Tuesday, March 15, 2022

Itvalue

In face of fierce competition and tough business dynamics, achieving profitability is a strategic aspect of business’s survival and thriving. 


The aim of modern Information Management has often been described as getting the right information to the right person, in the right format and medium, at the right time, in order to make the right decisions. 

The value of information technology is qualitative, measurable, and defined uniquely by an organization.





 

IT Value Proposition



ITvaluecompetency Due to exponential growth of information and abundant knowledge, all forward-looking businesses across the boundaries are declaring they are in the information management business regardless of the sectors and nature of the company. IT should be run as an integral part of business to create multifaceted corporate value; help the company achieve its business goals and objectives in any way possible.

Itvaluepropositions Organizational value is an informal term and could mean different things to different people. VALUE is not something that can easily be measured and is very subjective. IT organizations are often perceived as cost centers or back office functions only. The fact is many IT organizations are not even trying to address their value to the business as they simply have not figured out the premium methods to enable it, looking only at cost, schedule, and quality, will not fully address value and only leads to conflicts in what value is.

itprofitability In face of fierce competition and tough business dynamics, achieving profitability is a strategic aspect of business’s survival and thriving, especially for many struggling vertical sectors today. Information technology is in a unique position to observe broadly and explore deeply about their business and the related digital ecosystem.

Itasvaluecreator As businesses move into the digital future, technology is the fastest growing arena, information is the lifeblood of the business, and IT becomes the backbone of running a high performance organization. The idea that the IT organization is overlooked as a digital driver and is being bypassed by business units comes at an odd time when you consider the robust new technology prospects and pervasive information influence.

InformationTechnologyasaSystematicBusinessValue Generator Organizations across the industrial sectors are faced with exponential growth of information, high velocity, fierce competition, and continuous disruptions. It’s important to do data investigation or any attempt at understanding the business context, refined business insight based on reliable information and advanced analysis. The goal is to improve decision effectiveness, harness innovation and achieve high performance.

The “Future of CIO” Blog has reached 5 million page views with about #8700th blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The content richness is not for its own sake, but to convey the vision and share the wisdom. 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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