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Borusan Otomotiv Grubu, Istanbul, Türkiye: TOM for Product Development

Company: Borusan Otomotiv Grubu, Istanbul, Turkiye
Company Description: Borusan Otomotiv is the distributor of the premium brands BMW, MINI, BMW motorcycles and Jaguar&Land Rover in Türkiye. Borusan Otomotiv was founded in 1984 with the partnership of Giwa Holding and Borusan Holding. Borusan Otomotiv operates with 25 Authorized Dealers and 46 Authorized Services. Borusan Otomotiv's focus on technology product development and R&D investments is steadily increasing.
Nomination Category: Product & Service Categories - Business Technology Solutions
Nomination Sub Category: Other
2024 Stevie Winner Nomination Title: TOM for Product Development
  1. Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the the nominated new or new-version product or service, OR written answers to the questions for this category? (Choose one):
    Written answers to the questions
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.

     

  3. If you are providing written answers for your submission, you must provide an answer to this first question: If this is a brand-new product, state the date on which it was released. If this is a new version of an existing product, state the date on which the update was released:

    As Technology Department, we embarked on a transformative journey to elevate the experiences of our customers and employees. We are steadfast in our commitment to delivering outstanding digital experiences for our customers and empowering our employees through efficient and intelligent management of business processes. Recognizing the importance of a solid operating model and governance structure for successful product management, we have instituted the 'Technology Operational Model' (TOM). This framework structures our operations and provides guidance through established governance. The launch of TOM on 9th October 2023 stands as a landmark achievement in our pursuit of digital excellence.

  4. If you are providing written answers for your submission, you must provide an answer to this second question: Describe the features, functions, and benefits of the nominated product or service (up to 350 words):

    Total 350 words used.

    Technology Operating Model (TOM) represents a transformative approach in managing and leveraging technology to deliver exceptional digital experiences to customers and maximize employee potential. Our transformation journey has focused on developing a product-based structure that includes a robust operating model and a well-defined governance framework.

    TOM outlines essential principles, processes, and structures for efficiently managing the complete product lifecycle, from inception to retirement. By setting clear guidelines and standards, the TOM facilitates streamlined operations, enhances collaboration, and elevates product quality. Key features include strategic alignment, operational excellence, and adaptability, ensuring technology investments directly contribute to achieving organizational goals and fostering a culture of continuous improvement and innovation.

    A notable function of TOM is its governance framework, encompassing decision-making processes, risk management, and performance measurement. This enables informed decision-making, effective risk mitigation, and progress tracking. Our service-oriented architecture enhances the flexibility and scalability of IT services, allowing quick adaptation to changing business needs.

    Through our transformation, we have identified over one hundred unique products, categorized into Digital Products, Business-Enablement Products, and Technology Products. Digital Products are customer-facing and leverage Business-Enablement and Technology Products to enhance features. Business-Enablement Products support employees and dealers in business processes, master data management, and financial transactions. Technology Products aid technology department employees in managing components and infrastructures.

    TOM integrates advanced technologies and methodologies, such as cloud computing, agile development, and DevOps practices. These integrations facilitate faster development cycles, improve collaboration, and ensure high-quality service delivery. Our data-driven approach leverages analytics and business intelligence to drive strategic decisions and optimize processes.

    The benefits of TOM are multifaceted. It enhances operational efficiency, leading to cost savings and improved resource utilization. The model boosts innovation by encouraging experimentation and rapid iteration, allowing us to stay competitive and respond swiftly to market changes. Additionally, our customer-centric approach ensures IT services are designed with the end-user in mind, driving better user experiences and increasing customer loyalty.

    A key benefit of TOM is the traceability capability, which links business capabilities to products and technology components. This ensures seamless alignment and visibility across all levels, enabling better impact analysis, prioritization, and resource allocation.

  5. If you are providing written answers for your submission, you must provide an answer to this third question: Outline the market performance, critical reception, and customer satisfaction with the product or service to date. State monetary or unit sales figures to date, if possible, and how they compare to expectations or past performance. Provide links to laudatory product or service reviews. Include some customer testimonials, if applicable (up to 350 words):

    Total 334 words used.

    • [REDACTED FOR PUBLICATION]

    With the implementation of TOM, we have evolved from a cost center into a dynamic value generator, delivering exceptional customer experiences and empowering our employees. TOM continues to drive our journey, enabling the development of innovative products that ensure sustained growth and excellence.

  6. You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):

     

Attachments/Videos/Links:
TOM for Product Development
JPEG [REDACTED FOR PUBLICATION]