Discover how organizations like yours optimized their technology spend and investments, by deploying a straightforward yet effective agile control system to execute their strategy.
At Strategy Go, we believe that technology should not just support your business—it should advance it. Our mission is to align your technology spending with your business strategy, ensuring every dollar you invest is a step towards achieving your company's goals. With a proven track record of delivering tangible results, delivering savings in the $100+ Million range and retiring hundreds of systems with negative return on cost, we are your partners in translating IT spending into strategic business value. Our approach is data-driven and customer-focused, utilizing a business capability model to map out the most impactful investments. Whether you're looking to innovate, optimize, or transform, Strategy Go is here to guide you through every step of the journey. Let us help you turn your technology expenditures into strategic assets that drive growth, efficiency, and competitive advantage.
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Business capability-based costing is a strategic approach that connects costs to a company's strategy by focusing on its unique capabilities. This method involves identifying and leveraging the inherent strengths of an organization to optimize resource allocation and enhance performance.
For example, a company might use capability-based costing to determine which costs are essential for maintaining its competitive advantage and which can be reduced without impacting its core capabilities. This approach ensures that cost-cutting measures are sustainable and aligned with the company's long-term goals.
By focusing on business capabilities, organizations can create a unique competitive advantage, allocate resources more efficiently, and ensure strategic alignment across the entire organization. This method is particularly valuable in today's complex business environment, where rapid technological changes and evolving customer expectations require companies to remain agile and adaptable.
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Business capability-based planning is a strategic planning approach that focuses on the planning, engineering, and delivery of strategic business capabilities to the enterprise. It is business-driven and business-led, combining the requisite efforts of all lines of business to achieve the desired capability.
Identification of Capabilities: It involves identifying the capabilities that an organization already has and how that compares to what it needs to achieve its strategic objectives.
Assessment of Change: It assesses the level of change required for each capability.
Prioritization: It prioritizes the changes required to achieve the desired capabilities.
Development of a Roadmap: It develops a roadmap for making the necessary changes.
Execute the Roadmap: Using Capability Based Costing to track progress.
This approach ensures that changes in an organization are aligned with the overarching strategic vision and helps in coordinating projects across corporate functional domains. Business capability-based planning is a strategic planning approach that focuses on the planning, engineering, and delivery of strategic business capabilities to the enterprise. It is business-driven and business-led, combining the requisite efforts of all lines of business to achieve the desired capability.
Identification of Capabilities: It involves identifying the capabilities that an organization already has and how that compares to what it needs to achieve its strategic objectives.
Assessment of Change: It assesses the level of change required for each capability.
Prioritization: It prioritizes the changes required to achieve the desired capabilities.
Development of a Roadmap: It develops a roadmap for making the necessary changes.
Execute the Roadmap: Using Capability Based Costing to track progress.
This approach ensures that changes in an organization are aligned with the overarching strategic vision and helps in coordinating projects across corporate functional domains.
Our team at Strategy Go brings extensive expertise in Financial Control and Technology Management, honed through decades of experience at major global banks. We’ve helped leaders at all levels, from VPs to the C-Suite, gain better control over their IT and IT spend.
Contact
➤ LOCATION
Toronto, Canada
☎ CONTACT
contact@strategy-go.com
(437) 523-8585
Better Together
We have reimagined how parts of finance, technology, and strategy work.
Empowering you to drive collaboration and alignment amongst your technology, finance, and revenue teams.
Delivering you superior execution of your strategy, increased agility, improving your P&L.
Areas of Practice
TEchnology Cost Savings in banking
We extend your annual budget planning activities by providing a spend audit using the industry standard business capability model, BIAN, to translate your technology spend into easy to understand business function. We specialise in helping clients focus on reducing over-spend on functions of little strategic interest.
Financial Control and Optimization
We will enhance your financial management by digitizing accounts payable, maximizing the use of existing technologies like ServiceNow and Salesforce, and fostering proactive financial behaviours. This practice includes creating actionable spend dashboards, ensuring IT accountability, aligning financial goals across the organization, improving project approval processes, and educating teams on the business impact of financial decisions. The goal is to optimize financial control, eliminate unplanned expenses, and maximize the value of technological investments, driving sustainable financial health and operational efficiency.
TEchnology Spend Audit
We work with finance and technology to map your total annual spend on technology into the easy to understand, industry standard business capability model. (or help you develop a model of your own) This allows you to see opportunities to adjust spend to better meet the strategic needs of your business and its customers. We specialise in helping clients redistribute spend from non-strategic to strategic capability.
Operating model and Playbook
We will work with you to develop a business capability centric organisation design, operating model and playbook for your business to better harness your technology spend. Including how to improve governance, deliver wholesome roadmaps, and better service the needs of your business and customers. We specialise in helping clients redistribute spend from non-strategic to strategic capability.
Aligning Project Spend to Strategy and Existing Spend
Your investment spend is precious, so it is painful that a third of the technology assets you build now are decommissioned and written off within 2 years. The main reasons for this include, building the wrong thing or building something you already have. We can help you build capability analysis into your existing project approval process to ensure you are building the right thing, that makes sense in the context of total capability spend and business strategy.
Benchmarking
We can help you understand how you stack up with the industry in regards to your allocation of spend by capability. We specialise in helping clients redistribute spend from non-strategic to strategic capability.
“As much as 85% of your spend on shared services such as IT is not aligned to your business strategy. Let us help you articulate that spend in business terms and develop plans to remediate”
Let's Chat
Use the form below to contact us regarding your inquiry. Please be as detailed as possible. To help us best service your enquiry, we recommend that you first describe the issue you’re having before telling us what you want to achieve. You may also email or call us to make an appointment.
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