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Benchmarking Solutions Tips

Through a new series of articles about benchmarking, Benchmarking Solutions provides insight into the process of benchmarking, tips and hints to carry out a successful benchmark and how a benchmark can benefit your business.
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Home > Strategic Value of IT
Strategic Value of IT
A value benchmark measures the performance of IT in terms of business metrics. There are a number of benefits in conducting a value assessment. Some include:
Knowing the financial position, i.e. “are we spending more or less than out competitors?”
Knowing the FTE position, i.e. “do we have more staff on our payroll than our competition?”
Understanding its own spending pattern and that of the competition before and after a major project is/has been implemented

Processes that should be reviewed in a value assessment
Cost management
FTE Management
Strategic direction
Service level management
Centre of excellence organisations
Customer service

Technology areas that should be reviewed in a value assessment
Service levels
Spending patterns
Staffing composition
Quality aspects




 

 

 


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