IT Roadmap & Transformation: Start with Small Steps
Digital Transformation Security Password Assets

IT Transformation does not have to be a massive initiative.

Sure, if you have the people, partners, and money to do it, you can replace your entire ERP system with a customized enterprise portal. Similarly, if you have the people, partners, and money to do it, you could replace all your IT infrastructure or move everything to the big clouds because that is what some experts or friends recommend.

The reality is most businesses do not have these things at hand and they do need to make progress with IT transformation.

You can take small steps of transformation, steps that fit:

  • your most important or critical business needs,
  • your timetable, and
  • your budget.

As examples of important IT Transformation needs, many businesses do not have:

  • a simple, clear, and effective way to manage passwords,
  • a basic cyber security policy, or
  • a simple, clear, and effective way to keep track of IT assets.

If you have not covered these items, then you could make one of them your next small step toward IT Transformation.

One Small Step to consider

Automating your IT asset inventory processes:

  • improves governance, illustrating you take business controls seriously,
  • saves costs by simplifying asset accounting, reducing year-end accounting questions, and
  • improves operating effectiveness, reducing time [and money] spent trying to figure out what IT assets you own, where they are, and who has them.

The value does not stop there…

When you tag, log, and monitor all your material IT assets you know the age of your assets and their remaining useful life expectancy. You can keep track of the location of all assets, who uses them, etc. You can also keep track of maintenance records, warranties, licenses, and for the IT assets you lease, you can keep track of the lease renewal dates.

IT asset management tools allow you to quickly check orders and confirm inventory.

All of these things bring efficiency and effectiveness ‘controls’ to your business…allowing you to illustrate to all your stakeholders that you have good governance processes in place.

You impress your employees, clients, suppliers, accountants, and bankers when you have basic IT asset management in place.

more examples to follow…