Gartner Research

The IT Investment Council: What to Do and When to Do It

Published: 30 November 2016

ID: G00319325

Analyst(s): Richard Hunter

Summary

As enterprises increase their spending on technology in pursuit of digital business, CIOs need effective IT investment councils to maximize the value of investments involving IT.

Table Of Contents

Analysis

  • The Purpose of the IT Investment Council Is to Maximize Investment Yields and Minimize Waste in Investments, Not to Manage the IT Organization
  • Membership for Investment Councils Varies Based on the Enterprise Operating Model
  • Investment Council Meeting Cadence Should Reflect the Pace of Change in the Enterprise
  • Ensure Coherent Execution of Business Strategy via Investment in Initiatives Involving IT
  • Ensure That Proposals for Change Involving IT Clearly Describe Desired Business Outcomes
  • Arguments for Investment in Infrastructure Are About Capacity/Capability and Unit Cost
  • Arguments for Investment in Market-Facing Initiatives Are About ROI, and IT Is Only Part of the "I"
  • Ensure That Preconditions for Success, Specifically Including Allocation of Non-IT Resources, Are in Place Before Execution Begins
  • Assess All Tech Initiatives, Regardless of Organizational Affiliation, to Know the Sum of Change and Identify Innovations to Scale
  • Better Is Better: If It's Not Perfect on the First Try, Keep Moving and Improving

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