Avatar of Jaik Balakumar.
Jaik Balakumar
Management and Technology Consultant
ProfilePortfolio
Posts
0Connections
Print
Avatar of the user.

Jaik Balakumar

Management and Technology Consultant
Jaik Balakumar is a highly respected Management and Technology Consultant from Greater Chicago. He boasts over two decades of experience within the Big Four consulting firms, where he has consistently earned top ratings. He has managed a diverse portfolio of projects that significantly improved sales and delivery across over 50 unique accounts, both in the U.S. and globally. His expertise extends to optimizing operations through rigorous process analysis, workforce dynamics, and IT environment assessments. He has developed innovative solutions tailored to healthcare providers, focusing on revenue cycle management and patient care operations, insurance companies, enhancing claims and administrative functions, and pharmaceutical companies, improving safety and risk management processes. Jaik is acclaimed for his leadership in enterprise architecture. He has guided international teams in creating numerous innovative frameworks and methodologies that have secured top industry rankings, including a #1 Forrester rating. His work includes the development of population health frameworks, which have received high KLASS/Vanguard ratings, and the authorship of several white papers on agile transformation in enterprise architecture. He is at the forefront of integrating business and technology strategies, managing large-scale implementations, and employing data analytics to drive business growth, modernize processes, and integrate cutting-edge technological innovations. His strategic insights have positioned him as a transformative IT leader, crafting impactful transformation strategies at both national and enterprise levels. Jaik is known for his ability to articulate complex technical issues clearly. He facilitates effective collaboration between business and IT teams and leads to the development of groundbreaking solutions. He crafts detailed IT strategies and leverages enterprise architecture principles to tackle complex business initiatives, often supporting C-level executives. Using a data-driven approach, Jaik excels at assessing complete technology stacks—including applications, integrations, data, security, and infrastructure—while promoting customer-focused, outside-in design principles. Throughout his illustrious career, he has played a critical role in leading integration efforts following major acquisitions, standardizing operations for an $80 billion health insurance firm, conducting high-level technology assessments for public sector initiatives, and overseeing global implementations for leading pharmaceutical companies. Guided by Jaik Balakumar's expertise, his clients have developed comprehensive business and IT strategies, conducted extensive assessments, and crafted detailed enterprise roadmaps that encompass thousands of business capabilities, hundreds of technologies, and over 2,500 projects. His strategic leadership continues to influence the management and technology consulting sectors profoundly.
MBO Partners
Iowa State University
United States
United States

Professional Background

  • Current Status
  • Profession
  • Fields
  • Work Experience
  • Management
  • Highest Level of Education

Job Search Preferences

  • Current Status
  • Desired Job Type
  • Desired Positions
  • Desired Work Locations
  • Freelance

Work Experience

Senior Consultant

Nov 2020 - Present
Chicago, Cook County, Illinois, United States

Management Consultant

Jul 2004 - Apr 2023
18 yrs 10 mos
• Large healthcare insurance provider: Worked with enterprise architecture to assist with management of 30 strategic projects. • Large insurance provider: Worked with enterprise architecture to development current and future state architecture artifacts. Activities included business process re-engineering, technology architecture specifically focused on application, integration and data.

Manager

Jan 2010 - Dec 2011
2 yrs 0 mos

Education

Finance
1996 - 2001
Activities and societies
Computer Science Club Finance Club Science Fiction Club