Organizations strive to complete the vision and the mission within the value structure they are given. Value reporting is designed to define the key performance indicators (KPI), which align best to the organization’s goals for the year. By reporting these KPI’s, the CEO can at a glance decide if the organization is on target or…
Launching the Service Value Journey
As your organization shifts more and more into operating as a Digital Enterprise, the way you structure your value discussions has a direct impact on the funding that IT receives. THis Quarter we launch a new series of resources to help you out.
How to run a successful Service Costing Project
Four puppets, holding in hands a puzzle of multi color. Objects over white Too many service costing implementation projects end up with less ROI and more frustration than they should. As companies think about launching these projects, there are some common themes to the nightmares that haunt the project owners: IT Finance Mangers assign a…
Compiling Community Resources
The Global IT Financial Management Community is thriving. The growing availability of community resources is a reflection of the health of our domain. The Vendor landscape continues to grow, and the offerings become more and more capable. Learning resources and communities are popping up, sponsored both by vendors and by non-profit organizations. Keeping track of…
Service Costing as a Financial Planning & Analysis tool
Most discussions about enhancing existing services or transforming the business revolves around technology. Whether it is an automated process to husk beans, upgrading enterprise systems to make workers more efficient, or improving infrastructure to make digital transactions and processes more efficient and secure,; it is the management of information technology that affects modern companies today.…
New Video Series: Vendor Selection
We are excited to publish another educational video series on our YouTube Channel. If you are getting ready to automate a manual ITFM process or replace an existing automation solution, you should be certain to check out this video series. You can post questions here or over on the channel. https://youtube.com/playlist?list=PL7BH2wQ4TR27yLfmKmQQZwGT0jbecum4A Thinking about switching software…
The grass is always greener….
It does not matter how far in my career I look back, the corporate search for a silver bullet , and the executive’s own push to “keep up with the cool kids” has always been a challenge to doing the best thing for the business. Long, long ago, when I used to write educational and…
Demand Budgeting in a Service Enterprise
Demand budgeting. Once the discussion with customers has begun around services, this is the essential next step. Imagine working with a restaurant for meal delivery. Service discussions mean that we offer and want customers to order things like “ lasagna and side salad”. But if demand planning continues the “GL Account” way, then the conversation…
Charting a path for alignment
This new 2 – part video series is available for free and will walk you through the why and how of roadmapping for business alignment.
Making the CFO Shine
Presenting on target information In an ever increasing number of organizations, IT management either reports up through the CFO or dual reports to the CFO and CEO. If you have an understanding the pain points your CFO has and can provide them an advantage, not only do you look good, but the CFO shines. CFOs…