Bottom line
5 tips on Alignment that can generate profit
IT alignment, if done properly, is the CIO’s primary tool for creating value strategically in the company. That is, creating significant new profit or increases in the size of your customer base or improvements in your brand. Almost always, increases in value are eventually measured in terms of increased profits.
It appears to me that most [...]
“To try to do everything is to do nothing”
Ok, I am paraphrasing Frederik the Great but you get the idea. He actually said “to try to win everything is to win nothing”. This seems so true to me. Often with large IT projects we take on everything and win nothing. And yet for years, and especially recently, we see time and time again [...]
Portfolio Management would be nice…
The CEO calls you in and tells you to cut your operating costs by 30%. In general there are really only three initiatives you can pursue to reduce costs.
1. Improve efficiency. This equates to either deleting work, deleting redundant effort or deleting duplicate effort.
2. Consolidation to the lowest quantity of cost generating units. Be they [...]
CAPEX vs OPEX. What is the difference?
CAPEX is investment in the business. It adds shareholder value. But this new additional shareholder value is almost entirely created by the CASH FLOW created by the investment, not really the physical assets you buy, although there could be an element of this. This cash flow is why you invest in the first place and [...]
