Jaik Balakumar

Jaik Balakumar

Jaik Balakumar

Chicago, IL
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Summary

Jaik Balakumar is a seasoned Management and Technology Consultant located in the Greater Chicago area. With over two decades of distinguished service in the Big Four consulting firms, he has consistently achieved high ratings. His reputation is built on a solid work ethic and successful management of a broad range of projects, enhancing sales and delivery for over 50 distinct accounts both in the U.S. and internationally.


His approach to optimizing operations involves a thorough analysis of processes, workforce dynamics, and IT environments. He has crafted leading-edge solutions for various sectors, including healthcare providers focused on revenue cycle management and patient care, insurance companies looking to improve administrative functions, particularly in claims processing, and pharmaceutical organizations concerned with safety and risk management.


As a recognized authority in enterprise architecture, Jaik has led international teams to develop multiple frameworks and methodologies, achieving a top position in industry rankings, such as a #1 Forrester rating. His work includes the development of acclaimed population health frameworks that have received top KLASS/Vanguard ratings, and he has authored numerous white papers on enterprise architecture with an emphasis on agile transformation.


Jaik is at the forefront of merging business and technology strategies, leading large-scale implementations, and leveraging data analytics to foster growth, update business processes, and integrate the latest technological advancements. His innovative leadership has established him as a key IT strategist, formulating transformation plans that influence both national and corporate policies.


His effective communication skills and congenial demeanor make complex subjects accessible. He encourages collaboration between business and IT groups to devise cutting-edge solutions. He meticulously formulates IT strategies and applies enterprise architecture principles to guide intricate business ventures supporting C-level executives.


Employing a data-centric method, Jaik is proficient in evaluating comprehensive technology stacks—covering applications, integrations, data, security, and infrastructure—and advocates for customer-focused design principles.


Throughout his tenure at the Big Four consulting firms, Jaik played a crucial role, especially in integration processes following significant mergers. He has also been vital in setting up enterprise architecture functions and advancing corporate practices, frameworks, and sales and delivery methodologies.


He has been a pivotal figure in numerous major projects, leading efforts to standardize operations for an $80 billion health insurance firm and performing advanced technological evaluations for public initiatives. He crafted a population health technology plan for one of the country's largest healthcare providers and managed a worldwide project for a prominent pharmaceutical firm.


Under Jaik Balakumar's direction, his clients have developed extensive business and IT strategies, performed evaluations, and constructed enterprise roadmaps that encompass thousands of business functions, hundreds of technologies, and over 2,500 projects. His leadership continues to be a driving force in the technological and managerial landscapes.

Experience

2020 Nov - Present
Senior Consultant
MBO Partners / Chicago

Education

1996 - 2001
Iowa State University
Finance