Although this was the best portfolio management practices for some time, many companies continue to generate income from substandard IT investments. Indicates that investment right amounts at the right IT asset classes, it is only the first step - a set of inter-related business methods and processes collectively labeled "IT savvy" to complement its portfolio management techniques. Benefits of establishing such practices add up to tangible IT savvy Award: Higher net income and other performance improvements. Cites a number of organizations in which IT savvy ingrained, informing many of the decisions to "Business and sharply focus their IT investments. The draw on the results of many years of study to consider the various IT assets, in which companies invest before discussing the gap between IT investment returns that separates those who are IT savvy of those who do not. Represents five signs IT savvy and offers practical suggestions on how managers can begin to match his savvy with IT asset mix. "Hide
by Peter Weill, Sinan Aral Source: MIT Sloan Management Review 12 pages. Publication Date: January 1, 2006. Prod. #: SMR193-PDF-ENG