Thursday, November 18, 2010
Boston SIM November Monthly Meeting
The Real Business of IT: Taking Charge of the Value Conversation
IT leaders have long struggled to describe and justify IT’s value to skeptical business colleagues. This presentation, based on the bestselling book “The Real Business of IT: How CIOs Create and Communicate Value” (named the Best IT-Business Book of 2009 by CIO Insight magazine), shows how leading IT organizations make the case that IT matters—and that it is worth paying for. By taking charge of the value conversation, IT leaders transform their organizations from order takers to true strategic partners, with benefits for their enterprises and themselves.
Dr. George Westerman, Research Scientist, MIT Sloan School of Management
George’s research and teaching focus on how IT and non-IT leaders can gain new value from IT by bridging the gap between them. His major themes include innovation, risk management, and communicating about value. George is co-author of two award-winning books: The Real Business of IT: How CIOs Create and Communicate Value and IT Risk: Turning Business Threats into Competitive Advantage. His research has also appeared in top academic and management journals. He is faculty chair for the MIT Sloan executive course “Transforming Your Business through IT,” a program dedicated to helping senior executives get more value from working with IT. In addition to speaking and workshops, George works regularly with senior executives on topics related to innovation and IT management.
As a special gift, each attendee will receive a free copy of George’s book— The Real Business of IT: How CIOs Create and Communicate Value.
Learning to Leverage Business Expertise to Stay Competitive – Part 1
Question: As businesses become increasingly sophisticated, how can IT knowledge workers gain the business knowledge to remain competitive?Companies are increasingly using information technology to sell more products, grow their business and improve their bottom line. For example, online banking gives customers more convenient access to their accounts while lowering costs for retail banks. Retail banking is now a 24x7x365 business. Retailers use technology to track store inventory, monitor daily sales and manage their workforce, all of which has increased sales per square foot. However, when retail store personnel are unable to access the systems, sales grind to a halt. This increased dependence on technology has upped the ante for the IT department.
In this new highly competitive business environment, IT must be both user centric and be able to keep systems running smoothly around the clock. In order to effectively support users and remain competitive, IT personnel need to increase their business knowledge for the following reasons:
- Technology is fused with business processes – For example, a retail clerk uses a store inventory system to search for a customer requested item
- The IT department must empower people so that they can be as productive as possible
- IT workers must champion technologies that open new markets, increase “wallet share” with existing customers, and improve customer service
When these three points are applied, everyone wins – - customers, suppliers, shareholders, and employees. IT workers typically are the rare individuals in an organization that can really make technology “sing and dance.” Unfortunately, few IT workers have sufficient business knowledge to help users get the most out of the technology to achieve the outstanding business results they are looking for.
Perspective is the secret sauce that is missing from IT workers ability to boost their business knowledge. Traditionally, IT professionals have pursued and been rewarded for increasing technical their knowledge, not their business acumen. Moreover, many IT practitioners are technology elitists who do not appreciate why their business colleagues do not “understand IT”. While IT is the steward of technology, it is the responsibility of IT workers to convey to their companies how to best leverage that expensive IT systems investment. In today’s world, technology is fused with business so it is time for all IT professionals to step up to the plate and “understand business”. The next installment will discuss how IT leaders can drive that needed change in perspective within their organization.
About the Author
Robert Johnson, Director of Product Marketing at Atrion Networking Corporation where he’s responsible for market analysis, developing new products and co-leading the company’s managed services business line. Robert is a veteran of the IT industry having held executive strategy and marketing positions with CGI Inc., Deloitte Consulting and Digital Equipment Corp.
This story originates on the SIM Consultant Blog. Stay in touch! Watch and contribute to the Blog at http://itknowledgeexchange.techtarget.com/it-consulting/
The Two-way Benefits of Boston Sim’s Partnership with Common Impact
Did you know that 84 percent of companies think volunteerism is an important way to help nonprofits build stronger communities? And that 91 percent of companies believe their employees’ skills would be helpful to nonprofits?
These numbers, the result of a 2010 survey on the state of volunteering conducted by Deloitte, reflect what we at Common Impact already know: connecting skilled professionals with nonprofits is the key to closing the nonprofit knowledge gaps in IT and other critical operational areas. And closing these gaps is the key to ensuring nonprofits can continue to deliver vital programs and services in their communities in the long run.
Common Impact is a national nonprofit organization that brings together global companies and local nonprofits to transform communities. Common Impact has paired IT, marketing, HR and other professionals from leading organizations such as State Street, Fidelity, Analog Devices, and CA local nonprofits.
Through these engagements, nonprofits benefit from unparalleled access to smart and creative people who help them better serve their constituents by building a stronger operational infrastructure.
Common Impact’s corporate partners benefit in two important ways:
* First, skills-based volunteering helps them deliver on the promise of social responsibility and community involvement.
* Second, corporate partners can achieve the career development benefits derived by their employee’s participation in external real-world projects.
For millennials, individuals that are new to the workforce and eager for challenges that showcase their abilities, Common Impact’s cross-hierarchy project teams help to sharpen functional & adaptive skills. For emerging talent, there are peer-based team projects designed for soft-skill development; and for senior talent, there are coaching opportunities with nonprofit leaders.
