Patricia M Cicala, CEO & President Cicala & Associates, LLC Asset Management Basics Web: Phone: 201 420- 8078 Email: [email protected]

Patricia M Cicala, CEO & PresidentCicala & Associates, LLC

Asset Management BasicsAsset Management Basics

Web: www.cicalaonline.comPhone: 201 420- 8078Email: [email protected]

Copyright 2001 Cicala & Associates LLC Slide 2

Agenda

• When and Where to Start

• How to Initiate People, Processes and Tools

• Achieving Return on Investment

• Getting Management “Buy in”

• Using Services to Enhance the Program

• Gaining Core Business Practice Status

• Case Studies


IT Management: An Environment of Chaos

EB2B B2C

Digital Assets

Hardware Software

Services

When and Where to Start


Business Drivers and Hot Buttons a Must!

M&A Consolidation Divestiture



Who Should Drive the Asset Management Effort?

Business

Finance

IT



How Do I Restart A Failed Attempt ?


• Diagnose what failed and why• Campaign for high level sponsorship• Be sure to have the proper team in place• Limit the number of assets involved in the restart


People (Politics and Perils)!

Who’s on the Team?

Legal

FinanceContractsIT

Business

How to Initiate People, Processes and Tools


Motivational Factors Affecting Team Work

• Each team member must be a stakeholder

• One challenge of each member must be addressed as a goal of the program

• Timeframes and milestones must be realistic

• Outline a program for subsequent activities

• Needs should be developed upfront



Processes: “Who Needs Them?”Everyone!

Planning

Buying

ModelingReporting



Tools: A Necessity But Not the Only Answer

The Asset Manager



Tools Solutions-The Keys to Success?Point Solutions

Suite Solutions

• Janus/Argis Repository• Isogon Soft Audit Discovery and Usage • Tally Net Census Discovery• Tangram Asset Insight Discovery

• Main Control Asset Suite• Peregrine Infrastructure Suite• CA/Unicenter


Tools: Buy Versus Build - I Have It Already!

Buy

Build

Implement

Integrate



Start Small –Think Big! Revamp As Needed

•Calculate a small sampling of assets• Record successand savings based on total numbers of assets

•Calculate a small sampling of assets• Record successand savings based on total numbers of assets

Achieving Return on Investment


Get A Financial “Buddy”



Cost Justification/Cost Avoidance A Must!



Contract for a Reimbursement Program

• Agree to a % of savings for reinvestment in the program

• Continue to contract basedon commitment to continued$$ for Tools, People, Services,etc.



Positive Drivers

Getting Management “Buy In”

• Cost reductions

• Saving time to decision

• Cutting costs of managing technology

• Going forward predictability

• Reducing contractual liabilities


Negative Drivers

• Lack of budget predictability

• Spending too much on technology

• Liabilities incurred based on business change

• Liabilities incurred based on contract terms



Market Internally or Fail

The Asset Management “AD MAN”



Successful Services Strategy

Using Services to Enhance the Program

Outtask selectively where needed

Manage the service provider

Contract carefully

Get references

Be sure service provider can do it better than you


Continued Corporate Sponsorship

Home Office Approval Required

Gaining Core Business Process Status


Records and Reports- A Necessity

Cost Savings /Cost Justification

Budgeting and Financials

Future Procurement Processes

Report X



Continued Enhancements and Updates: Adapting to Business Change

Consolidations

Divestitures

Mergers

Acquisitions Product Consolidations



1. If you don’t, your organization is over spending in total by at least 10 percent up front and 5 percent per unit per year going forward.

2. The intangible value of an asset management program can exceed hard dollar savings by as much as 600 percent.

3. The disciplines of the processes developed will facilitate swift and cost effective adaptation to changes in the business environment.

Seven Reasons to Start and Sustain An IT Asset Management Program

Clarity from Chaos


4. Ability to accurately plan and explore various “what if” scenarios will improve significantly

5. All businesses will experience benefits

6. Gain in competitive edge will prevail

7. Vendor and buyer relationships will improve

Seven Reasons to Start and Sustain An IT Asset Management Program (Cont’d)

Clarity from Chaos


Contact InformationCicala & Associates, LLCCicala & Associates, LLC

205 Hudson Street205 Hudson StreetHoboken, NJ 07030Hoboken, NJ 07030

www.cicalaonline.com

Pat Cicala, CEO & PresidentPhone: 201-420-8078Email: [email protected]: 201-420-1582

Marie Reeve, Vice-PresidentPhone: 941-360-6989Email: [email protected]: 941-360-6560

Documents

Patricia M Cicala, CEO & President Cicala & Associates, LLC Asset Management Basics Web: Phone: 201 420- 8078 Email: [email protected]