Key Takeaway:
- ServiceNow with the Now Platform® is the best option for bringing solutions to life, transforming enterprises with risk resilience and operational efficiencies.
- Finastra, as a strategic partner for ServiceNow, standardizes the entire Finastra IT operation on the Now Platform. Gary Collins, Director of ServiceNow Platform at Finastra, emphasized the importance of peer-to-peer information sharing and collaboration for staying at the forefront of innovation. Five key learnings for achieving operational excellence include starting with employees, creating digital workflows to minimize risk exposure and save time, solving problems of the future by overhauling legacy technologies and processes, improving vulnerability management through implementation of a digital workflow resulting in an estimated 25% faster response time and annual savings of $350K, and integrating workflows that operationalize ESG pillars on a single platform.
- ESG is about driving business growth while building a more sustainable, equitable, and ethical future for the world. Responsible organizations can deliver solutions for societal challenges ranging from the climate crisis to poverty, inequality, and starvation. Private sector innovation in ESG is a growing market with immeasurable benefits for consumers and the planet.
- ServiceNow IT Operations Management (ITOM) offers comprehensive AIOps capabilities on the Now Platform for improving service health and increasing operational efficiency through real-time decision-making with data analytics. ITOM helps rapidly find service degradations and outages, understand and resolve issues, automate problem remediation, and optimize cloud spend through automatic incident identification and resolution with root cause analysis.
Introduction to ServiceNow for Operations Managers
In today’s business environment, the role of Operations Managers is critical. Achieving business goals requires improved operational efficiency. This section explores how ServiceNow can assist Operations Managers in achieving this goal. It’s important to understand the importance of operational efficiency and goals, and ServiceNow can help Operations Managers stay on top of their game.
The Importance of Operational Efficiency and Goals
Operational efficiency and goals have a huge influence on any organization’s success. Companies must focus on streamlining their processes and reducing downtime, for effective and efficient goals achievement. ServiceNow provides a great platform to boost operational efficiency, aiding an organization’s growth.
Its IT Operations Management features offer tools to automate workflows, track assets, and improve service delivery. ServiceNow’s comprehensive platform can also transform enterprise risk management, monitor network performance, and improve service health.
It’s fundamental to prioritize employee engagement and foster collaboration amongst teams to achieve operational excellence. ServiceNow’s digital workflows help reduce risk, allowing managers to switch out outdated technologies and processes, while improving vulnerability management.
By joining Environmental Social Governance principles with corporate priorities using ServiceNow, businesses align two significant business pillars, guaranteeing sustainable equitable growth for all stakeholders.
Lastly, ServiceNow’s ITOM module ServiceNow for Operations Managers: Improve Operational Efficiency capacity enables real-time decision-making with the use of data analytics. It expands capacity in delivering high-quality services, and quickly repairing damaging events through automatic incident identification and resolution and root cause analysis.
Why ServiceNow is the Best Option for Improving Service Health and Driving Business Growth
ServiceNow offers a comprehensive approach that allows operational managers to enhance service health and promote business growth. In this segment, we will explore why ServiceNow is a superior choice for boosting operational efficiency. We will examine how ServiceNow ITOM enhances service health and efficiency, as well as how ServiceNow is revolutionizing enterprise risk management to achieve ideal outcomes.
Transforming Enterprise Risk with ServiceNow
Mitigating enterprise risk with ServiceNow is a must for organizations worldwide. It offers innovative solutions to address risks. Leveraging the platform’s capabilities helps businesses prepare and manage risks proactively. Plus, it responds quickly during crises.
ServiceNow automates processes. It monitors security events and responds to incidents. It also allows for seamless collaboration and integrates with multiple systems. Digitizing manual processes reduces operational costs and mitigates risks efficiently.
The ITOM suite enables businesses to gain visibility into their IT infrastructure. It optimizes operations management and facilitates collaboration between IT and business teams. Automation of tasks such as incident identification, management, and resolution is possible.
For successful risk management, businesses must prioritize employees’ needs and invest in digital workflows. Legacy technologies and processes should be overhauled. Automating vulnerability management detects threats faster, preventing cyber-attacks.
Improving Service Health and Increasing Efficiency with ServiceNow ITOM
Improving service and boosting efficiency are key for any biz. ServiceNow ITOM provides a full-service solution to up quality and cut risks. With a digital workflow approach, companies can detect system vulnerabilities, fix issues fast, and optimize service in real-time.
The platform focuses on AI Ops which makes dealing with incidents before they occur easier. ServiceNow helps firms use data analytics and AIOps to spot root causes before they cause damage. This tech lets teams work together on a shared platform to optimize workflows.
Investing in ESG principles allows businesses to grow sustainably and align with goals. Companies get higher transparency with digital solutions that optimize intuitively.
