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Advice for non-IT Companies

 

 
Technology now goes all the way to the top. As IT systems become more and more important to the strategic and tactical success of companies, it becomes incumbent on boards and executive management to better understand their IT portfolio. Indeed, recent changes in acceptable corporate governance practices mandate that that boards take more responsibility for IT management and governance. Boards today need to understand how well IT strategic planning is aligned to business strategy and married to tactical execution, especially when the commitment of specialised resources and the allocation of investment funds are critical success factors.

Yet the composition of the boards and executive management teams at most companies is still skewed to classical business (law, accounting) skill sets. The ability to deploy IT systems for strategic and tactical benefit, plus manage and govern them, is not necessarily well understood at these levels.

Omniton provides high-level corporate services, tailored to the needs of boards and executive management teams seeking to better understand, leverage and govern their IT investments. These consulting services include:

 
IT Management and Governance

The demands of companies on their IT organisations have never been higher. In addition to fulfilling their traditional responsibilities, IT organisations must now:

  • Run like a business, forecasting and delivering results with accuracy and precision;
  • Align spend with business priorities, rapidly adjusting as conditions change;
  • Demonstrate measurable business value from technology investments;
  • Take advantage of outsourcing, consolidation and other cost reduction vehicles;
  • Communicate effectively with business partners and other stakeholders to create transparency, accountability and ownership; and
  • Operate in accordance with today's stringent corporate governance requirements.

Meeting these challenges requires a coordinated approach to IT management and governance. Gartner, an independent market research firm, estimates that companies improve IT efficiencies by 30 percent by implementing an effective IT management and governance solution. Omniton can help your company to ensure its IT management and governance initiatives deliver.

 
Strategic Planning & Technology

You can go to an advertising agency to get a new brand, but where do you go to assess the issue of using IT systems to enhance and protect branding and customer perception. Every day your customers make critical choices as to whether your company has the more engaging and efficient communication and delivery channels.

An important use of IT has been to reduce costs. Typically the justification for an IT investment has been that, “This IT system will replace three staff and thus have a payback of 18 months.”

Having matured with confidence through the cost reduction phase, companies now have the opportunity to look at how IT systems can increase revenue with justifications such as:

  • We can win 5% additional market share
  • We can attract and retain 10% more customers
  • We can protect our market dominance from new players

Omniton can help your board and executive management team to better understand how technology can fit into your strategic planning process and ensure you can satisfy your business goals.

 
Comprehensive IT Portfolio Planning

Alignment with corporate strategy and internal customers is necessary to maximise your company's return on IT. Achieving such alignment requires visibility into IT portfolios, sophisticated risk-benefit analysis and robust scenario planning, all tied to delivery and monitoring systems. Omnitron can help you to bring these elements together in a way that is understandable to your company's board and executive management.

 
Other Services

Some non-IT companies have needs that do not match any one Omniton service type. We are happy to develop an engagement structure tailored to meet your specific needs.

Want to know more? Just contact us or make a general enquiry.

 
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