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6 tips for making the most of a tight IT budget

CIO

IT leaders seeking to drive enterprise growth through technology investments are often saddled with budgets that make their tasks of increasing the top and bottom lines challenging. Despite an estimated increase to IT budgets of 5.1% The year 2023 seems to be no different.

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Strategic planning must change with the times

N2Growth Blog

If you’re frustrated by your organization’s current strategic planning and execution processes or the outcomes from that work, you’re not alone. Whether they’re developed in-house or brought in by outside strategy firms, many strategy methodologies are of little value if they don’t keep up with the times.

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Canadian CIOs discuss driving digital transformation at a rapid pace

CIO

Technology was no longer considered a service to the business but a valuable and strategic part of accelerating business both functionally and financially. This required CIOs to not only lead teams, assess team skills, work with vendors, but additionally be an integral part of the budget and planning process.

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7 ways an MBA will advance your IT career — and 5 ways it won’t

CIO

Ben King, head of mobile app development firm Aviato Consulting, is convinced that it can provide a major career boost. You must understand budgets, forecasting models, regulatory compliance, and a host of other topics.” Does it make sense for an IT leader to seek an MBA?

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Welcome to Strategic Planning 2.0

N2Growth Blog

As a strategy consultant, I have had the opportunity to review a lot of strategic plans over the years. It’s been truly amazing to discover just how many major organizations develop strategic plans that contain little more than a whole lot of budget estimates and revenue projections.

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Top 8 challenges IT leaders will face in 2024

CIO

These external factors can have a dramatic impact on business operations and strategic planning. We are giving our budget and proposed projects more scrutiny to invest in areas that have clear attribution toward generated increased revenue, more efficiencies, lower costs, and improved workplace experiences,” Srivastava says.

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Step 1 to becoming a business-savvy CIO

CIO

Popular ways of ensuring IT efforts align with business goals range from co-developing strategic plans with executives on the business side of the company to actively collaborating with business users on projects aimed to derive more value from their efforts. Here’s how to develop this important IT muscle.

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