IoT Field Notes: Building a Business Case
Justifying Preventative Maintenance – Where’s the Value?
How to be Taken Seriously as a Business Partner
Part of my job consists of working with General Managers & Managing Directors, talking about process and technology projects, and how we might leverage internal and external resources. I am no longer surprised that external consulting groups get more of the interesting and exciting projects - internal IT is often challenged by a lack of "latest and greatest" tech skills (in support of a modern digital strategy), available cycles (to take on the extra work), or communication & marketing skills.…
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 more directly - maintenance costs for specialized engineering, warehouse management, or financial systems, for example, could be allocated more directly to those departments. I've written…
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 IT spend comparable to other measures of company performance? A bit more detail ... balancing quantitative and qualitative ... (Quantitative) To make sure you have…
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 industry norms? Is your IT spend comparable to other measures of company performance? A bit more detail ... balancing quantitative and qualitative ... (Quantitative) To…