Make Business Case for Strategics

Load up your project portfolio with operational efficiency projects that deliver tangible returns. Always add a few strategic investments that speak directly to enabling important business strategies, where IT can support innovative business models or a differentiated position in the marketplace. Prove to the CFO that you understand the business. ...

... "If an IT project is neither simple nor fast, it may still get funding if you can show how it supports the enterprise’s top strategic goals. Use financial measures to make your case. " ...

Via SMART ENTERPRISE: Convince the CFO

Increase, Decrease, or Shift Investments in Projects

Companies with healthy balance sheets are positioned to make strategic investments during a downturn to threaten competitors and emerge from the business cycle in a much stronger market position. Can you raise the capital to invest or shift in-flight investments using a severe portfolio review? Now may be the time to invest. ...

... "Although now is the time to take a close look at your IT projects, an economic downturn can be exactly when IT investment should take place. " ...

Via Accounting Web: IT Strategy and Recessionary Actions