Managing for IT Business Value involves tying IT investments to overall business benefits. The IT-CMF outlines the core business practices and tools required to optimise your IT organisation's business value. These practices and tools include Total Cost of Ownership (or TCO), Return on Investment (or ROI), the Business Value Index (or BVI) and portfolio management. The Managing for IT Business Value strategy provides a structure for an IT organisation to move from managing IT as a technology project to regarding IT as a portfolio of investments that generate value for the entire business.
Maturity |
Major Strategies |
|||
|---|---|---|---|---|
Managing the IT Budget |
Managing the IT Capability |
Managing IT for Business Value |
Managing IT like a Business |
|
5. Optimising |
Sustainable Economic Model |
Corporate Core Competence |
Optimizing Value |
Value Centre |
4. Managed |
Expanded Funding Options |
Strategic Business Partner |
Options & Portfolio Management |
Customer / Service Focus |
3. Defined |
Systemic Cost Reduction |
Technology Expert |
ROI & Business Case |
Customer / Service Orientation |
2. Repeatable |
Predictable Performance |
Technology Supplier |
TCO |
Cost Centre |
1. Initial |
Beginning |
Beginning |
Beginning |
Beginning |
Source: Martin Curley, Intel / National University of Ireland
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