IT strategy
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List the advantages of a single customer service center for RR communication.
- It makes it easy for individuals to have a process and financial audits through having a separate division for IT. They make audit duration shorter by ensuring the implementation of good practices is done.
- It allows generating new opportunities by enabling the data to be mined
- Single customer service centers support cost-saving, drivers of regulatory compliance, fast delivery of new services, and help to cross-sell organizations’ services.
Devise and implementation strategy that would guarantee the support of the divisional presidents for the shared service center
The main aim of the execution is to bring about a change in the president’s perception of the merge of data and centers. A three-pronged approach is the best methodology I would prefer. Financial, regulatory compliance and risk mitigation are the three critical points of the system.
Is it possible to achieve an enterprise vision with a decentralized IT function?
No, I don’t believe if it can be possible for an organization to achieve its enterprise vision with a decentralized IT function. At a smaller department level is where mostly the concerns prevail. As per the motivating forces and measurements, more attention will be directed to individual achievement. The business institutions will remain at local levels, and the inner perceptions will not be predictable.
Budgeting that delivers value
Appointing an IT finance specialist– this is an essential practice because the IT finance specialist helps an organization better articulate business values by enhancing a good relationship between IT and finance making it easier to accept the IT budgets. Appointing an IT finance specialist helps the business organization to understand in new ways their drivers and cost.
Use budgeting tools and methodologies-the use of Use budgeting tools and methodologies plays an essential role within the business organization as it helps to fill the gaps in the budgeting processes. These tools help the organization in making budgets by breaking it into different levels. The budgeting tool allows organizations to have control over their money by spending less money and saving more hence enabling business organizations to make more profits. This approach also helps the organization by making them keep the focus on their money goals and avoid spending on unnecessary items and services.