Help your company sell its products and save money

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I love the company I work for and they have been very good to me. The problem is that the company isn’t doing well financially. My job in IT is not currently at risk, but many others are fearful that they will soon lose their jobs. What can I do to help my company and in turn, help my follow employees?

Thank you for emailing me your question and good for you for wanting to help your company and your fellow employees. As IT professionals, particularly in a big company, it’s easy to forget that the work we do can directly impact both the company’s expenses and its revenues.

Before discussing these items one at a time, let’s first talk about IT’s role within the company. Our job as IT professionals is to provide technology to all parts of the company in a way that enhances our fellow employees’ productivity and effectiveness. What this means is that, by definition, we help

• Sales people make more sales
• Finance people better manage company-wide budgets and expenses
• Customer Service people better serve company customers
• Human Resources people maximize employee value
• Compliance better watch over internal activities
• Manufacturing build better products
• . . . and every other internal group maximize the quality and quantity of their work

I know that this is true, because if we didn’t, then IT would not exist as an internal business function. Therefore, IT, like no other organization can help the company succeed in every aspect of its professional endeavors.

So, to answer your question, you and your fellow IT professionals can truly have a significant impact on your company as described below:

There are a number of ways that you can help reduce company expenses. The most obvious, of course, is for the IT group to work to reduce its overall cost to the company. The standard cast of characters that are included in this type of cost reduction include:

• Retiring hardware and software that is no longer used and/or could be efficiently done in other ways.
• Reduce project scope using the 80/20 rule. Namely, 80% of the value of a project can generally be received from 20% of its overall effort.
• . . . and certainly countless other items, most of which are probably already being deployed within your organization.

Now let’s discuss the true ways IT can help minimize the company’s overall expenses. Note that these items are not related to reducing our budget, they are related to us doing our job and doing it well.

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Eric P. Bloom, a former CIO, is president of Manager Mechanics LLC, a company specializing in information technology (IT) leadership development and the governing organization for the Information Technology Management and Leadership Professional (ITMLP©) and Information Technology Management and Leadership Executive (ITMLE©) certifications.

He is also a keynote speaker, nationally syndicated columnist, National Speakers Association member, and author of various books including the following:

- The CIO’s Guide to Staff Needs, Growth, and Productivity
- Your IT Career: Get Noticed, Get Promoted, and Build Your Professional Brand
- Manager Mechanics: Tips and Advice for First-Time Managers.

Prior to founding Manager Mechanics, Eric led technology at Independence Investments and The Boston Company Asset Management. Eric was also a SVP of Business Systems at Monster Worldwide and a VP of Software Development at Fidelity Investments.

Eric began his career as a software developer (programmer) and moved through the ranks to CIO. He understands IT management from the bottom up. As they say, "He walks the walk."

Additional information on Eric can be found at www.ericpbloom.com and www.ManagerMechanics.com. He can be contacted at eric@ManagerMechanics.com.

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