After 60,000 hours of R&D and more than $10 million in investment, the Innovation Value Institute’s IT Capability Maturity Framework (IT-CMF), a state-of-the-art assessment framework designed to help IT organizations maximize their contribution to business value, is fully developed and operational.
What does the launch mean for CIOs and other IT leaders? It means that for the first time, they have an integrated, standardized framework for evaluating IT both strategically and from a business-value-added perspective. It means that they have a common developmental yardstick designed and tested by some of the world’s leading organizations. It means that they have an effective and credible communication platform to use in discussions with business stakeholders, including CEOs and CFOs, for describing how the IT organization is performing and what it aims to achieve.
In short, it means that IT organizations and their leaders have the means to substantially upgrade IT’s capabilities across the board and substantively improve its delivery of business value. The benefits to companies stand to be sizable.
Authors: Andrew Agerbak, Stefan Deutscher
Source: Boston Consulting Group (BCG)
Subject: IT / Technology / E-Business
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