Far too many CEOs, CFOs and other business leaders think of IT as a cost.
BUT THEY ARE WRONG!
This is an IT myth and a fundamental bit of wrong thinking that is ‘s holding businesses back.
When you buy manufacturing equipment, it’s considered to be an asset.
Because an asset is something that adds value to an organisation, and machines machines do this in two ways.
Firstly, they make things that can be sold.
Secondly, they do it quicker, more reliably and more accurately than people, so they save on wages.
And your IT does EXACTLY THE SAME!
PCs add significant value by helping your business get a job done with fewer people.
It’s why we no longer use pencils, erasers and dusty old ledgers.
Spreadsheets can tot up the totals so much better than a Boroughs Class 3 Adding Machine, with far fewer digit transposition issues and it’s much easier to find mistakes when they do occur.
So, when you buy a PC, you buy an asset that saves you money.
When you buy software to manage data, you buy an asset that saves you money.
When you buy a network router…ah, you get the point.
Implement IT well, and you maximise the value of your human assets.
But implement it badly, and it’ll cost you
100 Tips and Hints
MarshallFloyd – People and Technology – Download our free guide with over 100 tip, hints and ideas you can use to improve your IT.