{"id":3138,"date":"2014-12-10T09:24:06","date_gmt":"2014-12-10T09:24:06","guid":{"rendered":"https:\/\/acora2021arch.wpengine.com\/blog\/?p=673"},"modified":"2024-05-24T14:55:31","modified_gmt":"2024-05-24T14:55:31","slug":"top-tips-to-help-manage-and-govern-a-balanced-portfolio-of-it-assets","status":"publish","type":"post","link":"https:\/\/acora.s.nomatter.dev\/nltest\/news\/archive\/top-tips-to-help-manage-and-govern-a-balanced-portfolio-of-it-assets\/","title":{"rendered":"Top Tips to help manage and govern a balanced portfolio of IT assets"},"content":{"rendered":"\n

Use IT to innovate your business\u2026but make sure have the basics in place to start with
<\/strong><\/h2>\n\n\n\n


1.\u00a0Consider your IT investments as a portfolio of stocks and shares<\/strong>
Manage your IT assets with the same vigilance as you would your own financial investments – ensure you derive the best value from the good ones and dispense with the least performing ones. Once you\u2019ve determined what\u2019s working and what\u2019s not, invest more in the successful projects and either put remediation steps in place or cut your losses entirely on those that aren\u2019t hitting the mark. This will help you to manage your IT more effectively.<\/p>\n\n\n\n

2. Know how much you want to spend on your BAU IT and stick to it<\/strong>
Limiting the budget for \u2018keeping the lights on\u2019, usually through headcount, may mean certain BAU projects take longer to deliver. However, the plus side is it enables you to invest budget into game changing technologies. The \u2018Run as\u2019 part of your business is important but not as important as growing your business.<\/p>\n\n\n\n

3. IT is open for business<\/strong>
That means creating an all-inclusive framework which enables all stakeholders to have their input in to the projects to deliver real value for the business.<\/p>\n\n\n\n

4. Build a strong IT base which you can trust to run your BAU<\/strong>
Let\u2019s face it, if you can\u2019t manage the basics, keeping your email server up and running for example, then how well will you be able to build and develop a digital strategy for your business? Freeing up your IT department to work alongside other departments within your business avoids the creation of \u2018shadow IT\u2019, brings real value to the business and improves how the IT department is perceived within the business.<\/p>\n\n\n\n

5. Make an inventory of your IT project portfolio<\/strong>
Creating a strong governance process to measure your IT portfolio will help you to gain a clear visibility of all the IT assets you have and monitor how they\u2019re performing. Keep monitoring how much value they are yielding, even after the project is completed, as the business changes over time, so may the project\u2019s benefit to the business.<\/p>\n","protected":false},"excerpt":{"rendered":"

Use IT to innovate your business\u2026but make sure have the basics in place to start with.<\/p>\n","protected":false},"author":16,"featured_media":11903,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"full-width-single-post.blade.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"\nTop Tips to help manage and govern a balanced portfolio of IT assets - Acora NL Test<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top Tips to help manage and govern a balanced portfolio of IT assets\" \/>\n<meta property=\"og:description\" content=\"Use IT to innovate your business\u2026but make sure have the basics in place to start with.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/acora.s.nomatter.dev\/nltest\/news\/archive\/top-tips-to-help-manage-and-govern-a-balanced-portfolio-of-it-assets\/\" \/>\n<meta property=\"og:site_name\" content=\"Acora NL Test\" \/>\n<meta property=\"article:published_time\" content=\"2014-12-10T09:24:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-24T14:55:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/acora-staging.b-cdn.net\/app\/uploads\/sites\/5\/2014\/12\/28-3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"The Acora Press Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The Acora Press Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/acora.s.nomatter.dev\\\/nltest\\\/news\\\/archive\\\/top-tips-to-help-manage-and-govern-a-balanced-portfolio-of-it-assets\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/acora.s.nomatter.dev\\\/nltest\\\/news\\\/archive\\\/top-tips-to-help-manage-and-govern-a-balanced-portfolio-of-it-assets\\\/\"},\"author\":{\"name\":\"The Acora Press Team\",\"@id\":\"https:\\\/\\\/acora.s.nomatter.dev\\\/nltest\\\/#\\\/schema\\\/person\\\/90ace47b87c23ca035fe2b7bcb298267\"},\"headline\":\"Top Tips to help manage and govern a balanced portfolio of IT assets\",\"datePublished\":\"2014-12-10T09:24:06+00:00\",\"dateModified\":\"2024-05-24T14:55:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/acora.s.nomatter.dev\\\/nltest\\\/news\\\/archive\\\/top-tips-to-help-manage-and-govern-a-balanced-portfolio-of-it-assets\\\/\"},\"wordCount\":372,\"image\":{\"@id\":\"https:\\\/\\\/acora.s.nomatter.dev\\\/nltest\\\/news\\\/archive\\\/top-tips-to-help-manage-and-govern-a-balanced-portfolio-of-it-assets\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/acora-staging.b-cdn.net\\\/app\\\/uploads\\\/sites\\\/5\\\/2014\\\/12\\\/28-3.jpg\",\"articleSection\":[\"Acora Archives\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/acora.s.nomatter.dev\\\/nltest\\\/news\\\/archive\\\/top-tips-to-help-manage-and-govern-a-balanced-portfolio-of-it-assets\\\/\",\"url\":\"https:\\\/\\\/acora.s.nomatter.dev\\\/nltest\\\/news\\\/archive\\\/top-tips-to-help-manage-and-govern-a-balanced-portfolio-of-it-assets\\\/\",\"name\":\"Top Tips to help manage and govern a balanced portfolio of IT assets - 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