Thursday, March 01, 2007

Video by Steven Cooper

After watching the video by Steven Cooper, there were many interesting points that stuck in my head. First, was the question that his CEO asked him. Which was, "Are we spending too much money on IT?" Then he addresses that question by saying, "if you are wisely and properly investing in IT, no." I could not agree with him more. Personally i think having a strong IT aspect of your company or corporation is the easiest way of getting ahead of your competition. The only way you could see if you are spending to much, was to personally go talk to them, and see how and what they were working on. It was hard for Steven Cooper to answer this question because you cannot really put a numerical value on how well IT is affecting your company or corporation. I think it would be cool if someone found a formula or something to get a rough estimate of how much your IT work is worth. Steven Cooper wants to be able to place an estimated number of IT worth on their balance sheet. I think that is very difficult to do. Plus, you need to be very careful if you are able to do this. If you put the wrong estimate down, you are going to pay for it. Very interesting video.

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