ISELIN, NJ--(Marketwire - Sep 11, 2012) -
WHO:
ComSci, LLC, the award-winning technology financial and business management solutions company, and Dr. George Westerman, research scientist for the Center for Digital Business, MIT Sloan School of Management
WHAT:
Will present a webinar titled "The Real Business of IT: How CIOs Create and Communicate Value"
WHEN:
Thursday, October 4, 2012 at 2:00 p.m. EDT
WHERE:
Registration for this complimentary event can be accessed at:
http://cl.ly/JJr4
DETAILS:
All too often, IT leaders have trouble communicating the business value of their company's IT investments, especially when information is stored in manual spreadsheets, disparate systems or corporate budgeting and planning solutions -- all of which limit transparency into technology consumption and cost. As a result, CIOs get stuck discussing budgets rather than their contributions to the organization. However, companies that communicate effectively about IT utilization, performance and cost are able to create more value from their IT investments. And, when CIOs make IT's key performance and financial data more transparent, everyone in the organization can better understand their roles in using and managing IT and the way it improves corporate processes, creates better outcomes and enhances the bottom line.
During this webinar, Dr. George Westerman, research scientist for the Center for Digital Business, MIT Sloan School of Management and author of Real Business of IT: How CIOs Create and Communicate Value, will discuss how organizations can overcome "value traps," or the mindsets and behaviors that block the effectiveness of IT. He will also outline a process to transform the perception of IT from cost generator to true value creator.
Attendees will also learn how they can combat this mindset by demonstrating three ways that IT generates value. These include: displaying the value for money when the IT department operates efficiently and effectively, showing how IT investments boost profitability and improve the business in measurable ways, and highlighting the value of CIOs as leaders whose contributions go well beyond their area of specialization.
CIOs, executives and IT professionals who wish to learn how they can position IT as a value creator and best utilize technology to gain competitive advantage are encouraged attend this informative session.
About ComSci
ComSci delivers Technology Financial and Business Management solutions and capabilities that empower organizations to implement more effective IT financial management processes and governance. Through decades of experience, strict adherence to ITIL technology financial management process guidelines and its suite of Web 2.0 IT finance and business solutions, ComSci helps IT organizations optimize technology costs by enhancing fact-based transparency and visibility, which in turn enables IT and business management to understand demand, utilization and value of its corporate technology resources. ComSci is headquartered in Iselin, New Jersey. ComSci has a growing number of clients for which it provides IT Financial Management capabilities including The McGraw-Hill Companies, The Bank of New York Mellon, Whirlpool, NYU Medical Center, 1-800-FLOWERS.COM, SAP AG, Memorial Sloan-Kettering Cancer Center, AECOM, and UBS Investment Bank. Visit www.comsci.com for further information.