Defending the IT Budget
A very good case study on running it like a business, aligning business with IT and defending the IT budget on value not cost!
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IT Strategy is nothing without its implementation. How can CIOs get some "SOLACE" from their IT Strategy? Read on! Where is the fat? If HP has it right, then this article shows you the places where you can cut IT fat. Ever wonder what happens when business and IT are not aligned? Well, like most other things in life, there are symptoms of misalignment. Monitoring them and analyzing them can help you avert disaster. Ever seen a blind man cross the road..? – or is that just Exco (The executive committee) trying to decide on the IT budget? In this series, we will discuss IT Value - from its definition to a framework to measure and track it
A guide to outcomes management methodology Cost management is still a top priority. However, making meaningful cost reduction without affecting performance is easier said than done. This article discusses "a structured and pragmatic approach to zero-basing can help achieve sustainable cost ... A guide to Earned Value Management (EVM) Where are CIOs spending their money? How do they view their future spending and direction? The survey says... The pressure is on IT departments to cut costs. But if you came to me with a cost-cutting plan which includes suggestions from various IT experts of: “virtualisation, removing data duplication, WAN optimisation, installing air economisers, and using... Let’s face it. An IT organization that has to justify its budget as a “cost center” has lost the respect of the business community somewhere along the line. This paper presents a framework for strategic technology planning. Yankee Group calls it "consumerism" but this is old wine. Shadow IT has its pitfalls. Can you create a winning model that leverages its benefits? Ideally, budgeting is part of an integrated performance management process and framework which is driven by value based metrics and shareholder value metrics. However, implementing these processes proves difficult for even the most accomplished orga... Of late, there is a lot of emphasis on IT ROI. While this is commendable, extending this argument to convert the IT Organization into a profit center is taking it to another extreme. For example, are HR, finance, and marketing profit centers? Why no... This presentation discusses an Integrated Performance Management Framework for IT Capital Planning, Budgeting and Governance Before you benchmark, read this article! IT Strategy requires a process and a framework. The former provides the steps and the latter the toolkit. Together they help an organization get to an IT Strategy that maximizes IT ROI. This article addresses the latter.
This whitepaper introduces performance budgeting and describes how to apply the "the methodologies, metrics, process, and systems used to monitor and manage the enterprise’s business performance.” Good introduction to PBB but it lacks depth. How can a CIO create value when most of the budget is spent "keeping the lights on"? Is there a way out of this dilemma? Read On... The disconnect between business and IT is often lamented. A lot is spoken and written about this chasm. Ostensibly, a lot is done to bridge it. Yet, most would agree the chasm still exists. This presentation discusses the trends and drivers shaping corporate information technology capability and the strategy, tactics and semantics to deal with them - "new generation IT will be run by business professionals who[se] focus is IT" According to this study, Business Unit Heads are not concerned about IT Costs as they represent only 2-5% of their budgets. Really? Why does IT Strategy work sometimes and not others?
Posted on 05/16/2011 by