New Year’s Resolution for 2012 Year of the Dragon: Align Your IT Projects to Business Strategy
For IT organizations with tight budgets and scarce resources, new projects are difficult to justify as most of the available funding goes to keep existing applications and systems performing. But IT can enable businesses to meet strategic objectives through innovation and continuous improvement. Today’s IT organization is a major contributor to corporate strategy development and execution through IT as a service.
IT and business managers work together to establish, prioritize and measure business objectives and technology investments to control investment costs and service quality goals. Well managed organizations have existing tools in place to do this: ITIL, Economic Value-Add, Activity Based Costing, Activity Based Management, Balanced Scorecard, Strategic Planning, Value Stream Mapping and FMEA.
More now than ever, business managers want to see how IT investments link to business strategy, insisting these expenditures stabilize or lower costs and have a higher impact to the business. Organizations are able to make the right investment decisions when new projects and legacy technologies demonstrate benefits in terms of impact and cost.
Start 2012 on the right foot. Lead your organization to reach and realize good IT investment decisions. Prioritize and align resources to the right projects to achieve the right results. Download a FREE Balanced Scorecard! It also includes a performance metrics and measures worksheet and templates to establish portfolios for new IT projects and legacy IT investments.
Read more about IT project strategy alignment on VyrtuNet’s PM Innovations Blog.
©2011 VyrtuNet
