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The Power of Convergence: Linking Business Strategies and Technology Decisions to Create Sustainable Success - Faisal Hoque

The Power of Convergence: Linking Business Strategies and Technology Decisions to Create Sustainable Success

(Autor)

Buch | Hardcover
256 Seiten
2011
Amacom (Verlag)
978-0-8144-1695-2 (ISBN)
CHF 42,75 inkl. MwSt
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Enterprises fail when they neglect to converge impressive technology initiatives with actionable business strategies. Learn how to leverage technology as an important tool for addressing customer needs and advancing business goals.
From technology giants to major airlines to government agencies, the landscape is littered with the shells of once-promising enterprises that failed to do one thing: Converge their impressive technology initiatives with their business strategies. With countless opportunities lost and billions wasted, these examples provide a muchneeded wake up call that it is time to institutionalize a set of repeatable management practices to successfully run an organization.The Power of Convergence makes the case and lays the groundwork for a new understanding of the role of technology in business. No technology should be developed or deployed without a full vision of how it advances business goals, addresses customer needs, or both. Beyond that, technology should be so tightly inter twined with strategy that the two drive each other, with each at the ready when mar ket opportunity materializes however suddenly.With compelling examples of successes and failures at organizations from Ford Motor Company to the FBI, The Power of Convergence provides the framework and mechanisms for uniting business and technology, seeding horizontal collaborations and partnering opportunities, and capturing strategic possibilities created through convergence.

FAISAL HOQUE, a former senior executive at General Electric and other multinational corporations, is the Founder and CEO of BTM (Business Technology Management) Corporation.

Contents



ACKNOWLEDGEMENTS



INTRODUCTION



PART I BUSINESS/TECHNOLOGY CONVERGENCE



CHAPTER 1 THE BUSINESS/TECHNOLOGY DISCONNECT

The Business/Technology Disconnect Phenomenon

Why the Business/Technology Disconnect Continues

From Alignment to Convergence

The Takeaway: Turning Ideas into Action



CHAPTER2 CONVERGENCE: CONCEPT TO VALUE

The Role of Business Technology Management

The BTM Framework

The Functional Areas and Capabilities of the BTM Framework

The Four Critical Dimensions of BTM

Advancing Capability Maturity

Realizing Critical BTM Capabilities

The Takeaway: Turning Ideas Into Action



CHAPTER3 THE FINANCIAL VALUE OF BUSINESS/TECHNOLOGY

CONVERGENCE

Agility, Innovation, and Convergence

Constructing the Business Technology Convergence Index

The Financial Effects of Convergence

The Common Characteristics of Convergence Leader Enterprises

The Strategic Roles of Technology

The Takeaway: Turning Ideas into Action



PART II CONVERGENCE IN PRACTICE



CHAPTER 4 THE NIMBLE GIANTS: HOW CONVERGED BUSINESS MODELS

DRIVE SUCCESSFUL LARGE ENTERPRISES

The Innovation Imperative: Adapt or Die

Architecting Business Models: A Blueprint for Convergence

SEA: Architectures to Action

Leadership Starts at the Top

Advanced Thinking for Better Business Technology Investments

The Takeaway: Turning Ideas into Action



CHAPTER 5 THE NEW FACE OF THE PUBLIC SECTOR: HOW GOVERNANCE

LEADS TO GREATER GOVERNMENT EFFICIENCY

Inefficiency: The Government’s Claim to Fame

Propelling Innovation: The DARPA Way

A Process Approach: A Roadmap to Success

Governance: Defining Who’s in Charge

Metrics: A Measure of Success

The Takeaway: Turning Ideas into Action

CHAPTER 6 SIZE DOESN’T MATTER: HOW SMALL ENTERPRISES BENEFIT

FROM STRATEGIC INVESTMENT MANAGEMENT

Redefining Enterprises

Strategic Investment Management

The Anatomy of a Portfolio

PPM: Ideas into Action

Pharmaceutical Startup Prescribes PPM

The Takeaway: Turning Ideas into Action



PART III The Impact of Transformation



CHAPTER 7 THE TRANSFORMATION TRIANGLE

Why Transform at All?

Transformation Isocess, Not a Destination

The Financial Impact of the Transformation Triangle

The Takeaway: Turning Ideas into Action



CHAPTER 8 CREATING BUSINESS AGILITY

Agility Is thessential Competitive Element

Agility Introduces New Challenges

The Anatomy of Business Agility

Processes for Agility

Technologies for Agility

The Journey Toward Agility

The Takeaway: Turning Ideas into Action



CHAPTER 9 SUSTAINED INNOVATION: THE SCIENCE OF CONSTANTLY MOVING

FORWARD

The Anatomy of Sustained Innovation

Technology’s Strategic Role in Sustained Innovation

Calculating the Innovation Benefit

The Takaway: Turning Ideas into Action



CHAPTER 10 DRIVING OPERATIONAL EXCELLENCE

The Anatomy of Operational Excellence

Underpants Gnomes and the Excellence Journey

Modeling the Operational Blueprint

Key Steps in the Operational Excellence Journey

The Process to Continual Return on Investment

The Takeaway: Turning Ideas into Action



CHAPTER 11 BECOMING A BETTER BUSINESS TECHNOLOGY LEADER

The Many Faces of Convergence

More Than a Seat at the Table

Management, Musical Chairs–Style

Optimizing Technology Investment Management

Redefining Business Strategy with Technology

The Who, What, and Where of BTM

Governing the Converged Organization

The Final Takeaway: Are You Ready?



FOR FURTHER INFORMATION



NOTES



INDEX



ABOUT THE AUTHOR AND CONTRIBUTORS

Erscheint lt. Verlag 16.6.2011
Sprache englisch
Maße 63 x 93 mm
Gewicht 1 g
Themenwelt Wirtschaft Betriebswirtschaft / Management Unternehmensführung / Management
ISBN-10 0-8144-1695-0 / 0814416950
ISBN-13 978-0-8144-1695-2 / 9780814416952
Zustand Neuware
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