“Why does it cost so much? Do we really need this? We need to do more with less. Maybe next year.” If you’ve ever heard these words from your CFO, then you likely have felt the pain of trying to explain IT’s budget to a non-IT leader.
Achieving alignment between demand for IT services and the supply of budgetary dollars to deliver those services is an ongoing challenge that every CIO and CFO faces. Transparency, credibility, and collaboration are the keys to solving this dynamic, but how do you get there? UPMC has journeyed from a disparate, broken process based on spreadsheets and guesswork to an interactive, real-time plan of record that enables collaborative decision-making throughout the fiscal year.
Leveraging ApptioOne Plus, UPMC manages its spending on IT through a bottom-up approach to budgeting, refined through monthly forecasts. This process enabled the organization to achieve an operating cost reduction of over $30M for 2021 and substantiate the need to return that funding to IT in 2022. In this breakout, attendees will learn from UPMC’s journey as we share our processes, lessons learned, and advice for change management to develop an IT budget that is understandable, actionable, and defensible.
Solutions & Products:
A look back at 10 years of TBM leadership and community building.
Innovating through technology is not new. For decades technology leaders have navigated the landscape of delivering competitive innovations that drive business value. CIOs have been known as “Transformational Leaders” and “Change Agents” – and this remains true today. However, what escalated seemingly overnight was the competing need to reconceptualize both employee and customer engagements that deliver anytime, anywhere experiences with minimal risk and a nimbleness rarely seen before. In this session, discussion leaders will share their own experiences and set up table engagements for attendees to answer various questions, including:
Public cloud strategies are often embraced for the promise of rapid scalability, on-demand agility, and best-in-class security, resiliency, and features. However, public cloud adoption presents significant financial challenges that, when not addressed, inhibit any firm’s ability to exploit the promises of public cloud. In this session, we’ll hear from leaders who are managing their cloud strategy with both TBM and FinOps, and how they are leveraging the maturity and rigor of TBM to align their organization’s capabilities and requirements. We’ll then break into small groups to discuss both challenges and approaches for building and launching a TBM-for-Cloud journey, including:
Delivering business value faster is a primary reason why many organizations are aggressively scaling Agile practices across their enterprise. At the same time these practices can conflict with traditional ways of working including planning, organizational, and funding models. Agile practices risk creating financial blind spots for both product teams who are expected to make decisions faster and with more autonomy than ever before, and their financial peers. In this session, hear from executives who are applying the rigor and guidance of TBM to Agile-at-scale so they can maximize their shift from projects-to-products quickly and transparently. Discussion topics will include:
Financial management of your technology investments is critical, now more than ever in high-paced and increasingly financially constrained markets. Cloud, hybrid, and digital development of products and services is integral to your business. But the decentralized, federated nature of those technological advancements has made it more difficult than ever to get a clear, accurate picture of the total costs of delivering those products and services. Furthermore, once you have an accurate view of those total costs, concerns arise on the best way to understand and communicate how those costs drive value, specifically the profitability of those products. In this session, we would like to hear your thoughts on how you, your peers, and your organization sees the evolution of technology costs and the need to see the profitability of the products that incur those costs informing your future decision-making processes.
To understand what drove the Great Resignation, Humu asked more than 90,000 employees across large, global organizations why they are (or are not) looking for new roles. Their biggest finding? For most would-be quitters, culture matters more than compensation.
Join Laszlo Bock, former CHRO at Google, and now Co-Founder of Humu – a software platform that combines technology and behavioral science to make managers and their teams more effective – as he leads an interactive session on the essential traits that drive high-performing teams and engaged employees, including:
Agenda subject to change