Why do most people in life major in minor things rather than focus on the big questions? I think it is for the same reason why many companies focus more on reducing TCO than increasing IT enabled business value. They believe it is easier, less risky, better to measure and most others do it this way. Even if this might be true to a large degree, the biggest opportunities and rewards come from majoring the big things and focusing to increase business value with IT.
Of course, increasing efficiency and reducing TCO is important and that’s why I shared CIOs Top 10 Measures to reduce TCO in my last blog. However, in my opinion, increasing IT enabled business value is the more important mission. In this blog I share CIOs top 10 driver to move in this direction.
It is the third blog in a series to provide insights about IT Economics and discuss results from the 2013 edition of the CIO survey "TCO & IT Economics". 92 CIOs and IT manager from the German speaking SAP user group DSAGprovided their perspective on key questions and best practices.
Here are CIOs top 10 measures with the highest potential to increase IT enabled Business Value:
1. Business Strategy & IT Strategy Alignment
2. End User Training
3. Implementation/ Optimization of a joint Business-IT Planning
4. Skill Management in the IT
5. Quality Management
6. Joint IT-Business Project Portfolio Management
7. Continuous Improvement/ Kaizen
8. Implementation/ Optimization of a Super/ Key User Concept
9. Justification of IT Projects with (quantitative) Business Cases
10. Active Partnership with important main Suppliers
Lets start a discussion. Just take a moment and leave a comment!
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