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Controlling technology is a vital part of running a company. It involves organizing, planning, leading and controlling various processes to meet organizational goals. Effective leadership, effective communication and strategic decision-making skills are required to fulfill this job. Professionals in business management technology use their skills to oversee every aspect of an organization from operations and finance to human resources and marketing.
Technology leaders are always looking for new tools that can help them achieve their IT strategy and enhance the effectiveness of their technology functions. One tool that is gaining popularity is technology business management (TBM). TBM is not a technology solution, but a framework for optimizing IT to meet the all-encompassing goals of the business. Its ten elements give leaders complete visibility into their technology investments regardless of the technology stack or delivery model.
TBM improves visibility and aligns the technology team with the goals of the company. It makes it easier to react quickly to changes and threats in the market. It also assists leaders in planning for governance and day-today operations. For instance, JP Morgan Chase turbotaxsmallbusiness.com/avast-business-patch-management-review used TBM to align its IT department with the company’s primary goals and strategies.
TBM also allows IT executives to manage costs and provide more value to the company. TBM lets IT leaders to allocate their resources based on the impact of business in real-time and the desired outcomes. They can lower costs without compromising service quality. This strategy transforms IT from a cost-center into an enabler of profit.