CIO Priority Resolutions in 2004

Plan to overspend your IS budget

Managing IS functions by cutting costs and delaying upgrades while maintaining service levels may have been a short-term necessity, but there needs to be a more proactive demonstration of confidence in IT's ability to help drive strategic growth.

Start by straining at the financial leash -- privately plan to overspend a little on the total IS budget, but stay within defensible limits. That will give the message that IT has a bigger contribution to make to the business than current financial constraints allow. Conversely, repeated underspending reinforces the sense that IT is a utility and a cost center, rather than a source of strategic and innovative business value for the future.

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