Is Your IS Organization Contributing To the Bottom Line?
Fortune 500s Grow Profitability with Strategic Information Systems-Will You?
MINNEAPOLIS— October 14, 2009 —Strategic information systems (IS) are proven to increase profitability. But IS contribution and profitability works best when business goals and IS strategy are aligned, meaning IS must have a seat at the strategic table when overall company goals and initiatives are being defined. Studies show that strategic IS contribution has the potential to generate a profitability increase of two percent or more over the competition. Is your company profiting from strong and strategic IS contribution?
Learn how to get a seat at your company’s strategic table by joining top CIOs and IS leaders from across the Twin Cities at The Table, a presentation and brainstorming summit to be held Tues., Oct. 27, from 7 a.m. to 2 p.m. at the Science Museum of Minnesota, in St. Paul. To learn more, and to register, visit www.IScontribution.com. The event is complimentary for CIOs and IS leaders.
At The Table, CIOs and IS executives will see how well-aligned IS organizations can move from an o r-taking role to a strategic one, elevating their presence to contribute more profit to their company’s bottom line.
How? Attendees will learn about a proprietary methodology, based on 30 years of experience and more than 230 commercial applications totaling more than $1.5 billion in net profit, that has elevated the role of IS in more than 230 Fortune 500 companies, and how to put this program to work– from resources, process and business strategy to cultural integration and internal marketing.
Experts who have successfully applied this model will be on hand at The Table to present case studies and guide the discussion, offering an opportunity to meet, share and learn from their experiences. Speakers include Kay Redditt, founder, CogniTech; Cassandra A. Matthews, vice-president, information technology strategy, Raytheon Corp.; and Bill Rosser, vice-president, Gartner Group.
“We know many CIOs are scrambling to keep up with the day-to-day of their IS organizations while at the same time trying to elevate their department roles, values and proactive contributions,” says Kay Redditt, founder, CogniTech and creator of the Gartner-recommended IS contribution model. “Our experience working with information systems will help attendees learn how they can increase profitability, just by increasing their strategic contribution. The bottom line is, improved IS contribution equals competitive advantage, which in turn equals increased profit margins. What IS leader isn’t interested in that?”
To learn more about The Table, please visit www.IScontribution.com.
The event is co-hosted by three organizations with years of experience focusing on strong IS alignment: CogniTech, a Virginia-based company delivering proven and tested methods to help improve IS business alignment for medium-to-large organizations in both private and public sectors; Lifecycle Technologies, www.lifecycletechnology, an Eden Prairie, Minn.-based company helping IS leaders improve their organization’s contribution and performance by transforming IS into a successful strategic asset; and frank, www.areyoufrank.com, a Minneapolis-based company that helps IS, marketing and business leaders create frank organizations through social media by delivering integrated organizational effectiveness consulting and authentic branding services.