Originally appearing in KPMG International's Agenda magazine, "Not Rocket Science" contends that it is crucial to avoid a narrow, cost-driven approach to managing investments in IT. In fact, fragmentation in IT investment can actually inflate spending by as much as 40 percent.
Organizations can benefit by taking a broader view of IT value, geared to these key questions:
- Are we getting the most from our business-as-usual non-discretionary IT spending?
- Are we enhancing the returns on our discretionary IT investment, particularly by avoiding duplication or funding initiatives that don't deliver?
- Are our IT investments focused on strategic advantage, rather than just efficiency and cost savings? Or are they being frittered away on projects that won't improve business performance?