Books
in black and white
Main menu
Share a book About us Home
Books
Biology Business Chemistry Computers Culture Economics Fiction Games Guide History Management Mathematical Medicine Mental Fitnes Physics Psychology Scince Sport Technics
Ads

IT Portfolio management step by step - Maizlish B

Maizlish B, Handler R. IT Portfolio management step by step - John Wiley & Sons, 2005. - 401 p.
ISBN.: 978-0-471-64984-8
Download (direct link): itportfoliomanagement2005.pdf
Previous << 1 .. 39 40 41 42 43 44 < 45 > 46 47 48 49 50 51 .. 181 >> Next

responds with new systems and new applica * Reorient the role of the IT organization to becoming a partner in the strategic use of IT
tions. The interaction between the business and * Assign business manager the role of IT investment decision making
the IT group is minimal, and there is little un * Provide incentives and rewards to employees who demonstrate a drive toward business innovation through information technology
derstanding of each other's domains or chal Challenge 2: Central IT budget promotes a cost-centric view of IT Investments
lenges. Business managers and the IT personnel Suggested remedies
perceive the IT group as passive recipients of * Fund IT investments by those deriving benefits
business IT wish lists, and technology consider * Do not fund a project without detailed business case (basic IT support and infrastructure management may be exceptions to this)
ations are not incorporated into business strate Challenge 3: IT is accountable for technical success of projects, but no one is responsible for business value
gies. This outdated model still persists in many * Business managers maintain responsibility and accountability
companies. * Metrics and balanced scorecard track success and value delivered
* Assign strong IT integration manager on each project
2. Adjacent Challenge 4: Dilution of responsibility for IT investments---it’s everyone’s job
There exists a closer collaboration between the Suggested remedies
business and the IT group facilitated by a few * Define clear responsibilities for technology implementation and for business outcomes of IT investments
intermediaries between the two realms. The in * Define technical project management and business responsibilities for business value delivery
termediaries perform the translating services--- * Assure that key roles are assigned to business-focused managers, whether the project is in the discovery portfolio, the project portfolio, or the asset portfolio
of business needs to IT and of IT methods to Challenge 5: Misaligned goals, where participants are not on the same page
the business---but meaning and nuances fre Suggested remedies
quently get lost in translation. New techniques * Align financial incentives and career growth measures with IT investment goals
such as rapid application development, iterative * Empower business managers
development, and proactive involvement of * Align functional affiliations of strategic IT with general business thinking; obliterate stovepipes
business users bring the two realms closer, but Challenge 6: Strategic IT opportunities fall through the cracks with business managers unwilling to undertake them
they are still distinct and separate. This is the Suggested remedies
Previous << 1 .. 39 40 41 42 43 44 < 45 > 46 47 48 49 50 51 .. 181 >> Next