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The Institute for Business Value (IBV) a calibrated concept of IBM - is a business research organization that focuses on managerial and economic issues faced by companies and governments around the world. It has offices in China, India, Ireland, Japan, the Netherlands, South Africa and the United States, and it publishes between 35 and 50 major studies each year.
The IBM Institute for Business Value grew out of earlier research programs at IBM that were part of the firm’s management consulting organization. These predecessors included the IBM Institute for Knowledge Management (IKM) and the IBM e-business Innovation Institute (ebII). The IKM, founded in 1999, was a membership consortium of private and public organizations that conducted research on the managerial and organizational aspects of knowledge management. The ebII was formed in 2000 with a small group of IBM consultants doing research into the impact of current and future technologies on business issues across a wide range of industries. In August 2001, IBM acquired Mainspring, a small strategy consulting firm headquartered in Cambridge, Massachusetts, and in October combined its research capabilities with the IKM and ebII to create the IBM Institute for Business Value (IBV).
From its early years the IBV focused on topics relevant to senior executives. It began publishing studies on business trends and management issues in such core industries as banking, automotive, and telecommunications. Most of the studies were global in scope, although a few focused on issues specific to a region, such as Western Europe or North America. Additionally, the IBV began to conduct research concerning cross-industry issues, such as customer relationship management (CRM).
In 2002, IBM acquired PriceWaterhouseCoopers Consulting (PwCC), the consulting arm of PriceWaterhouseCoopers, thereby increasing IBM’s consulting population by some 30,000 employees and augmenting its expertise in the business issues of over a dozen industries and key functions, such as financial management, and supply chain management. The IBV became part of the merged consulting organization, now known as IBM Global Business Services (GBS).
The inclusion of PwCC into IBM led to important changes in the IBV. First, the number of full-time consultants working at the IBV grew from about 35 in 2002 to about 55 by 2008 and with the addition of specialized groups in Japan, India and China to about 80 in 2011. Second, many came in with a combination of advanced academic research degrees and consulting experience. Third, the staff became more international, although two main offices were established: one in Cambridge, Massachusetts and the other in Amsterdam. Studies were now organized more expansively by industry and management function (e.g., finance, HR). One type of study brought over from PwCC was the “future agenda” that explored the economic and business trends affecting an industry over a 5 to 10-year period. Within several years, the IBV had published nearly a dozen of such studies. The staff also published books dealing with such issues as knowledge management, the electronics industry, and the role of IT in myriad American industries.
The IBV continues to conduct primary research, publish white papers, present research findings at industry conferences, and write bylined articles for trade and business publications. Global activities continue to expand through IBV satellite programs in China, Japan, India and South Africa. A high-profile collaboration, begun in 2001, with the Economist Intelligence Unit (EIU) produces a ranking of scores of nations in their use of IT, called the E-Readiness Ranking. Published annually in the spring, by 2008 it was the longest-running review of economic, political, social and technological issues affecting countries around the world
The IBV also has continued and broadened a series of CxO studies originated by PwCC. The CxO studies conduct extensive (often involving over 1,000 participants from across the world and from a wide range of sectors) in-office surveys and interviews with senior executives around the globe – CEOs, [1] [2] [3] [4] chief information officers (CIOs), [5] [6] chief financial officers (CFOs), [7] [8] [9] chief human resource officers (CHROs), [10] [11] [12] chief supply chain officers (CSCOs) [13] and chief marketing officers (CMOs), – publishing the results every two years for CEOs and CIOs in May and every four years for CFOs, CHROs, CSCOs and CMOs in October.
A chief financial officer (CFO), also known as a treasurer, is an officer of a company or organization who is assigned the primary responsibility for making decisions for the company for projects and its finances . The CFO thus has ultimate authority over the finance unit and is the chief financial spokesperson for the organization.
PricewaterhouseCoopers International Limited is a British multinational professional services brand of firms, operating as partnerships under the PwC brand. It is the second-largest professional services network in the world and is considered one of the Big Four accounting firms, along with Deloitte, EY, and KPMG.
