Wednesday, October 2, 2024, 12:00 – 2:00pm
Temple University
Digital Innovation Foundry Workshop Series
Ever wonder how companies determine the next big Information Technology (IT) investment? It starts by examining performance, peer comparison, and then building a business case. This hands-on workshop will help you learn how companies align their IT spending with strategy and business value, using the Technology Business Management (TBM) framework. The workshop will improve your ability to contribute effectively to digital transformation initiatives by ensuring transparency and driving cost optimization. The workshop will cover key aspects of the TBM framework, including service costing and value measurement, providing students with a comprehensive understanding of how to apply these principles in real-world scenarios.
Workshop Leaders
Attendance
Space is limited to 20 Temple University students.
Throughout the workshop, students will engage in an in-depth exploration of the TBM framework, learning to categorize data accurately based on TBM, which will enable for an accurate comparison against TBM’s published benchmarks. Through analysis, students will identify the outliers and define a solution to drive down the costs. Once the students define a solution, they will build an assumption and lever-based business case, which will outline how to take the defined solution, estimate the cost to implement, and the run cost of the service post implementation.
By the end of the workshop, students will have acquired practical experience in applying the TBM framework to achieve transparency, drive value in IT investments, and craft a business case that effectively communicates the benefits of initiatives to stakeholders.
Laptop required.