Executive Business Advisers Business Articles

12 IT Best Practices For Improving ROI

By Dennis Sommer (www.dennissommer.com)

Companies continue throwing money at IT projects and accept a pathetic 30% success rate. The IT field is filled with complexity and the fast pace seems overwhelming at times, yet we as professionals should adapt to the changing environment and use available best practices to increase the success rate of IT projects. IT professionals need to understand best practice guidelines, processes, templates and how to deploy them in different situations. Today we will review a few best practice IT management techniques.

Align IT and Business
Align IT projects to specific business strategy goals and objectives. Do not start or continue IT projects that are not aligned with the business strategy.

Qualified Leadership
Make sure that each project has a full time leader with overall responsibility and authority for the project. The project leader should be qualified to manage the project size and complexity.

Be Competitive
Use information technology to improve your business competitive advantage.

Define Metrics
Define and track measurable objectives that are necessary for the success of the project. Review these metrics monthly and adjust the project as needed.

Leverage Current Technology
Leverage the investment of your current systems when developing a new system.

Project Organization
Project teams or sub-teams should contain 2 to 7 team members with a mix of technical and business specialists. Keep the project team organization small and agile.

Keep It Simple
Use the simplest possible combination of business processes and technology to achieve your goals.

Work In Small Units
Project work should be broken down into small units. A task should not exceed 80 hours and should not be less than 8 hours. The project should produce workable systems every 30 to 90 days.

Keep It Small
Break the development of big IT system projects into smaller functional projects to reduce the complexity and lower the overall risk of a big system project.

Project Administration
Provide each project team with a coordinator or administrator that help project managers and leads keep project plans and budgets up to date and accurate.

Understand Your Capabilities
Don't take on an IT project when the complexity exceeds the companies capabilities.

Start From Scratch
When restarting failed projects, start from scratch. Don't use the original design and project organization that failed the first time.

About The Author - Dennis Sommer

Dennis Sommer is the founder and CEO of Executive Business Advisers, a management consulting firm helping senior executives maximize both sales and profit growth. Dennis specializes in strategic planning, sales, marketing and operations performance improvement.

Dennis is a highly sought after author, keynote and seminar speaker on sales, leadership and business best practices.

Contact Dennis at www.executivebusinessadvisers.com or www.dennissommer.com .

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