This PPT slide, part of the 32-slide Capabilities-driven IT Strategy PowerPoint presentation, presents a framework for project prioritization within an IT investment portfolio, specifically focusing on categories labeled "Invest to Refine" and "Invest to Keep the Lights On." It emphasizes that projects falling into these categories generally possess low strategic importance, but may still offer some value.
Investments categorized under "Invest to Refine" are described as necessary for maintaining operational capabilities that are essential for all companies. These projects often involve fine-tuning existing processes, enhancing efficiencies, and possibly reducing workforce numbers. While these investments can be economically viable, they do not align closely with the strategic goals of the organization. The slide prompts decision-makers to consider whether these capabilities can be outsourced or delivered more effectively through alternative means.
On the other hand, projects in the "Invest to Keep the Lights On" category are characterized by their necessity for sustaining certain business functions. These projects may include legacy systems or initiatives that are only supported by a limited segment of the organization. The critical decision here revolves around whether these projects should be minimized or even eliminated from the IT portfolio.
The overarching message is clear: while these investments are important for operational continuity, they should not dominate strategic focus. Executives must assess the value of these projects against the broader organizational goals and consider reallocating resources to more impactful initiatives. This slide serves as a guide for leaders to prioritize effectively within their IT investment strategies.
This slide is part of the Capabilities-driven IT Strategy PowerPoint presentation.
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