For the past couple months, I have been working to understand Intel IT's innovation model ... specifically, how do we create business value with IT investment. I have come across many approaches, opinions, projects, programs and more.
One of the key answers and best practices that I have found sits within a small team of Intel IT employees that is led by Martin Curley, Director of IT and co-founder of the Innovation Value Institute (IVI).
The IVI and Martin's role and goal in developing the IVI was written up in an article online at InnovationManagement.se, titled "intel Initiative Aims for More IT Enabled Innovation"
This article does a nice job summarizing one of the core IT governance tools we use internally inside Intel IT to drive innovation for the purpose of creating business value. Originally formed through a strong link between NUI Maynooth and Intel, the consortium’s more than 30 members are among the world’s leading companies such as Chevron, Google, SAP, BP, Ernst & Young, and BCG. While Intel IT has been using this model (the IT Capability Maturity Framework) ourselves for a few years we are not alone. I'm told that over 200 companies utilize the resources and framework developed by the IVI in helping create more value through IT investment.
Learn more about the Innovation Value Institute
What tools does your IT organization use to create business value?