Operations|Programmes

Becoming an Effective Technology Executive

Managing a technology/IT department is very different from leading a development team. The scope of responsibilities grows exponentially, and you are expected to be a technical, legal, financial and strategic expert overnight. This course aims to provide you with the key knowledge, skills and techniques to successfully transition into this role and become an effective technology/IT executive.

  • Next course

    spring 2022
    09:00 - 16:00

  • Duration

    42 hours

  • Tuition

    390.000

Project Manager

Björg Rún Óskarsdóttir

bjorgrun@ru.is

599 6300

Managing a technology/IT department is very different from leading a development team. The scope of responsibilities grows exponentially, and you are expected to be a technical, legal, financial and strategic expert overnight. This course aims to provide you with the key knowledge, skills and techniques to successfully transition into this role and become an effective technology/IT executive.

The course is taught in English.

Modules:

IT Strategy Development - focusing on frameworks and methods to develop an IT strategy that aligns with the business strategy whilst balancing technical elements. Referring to typical models such as Porter as well as Gartner for example.

Delivery Model Evolution - providing an overview of how delivery models (system centric, project centric, bi-model, product centric) evolved over the years and more importantly, which models are suited for which kind of challenges.

IT Governance - what does IT Governance mean, with specific reference to how it aligns with Corporate Governance frameworks.  Topics such as COBIT and general risk management will be covered.

Financial Management and Cost Allocation - understanding IT budgets, OPEX vs CAPEX as well as different options for recovering IT costs from the business.

Contract Management & Negotiations - how do you read a contract, what are the important elements to look out for and what are some of the best strategies for negotiating with vendors.

CEO & Executive Interactions - it is important to understand how to manage your key stakeholders and understand their business.  Knowing how to manage their expectations and also crafting your message (telling a compelling story) is a crucial part of being effective an effective IT Executive.

Learning outcomes of the course in whole and of each module:

You will have a clear understanding of the theory, reviewed case studies and have tools/tips/tricks that you can use in your job the next day.

Module

Learning Outcome

IT Strategy Development

The ability to direct & guide the development of an IT Strategy which is aligned with business drivers & goals.

Delivery Model Evolution

A clear understanding of the pros & cons of the different delivery models and how to select & implement the most appropriate one for your organisation.

IT Governance

An overview of corporate governance, the role of IT Governance Policy within this and how to structure & manage your IT risk management function.

Financial Management & Cost Allocation

General financial management skills with a focus on developing and managing IT budgets, including how to make decisions around capitalization of IT costs.
In addition, you would be able to guide the development of an IT cost recovery/allocation model.

Contract Management & Negotiations

The ability to structure, review and negotiate contracts directly (or in partnership with procurement) with your key suppliers. Understanding the difference between the negotiation and management phases of a contract and what it means to have a successful partnership.

CEO & Executive Interactions

An understanding of how to effectively manage your key stakeholders, as well as your boss, in order to create an environment where IT is seen as a partner and not a supplier to the business.

Target audience:

The course is targeted at any person working within the technology/IT profession that are or aspire to move into management or executive level roles.

Teaching

The course is divided into six sessions. Teaching is on Thursdays, from October 2021 until March 2022. A combination of theoretical and practical knowledge. Participants solve realistic tasks, participate in discussions and share knowledge with each other. The course is taught in English.

Structure:

The course consists of six two day modules. Starts in spring 2022. A mix of theory and practical knowledge. Participants will be working with case studies, discussion and knowledge sharing.

Information about teacher:

Riaan has more than 20 years of experience in software implementation, planning and business change - from a Consulting, Software Provider, Business and Management perspective. He moved to Iceland in 2016 and is currently the Chief Information Officer at Íslandsbanki. 

He holds bachelor degrees in Actuarial Science and Economics with a Masters Degree in Information Technology. Riaan previously lectured in Advanced Project Management & eCommerce at the University of Johannesburg. 

Teachers

Riaan Dreyer

Framkvæmdastjóri upplýsingatæknisviðs Íslandsbanka