How do you
get the best value for your investments
in Information Technology? If you
are, like most businesses, stretching
every paisa for the best value,
your investments in IT need not
be treated any different- you must
spend where it gives you an edge,
and not in areas of dubious merit,
however attractive they may be.
In other words, align IT goals with
Business goals, and monitor returns
vigorously.
How do you align your investments
in Information Technology with your
Business Goals? The answers seldom
include “doing more of the
usual”. Nor do you need to
spend large amounts of money up
front and get it all neatly lined
up. Research over the years has
identified these two, and several
other common “prescriptions”
as lessons learnt in how to under-perform.
Equally, research indicates certain
ways to exemplary results- such
as continually investing in supporting
your unique business propositions.
Of course, realization of this ideal
demands a structured and disciplined
approach. It requires a strategic
mindset, an awareness of issues
going beyond technology, into areas
such as organization theory, supply
chain, ecosystem modeling, etc.
With over eleven years of creating
value for businesses in IT, Thirdware
has seen many strategies succeed,
and many others fail in ways and
for reasons uniquely related to
business objectives and the Indian
environment. We have also worked
with businesses in implementing
their strategies in IT, in India
and worldwide. We welcome your views
and thoughts!