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Welcome to the first iTools Updates newsletter.
The world of project and programme management is a fast changing beast…and we thought it timely to bring you the latest tips, stats and opinions on how to stay one foot ahead of the game in quarterly newsletters…starting with this one on IT governance.
We wanted to take this opportunity to thank all our clients for their amazing support. We will be bringing you more over the coming months. And don’t forget – we want this to be a two-way street – let us know your thoughts, views, ideas – we’d love to hear from you.
Email Chris Bulman
This month, we are firegazing with…
Alan Hesketh, General Manager - Information Technology at Progressive Enterprises Limited
In just 18 months Progressive Enterprises Limited (PEL) – owners of the Foodtown, Woolworths and Countdown supermarket groups - embedded a robust IT governance model, successfully aligning IT with the business. PEL’s General Manager of Information Technology Alan Hesketh says linking the IT governance structure to your business’s key drivers is critical.
“IT needs to be thinking about the customer experience. If IT doesn’t contribute to the customer experience, you’re not delivering growth,” says Hesketh. Hesketh gives his top tips on how to really get control and visibility over your business.
Read More >
Getting IT governance right…our top 10 tips
According to Gartner Group, today over 50 percent of spend in any large organisation is likely to be on IT. So even managers not working in IT should care about IT governance – with so much at stake riding on IT initiatives, good IT governance is critical to the future of nearly every organisation.
Getting IT governance structure and processes right is no easy task. Here are iTools’ top 10 tips for setting up an IT governance model that works.
Read More >
Sarbanes-Oxley – relevant to New Zealand?
Sarbanes-Oxley (SOX) legislation – the US response to Enron, is aimed at tightening up corporate transparency through increased compliance measures.
What relevance does this have to us in New Zealand? Well, with the introduction of Australia’s CLERP 9 reporting standards in July 2004 mirroring SOX, and the NZX and NZ Securities Commission adopting similar Corporate Governance standards, a trickle-down effect is pushing a wider trend towards greater transparency and real-time disclosure in business. Read More >
Measuring project performance: A look across the ditch
How are your IT projects performing? What is the quantifiable ROI and benefit from them? In June 2005, iTools started talking with 200 of Australia’s market leaders, and found that while the vast majority had project tools and methodologies in place, over half – or 56 percent – were unable to demonstrate the ROI and bottom line business benefits their projects were achieving.
Read More >
IT 101 for boards
Most boards are not that interested in IT, regarding the area as ‘ too technical’. Yet if the Institute of Directors’ guidelines are anything to go by – and with increased personal liability for directors - boards need to be increasingly involved in the business and governance of IT. So how do you go about selling the virtues of IT to your board? Read More >
What’s up at iTools
A healthy start
It seems programme management and governance is extending to the health sector. Last month, the Manawatu Independent Practice Association, representing medical practitioners took iTools Control on board.
Priority clients take priority
In August, iTools took to the road to meet with Wellington company Priority Management’s clients to show them the ‘third way’ in project management.
Read More >
iTools Max launches on Australian market
iTools Online’s benefit management solution, iTools Max was launched on the Australian market in July in a Sydney seminar series to Programme Managers, Chief Accountants and executives from some of Australia’s leading companies.
Attending Sydney executives shared a commonality: they grappled with demonstrating benefit and return on investment from large initiatives. A large Sydney systems integrators were the first to snap up iTools following the launch. Read More >
Tooling up with the latest version 3.2
iTools Control Version 3.2 was released in July this year, much to the joy of iTools’ customers. Version 3.2 builds on what clients have said they wanted more of: more flexibility in status reporting; more online help and more features.Read More >
If you want to find out more about IT Governance and how Progressive Enterprises went about putting in a robust IT governance process, download the white paper ‘The CIO’s problem with IT Governance’ at www.itoolscontrol.com
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