What started as an Apptio user group of six CIOs is rapidly becoming a movement.
In my dual roles with Apptio and the TBM Council, it’s my job to evangelize; and in the course of my work I’m occasionally accused of hyperbole. But in this case the evidence is irrefutable. Nearly a third of all Fortune 100 companies—including Boeing, Facebook, Coca-Cola, Safeway, Target and Xerox—have embraced TBM. Some of the top academic institutions in the United States are getting involved, and we recently held our first TBM Council meeting in Europe. Perhaps most striking is the fact that more than 700 senior IT executives from around the world have joined the TBM Council , a non-profit organization focused on advancing this emerging discipline by identifying and evangelizing best practices. As the infographic below shows, the momentum is undeniable … and it’s growing.
A subset of these IT leaders came together last week—in a virtual summit that drew participants via telepresence rooms and web browsers from more than 150 cities in 13 countries—to discuss how they can drive transparency with their business partners, reduce costs without sacrificing service levels, and increase their change-the-business spending through TBM practices.
This was our 13th TBM Summit, and it featured four main speakers:
- Carl Stumpf, managing director and technology controller of the CME Group, discussed how to use financial and operational metrics to drive optimal business decisions.
- Dean Nelson, vice president of global foundation services at eBay, explained how his team helps measure the productivity of the eBay engine.
- Don Duet, chief operating officer of the technology division at Goldman Sachs, talked about enabling a products portfolio to better serve the business.
- Jim Magee, director of IT business management at Freddie Mac, went through his organization’s TCO initiative and how it helps build confidence through transparency.
All four presentations received high marks for relevant, quality content and generated spirited discussions. In case you missed it, we’ll share highlights from these presentations in a series of posts on this blog over the next couple of weeks.
In addition, we heard from Robert Webb, a TBM Council board member, who brought us up to speed on several exciting TBM Council initiatives, including the TBM Index™ —which provides a peer-validated benchmark on the state of TBM adoption—and a research project being conducted by Dartmouth’s Tuck School of Management, which is exploring how TBM adoption correlates to corporate performance.
Finally, we learned about the latest chapter of the ongoing TBM Book , which is the definitive resource that shows how to apply TBM in your organization. The TBM Council is literally writing the book on the future of their profession.
But some of the biggest news coming out of the TBM Summit was the decision to hold the first-ever TBM Conference in Seattle in November of this year. Showcasing IT leaders who are successfully transforming their organizations with TBM, the upcoming conference will emphasize practical, hands-on lessons for CIOs and CTOs who want to fix pressing business problems in their enterprises. I’ll be talking more about the TBM Conference soon. In the meantime, please make plans to be there .
Let’s recap a few of the numbers: 29 of the Fortune 100, a growing community of more than 700 IT leaders, summit participants from 150 cities in 13 countries, an academic study, a book, and a physical conference… and that’s just a snapshot of the current state. This thing is a juggernaut. Growing numbers of technology leaders are redefining themselves as business leaders through the adoption and advancement of TBM. You can join the movement by following @TBMCouncil on Twitter, applying for Council membership , and registering for the November conference.