The Business of IT How to Improve Service and Lower Costs
by Ryan, Robert; Raducha-Grace, TimRent Book
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Summary
Author Biography
Robert Ryan is a senior practitioner in the IBM Global Business Services, Strategy & Change consulting practice. He has spent the past 25 years consulting to government and commercial organizations supporting change initiatives. He advises clients on strategic planning, culture transformation, balanced scorecard development and implementation, program/project management, process reengineering and process improvement, performance management communications/outreach, and facilitation. He is ITIL certified, and is focused on applying business discipline through practical solutions in IT organizations. Mr. Ryan has provided services to the Department of Defense; the United States Navy, Marine Corps, Air Force, and the Defense Logistics Agency; a mix of federal civilian agencies; state governments; electric utilities, oil, nuclear power, coal mining; and financial institutions. He has supported all aspects of large-scale change initiatives, and has managed consulting engagements ranging from large-scale change initiatives, to small, limited-scope engagements. He has a Master of Business Administration (MBA) degree in finance from the University of Maryland, and a Bachelor of Accountancy (B.A.) degree from George Washington University. He is also a Certified Public Accountant (inactive license), and has spoken at a number of professional conferences on a range of consulting topics.
Tim Raducha-Grace is a managing consultant within IBM Systems and Technology Group’s Lab Services and Training Consulting Practice. He advises government, commercial, and nonprofit organizations on the business value of IT investments and how to leverage these investments to achieve business objectives. He is ITIL certified and helps clients to improve service levels through following ITSM best practices, including ITIL. He also helps clients improve their financial performance through business cases, IT charging processes, and other financial tools to measure the business value of IT. Mr. Raducha-Grace previously served as associate director of New York University’s Center for Catastrophe Preparedness, where he led interdisciplinary research efforts on crisis management and disaster recovery. He also served as a policy advisor to Senator Susan M. Collins, the chairwoman of the Senate Governmental Affairs and Homeland Security Committee, for a range of issues, including science and technology programs, first responders, and government efficiency. He has an MBA degree in finance and marketing from the New York University (NYU) Stern School of Business and a Bachelor degree in Asian studies and political science from Beloit College. He also studied at Waseda University in Tokyo, Japan.
Table of Contents
| Preface | p. xv |
| Acknowledgments | p. xxi |
| About the Authors | p. xxiii |
| Introduction: Improving Service and Lowering Costs | p. 1 |
| How Business Practices Improve Service and Lower Cost | p. 4 |
| Improve Service | p. 6 |
| Lower Cost and Understanding the Value of IT Investments | p. 8 |
| Realizing Business Objectives for an IT Organization | p. 11 |
| Next Steps14 | |
| IT Service Lifecycle: Improving Business Performance | p. 17 |
| Overview of ITIL | p. 19 |
| IT Service Management | p. 22 |
| IT Service Strategy | p. 24 |
| IT Service Portfolio Management | p. 27 |
| Demand Management | p. 32 |
| IT Service Catalog Management | p. 34 |
| IT Service Level Management | p. 38 |
| Change Management | p. 46 |
| Request Fulfillment | p. 48 |
| Continual Service improvement | p. 50 |
| Next Steps | p. 52 |
| Adopting IT Service Management Using ITIL | p. 55 |
| Managing Change | p. 57 |
| Managing Your ITSM Change Initiative | p. 61 |
| Institutionalizing Your ITSM Change Initiative | p. 78 |
| Next Steps | p. 86 |
| IT Financial Management: The Business of IT | p. 89 |
| Define Service-Based IT Financial Management Activities | p. 91 |
| Implement the IT Financial Management Maturity Model | p. 98 |
| Develop a Roadmap for Improving IT Financial Management Practices | p. 101 |
| Improve IT Financial Management Practices to Improve Service and Lower Cost | p. 110 |
| Improve IT Accounting to Value Services | p. 110 |
| Improving IT Charging Based on Services | p. 120 |
| Improve IT Budgeting Based on the Service Lifecycle | p. 131 |
| Improve Value-Added Financial Management Activities | p. 134 |
| Next Steps | p. 138 |
| IT Business Cases: Realizing IT Value | p. 139 |
| Use Business Cases to Improve the Value of Your Services | p. 140 |
| The Intent and Purpose of a Business Case Process | p. 141 |
| Benefits of an Effective Business Case Process | p. 144 |
| Establish Process: Developing an Effective Business Case | p. 147 |
| Project Design: Develop the Business Case | p. 157 |
| IT Investment Selection: Choose the Most Valuable Investment Option | p. 73 |
| Deployment and Post-Deployment: Measure and Realize the Benefit of Your IT Investment | p. 174 |
| Next Steps | p. 177 |
| IT Performance Management: Defining Success | p. 179 |
| What Is Performance Measurement for IT Organizations? | p. 181 |
| Why Use Performance Measurement for Your IT Organization? | p. 184 |
| The Balanced Scorecard Adapted for IT Organizations | p. 189 |
| Managing Development and Use of Your IT Scorecard | p. 201 |
| How Do You Populate Your IT Scorecard with Individual Measures? | p. 213 |
| Links to Other ITIL Framework Components | p. 215 |
| Sample IT Scorecard | p. 215 |
| Next Steps | p. 216 |
| IT Business Skills: Enabling Customer Outcomes | p. 219 |
| The IT Business Skill's Goals | p. 220 |
| IT Business Skills | p. 223 |
| Improving Your IT Business Skills | p. 229 |
| Next Steps | p. 233 |
| Success Stories: Improving Service and Lowering Costs | p. 235 |
| Swiss Re | p. 236 |
| The City of Corpus Christi | p. 239 |
| United States Navy Netwarcom | p. 242 |
| Neighborhood America | p. 246 |
| Forbes | p. 249 |
| Next Steps | p. 251 |
| Going Forward | p. 253 |
| Opportunities to Improve IT Business Practices | p. 254 |
| The Future of IT ORganization | p. 259 |
| Appendix Acronym List | p. 265 |
| Index | p. 271 |
| Table of Contents provided by Ingram. All Rights Reserved. |
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