Entries Categorized as 'budgets'
by Mark P. McDonald | January 9, 2012 | 1 Comment
In times of economic adversity, conventional wisdom calls for conserving cash and capital. Firms have amassed record amounts of cash as governments face deep cuts in the fourth year of five-year plans. Leaders know that the future requires re-imaging the enterprise rather than repeated waves of belt tightening. Nowhere is this more evident than in [...]
Category: 2012 Economy Strategic planning Strategy budgets Tags: 2012 planning, amplify, CFO, CIO strategy, CIO-Forum-NA, cost cutting, Economic conditions, Strategy and Planning
by Mark P. McDonald | October 12, 2011 | 2 Comments
Throughout this year we have been talking about the need to re-imagine IT in the face of changing business priorities, technology innovation and IT performance. Re-imagination involves finding new answers to new questions and that involves hearing from you. Gartner Executive Programs runs an annual survey of CIOs that seeks to understand CIO priorities, plans [...]
Category: 2012 CIO Leadership Management Strategic planning budgets Tags: 2012 planning, IT and Business, IT Leadership, Reimagine IT, Strategy and Planning
by Mark P. McDonald | June 23, 2011 | 2 Comments
Benefits realization is rapidly becoming the critical business process for CIOs and IT as organizations call the value of IT into question. Traditionally, benefits realization has been assumed to be the responsibility of the business. IT built systems and the business deployed these systems to create business value. That approach makes sense given the division [...]
Category: Economy Leadership Management Re-imagine IT budgets Tags: Business Leadership, Business Management, Change leadership, Change Management, Management, RE-imagine IT
by Mark P. McDonald | June 1, 2011 | Submit a Comment
It’s the logical midpoint of 2011 – at least from a business cycle. It’s a good time to check the progress on the resolutions and plans. While plans and priorities can change, the 2011 CIO Resolutions originally posted at the start of the year provide a basis for judging your success so far. A note, [...]
Category: 2011 IT Governance Leadership Management Re-imagine IT Strategic planning budgets Tags: 2011 Planning, Business Strategy, CIO strategy, RE-imagine IT, Strategy and Planning
by Mark P. McDonald | April 13, 2011 | 1 Comment
It is time to replace the traditional IT business case with a Business Investment Plans. Why? For the simple reason that they do not work, at least they do not work from the perspective of helping an organization realize benefits from IT investments and projects. Part of re-imagining IT is taking a hard look at [...]
Category: CFO Economy IT Governance Re-imagine IT Tools budgets Tags: Business, Business Management, Business Strategy, CFO, RE-imagine IT, Tools
by Mark P. McDonald | October 11, 2010 | 5 Comments
Cost is part of the appeal of cloud computing as organizations lease services based on scale pricing rather than owning and operating IT assets on their own. While the efficiencies of large scale IT operations are undeniable, current IT financial management practices pervert that savings and actually make it cheaper to a business unit to [...]
Category: CFO CIO Cloud Personal Observation Strategic planning Strategy Technology budgets Tags: 2011 Planning, Personal Observation, Strategy and Planning, Technology, Technology Leadership
by Mark P. McDonald | June 18, 2010 | 7 Comments
The issue of demonstrating the business value of IT is at the top of mind for both CIO’s and other executives as they look to allocate cash and other resources across the enterprise. The short answer is that right now there is no one metric and the most prevalent one IT budget as a percent [...]
Category: CFO CIO Leadership budgets Tags: 2011 Planning, Business Management, CFO, IT and Business, IT management, IT Value, Metrics
by Mark P. McDonald | March 24, 2010 | Submit a Comment
I hope not, but this idea has recently gotten some attention in the IT media. People are looking for some theme for this year. They are trying to make sense of an economy that seems to be going in every direction at once. Saying that this year is a repeat of last year neither sets [...]
Category: CIO Economy budgets Tags: 2010, 2010 planning, cost cutting, Economic conditions, IT budgets, IT management, Leadership
by Mark P. McDonald | February 17, 2010 | Submit a Comment
If IT is strategic, then the IT budget should be driven by more than operational needs. So what are the drivers of IT resource and budget requirements? How you view customers and markets is one of the fundamental drivers of the IT cost structure and resource requirements. Your enterprise’s approach is often captured in its [...]
Category: CFO Uncategorized budgets Tags: CFO, cost cutting, Finance
by Mark P. McDonald | February 16, 2010 | 2 Comments
What do you think about when you think about the drivers of IT cost? IT headcount, managed service contracts, the number of servers, the amount of software maintenance, the number of PCs and the like come to mind. These are all items within the IT budget, but are they the forces that drive these costs? [...]
Category: CFO Economy Strategy budgets Tags: 2010 planning, CFO, cost cutting, Finance, IT budgets
