TAC Talk Episode 3: Reducing Baseline Costs through Better Demand Management
Recorded July 24, 2015 A conversation about Demand Management between TAC president Peter Schay and TAC expert Patrick Savard, who consults with Fortune 500 businesses…
Investing in new software to resolve an issue within businesses is a common but often misguided solution, since many times the required functionality already exists within the business’s software portfolio or is available at some level for free on the Internet.
There’s a lot of information floating around on the Internet. Some of it is good, but a lot of it is bad. And to make…
As with ideas, the same factors: need, broad knowledge base, environment, and timing all come into play. We can, In fact, start with the notion that an idea becomes an innovation when it fundamentally changes the way we do things. The more change a new idea makes, the more innovative it is.
While the Federal Government seems to want to act out the final scene from “Thelma and Louise” with our economy, we can’t wait for someone to hit the brakes. Regardless of what the government does (or does not do) in the next few days to avert the fiscal cliff, we do know that taxes will go up on those making at least $400,000, including small businesses.
Ideas are the result of the exposure to a certain piece or pieces of key information in an environment conducive to solving a perceived or subliminal problem at a critical moment in the thought process. In other words, ideas happen in much the same way babies “happen”; it’s a matter of being in the right place at the right time doing the right things to produce them.
EaaS is an extension of the SaaS philosophy, allowing the procurement of information, expertise, performance management and measurement and other necessary IT services the same way. This way of thinking is not new to the enterprise; legal and finance departments have leveraged outside counsel and accounting firms for decades.
IT organizations clearly need to change their financial model, and introduce technologies and platforms that create more variability. At the same time, they need to migrate more effort to new initiatives rather than supporting existing ones.
CIOs and senior managers all understand that change is a part of corporate life.but a number of these same people have become complacent, insisting on doing things the same way they have always done them, because it is comfortable and “it has always worked before”.
Most IT departments either make no attempt to measure the value of IT projects or, if they do, they invent methods that are not based on proven scientific methods and not proven to improve decisions.