It’s when ServiceNow’s collaborations and innovations come together, like PB&J, that the perfect sandwich is made.
Collaboration and Information Sharing for Innovation in ServiceNow
Collaboration and info-sharing are vital for driving innovation in ServiceNow. Ideas, best practices, and solutions can boost efficiency and service delivery. Plus, better alignment leads to faster issue-solving and decisions.
To collaborate and share on ServiceNow, use chat, forums, and knowledge management. These tools bring the workforce together for brainstorming and problem-solving. Also, capturing knowledge in a central repository helps promote consistency and avoid duplication.
Embrace collaboration and info-sharing to stay up-to-date and create a learning culture. This drives employee engagement and equips teams with skills for great customer service.
In summary, collaboration and sharing are key for driving innovation on ServiceNow. Leverage the platform’s features to foster a culture of learning, efficiency, and service. Start collaborating now to bring teams closer and spark innovation.
Five Key Learnings for Achieving Operational Excellence
In this section, discover the five key learnings to achieve operational excellence with ServiceNow. These learnings are based on reputable sources and can help operations managers streamline and optimize their operations. The first key learning is to overhaul legacy technologies and processes in order to improve vulnerability management. The second key learning involves creating digital workflows to reduce risks. Each sub-section provides insights to elevate operational efficiency. This section is a must-read for operations managers looking to optimize their operations. HTML tags are intact.
Starting with Employees First
Employees must come first for businesses to grow and succeed. This leads to higher job satisfaction, increased productivity, and better outcomes.
Digital workflows can help. They reduce risk and improve security. ServiceNow provides a solution, integrating advanced tech with legacy systems.
ESG principles promote sustainable, equitable, and ethical growth. ServiceNow aligns ESG goals with corporate priorities.
AIOps inside ServiceNow ITOM allows for real-time data analytics and decisions. Automatic incident identification and resolution reduce downtime and improve service health.
Prioritizing employee well-being sets the stage for driving innovation and operational excellence. ServiceNow’s digital transformation helps employees work more efficiently. Risk reduction through digital workflows helps businesses achieve their goals.
Creating Digital Workflows for Risk Reduction
Businesses need to set up digital workflows to ensure smooth operations and minimize risks. Automating processes and using technology can reduce errors and help companies focus on major issues.
Automated workflows are crucial to reduce risks, keep operations running and enhance service quality. ServiceNow’s ITOM is a great tool that can eliminate manual work, limit human mistakes, and better understand the infrastructure, related services, and dependencies. This understanding allows quick troubleshooting of issues caused by changes or potential bottlenecks.
User needs, feedback, and experiences must be at the center of improvement strategies, not just tech solutions. Employee buy-in is essential for any automated system to succeed. A survey by NewVantage Partners found that more than 70% of Fortune 1000 companies mentioned lack of employee buy-in as the biggest challenge to a data-driven culture.
For a successful digital transformation, innovation and well-defined processes that meet business needs are necessary. It is important to anticipate how problems may evolve and not depend on technologies to solve old issues. Digital workflows can help companies achieve smoother operations and reduce risk.
Overhauling Legacy Technologies and Processes to Solve Future Problems
Outdated tech and strategies must be refined. Legacy tech in business ops must be addressed. ServiceNow’s platform can simplify legacy tech overhaul. This helps analyze current initiatives’ efficacy. Modernizing processes boosts operational efficiency and real-time problem solving.
Optimal results come from digital transformation. Organizations must look at their processes and revise them. Revising means mitigating threats and risks from legacy tech and processes. Overhauling is important for solving future problems and success in a fast-changing digital landscape.
Improving Vulnerability Management with Digital Workflows
Organizations can tap into digital workflows to enhance their vulnerability management. Automated processes make risk management more efficient, helping with identification, evaluation, and prioritization of vulnerabilities. Digital workflows also help prevent security breaches by regularly prompting assessments and evaluations.
ServiceNow’s ITOM platform offers advanced risk assessment capabilities. Plus, workflows can help track incidents and ensure timely resolutions. ServiceNow helps organizations align ESG goals with corporate priorities. Achieve your goals with ServiceNow’s best practices for improving vulnerability management, enhancing risk assessment, and driving sustainable growth.
Integrating ESG Principles for Sustainable, Equitable, and Ethical Enterprise Growth
Introducing the importance of integrating ESG principles for sustainable, equitable, and ethical enterprise growth. In this section, we’ll explore the role of environmental, social, and governance factors in driving business growth. According to a study by MSCI, companies with strong ESG performance have shown to have higher profitability and lower volatility than those with weaker ESG performance. Best practices for aligning ESG goals with corporate priorities can be achieved using the ServiceNow platform.
