Why IT needs a budget makeover IT has changed. It used to be about delivering good service at a reasonable cost.
Nowadays, IT budgets are coming under much more scrutiny. IT departments have to demonstrate how their costs support particular revenue streams or business outcomes.
The complication is that IT budgets have historically been seen in terms of data centers, desktop support, and staff. These do not tie in to real-world business deliverables. This makes it difficult for CIOs to explain the value that IT is delivering to their business. The value of real-world alignment Polardene works with the CIO and CFO to restructure the IT budget in terms of business outcomes. We break down the IT silos into groupings that the business understands and values. The budget makeover gives you a weekly snapshot of exactly where your IT spending is going, how it is supporting your business, and where trade-offs can be made.
And when trade-offs are needed, you can be sure that they are being made from a business perspective. Polardene works with the CIO and CFO to restructure the IT budget in terms of business outcomes. We segment the IT silos into groupings that the business understands and values. The budget makeover measures how the IT resources are consumed and gives you a current snapshot of exactly where your IT spending is going, how it is supporting your business, and where trade-offs can be made. And when trade-offs are needed, they can be made from a business perspective, not just the IT perspective. |