As I look back over the years at topics I have focused on and although not really planned, it really does all fit together; a commitment to help align business and technology, drive value and focus on outcomes. I am writing another article called "A History of Value", but for now let’s fast forward to 2009.
I have spent quite some portion of my career talking about Value = Benefits – Costs. We usually obfuscate this simple equation using the summation of time series cash flows (positive benefits and negative costs), risk adjusted and blah, blah, blah. The concepts of Value are simple and connect directly with words like Usage, Adoption and recently Consumption. It matches the COMMIT-EXPLOIT findings from MIT-CISR in 2011. But over the past months, I came to question my focus on value. What heresy is this you say?
OK, so I am adding this comment myself but I just wanted to record that Tom Peters obviously agrees with me about the importance of time: The only thing on earth that never lies to you is your calendar. That’s why I’m a fanatic on the topic of time management. But when you use that term, people think, “Here’s an adult with a brain. And he’s teaching time management. Find something more important, please.” But something more important doesn’t exist.
More at McKinsey.com for the full article or watch some of his other short videos.
Share your thoughts or start a conversation.