Environmental and Social Governance Driving Business Growth
Businesses are focusing on sustainable practices and ethical values. ESG (Environmental, Social, and Governance) principles are key for growth. ServiceNow for Operations Managers: Improve Operational Efficiency offers a solution to align ESG goals with corporate priorities. This boosts operational efficiency.
Integrating ESG principles into values improves reputation, attracts customers and investors. They prioritize sustainable practices. ESG initiatives encourage innovation and collaboration. They also reduce risks of non-compliance.
ServiceNow provides best practices for ESG-corporate alignment. Managers can manage sustainability data and develop action plans. This helps identify areas for improvement and drives positive social change. It also enhances operational efficiency.
Companies can achieve long-term success by prioritizing sustainability and ethical practices. With increased focus on ESG, success is achievable.
Best Practices for Aligning ESG Goals with Corporate Priorities with ServiceNow Platform
Aligning Environmental, Social and Governance (ESG) goals with corporate priorities is essential for success. ServiceNow platform can help with this.
Conducting materiality assessments is key. This enables businesses to design and refine their ESG process, create measurable outcomes and use digital workflows.
Set up sustainability metrics to track performance regularly. Customize them to different stakeholder demands and align with modern disclosure frameworks like SASB or GRI.
Consider addressing gaps between current operations and future sustainability investments. The ServiceNow ITOM engine can help identify areas requiring improvement from an ESG perspective.
Organizations that embrace ESG goals show stronger financial performances. Incorporate these guidelines into operational processes via the ServiceNow platform to create value for stakeholders and contribute to society’s objectives.
Improving Service Health and Increasing Efficiency with AI Ops in ServiceNow ITOM
The ServiceNow ITOM suite offers powerful AIOps capabilities on the Now Platform, enabling operations managers to improve service health and efficiency. In this section, we’ll explore how these capabilities meet the need for high-quality business services and real-time decision-making with data analytics. The benefits of automatic incident identification and resolution with root cause analysis will also be discussed, highlighting the ways in which ServiceNow ITOM drives operational efficiency.
The Need for High-Quality Business Service and Real-Time Decision-Making with Data Analytics
For organizations to be efficient, business services of high-quality and real-time decision-making are needed. The complexity of tech infrastructure makes it difficult to manage services manually. Data analytics is the solution, helping companies get insights from data generated by systems and devices. This speeds up decision-making, and helps identify issues early, so risks can be avoided.
ServiceNow ITOM provides AIOps capabilities. It automates incident identification and resolution, reducing downtime and improving service health. Algorithms use machine learning to help operators find patterns in data. This reduces the time to identify, triage, and resolve incidents. This results in better service availability.
In the digital world, providing great services is essential for success. Leveraging AIOps capabilities helps companies become excellent and deliver amazing customer experiences. Use ServiceNow ITOM on the Now Platform, to make tedious incident identification and resolution a thing of the past, and ensure growth.
AIOps Capabilities in ServiceNow ITOM on the Now Platform
Incorporate AIOps into ServiceNow IT Operations Management (ITOM) on the Now Platform. Automate incident identification and resolution. Do root cause analysis quickly. Achieve operational excellence. Enhance service health and operational efficiency.
Gain valuable data insights with AIOps. Reduce risk and make decisions effectively. Share information collaboratively. Achieve innovation-led growth.
Incorporating AIOps capabilities into ServiceNow ITOM on the Now Platform is essential. Enhance service health. Increase efficiency. Drive bottom-line results. Automatic identification and resolution make finding the root cause of incidents easier.
Automatic Incident Identification and Resolution with Root Cause Analysis
The Now Platform’s ServiceNow ITOM offers AI Ops capabilities. This powerful tech is able to identify and resolve incidents automatically. Root cause analysis finds the source of the issue, so operations managers can proactively tackle it. AI Ops can also learn from past incidents, helping to avoid similar problems in the future.
In the past, determining the root cause of an issue was difficult and slow. It required multiple teams to collaborate. But with AI-enabled resolution, all steps are automated, saving time and resources while preserving business continuity.
Conclusion: Achieving Operational Efficiency with ServiceNow for Operations Managers
ServiceNow is the go-to choice for Operational Managers aiming to maximise efficiency. Its integrated approach helps managers manage all operational aspects – from asset and incident handling to service level agreements and performance analytics. By using ServiceNow, Operational Managers can make complex tasks easier, automate repeated tasks, and reduce downtime.
Also, ServiceNow’s advanced data analytics lets managers identify potential problems quickly and take corrective measures quickly. Plus, the user interface simplifies managing and tracking operational tasks, increasing visibility of operational management.
In addition to operational perks, ServiceNow has great collaboration and communication tools, aiding effective communication between Operational Managers, teams, and stakeholders. The platform also integrates with other corporate systems, allowing Managers to use data from different sources, helping make business decisions with accuracy.
