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With the ever increasing challenge of successfully managing information technology (IT), organizations are recognizing the need for greater discipline in managing IT projects.
I think there are the tactical or the reactionary and the strategic ways of managing information technology investments.
Forbes.com caught up with James Kaplan, principal in the New York office of McKinsey & Co., who has just completed an in-depth study on managing information technology (IT) in a downturn.
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He manages information technology projects, like the development of software, that help traders manage risk.
The company monitors, measures and manages information technology energy use and related greenhouse gas emissions.
Mr. Foo, 41, is a senior director in San Francisco for the Gap, where he manages information technology projects.
Companies that lacked the skills to manage information technology effectively suffered compared with competitors that had mastered those skills.
According to analysts, the contract with J.P. Morgan was among the largest such outsourcing contracts ever signed; only a $6.9 billion deal won by the Electronic Data Systems Corporation to manage information technology for the Navy was larger.
And if someone says he managed information technology for a company, hone in on what he really did and on what situations he handled, with what results: What platforms did he manage?
Businesses should embrace three interdependent roles for managing information and technology.
It would also be informative to study the potential impact of executive functioning on children's competence in managing information from new technologies such as continuous blood glucose monitoring.
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