Uncovering Hidden Financial Assets in Your IT Organization
Part 2 of 3: “Finding Financial Assets in Your IT Organization”
CIO Handbook #25
A Code Exchange White Paper by
Peter J. Wokwicz
www.codeexchangeinc.com
Abstract
Do you want to surprise your CFO with positive information for once?
Do you want to increase your IT budget next quarter without any needed approval?
Do you want to improve your company’s balance sheet by quarter end?
Do you want your IT group to add significantly to the financial value of your organization?
Many CIO’s are sitting on a vast pool of unrecognized financial Assets. In this article we address how to find these Assets in your IT organization.
The IT organization has the ability to generate its own separate revenue sources and Assets for its company. Finding these quantifiable and/or saleable Assets in your IT department becomes simple if you know where to begin to look. Below are the top areas where we have seen opportunities to bring revenue or quantify Assets in an IT organization. These same areas apply to IT vendors, who may not realize what they have built, to support clients, can also be quantified and utilized by other means.
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