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Revamping Your IT Funding Model
Do you believe your business spent about the right amount of money on IT last year? Do you believe your business allocated that IT spending in about the right places? Do you believe your business got about the right returns from its spending on IT? If you didn’t answer yes to all three questions, it’s time to revisit your IT funding model.
IT funding decisions are important because as systems are implemented, they become part of your firm’s legacy. Their ongoing support requires time and money. More important, systems influence, constrain, or dictate how business processes are performed. So think of IT funding decisions as long-term strategic decisions that implement your firm’s operating ...
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