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The
Best Best Practices
CIO Research reveals the basic building blocks of IT as a
business. Includes: The 5 Most Effective Practices; The 10
Most Utilized Practices; The 5 ROI Winners & Losers. At CIO.com
The
New Competencies in IT
As the mission of IT shops changes from technology mechanic
to innovation leader, CIOs must hire and develop a new kind
of employee. Sidebar: Gartner's Twenty-five New IS
Competencies. At HBSWK.HBS.edu
A
Cry for Full-Cycle Governance
Governance should be the decision rights and accountability
framework to encourage the desirable behavior in the use of
IT. However, in reality, what passes for governance is often
a one-dimensional checklist- based effort focused solely on
project cost and approval. From InformationWeek Magazine
How
to Run IT Like a Business
Evolving from a cost center, IT is taking on the character,
rigor and practices of a business within a business. It
won't be easy, but for CIOs it's a matter of survival. At CIO.com
Why
IT Doesn't Matter Anymore
From a practical standpoint, the most important lesson to be
learned from earlier infrastructural technologies may be
this: When a resource becomes essential to competition but
inconsequential to strategy, the risks it creates become
more important than the advantages it provides. In the long
run, though, the greatest IT risk facing most companies is
more prosaic than a catastrophe. It is, simply,
overspending. At HBSWK.HBS.edu
Why
IT Does Matter
HBS professors McFarlan and Nolan respond to the
much-discussed assertion that company investments in IT are
less and less likely to produce competitive advantage. At HBSWK.HBS.edu
IT
Doesn’t/Does Matter: An Interview
You read the doesn’t/does matter articles, now read
follow-up as Nick Carr expands his controversial thesis
regarding IT's strategic importance. At CFO.com
Governance
Falls into CIO's Lap
On top of everything else that they are doing, CIOs are
being charged with helping their CEOs and CFOs comply with
the corporate governance regulations in the Sarbanes-Oxley
Act. At WallStreetandTech.com
Governance
as Catalyst: The New Management System
The Sarbanes-Oxley Act and other corporate governance
regulations are pushing businesses to do something serious
about how they manage business processes for both financial
and operational objectives. A process-based management
system is what's needed - and could be the focus of
innovative technology to come. At IEMagazine.com
Clear
Steering
When they're running on course, steering committees let CIOs
share the responsibilities--and the risks--of aligning IT
with the business. At CIO.com
Governance
and Oversight of Large Information Technology Projects
Comprehensive study of IT project and process issues in the
New Zeland government issued by The Auditor-General and
Controller. At OAG.govt.nz
Deciding
Factors
A strong, efficient governance process is practically the
definition of resourcefulness. Put these governance
practices to work to maximize the value of your IT projects
and processes. At CIO.com
A
More Perfect Union?
IT ''governance'' may enable companies to drive technology
strategy, not just steer it. At CFO.com
Ten
Principles of IT Governance
Principles to provide leaders with a succinct summary to use
as a primer, refresher, or checklist as they refine their IT
governance approach and processes. At HBSWK.HBS.edu
The
No. 1 Challenge: Managing Expectations
The biggest challenge for CIOs is business executives'
unrealistic expectations of what IT can do. Here's how to
lead business to a more realistic understanding of IT's
role. At CIO.com
Be
Inquisitive
Longtime CIO advocates a full-cycle approach to IT
governance; that means: clearly articulating business
strategy, a corresponding IT strategy, and then setting up
an IT portfolio that supports the overall business goals. At
InformationWeek.com
Time
To Change
Catalog retailer Lillian Vernon learned the hard way how
critical change management can be to a turnaround. Sidebar:
Road Map For Change Management. At CIO.com
The
CIO’s Dilemma
This article explores the business dilemma for the CIO,
namely to hold down costs, innovate for an agile future, and
decide what to do with legacy systems. Each taken on its own
is a formidable challenge. Can there be a way to deal with
all three at once? To answer this, we have to turn the world
over, to look at things from an unconventional perspective.
At BusinessIntelligence.com
Fighting
Complexity In IT
More than 150 companies spent over $1 billion on their
technology operations in 2001; ten years ago, only 50
shelled out this much. Among Global 500 companies, overall
IT budgets have more than doubled since the mid-1990s. Now
they are being cut. A few companies have decided that IT
cost-cutting provides an opportunity to untangle their
systems and projects. These companies are looking to the
longer run, transforming their business activities and IT
processes in ways that will strengthen their systems and, at
the same time, eliminate the deeper causes of bloated IT
spending. At Forbes.com
Utility
Computing: The Meter System
Utility computing aims to transform IT into a pay-as-you go
service. That sounds far simpler than it is. At CFO.com
Taking
a Closer Look Into IT Governance Globally
IT Governance Institute commissioned PricewaterhouseCoopers
Brussels to survey a number of sectors (including
IT/telecom, financial services, manufacturing and the public
sector) on the subject of governance. Read a summary of the
survey results. At BankTechNews.com
For
Good Measure
When CIOs stop thinking like cost centers and start thinking
like business partners, IT will begin to earn its keep.
Organizations hate to admit it, but the ugly truth is that
three out of four IT initiatives fail. Why? They were
basically developed in a value vacuum. Translation: They had
no real connection to the profit and loss drivers of the
business, so no business unit had a vested interest in their
success. At CIO.com
Audit Your Technology Infrastructure
IT audits are moving into the mainstream as regulatory
compliance, risk management, and information security become
higher corporate priorities. At CFO.com
You
Bought It, Now Audit
Your technology infrastructure can be audited -- and
probably should be. At CFO.com
A
New Metrics System for IT
How Cisco is approaching the Holy Grail of truly measuring
IT value. At CIO.com
Getting
IT Spending Right This Time
Who can blame executives if half a decade of overspending on
information technology now makes them obsessed with costs?
Companies in much of the world are capping their IT
expenditures. Some even peg the performance bonuses of chief
information officers to how much money they cut from
technology budgets. At Forbes.com