Entries Tagged as 'IT Value'
by Mark P. McDonald | July 11, 2012 | Submit a Comment
If John Stuart can take a hiatus, why can’t I. Please enjoy this prior post on the best metric for IT. 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 [...]
Category: budgets IT Governance Leadership Tags: IT organization, IT Value, Metrics, Value of IT
by Mark P. McDonald | November 30, 2011 | 2 Comments
Precision is the enemy of IT value and a root cause of why it is so hard to measure IT’s. About the only thing that you can prove with precision is that is not wasting money. Precision requires that specific investments that produce pre-defined and specific results. You want to produce more widgets, then you [...]
Category: CFO CIO Management Tags: Finance, IT Value, Metrics, Value of IT
by Mark P. McDonald | November 2, 2011 | 3 Comments
Raising business impact is something that CIOs and IT professionals have sought for years. The goal has led to the development of ‘tools’ ranging from new IT metrics, program/project management, portfolio management and advanced approaches to business case development. It has also led to a range of ‘beliefs’ in the business and IT relationship – [...]
Category: Lean Thinking Management Re-imagine IT Tags: Business Leadership, Business Management, Business Value, IT Value, Tools, Value of IT
by Mark P. McDonald | August 10, 2010 | 1 Comment
Productivity is measured by the output created for a particular set of inputs. Productivity ahs been a real sticking point for CFO’s related to IT. Most have sought to ‘raise’ IT productivity by reducing IT resources – the denominator at the expense of the numerator – results. Concentrating on managing the denominator tells less than [...]
Category: Technology Uncategorized Tags: Infrastructure, IT management, IT Value, Management, Metrics, Productivity, Value
by Mark P. McDonald | July 28, 2010 | Submit a Comment
Just about everybody can tell you the relationship between the IT budget and company sales. Percentage of sales is a common and quick metric for benchmarking and describing your IT organization, CIOs see it as handy because in most cases the number is rather small. IT spend as less than 1% or even 5% of [...]
Category: CFO Leadership Tags: CFO, IT Value, Metrics, Value of IT
by Mark P. McDonald | June 27, 2010 | 5 Comments
Understanding IT’s role in the enterprise is complex and incomplete. IT is the subject of great debate as some see it as the source of competitive advantage and others see it as an enabling function. CIOs and IT professionals themselves have a tough time answering the question about IT’s role. Why? because I believe we [...]
Category: Leadership Strategic planning Strategy Technology Tags: Business Strategy, IT strategy, IT Value, Value of IT
by Mark P. McDonald | June 18, 2010 | 8 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: budgets CFO CIO Leadership Tags: 2011 Planning, Business Management, CFO, IT and Business, IT management, IT Value, Metrics