Management consulting is the practice of providing consulting services to organizations to improve their performance or in any how to assist in achieving organizational objectives. Organizations may draw upon the services of management consultants for a number of reasons, including gaining external advice and accessing consultants' specialized expertise regarding concerns that call for additional oversight.
The New York State School of Industrial and Labor Relations at Cornell University (ILR) is an industrial relations school and one of Cornell University's four statutory colleges. The School has five academic departments which include: Labor Economics, Human Resource Management, Global Labor and Work, Organizational Behavior, and Statistics & Data Science.
A chief marketing officer (CMO), also called a marketing director or chief brand officer (CBO), is a C-suite corporate executive responsible for managing marketing activities in an organization. The CMO leads brand management, marketing communications (including advertising, promotions and public relations), market research, product marketing, distribution channel management, pricing, customer success, and customer service.
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Gregory D. Brenneman is an American businessman. He serves as the chairman of CCMP Capital, an American private equity firm.
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A chief visionary officer or chief vision officer (CVO) is an executive function in a company like a CEO or COO. The title is sometimes used to formalize a high-level advisory position and other times used to define a higher-ranking position than that held by the CEO. In some cases, the CVO is added to the CEO-title, much in the same way that people with multiple university degrees list them after their names.
Emlyon Business School is a private business school in Lyon, France, established in 1872, and affiliated with the Lyon Chamber of Commerce and Industry. A grande école de commerce, Emlyon Business School offers a wide range of academic programs, including the Global BBA, Masters in Management, M.Sc. in Finance, MBA, and Exec. MBA degrees, alongside Specialized Masters programs, and a Ph.D. program in Management. The school also provides a wide portfolio of Executive Education programs for senior executives & experienced managers.
A chief human resources officer (CHRO) or chief people officer (CPO) is a corporate officer who oversees all aspects of human resource management and industrial relations policies, practices and operations for an organization. Similar job titles include: chief people officer, chief personnel officer, executive vice president of human resources and senior vice president of human resources. Roles and responsibilities of a typical CHRO can be categorized as follows: workforce strategist, organizational and performance conductor, HR service delivery owner, compliance and governance regulator, and coach and adviser to the senior leadership team and the board of directors. CHROs may also be involved in board member selection and orientation, executive compensation, and succession planning. In addition, functions such as communications, facilities, public relations and related areas may fall within the scope of the CHRO role. Increasingly, CHROs report directly to chief executive officers and are members of the most senior-level committees of a company.
Mercer is an American consulting firm founded in 1945. It is one of the four operating subsidiaries of global professional services firm Marsh McLennan. Mercer is headquartered in New York City with offices in 43 countries and operations in 130 countries. The company primarily provides human resources and financial services consulting services to its clients.
Outsourcing relationship management (ORM) is the business discipline widely adopted by companies and public institutions to manage one or more external service providers as part of an outsourcing strategy. ORM is a broadly used term that encompasses elements of organizational structure, management strategy and information technology infrastructure.
A chief strategy officer (CSO) is an executive that usually reports to the CEO and has primary responsibility for strategy formulation and management, including developing the corporate vision and strategy, overseeing strategic planning, and leading strategic initiatives, including M&A, transformation, partnerships, and cost reduction. Some companies give the title of chief strategist or chief business officer to its senior executives who are holding the top strategy role.
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Technology Business Management Council is a Washington-based non-profit organization with the goal of creating and promoting “best practices for running IT as a business.” As of January 2018, the TBM Council has about 5,100 CIO, CTO, & CFO members who are advancing technology business management standards and education across all industries. Its current board of directors includes executives from AIG, Aflac, Apptio, Cisco, Dollar General, First American, Intuit, Great West Life, MasterCard, Micron, Nationwide, Red Ventures, Stanley Black & Decker, SunTrust, Tyson Foods, and the University of Pennsylvania.