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Is it the CFO's responsibility to maximize IT benefits? Read on and see what you think. Better yet, take our very brief survey and tell us what you think!
 

Should the CFO Shoulder the Task of Maximizing IT Benefits?

IT increasingly accounts for more and more of today’s budgets. For many organizations, Job One is implementing a flow of information and supply chain processes that enable mature companies to remain competitive as global competitors threaten.

But whose job is it to ensure that the company is getting the most out of IT investments?
  • IT, struggling to keep up with demand, typically focuses on delivering projects on time and on budget – then on to the next one.
  • Business sponsors, likewise, focus on receiving the technology so they can begin using it and reaping the apparent benefits that were the motivation for the project in the first place.
But is anyone actually measuring the benefits after the project has been delivered? In most cases, the answer is no – at least not with an eye to improving returns in the sponsoring organization. Further, there’s virtually never anyone looking at leveraging the investment in other areas of the organization for even greater investment returns.. IT and business sponsors rightly have their focus on different kinds of concerns, so it would seem that the responsibility for maximizing the value of IT investments needs to rise to a higher level in the organization – perhaps the CFO office.

What do you think? We invite you to take a very brief survey that just takes two minutes. We’ll post the results in a subsequent edition.

Propel IT provides companies with the ability to maximize the financial performance of IT investments. In this example, we show how a deep analysis of the expected benefits of a pilot rollout allows benefits to be amplified. Identifying which pilot users reaped the biggest benefits, and how they did so, allows you to tune the implementation and ultimate rollout to leverage the project.


Looking for a low-cost way to tune up your processes to get the most out of your IT implementations?

Propel IT now offers a very brief engagement to examine key factors likely to impact a project outcome, the range of possible costs and benefits, and summarizes recommendations to optimize the overall project.

If you know of anyone responsible for implementing large ($1M+) IT projects, please share this information with them by clicking on the "Forward email" link below.

Thank you!


The Staff
Propel IT

phone: (412) 414-0332