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Showing posts from April, 2012

The Executive Relationship (Part 3 of 3)

Recap In the last part of this topic, we discussed business strategy and how budgets are tied directly to total revenues.  Finally, we started to see why Operational Strategy is crucial to the overall success of the business.  In this final part, we will define exactly what Operational Strategy is, why it exists in the first place, look at the four types of activities that are important to the CIO as part of this.  Finally, we will wrap everything up with four words that describe how a CIO approaches their responsibilities from a macro level. Revenues vs. Budgets Remember the graph from part 2 that illustrated the relationship between revenues and budgets?  When I discussed the business budget, I wrapped up the subtopic by saying that the business essentially walks away after their initiatives have been implemented and the underlying technology has been rolled out into production.  The question is then raised:  who pays for the staff to manage that infrastructure and other