Category Archives: IT Financial Management
Improving IT value realization is clearly top of mind for many executives these days. Sadly, IT value realization is more of a focus among CEO’s and CFO’s than it appears it is for CIO’s. The reasons I am hearing for the interest … Continue reading
The law of diminishing returns may be one of the most important ‘laws’ for CIO’s to understand and apply in nearly every decision making situation. CIO’s often use a number of shorthand adaptations of the law of diminishing returns such as … Continue reading
Capacity planning maturity seems like it must be a pipe dream for the majority of IT departments. Unlike other process maturity questions, when it comes to capacity planning process maturity, I am wondering if thinking in terms of levels even … Continue reading
Apparently everyone loves IT staffing benchmarks and IT metrics so much that I am following up IT Staffing Ratios Benchmarks with some additional IT staffing benchmarks and some interesting IT budget benchmarks.
When it comes to IT funding, many of the CIO’s I talk to are at a loss for why they continue to lose the IT funding battle. Whether the battle is over keeping existing funding levels during budget cuts or … Continue reading
IT stress test scenarios using lessons from submarines will determine the IT department’s minimum operating levels and what is truly critical. Using some analogies from my time on submarines seemed like an interesting and relevant way to further illustrate the … Continue reading
An IT stress test is a “what-if” scenario analysis of an IT department’s ability to scale down or scale up its costs, staffing, and capacity in response to changes in the economy, funding, or other forms of business stress. With … Continue reading
Alternative payment systems can reduce the cost of college for students, add convenience, and eliminate the cost of tuition payment systems. In many ways this should be a no-brainer for CFO’s and CIO’s. Yet roughly 50% of all colleges and … Continue reading
Colleges may soon be able to charge a credit card surcharge on all credit card transactions according to a Wall Street Journal article. According to the article, it appears Visa and Mastercard may be ready to settle a year long … Continue reading
Every decision involves trade-offs between the costs and benefits of the available options. But most people forget to account for the opportunity cost of their choice. While most IT investment decision making relies on the traditional accounting cost to decide … Continue reading
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