The IT Value ChallengeRecent efforts by companies to minimize IT budgets during the economic downturn quickly became part of the “new normal.” To avoid further arbitrary cuts and preserve the IT department’s ability to support the business, executives must meet a new challenge – demonstrate the value delivered by every dollar spent on IT. For most companies, IT is one of the largest single line-items in the budget. Comparatively few companies can articulate what value they receive in return for that spending year over year. So, it comes as no surprise that when times get tough the IT budget is the first to go under the microscope. Even as companies emerge from the economic downturn, they continue to challenge the value realized from annual IT spending. The IT value challenge is clear – create value or lose all but the minimal funding required to sustain critical applications, architecture and services. This site has been developed to provide insights and ideas and practical, actionable approaches executives can use to meet the IT Value Challenge and enhance the returns their companies receive on their annual IT spending. |
The Author Matt is a former Big 4 strategic management consulting executive with over 18 years of experience. He assists his clients realize their business strategies through measuring and improving returns on investment in business operations and information technology, improving business processes, reducing costs and proactively managing business risks. Matt’s consulting competencies include strategic business and information technology management, corporate restructuring and supporting strategic transactions such as mergers and acquisitions both pre- and post-transaction. He is an accomplished professional speaker and presents on professional topics several times annually at large national and international conferences and at local chapter meetings of various professional organizations including Strategic Research Institute, Law Seminars International, Information Systems Audit and Control Association and the Institute of Internal Auditors. Matt is a member of the Institute of Management Consultants and has been a Certified Management Consultant (CMC) for over 15 years. He also is a member of the Information Systems Audit and Control Association and was one of the first recipients of the Certified in the Governance of Enterprise Information Technology (CGEIT) designation. |
Matt Podowitz