Since 2005, Common Impact has been a Boston SIM outreach partner. Through this relationship, Common Impact has been able to access SIM’s connections to hundreds of senior-level, talented IT professionals keen to lend their skills to the nonprofit sector.
Common Impact’s partnership with Boston SIM also has led to the creation of the IT Executive Mentoring volunteer program in which Common Impact matches senior executives from the private sector to nonprofit clients. These executives spend a few hours each month over the course of six months guiding a high-potential nonprofit through a strategic technology challenge, from selecting off-the-shelf software to developing an IT budget and staffing plan to implement technology initiatives. Close to a dozen SIM members have successfully participated in the program, and 30 percent of Common Impact mentors remain involved as a volunteer or supporter after the end of the project.
Boston SIM has provided Common Impact with a unique opportunity to tap into a deep and wide pool of expert resources who are eager to give back to their communities in a structured, productive and professionally satisfying way.
Why is SIM membership important to you and your organization?
We are charged with the requirement to maximize ROI each time a project or capital expenditure is approved by our companies. We all accept that maximizing ROI is our responsibility and I’m sure you all take that responsibility seriously and strive to achieve that end.
Your membership in SIM can help you achieve the objective of maximum ROI. How? Whether you are an individual member or your company is a Corporate Member, SIM provides the collaboration tools necessary to tap into the intellectual capital, advice, and lessons learned from a broad national and local network of senior IT executives. Our members freely share this valuable information – information that could mean the difference between success and failure of your project, implementation or capital expenditure.
You can maximize the return on your membership by tapping into the network and by helping us further expand the membership of the Boston SIM by nominating of one (or more) IT professionals for membership.
What we ask is for each of you to nominate just one senior IT Practitioner (more if you can) that you would like to see join SIM by sending them a short nominating email suggesting that they join. We have previously provided you with suggested text for that email, but feel free to compose your own note relating the value you get from your SIM membership. We do ask that you copy your Membership Chair, Michael Brooks, on the email (mbrooks3@kforce.com) so that we know whom you are nominating and can follow up with them to answer questions, give them the nickel tour and complete their membership application.
Only you can help us grow SIM Boston!
We appreciate your help, thank you!
Michael Brooks
Avectra NetForum Launched!
Boston SIM has launched a new membership and event management system. Avectra NetForum replaces Club Express as the tool you will use to register for events, renew your membership, and more. As Boston SIM continues to grow and offer a wide range of programs for IT Executives, a more robust solution was required. Additionally, the new system includes social media capabilities (to be launched later as part of “phase 2″ of the rollout) that will enhance online networking and knowledge sharing – one of the main benefits of the Boston SIM experience.
Short Training Videos
To get started, please take a few minutes (less than 8 minutes!) reviewing the short training videos posted on the members area of our website at http://www.bostonsim.com/members-area/.
Bookmark This Link
Once you’ve watched the videos, you can access the system directly here: ../../eWeb/StartPage.aspx?Site=SIM2. Bookmark it for easy access in the future.
How To Get Help
We hope you find the system to be intuitive and easy to use, but there will surely be some questions and problems. When you encounter a problem or if you have a question, please email help@bostonsim.org and we’ll assist you as quickly as possible.
Thanks – Tom Catalini, Technology Chair, Boston SIM
Many thanks to the team who worked tirelessly to implement this new system: Kevin More, Dave Brown, Beth Cohen, Michael Brooks, Bob Koskovich, Kate Carroll and Todd Connor.
Boston SIM partners with Babson College for Year Up
On December 8, 2010, for the fifth year in a row, Babson College will be hosting a campus visit and workshop for the current class of Year Up students. The program is co-sponsored by Boston SIM and has been highly praised by the Year Up leadership team for providing their students with a “real campus” experience, encouragement to continue their college education, and practical job searching skills.
Year Up students spend a half day, including lunch with Babson students, on campus where they participate in an interactive program with the college’s dean of undergraduate admissions, the director of career services, and Babson’s chief diversity officer. Boston SIM representatives are also on board to interact with students during the program and through lunch discussion.
This would not have happened without Boston SIM. So, how did this come about? A few years ago one of our Boston SIM Trustees, Kavin Moody, responded to a request for SIM members to do a “lunch time” discussion with Year Up students. Kavin, who is the Executive Director of the Babson Center for Information Management Studies, was struck by the number of questions that Year Up students asked about furthering their education and improving their job finding skills. From there, it wasn’t long after that the SIM/ Babson/Year Up alliance was formed.
Calling all CIO’s!
Be sure to join us at the next CIO roundtable which will be held on Wednesday, December 1st at Welch’s Corporate Offices in Concord, MA.
Sneak peek at December’s montly meeting
Enterprise 2.0: The State of an Art
Andrew McAfee, author of Enterprise 2.0: New Collaborative Tools for Your Organization’s Toughest Challenges (Harvard Business Press, 2009) will discuss how Web 2.0 technologies and philosophies are making their way into organizations. He will describe how these tools have the potential to transform how companies collect and share knowledge and tap into their collective intelligence. McAfee will use case studies to show how leading companies are using Enterprise 2.0 to improve their practices and results.
All attendees will receive a free copy of Andrew McAfee’s book: Enterprise 2.0: New Collaborative Tools for Your Organization’s Toughest Challenges
The December monthly meeting will be held on the 16th, location TBA.

