3 Most Critical Functions of IT Department

Posted by Gurmeet Judge on May 26, 2019, 12:08:28 PM

The role of IT departments within business has expanded well beyond those responsibilities they’ve traditionally been associated with. Today’s IT departments are more than necessary expenses. They’re a significant force for change, providing real competitive advantages and becoming true profit centers — just as responsible for generating revenue as any sales department. ...read more on trust in IT Dept.

Research indicates that 74% of IT leaders say the business teams they partner with believe IT is the biggest driver of business success.

The IT Department: What They Do Vs. What they should do

3 most critical functions of IT Department.....read more on IT Dept.

Get most return from your payroll investments: Financially savvy business leaders understand the return on investment on human capital – viewing their employees as their most important business asset. And it’s not the cost of payroll is an issue but time and lower return on Cheerful business people analyzing financial graphs of their company in cosy meeting roominvestment is their major issue. Any technology related interruption, waiting period or simply user experience results in waste of payroll time/investment and human energy. Most business leaders understand that being efficient on payroll provides competitive advantage with lean operations consider all organization have same amount of time from their staff...read more

Reduce & Manage business risks: Reality of both sides of the modern technology that it introduces many new business risks but also allows business to reduce and manage risks. Unfortunately, most business leaders focus on first part and don’t get to reduce and manage risks aspect of the technology. Risk is a natural part of the business landscape. If left unmanaged, the uncertainty can spread like weeds. If managed effectively, losses can be avoided, and benefits obtained. Risk management is the process of identifying, evaluating, assessing and controlling threats to an organization and these threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents, natural disasters, Human Resources etc...read more

2 driving forces to generate revenue: Your sales dept and IT Dept.

Enable business to generate more revenue: Whether it's integrating your processes, enhancing your marketing abilities, better managing receivables or improving supply chain management, the right technology can dramatically improve how you run your business. Statistics show that businesses without automation spend 71 percent of their time and resources planning and defining business processes. Organization that make commitment to continues business process improvement, stay lean on operational cost will always reap most revenue and profit margin. Today's technology provides advanced reporting and business analysis capability to help you gain a deep understanding of business performance, customer preferences, and market benchmarks. As old saying goes, if you can measure it, you can plan to improve and enhance...read more

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Topics: Insider, Data Security, Productivity, Business Risks, Time, Teams, Revenue, IT Process, Business Impact, Hard Cost, IT Strategy, Technology Cost, Payroll, Profit Margin, IT Department, Low Performance