LPM) program. The winner uses the facts, tools, and processes of TBM (and LPM) to make investment decisions, track all resources (labor and non-labor) spent against their investment plans, and measure the results of investments over time (i.e., via OKRs or other KPIs and reports).

Past Winners and Finalists Include

  • This is a new award category

Business
Innovation

Use facts, tools, and processes of TBM to invest more in innovation and accelerate or amplify business benefits from innovation investments.

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Business Innovation

The winner in this category has been instrumental in driving one or more significant business innovations. The winner uses the facts, tools, and processes of TBM to invest more in innovation and accelerate or amplify the business benefits from the investments made in innovation.

Past Winners and Finalists Include

  • R+V
  • Credit Suisse
  • Mastercard
  • Royal Bank of Scotland (NatWest)
  • AOL
  • DIRECTV

2021 Panel of Judges

Aparna Misra

IT Sr. Director

Ashley Hromatko

Sr. Manager, Cloud FinOps

Vinit Chauhan

Head of TBM & Strategic Projects

Anna Gitleman

Managing Director - Head of TBM

Larry Godec

Former SVP & CIO

Sunny Gupta

CEO

Apptio Logo

Manik Patil

VP, Modernization

Tom Murphy

VP IT & CIO

Fumbi Chima

EVP, CIO

Todd Tucker

General Manager

Jim Gfrerer

CIO (Retired)

J.R. Storment

Executive Director

Phil Armstrong

Chairman

Jennifer Wood

COO Services

2020 TBM Council Award Winners

Overall Performance Award

- University of Pennsylvania

The University of Pennsylvania, or UPenn, is an Ivy League university in Philadelphia that was founded by Benjamin Franklin in 1740. It is one of just nine colonial colleges chartered prior to the U.S. Declaration of Independence. With TBM, UPenn has achieved a large number of significant benefits, starting with a dramatic improvement in the trust of their internal clients. They’ve rationalized over 600 applications down to 125, and over 800 services down to 65, along with five billing mechanisms down to one. Meanwhile, UPenn reduced overall IT costs, shifted run-the-business spending to change-the-business investments, drove cost savings on public cloud, accelerated both budgeting and forecasting times, and reduced the time and effort for investment planning.

Thriving Through Disruption Award

- Morgan Stanley

Morgan Stanley, a Fortune 100 company, is a global investment bank and financial services company headquartered in New York City. By capitalizing on digital transformation over the last decade, Morgan Stanley’s TBM team was able to adapt quickly to a remote work environment brought on by COVID. Through close connectivity with key business and technology stakeholders and resilient planning processes in place, TBM was able to respond quickly when executing on business priorities and addressing anticipated volatility.

Vendor Optimization Award

- Cleveland Clinic

Cleveland Clinic is one of the largest and most respected hospitals in the United States, providing care, research, and healthcare education. With TBM, Cleveland Clinic optimizes vendor spend by producing unique reporting for their outsourcing bill, invoice compliance, service agreement compliance, and purchase order burndown. The TBM Office streamlined more than ten invoice spreadsheets into a standardized monthly report, along with 40 to 50 workbooks received each month with IT operational data. This allowed them to identify several very expensive billing issues that have since been corrected.

Investment Planning Award

- NatWest Group

NatWest Group is a global financial services firm with several well-known banking brands, including the Royal Bank of Scotland. With TBM, NatWest created a transparent process to support the bank’s Technology Transformation program addressing Core Modernization, Data Centre Strategy, Application Simplification, Domain & Centre of Excellence, and the use of Agile tools, practices, and techniques. They significantly accelerated investment planning by streamlining and automating the planning process, completely shifting away from spreadsheets. Meanwhile, NatWest has gained much greater fidelity into the impact of new investments on their run-the-bank spending.

Innovation Acceleration Award

- Standard Chartered

Standard Chartered is a global banking and financial services company operating across more than 70 countries. With TBM, Standard Chartered realized a 50% reduction in time to answer ad hoc questions about overall costs, allocated 60% of cloud costs back to cost centers, and reduced vendor invoice validation time from 14 days to 6. The team developed TBM use cases to drive efficiency, executing 22 of them in 2020. They partnered with their Retail Technology team to deliver on key pillars of the Tech Excellence Program.

Strategic Planning Award

- Logistics Management Institute

The Logistics Management Institute (LMI) is a consulting firm dedicated to improving the business of government. With TBM, LMI drove a 20% reduction in overall IT costs, shifted a high percentage of run-the-business spending to change-the-business, allocated 100% cloud costs allocations back to cost centers, and shifted 10% more money to discretionary priorities. They also drove significant improvements to financial management processes, like halving the time for both annual budgeting and monthly forecasting, which reduced employee hours spent on IT billing by 75%.

Cloud & Hybrid Award

- Humana

Humana is a Fortune 100 American health insurance company with over 20 million members and 46,000 employees. With TBM, Humana made a 10% shift from run-the-business to change-the-business, a 5% reduction in spend on their applications, a 7% cloud cost savings, and increased discretionary funding by 50%. Humana identified $35 million being spent on inactive applications, which led to a formal application retirement process.

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Previous TBM Council Award Winners

20202019 | 2018 | 2017 | 2016 | 2015 | 2014