Running IT-as-a-Service Part 58: Digital transformation requires effective IT value creation and management
Conclusion: Digital transformation is more than another software development stream to replace legacy systems by mobile applications. Digital transformation includes building a new IT capability that can improve the business bottom line. It requires increasing business performance, reducing the cost of doing business and mitigating business risks in a cost-effective manner. To support digital transformation, IT value management capabilities should be established on the following building blocks:
- Value creation – Define and create the desired IT value needed by business lines. The IT value is a combination of services and technologies capabilities.
- Value measurement – Measure the IT value contribution to digital transformation.
- Value communication – Communicate the IT value contribution to business stakeholders, ensure that their expectations are met and re-adjusted (if needed) to address the business and market emerging imperatives.
About The Advisor
Dr. Wissam Raffoul was an IBRS advisor between 2013 - 2021 who specialised in transforming IT groups into service organisations, with particular expertise in IT Service Management (ITSM), process optimisation, outsourcing and Cloud strategies, enterprise systems management solutions and business-centric IT strategies. Prior to joining IBRS in August 2013, he was General Manager strategic consulting in Dimension Data advising clients on applying technology to improve business performance. Prior to joining Dimension Data, he was a Vice President in Gartner/META Group and issued various research publications covering service delivery processes, centre-of-excellence models, managing outsourcing vendors, benchmarks, maturity models, IT procurement evolution and supply/demand models. In previous positions, he headed HP ITSM consulting Practice in Australia. He also acted as an infrastructure manager, reporting to the CIO at a number of large organisations in government and in the financial and petrochemical industries.