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The IT Value Challenge’s author outlines four ways that companies can cut non-value IT spending without gutting IT’s ability to provide critical services and deliver value in new byline article on CIOUpdate.com.
To read the article click here or visit CIOUpdate.com.
Please note this is the third in a series of three articles. The first two articles may be found here and here.
In a new article on CIOUpdate.com, the IT Value Challenge’s author outlines ways that companies can reclaim a portion of their non value-creating IT spending to make it available to improve company economic performance or for differential investment.
To read the article click here or visit CIOUpdate.com.
Please note this is the second in a series of three articles. The first article in the series may be found here.
In a new CIOUpdate.com article, the IT Value Challenge’s author outlines an approach both business and technology executives can take to “have their cake and eat it too” by allocating a greater share of the IT budget to activities that create value for the enterprise.
To read the article click here or visit CIOUpdate.com.
The IT Value Challenge’s author will share three practical, actionable ways every company can increase their returns on annual IT spending at the upcoming June meeting of the Atlanta ISACA chapter. For details and to register, click here or visit www.isaca-atlanta.org.
The challenge for executives advocating implementation of or improvements to enterprise risk management (ERM) is to look beyond risk and make the case that an efficient and effective ERM program can create a positive, tangible impact on the top or bottom line.
Many IT departments already are familiar with ERM as IT often features in enterprise risk analyses as a cause of enterprise risk. However, IT can also be a primary source of solutons — both in terms of the ERM process as well as the improvement of enterprise risk positions. Executives seeking inspiration for opportunities to increase IT value through addressing key business needs should take a close look at how they can help make the value case for ERM.
Read the full article here or visit www.corporatecomplianceinsights.com.
In a May 14, 2010 article on LocalTechWire, guest author John Charnovich explores some of the drivers behind the high IT spending typical of small and medium-sized business, including some explored here previously on The IT Value Challenge.
Furthermore, a recent April 15th article published in the IT Value Challenge—which also references a 2009 Gartner study on “dead” IT investment and percentage of revenue IT spending by company size—suggests there is a serious problem. The article states that SMB’s IT spend is more than two times the investment of their larger counterparts.
To read more of John’s interesting article, click here (http://localtechwire.com/business/local_tech_wire/news/blogpost/7604605/) or visit www.localtechwire.com.
A closer look at some companies’ anticipated 2010 IT spending suggests two disturbing trends: IT spending avoided in 2009 in response to the economic downturn is being “made up” in 2010 budgets, and much of that “make up” spending falls into non value-creating categories. Together, this suggests returns on annual IT spending is on-track to decrease — which could have dire impacts on companies’ willingness to make strategic IT investments in 2011 and beyond. (more…)
The IT Value Challenge’s author shares a creative technique executives can use to improve their negotiating position with technology vendors and enhance the value delivered by a proposed transaction with CIOUpdate.Com readers in this new article by prolific IT writer Jeff Vance.
Click here to read the article or visit CIOUpdate.com.
Recent articles on The IT Value Challenge explored ways executives can reallocate, recapture or reduce non value-creating IT spending to increase available IT budget on the grounds that failing to do so could imperil the availability of funding for IT in the “new normal.” The importance of increasing the return on annual IT spending becomes even more striking when two common, popular IT spending benchmarks (well known to business and IT executives alike) are combined into a single analysis. (more…)
CIOUpdate: Being Unreasonable With Software Vendors