IT ROI is more like fuzzy logic these days and causes negative consequences: lack of business respect, mistrust of project intent and difficulty in entering into the mainstream strategy conversation of the company.
The “art of possible” to reinvent business in the digital age is to deliver the value of information in helping businesses grow, delight customers and do more with innovation.
ITROI Information technology plays a significant role in business transformation. The best way IT can demonstrate value to the business is to invest in understanding the business processes it supports and make improvements that help the business achieve its ultimate goals and objectives by making continuous deliveries.
IT ROI Traditional IT organizations are perceived as the cost center. The digital mantra for IT leaders is to run IT as a business with high ROI. ROI - Return on Investment, is a ratio or a percentage of the dollar amount the company gains from IT investment effort over what it initially spent in simple terms. It tells business management how well an IT investment repays the company. To reinvent IT from a cost center to a value generator, IT leaders have to fine-tune the operational structures & functions and manage a balanced application portfolio to maximize the IT ROI portfolio.
ITgrowth In many organizations, IT is still being portrayed as a help desk, back office function and cost center, a business outsider, while IT is supposed to be an integral and critical part of businesses. At what point does IT no longer have to deal with the continuing discussions that include the phrase "IT and the business"? How should IT build its value proposition, and gain a solid reputation as a value creator, innovation engine, customer champion, talent master, business catalyzer, and beyond?
itinquiries Information Technology can be used as a tool, enabler, catalyst, and a digital platform to orchestrate change. The real paradox is that IT depends on the business to define their technology requirements but the business does not understand the capabilities of technology and it is difficult for them to provide functional requirements for applications.
IT ROIIT investment in many organizations is a controversial subject, Statistically, seventy percent of technology initiatives don't have a direct measurable effect on the bottom line, as there’re full of opportunities and risks; IT ROI is more like fuzzy logic these days and causes negative consequences: lack of business respect, mistrust of project intent and difficulty in entering into the mainstream strategy conversation of the company. So what are the best methodologies?
The blog is a dynamic book flowing with your thoughts; growing through your dedication; sharing your knowledge; conveying your wisdom, and making an influence through touching the hearts and connecting minds across the globe. The “Future of CIO” Blog has reached 15 million page views with 11100+ blog postings. Among 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. Blogging is not about writing, but about thinking and innovating new ideas; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging, and therefore, it takes time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify diverse voices and deepen digital footprints, and it's the way to harness your innovative spirit.
IT ROI
ITROI Information technology plays a significant role in business transformation. The best way IT can demonstrate value to the business is to invest in understanding the business processes it supports and make improvements that help the business achieve its ultimate goals and objectives by making continuous deliveries.
IT ROI Traditional IT organizations are perceived as the cost center. The digital mantra for IT leaders is to run IT as a business with high ROI. ROI - Return on Investment, is a ratio or a percentage of the dollar amount the company gains from IT investment effort over what it initially spent in simple terms. It tells business management how well an IT investment repays the company. To reinvent IT from a cost center to a value generator, IT leaders have to fine-tune the operational structures & functions and manage a balanced application portfolio to maximize the IT ROI portfolio.
ITgrowth In many organizations, IT is still being portrayed as a help desk, back office function and cost center, a business outsider, while IT is supposed to be an integral and critical part of businesses. At what point does IT no longer have to deal with the continuing discussions that include the phrase "IT and the business"? How should IT build its value proposition, and gain a solid reputation as a value creator, innovation engine, customer champion, talent master, business catalyzer, and beyond?
itinquiries Information Technology can be used as a tool, enabler, catalyst, and a digital platform to orchestrate change. The real paradox is that IT depends on the business to define their technology requirements but the business does not understand the capabilities of technology and it is difficult for them to provide functional requirements for applications.
IT ROIIT investment in many organizations is a controversial subject, Statistically, seventy percent of technology initiatives don't have a direct measurable effect on the bottom line, as there’re full of opportunities and risks; IT ROI is more like fuzzy logic these days and causes negative consequences: lack of business respect, mistrust of project intent and difficulty in entering into the mainstream strategy conversation of the company. So what are the best methodologies?
The blog is a dynamic book flowing with your thoughts; growing through your dedication; sharing your knowledge; conveying your wisdom, and making an influence through touching the hearts and connecting minds across the globe. The “Future of CIO” Blog has reached 15 million page views with 11100+ blog postings. Among 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. Blogging is not about writing, but about thinking and innovating new ideas; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging, and therefore, it takes time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify diverse voices and deepen digital footprints, and it's the way to harness your innovative spirit.
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