Leadership

IT budgeting 101: Best practices for strategic IT investment

IT spending should be a strategic tool for improving the business, but a lot of IT departments fall into the common trap of being reactionary with their IT spending. This Webcast introduces best practices in IT budgeting and IT investments.

IT spending should be a strategic tool for improving the business, but a lot of IT departments fall into the common trap of being reactionary with their IT spending. I recently did a Webcast called Achieving Business Objectives through Strategic IT Investment where I had a broad discussion with Josh Gingold and Larry Dignan of ZDNet about best practices in IT budgeting and IT investments.

Some of main topics we discussed included:

  • How to use IT investment to save money, maximize performance, and improve customer service
  • What to outsource to partners and when
  • How to manage IT during challenging economic times
  • How to make the pitch to get management sign-off on big projects

The Webcast is now archived and you can view it on-demand.

About

Jason Hiner is the Global Editor in Chief of TechRepublic and Global Long Form Editor of ZDNet. He is an award-winning journalist who writes about the people, products, and ideas that are revolutionizing the ways we live and work in the 21st century.

3 comments
christopher.young
christopher.young

Jason, a large opportunity for stretching the IT budget is the marketing of one's platform specific custom code. Today, in blueprinting session after blueprinting session, there are business process design teams saying "we cannot be the first business to come across this gap (between delivered software and business requirements), why must we recreate the wheel?" By engaging in a marketplace where companies buy and sell custom applications and development, companies can recoup costs, stretch budgets, AND leverage expertise of others. Jason, what do you think? Chris Young B2BSX www.B2BSX.com

jasonhiner
jasonhiner

SOA. But instead of it being focused on internal development modules, it's focused on sharing modules among different companies. Sounds interesting. It could certainly follow on the coattails of SOA.