The formula for running and growing any business is fairly simple. There are 3 variables that you need to define to get the right answer for your business and the business technology portfolio. Goals: What do I want to accomplish over time? Strategies: What path am I going to take to get to my goals? …
3 Variables for Managing your Business Technology Portfolio Read More »
As management consultants, we hear how a lot of organizations feel about their information systems. Familiar complaints about the IT department include: “The department of NO” “Where good ideas go to die” “A black hole” Not surprisingly, these comments arise when the IT organization is dysfunctional and systems are unstable. However, some of the same …
Business executives intuitively understand the importance of governance for organizational assets such as human capital, financial assets and physical assets. Still, many don\’t necessarily appreciate the need to govern information and IT assets. Given the intangibility of information, and the resources invested in IT by the average business, it makes perfect sense to govern IT …
Many of our mid-sized clients struggle with realizing true value from their IT investments, including their investment in the IT Director role. For a good description of the value to expect from IT, please browse our April, 2015 article Is IT Providing Value In Your Business. Part of the reason for this troubling situation is …
What level of value is Information Technology (IT) providing your business? Mid-sized businesses typically have annual revenues between $10 million and $200 million. Often, leaders of these type of businesses believe that Information Technology is a back office function and an expense to be minimized. They believe that IT is absolutely necessary like power, facilities …
Do you view IT as a burden rather than an asset, an expense rather than an investment, a curse rather than a blessing and not something that actually makes you money?
Do you think of information technology as the tool to optimize the decision-making and execution that produces higher levels of productivity, innovation, customer loyalty, employee motivation and profit in your business? Strategic IT is just that.
This post is on a topic of how a management consultant can provide maximum value by becoming a trusted advisor. I have always felt that there is a continuum that exists for management consulting services with a defined product on one end and a highly trusted advisor on the other.
