Expense In Depth And The Trouble With The Tribbles

Rick Holland

You remember the tribbles don't you? The cute, harmless looking alien species from the second season of the original Star Trek that turn out to be anything but benign. They are born pregnant and reproduce at an alarming rate. The tribbles threaten the ship, but fortunately Chief Engineer Montgomery Scott is able to transport all of the furry creatures to a departing Klingon ship.  The tribbles remind me of technology investments:

  • You start out small, but before you realize it the technology is everywhere and you are overwhelmed.  It ends up in places you never intended. 
  • Like the relaxing purr of the tribbles, the flashing lights of racks and stacks of gear gives us warm comfort at night 
  • Tribbles consume everything, just like the operational requirements of much of our technology investment: resources, budget, and productivity are all devoured.
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How Much Time Do You Spend On Business Innovation?

Chip Gliedman

That’s one of the questions we’re asking in our survey of business innovation practices, organizations, and technology use.

For the last few weeks, Forrester has been fielding a survey on innovation (as well as IT organization and IT governance). Do you want to find out how you stack up in areas such as:

- Innovation teams, processes, and funding models?

- Challenges to successful business innovation?

- Use of technology to support business innovation?

You can take this and the other surveys at: https://forrester.qualtrics.com/SE/?SID=SV_56Y0hU6NNIJKwfO (specify "Innovation" up front to go to that part of the survey).

Benchmark data from the survey will feed into our Sustained Business Innovation Playbook. We're aiming to publish the results in December or January. If you're not a client, enter your email at the end of the survey, and we'll share the results with you.

. . . and thanks in advance for sharing your experiences.

Chip Gliedman

Should CIOs Have A Role In Strategic Investment Planning?

Nigel Fenwick

Strategic Investment PlanningAt Forrester’s recent Business Process And Application Delivery Forum, there was a very interactive session on “Using The Next-Generation PMO To Promote Innovation,” led by Margo Visitacion. The premise of the session was that leading-edge PMOs (project management offices) are evolving to a more strategic role, focused on portfolio management of business investment rather than just IT projects or programs.

Many clients have suggested their PMO mission is already elevated to this level. They now focus their efforts on everything from guiding business leaders through building a business case for the investments they want to make, to guiding decision-makers through selection from the portfolio of investment proposals, to tracking benefits realization and ROI after the fact. PMOs with this kind of business-focused, strategic mission have greater business impact and are often close partners with executives leading their firm.

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