// archives

Business Value of IT

This category contains 22 posts

Inspiration, with some elements of Art
The Hegemony of Large Numbers – Ignoring Common Sense

Ok, maybe I’m stretching the meaning there, but that’s a cool sounding title, and what I see as an interesting phenomenon. People get excited about Large Numbers, and think they have meaning and importance simply because they are Large Numbers. Big Errors For example – years ago, when an application manager was whirling around the [...]

Execution, with some elements of Inspiration
Chargebacks vs. Allocations – Defining IT’s Relationship with the Business

Some IT departments prefer chargebacks, while others do not. My own preference is to allocate IT costs to the business units, based on some reasonable balance of simplicity and accuracy. General services could be allocated by headcount, COGs, or revenues, with each business unit taking their proportional share. Some easily identifiable items might be allocated [...]

Inspiration, with some elements of Science
Defining Business Benefits: Hard and Soft

All projects should have a clear objective, a practical plan, and an understanding of the costs and benefits to get the thing done. Easy to say, but a lot of project teams struggle to crisply and clearly define specific business benefits. One way to move the process forward would be to have a clear understanding [...]

Inspiration, with some elements of Science
Calculating the Business Benefit of Effective Training Material (4 of 4)

In previous notes, I’ve written about the importance of training and, by extension, effective training material. It’s a common requirement in many organizations … … well, actually more of a “nice to have”, am I right? Truly effective training material is difficult to create (at least, to create material that does the job), and difficult [...]

Art, with some elements of Inspiration
Business Proposals and The Lesson of Jabberwocky

When someone asks my opinion on their writing, I’ll get fairly detailed; I’ve noted in the past that there is a lot of power and influence in the written word, and it’s fairly important to get it done well, or your project proposals just never seem to get off the ground. This particular proposal suffered from [...]

Inspiration, with some elements of Science
If I Told You a Fractal Solution, Could You Change the CEO’s Mind?

As the new year approaches, debates over the “value” of IT and business projects intensify; it’s not holiday stress, but the excitement of the approaching New [fiscal] Year. Lately, I’m hearing more about the struggle to quantify business value, especially when selecting those few projects that will “make the cut”. We will definitely iterate on [...]

Inspiration
Business Benefits of Social Networks Exist, but …

When I see / read articles like this, or hear the breathless claims of vendors, pundits, and True Believers, I’ll privately chuckle to myself. All of this stuff – social networking, collaboration, and innovation – are 21st century takes on good old Knowledge Management (KM), circa 1998. Do these sound like presentations from your recent [...]

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Five More Realities for Driving Business Value from Technology

Dennis McDonald’s recent post listed Ten Realities of Managing and Using Technology to Generate Business Value. I think a few of these items need some elaboration … Implementing a technology based solution without understanding the costs is a big mistake … and most projects only consider TCI – Total Cost of Implementation. This typically includes [...]

Execution, with some elements of Inspiration
Measuring and Reporting IT Value (2 of 2)

My last post generated some interest, so here’s the rest of the examples. Last time, I wrote about the simplistic approach to measure and report on IT value: Is your IT group working on the right things? Are they working on the right things well? Is your IT spend comparable to industry norms? Is your [...]

Execution, with some elements of Inspiration
Measuring and Reporting IT Value (1 of 2)

This started off as a quick response to a question on LinkedIn Answers … but I got on a roll … Here’s a simplistic way to measure and report on IT value: Is your IT group working on the right things? Are they working on the right things well? Is your IT spend comparable to [...]