7 Rules for Demonstrating the Business Value of IT

  • 📰 Gartner_inc
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

We predict that through 2027, CIOs who implement these 7️⃣ rules will be 75% more successful in elevating their strategic contribution. Learn more here: GartnerIT DigitalStrategy

IT stakeholders and consumers, not the providers/producers, determine what is of value. When identifying what is valuable, it’s essential to align tightly with the business. Without a clear line of sight to business priorities, IT is likely to stay focused on delivering technology or platforms , rather than meeting business objectives, benefits or outcomes.

Note that your organization will typically value impacts to mission and revenue growth more highly than spend avoided and cost reductions, and budget contributions are considered more valuable —and easier to measure — than efficiencies gained through process improvements.IT can enable the business to run and change but its value for each objective is perceived differently by stakeholders so value measures for ‘run’ and change initiatives should differ.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Agreed. A strong data culture amplifies data technologies.

GCDigital

Excellent information. What about being Agile? how does Agility contributes to value creation?

Love you guys at Gartner, but to be honest, most if not all of these 7 rules are common sense and pretty obvious. I can only hope that this is not the result of a multi-million dollar research. 😎

I own this .eth domain. Would be an awesome thing to get for you amazing employee ❤️ obviously not at that price. Let me know if you’re interested much love for your innovation behind gartner

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 455. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dave Marston: It’s business as usual for the Colorado RiverDave Marston: 'Here’s a question the Upper Basin states seem inclined to ask: If the 1922 Colorado River Compact parceling out the river’s water is the law, shouldn’t California face major cuts?'
Source: sltrib - 🏆 316. / 61 Read more »