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''World Class IT: Why Businesses Succeed When IT Triumphs'' is a 2009 IT management book by Peter A. High that aims to provide a framework by which CIOs and other executives can promote IT within a
business Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for ...
. High outlines five principles which align IT with
business strategy In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's managers on behalf of stakeholders, based on consideration of resources and an assessment of ...
and allow companies to monitor and improve IT's performance. The book highlights a 2000s trend that views IT as a digital nervous system which delivers corporate thinking to business units, partners and customers. Since the 2009 publication, the book has also been published in Mandarin and Korean editions.


Five principles of World Class IT

* ''People'' form the foundation of an organization. Without the right people doing the right jobs at the right time, it is difficult to achieve excellent performance. * ''Infrastructure'' distinguishes between a reactive organization and a proactive one. If software, hardware, networks, and so on are not performing consistently, the IT organization will become lodged in reactive mode. If the infrastructure works reliably, then a greater percentage of the organization can think about the future. * Through ''Project and portfolio management'' new capabilities can emerge within the company. It is important to ensure that the portfolio collectively supports the goals of the business and that projects are delivered on time and on budget. * ''IT and
business partnership A partnership is an agreement where parties agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations. Organizations m ...
s'' are vital. It is the IT executive's role to ensure that different groups within IT function as a team, communicating efficiently and effectively. It is equally important that IT develop partnering relationships with executive management, lines of business and key business functions to ensure ownership of and success for IT initiatives. * ''External partnerships'' are important as
outsourcing Outsourcing is a business practice in which companies use external providers to carry out business processes that would otherwise be handled internally. Outsourcing sometimes involves transferring employees and assets from one firm to another ...
becomes more common. By contributing to the discussion about business strategy, IT is in a strong position to determine which aspects of IT are best handled by external partners. Further, IT must be adept at managing those relationships to be sure the company gains the expected value from its outsourcing activity.


Relationship between IT and the business

Using a set of metrics and models, ''World Class IT'' crystallizes a strong trend that has emerged across industries in the past decade: the integration of IT and corporate business strategy. ''CIO Digest'' recognizes this pattern as key to the long-term organizational growth and development of a company. In a 2009 IT study,
Deloitte Deloitte is a multinational professional services network based in London, United Kingdom. It is the largest professional services network in the world by revenue and number of employees, and is one of the Big Four accounting firms, along wi ...
finds that IT departments are consistently under pressure to deliver
business value In management, business value is an informal term that includes all forms of Value (economics), value that determine the health and well-being of the firm in the long run. Business value expands concept of value of the firm beyond economic value (a ...
in the face of increasingly tighter budgets. IT departments are now expected to synchronize and connect various dimensions of a business-infrastructure,
customer service Customer service is the assistance and advice provided by a company to those who buy or use its products or services, either in person or remotely. Customer service is often practiced in a way that reflects the strategies and values of a firm, and ...
, and
project management Project management is the process of supervising the work of a Project team, team to achieve all project goals within the given constraints. This information is usually described in project initiation documentation, project documentation, crea ...
- yet there is debate within the industry over how to best align information technology with corporate governance. Since corporations spend large portions of their operating budgets on IT, this debate holds a prominent position in business and information technology theory. ''CIO Insight'' notes that the increasing depth and width of IT-business relationships has led to the emergence of IT executives from the
corporate structure A typical corporate structure consists of various departments that contribute to the company's overall mission and goals. Common departments include Marketing, Finance, Operations management, Human Resource, and IT. These five divisions represent ...
. Whereas IT executives typically rose from within their technology departments, the need for business-minded CIO's and CTO's has created a demand for leaders versed in
corporate strategy In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's managers on behalf of stakeholders, based on consideration of Resource management, resources ...
. Business theory suggests that this trend will continue as IT moves into the realm of
strategic planning Strategic planning is the activity undertaken by an organization through which it seeks to define its future direction and makes decisions such as resource allocation aimed at achieving its intended goals. "Strategy" has many definitions, but it ...
.


Forum on World Class IT podcast

IT professionals are increasingly looking to congregate around
social media Social media are interactive technologies that facilitate the Content creation, creation, information exchange, sharing and news aggregator, aggregation of Content (media), content (such as ideas, interests, and other forms of expression) amongs ...
as a forum to raise awareness of the importance of IT-business strategy. Brian Blanchard of CIO Magazine notes that CIOs turn to social media not only to share their own innovative ideas, but also to follow industry trends and form valuable connections. In an effort to expand the discussion surrounding IT-business relationships, prominent IT professionals participate in a series of informational podcast interviews based on the five principles outlined in ''World Class IT''. The discussions are conducted by Peter High and the over 400 interviews are made available on
iTunes iTunes is a media player, media library, and mobile device management (MDM) utility developed by Apple. It is used to purchase, play, download and organize digital multimedia on personal computers running the macOS and Windows operating s ...
and other forums such as Technovation with Peter High (formerly The Forum on World Class IT).


Reviews

IT Business Edge published a review and excerpt of the book.


Related work by the author

The author Peter High has followed up the publishing of his book with numerous pieces on related World Class IT topics. Some of those include the following titles: * "How CIOs at Microsoft and Cisco Realigned IT For A New Era" * "CIOs Can Be Chief Innovation Officers, Too" * "Inside Qualcomm's Integrated IT Infrastructure" * "Ameristar Casino CIO Sheleen Quish featured in 'Should the CIO Run HR, Too?'" * "McKesson's Randy Spratt: Where IT Nirvana Meets Business Nirvana" * "Great American Insurance CIO Piyush Singh: Taking Calculated Risks" * "The New Normal: Proceed With Caution" * "The New CIO's First Steps" * "ADP: IT Innovation in Hard Times Pays Off" * "Flextronics: Keeping IT Running on 'Just Enough'" * "World Class IT: The best CIOs are full partners in driving and executing business strategy"


See also

* Digital nervous system *
Information technology Information technology (IT) is a set of related fields within information and communications technology (ICT), that encompass computer systems, software, programming languages, data processing, data and information processing, and storage. Inf ...
*
Project portfolio management Project portfolio management (PPM) is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on n ...


References


Sources

* {{Cite book , author=High, Peter A. , title=World Class IT: Why Businesses Succeed When IT Triumphs , publisher=San Francisco: Jossey-Bass , year=2009 , isbn=978-0-470-45018-5


External links


What it Means to Run IT Like a Business - CIO Magazine

Prioritizing IT Projects Based on Business Strategy - CIO.com
Business books 2009 non-fiction books