Over the past few years, Chief Information Officers (CIOs) and Chief Information Security Officers (CISOs) have transformed from technical caretakers to strategic business enablers. By adopting Technology Business Management (TBM) practices, these executives have begun managing technological investments based on business value rather than mere technical metrics.
Core Tenets of TBM Enhancing Business Alignment
- Positioning for Value: Delivering IT services that enhance business capabilities.
- Cost Transparency: Providing clear insights into IT costs and consumption.
- Value for Money: Ensuring cost-effectiveness of IT services.
- Strategic Alignment: Aligning IT budgets with business imperatives.
- Value Conversations: Facilitating discussions that optimize IT portfolios for maximum business value.
Despite these advancements, a critical component remains underrepresented in the alignment process: cybersecurity and information technology.