IT Productivity Center
solves business problems in the areas of metrics, measurement, best
practices, process improvement, benchmarking, and knowledge
management.. This site contains
the tools that the CIO, CSO, and CFO can use for Sarbanes Oxley,
Disaster Recovery, Security, Job Descriptions, IT Service Management,
Change Control, Help Desk, Service Requests, SLAs - Service Level
Agreements, and Metrics.
The IT Productivity Center
supports a wide range of industries and enterprises of all sizes.
Our clients include over 2,500 premier corporations from around the world,
including over 250 of the Fortune 500.
The
Disaster Recovery Templates are Sarbanes Oxley compliant and the
Disaster Recovery Template is included in the Sarbanes Oxley Compliance
Kit.
In today's economy, all purchases are carefully
scrutinized to ensure that each new piece of hardware and software can
produce a rapid return on investment (ROI). However, even attractive and
accelerated paybacks are not enough to justify additional expenditures as
cautious CIOs and CFOs must continue to slow their technology spending in order
to ensure weathering the current economic conditions.
According to an annual survey of top CIOs from
multinational Fortune 1000 companies conducted by Goldman Sachs & Co.,
networking equipment emerged as one of the greatest potential areas for cost
reductions in 2009. The CIOs surveyed also indicated an intensified focus on
projects involving total cost of ownership (TCO) reductions, such as server
virtualization and server consolidation. Faced with severe budget constraints,
many CIOs also are delaying product upgrades and technology refreshes, despite
the fact that OEMs continue to release next-generation products in increasingly
rapid-fire succession.
As a result, increasing numbers of corporations are
embracing asset recovery strategies as part of their recession survival tactics.
Corporate network budgets, in particular, can be willing recipients of a welcome
boost from asset recovery since high-end routers and switches retain more value
than many other types of hardware. The keys to maximizing the value of surplus
technology in a down economy are determined by how, when and where to offload
unwanted gear as well as identifying the partner that can offer top dollar for
extraneous equipment along with unparalleled responsiveness and superior
customer attention.
CIOs frequently ask what IT should measure and
report to business executives. The key to success is choosing a small number of
metrics that are relevant to the business and have the most impact on business
outcomes. The basis for metrics that work are that they meet the
criteria for relevance and impact are investment alignment to business strategy,
business value of IT investments, IT budget balance, service level excellence,
and operational excellence.
Metrics should form the
core of an IT performance scorecard and should center around:
Alignment of IT initiatives, investments, and operational support
to the strategy of the enterprise
Value added that IT brings to the enterprise
Cost of new initiatives versus the cost of maintenance of
existing processes
Here's the good news: While companies certainly
have laid off huge numbers of employees since the economy first started to
implode, it appears many of them are doing everything they can to minimize the
number. From the Challenger, Gray & Christmas, Inc. press
release:
... employers announcing
job cuts have initiated more cost-cutting measures than employers that have not
cut payrolls. Companies that made permanent job cuts averaged an additional six
cost-cutting measures. Meanwhile, companies that have avoided layoffs averaged
less than three cost-cutting measures.
"There is a perception
out there that some companies have not made sufficient efforts to avoid layoffs
by making cutbacks in other areas. This perception is fueled, in part, by a
handful of examples of companies announcing job cuts while, at the same time,
rewarding top executives with large salaries, bonuses and extravagant perks.
However, these examples represent the exception," said Challenger chief
executive officer.
"It would also be a
mistake to assume that companies avoiding layoffs are doing so out of kindness.
While forging good will is certainly part of the decision for some companies,
many have simply cut to the bone already or never fully ramped up after the last
downturn. Other companies may have more workers than they need for current
business levels but are reluctant to enact widespread layoffs, knowing that a
recovery will mean recruiting and training all new workers.
"This may be why we have
seen an increase in the number of companies cutting salaries and other perks. It
is a lot easier to restore compensation and benefits than it is to re-hire and
re-train workers when the economy improves."
PCI Compliance Has Benefits Beyond Mandated Requirements
PCI
compliance is used as a basis for guidance on fulfilling management
responsibility in relation to audits, and information on ensuring continual
improvement of IT security efforts. There is merchant confusion about all of
the PCI DSSÂ’s six main themes: Building and maintaining a secure network,
protecting cardholder data, maintaining a vulnerability management program,
implementing strong access control measures, monitoring and testing networks,
and maintaining an information security policy.
PCI as a
robust security standard has potential benefits beyond its immediate
requirements. A generic application of its principles can fulfill other
regulatory requirements for information security and privacy. PCI compliance is mostly information
security best practices. However, there is quite a bit of devil in the details
of the PCI requirements. There are over 250 detailed testing
procedures.
Penalties for noncompliance include higher transaction processing fees,
fines, and, in extreme cases, denial of credit card processing capabilities.
Violators also face legal fees, civil lawsuits, customer rejection and related
revenue loss, and other costs and losses.Understanding the PCI authority structure is important in maintaining
control over PCI strategy and audits.
The PCI DSS
security requirements apply to all "system components." A system component is
defined as any network component, server, or application that is included in or
connected to the cardholder data environment. The cardholder data environment is
that part of the network that possesses cardholder data or sensitive
authentication data. Network components include but are not limited to
firewalls, switches, routers, wireless access points, network appliances, and
other security appliances. Server types include, but are not limited to the
following: web, database, authentication, mail, proxy, network time protocol
(NTP), and domain name server (DNS). Applications include all purchased and
custom applications, including internal and external (internet)
applications.