IT (Information Technology) Portfolio Management Step-by-Step
Chapter One
IT Portfolio Management:
An Overview
CHA CHA CHANGES IN THE CURRENT ENVIRONMENT
The unabated growth in information technology (IT) spending, a primary means
of economic expansion before 2000 due to large-scale enterprise resource planning
(ERP) implementations, Y2K, and the hypergrowth attributed to dot
and e-business, is, for the time being, over. In today's turbulent environment,
companies face new hurdles from:
Greater uncertainty
Increased commoditization
Nontraditional entrants with competitive offerings
Shorter half-life of information (moving strategic enablers to commodity)
Tighter spending
New technologies
Changing customer demands and higher levels of personalized preferences
Multiple pricing, service, and utility models
Government regulations, legal compliance, and safety standards
Increased transparency of information due to the blurring between customers,
competitors, and suppliers
While many of these challenges are externally driven, the internal challenges
faced by many companies include:
Clearly defined and ... read full excerpt from IT Portfolio Management Step-by-Step: Unlocking the Business Value of Technology ebook