To wrap up, ServiceNow is a helpful tool for Operational Managers to attain greater efficiency, productivity, and collaboration. The platform’s user-friendly interface, full analytics, and real-time monitoring capabilities make it an essential platform for modern organisations striving to optimise operations and boost returns.
Some Facts About ServiceNow for Operations Managers: Improve Operational Efficiency:
- ✅ ServiceNow is the best option for bringing solutions to life with the Now Platform®. (Source: https://www.servicenow.com/solutions/operational-excellence.html)
- ✅ ServiceNow can transform enterprises with risk resilience and operational efficiencies. (Source: https://www.servicenow.com/solutions/operational-excellence.html)
- ✅ Gary Collins, Director of ServiceNow Platform at Finastra, emphasized the importance of peer-to-peer information sharing and collaboration for staying at the forefront of innovation at the annual ServiceNow event. (Source: https://www.servicenow.com/blogs/2019/finastra-five-ways-to-operational-excellence2.html)
- ✅ Finastra standardized their entire IT operation on the Now Platform resulting in a 25% faster response time and annual savings of $350K. (Source: https://www.servicenow.com/blogs/2019/finastra-five-ways-to-operational-excellence2.html)
- ✅ Integrating workflows that operationalize ESG pillars on a single platform is an ESG best practice. (Source: https://www.servicenow.com/products/it-operations-management/what-is-operational-excellence.html)
- ✅ ServiceNow IT Operations Management (ITOM) offers comprehensive AIOps capabilities on the Now Platform, helping move IT operations from manual event collection to automatic incident identification and resolution with root cause analysis. (Source: https://www.servicenow.com/lpwbr/operational-efficiency-with-ai-ops.html)
FAQs about Servicenow For Operations Managers: Improve Operational Efficiency
What is ServiceNow and how can it improve operational efficiency across an organization?
ServiceNow is the best option for bringing solutions to life with the Now Platform® and can transform enterprises with risk resilience and operational efficiencies. It delivers full control over IT resources on-premises and in the cloud, enabling organizations to move from manual event collection to automatic incident identification and resolution with root cause analysis, automating problem remediation and optimizing cloud spend. By standardizing operations with the Now Platform, organizations can start with employees first to enable them to service customers properly, minimize risk exposure and save time with digital workflows, and solve problems of the future by overhauling legacy technologies and processes.
How can ServiceNow ITOM help improve service health and increase operational efficiency?
ServiceNow IT Operations Management (ITOM) offers comprehensive AIOps capabilities on the Now Platform®. With ITOM, organizations can rapidly find service degradations and outages, understand and resolve issues, automate problem remediation, and optimize cloud spend. By using data analytics, it helps move operations from manual event collection to automatic incident identification and resolution with root cause analysis. This ultimately helps improve service health and increase operational efficiency.
What is the relationship between Finastra and ServiceNow?
Finastra is a strategic partner for ServiceNow. Gary Collins, Director of ServiceNow Platform at Finastra, attended the annual ServiceNow event for customers and partners and emphasized the importance of peer-to-peer information sharing and collaboration for staying at the forefront of innovation. Collins was able to share his experiences of standardizing the entire Finastra IT operation on the Now Platform with other ServiceNow customers, executives, and users.
What are the key learnings from Finastra’s experience with ServiceNow?
During the ServiceNow event, Gary Collins discussed five key learnings, including the importance of starting with employees first to enable them to service customers properly, creating digital workflows to minimize risk exposure and save time, and solving problems of the future by overhauling legacy technologies and processes. Finastra’s vulnerability management process was improved through the implementation of a digital workflow, resulting in an estimated 25% faster response time and annual savings of $350K. The decision to overhaul Finastra’s entire IT infrastructure was made due to the inefficiencies caused by multiple legacy technologies and processes.
How can ServiceNow help organizations drive ESG goals?
ESG (Environmental, Social, Governance) is about driving business growth while building a more sustainable, equitable, and ethical future for the world. Most organizations perform ESG activities, but few have a cohesive, enterprise-wide planning and operational model or technology foundation to help them achieve their ESG goals. Integrating workflows that operationalize ESG pillars on a single platform is an ESG best practice. The Now Platform can help align investments with ESG goals, mesh ESG efforts with other corporate priorities and processes, and yield optimal results.
What is the webinar on improving service health and increasing operational efficiency with AI Ops?
The webinar discusses how digital transformation requires high-quality business service and real-time decision-making with data analytics. The Now Platform® provides full control over IT resources on-premises and in the cloud, and ServiceNow® IT Operations Management (ITOM) offers comprehensive AIOps capabilities to help rapidly find service degradations and outages, understand and resolve issues, automate problem remediation, and optimize cloud spend. IT operations can move from manual event collection to automatic incident identification and resolution with root cause analysis. The webinar discusses these topics in more detail.