One of the biggest challenges that the person with the CIO job has is that the department that they are responsible for is more often than not viewed as being a cost center. What this means is that the IT department spends and spends and spends and never seems to actually bring in any money. … Read moreIs It Possible For An IT Department To Make Money?
CIOs have since the beginning of time struggled to get the respect that the other C-level executives get. One of the big reasons that it can be so hard to get the IT department to be viewed by the rest of the company as being valuable is because all too often, despite the importance of … Read moreHow CIOs Can Build IT Departments That Are Money Makers
We all know that IT provides value to the rest of the company, but how much value? That’s the question that CIOs are always trying to answer. Dr. Jim Anderson tackles this issue by taking a look at what HP’s former CIO Randy Mott did. It turns out that he found a way to solve … Read moreVideo: IT Value How To Measure The Revenue Of IT
What would you say is the biggest challenge that CIOs are facing today? There are a lot of possibilities to choose from, but if I had to put my money on just one issue, I’d choose the fact that all that today’s CIOs seem to get a chance to talk about is costs. What’s missing … Read moreIT Value: How To Measure The Revenue Of IT
Pity the poor CIO – he manages a team of professionals that do great work, but he / she rarely gets any credit for a job well done. Why you ask? Well an unfortunate comparison can be made to the maintenance staff that takes care of the building that your work in. It’s great that … Read moreIT Work Split: The New 80/20 Rule
Current industry wisdom estimates that companies end up spending 5% – 10% of their gross revenue on all things related to Information Technology. Ouch! That means for every $1M in revenue, the IT cost could reach up to $100,000. You do the math! In a recent article in Baseline magazine, Cary Westmark who is the … Read moreFrom Plumber To Partner: How IT Can Become Part Of A Company’s Success