Best tips for risk management


IT Asset Management - How Times Have Changed

When I was little I had a piggy bank completemanagement tools effectively is improved
with a requisite combination lock (needed toefficiency at the help desk. IDC reported
keep my younger brother from pilfering). Eachthat downtime can be reduced by 10% and
week, on Friday night when I got my 50 centperson hours on recovery can be reduced by
allowance, I would lock myself in my bedroom,22% for businesses that practice good asset
twist and turn the combination until I got itmanagement. I read another figure that touted
right and then I counted my prized stash ofa 25% reduction in average help desk call
cash. I always knew exactly how much it wouldtime. This enables the closing of more
amount to, but I counted it nonetheless. Mytrouble tickets per day and gets end users
brother, on the other hand, never used hisback to work faster.I certainly remember the
piggy bank; he put his quarters in hisdays when a help desk call started out with
pockets and generally lost them within a fewquestions such as "What type of PC do you
days.Over time, I began to earn more moneyhave? What version of Windows are you
through babysitting and odd jobs, but therunning? Did you install anything new
ritual never changed - lock the door, openrecently?" And if you're laughing now, it's
the safe and re-count my money. As I reflect,because you know the answer is always "NO! I
I think about the time I wasted re-countinghaven't installed anything!" End users never
my money but I also remember the delight Iadmit to installing or doing something that
experienced each time as I dreamed andcould have possibly caused their system to
planned how to spend my dough! It would havemisbehave!With today's tools, support staff
been great to push a button and have a "piggycan easily view hardware and software
bank statement" printed at any timeconfigurations without any end user
confirming that my money was where it shouldinteraction thus saving time on each and
be and how much I had available. It wouldevery support call. Having this IT "x-ray
have been better still to earn "piggyvision" debunks the myth that standard images
interest" on my quarters! That would be realare easier to support because a standard
optimization!These memories came floodingimage generally fails to remain standard
back to me when I was pondering the topic ofafter deployment. Being able to see what has
IT Asset Management and how ineffectivelyhappened to morph that PC really does make
some businesses track and manage PCs andsupport easier and faster!Secondly, most good
other IT equipment. Demands for increasedtools will provide a "history" or a "change"
staff productivity and greater return on ITflag that can clearly identify what software
investments have pushed the need for betterchanges have been made that might have
asset management and vitaltriggered the problem. This feature can also
solutions.Recently, I sat in the office of abe enlisted to enforce policies prohibiting
large organization discussing this veryusers from installing unauthorized software
subject with an IT manager. When I asked himonto their assigned systems. In the event of
if he had ever analyzed the use of softwareserious troubles, these records can provide
in his organization his reply was "We don'tvaluable forensic evidence.Moreover, good
really care if the software deployed on ourasset management tools and techniques can
standard image is used or not, it's justactually prevent the need for a support call
easier to support if we give everyone all ofin the first place by allowing for proactive
the applications."I shook my head; I've heardPC management. If a flaw or vulnerability is
this rational before, in fact, I've used itidentified in a particular software version,
myself in the past. What I've learned sincethose affected PCs can easily be identified,
then has changed my way of thinking regardingisolated and a fix or patch pushed out before
costs and efficiencies.Some IT managersthe problem erupts.This proactive approach
believe that software licensing concerns arecertainly beats the tar out of the "old
simplest to address by using a standardfashioned" method of grab a disk and run when
corporate image (a PC configured witha caller reports a system failure. And it
standard software applications deployed totruly beats hearing the words "it's going to
all users within the corporation). While itbe a long night, better order in dinner,
may seem simpler, one must ask "what happenswe've got to touch every machine before we
to standardization once that PC has beencan go home." How many pizza dinners in a row
delivered to the end user?" I'll tell you, incan your digestive system actually
many organizations the end user immediatelytolerate?In general, businesses will see
begins to alter the standard image to thesignificant benefit from using an efficient
point there is no longer any homogeny withinasset management tool (in addition to an
the business assets.My second question iseffective underlying process) in the areas of
this, "why pay for software that isn't neededsoftware licensing, maintenance costs, lease
or used?" Besides, why on earth would youand contract management, support and help
continue to pay expensive maintenance ondesk efficiencies, reduction in
software that isn't beneficial to thevulnerabilities and even with asset disposal
company? Experts estimate that optimizingconcerns. (See my earlier article regarding
maintenance contracts can save a businessIT asset disposal for a list of those
from 5% to 15%. When was the last time youworries!)To get the most out of an asset
got a budget or salary increase in the 5-15%management tool, carefully research the array
range?According to The Gartner Group,of products available. Don't be penny wise
"enterprises that fail to integrate usage andand pound foolish by merely selecting the
inventory data to manage its software assetsleast expensive or most widely recognized
will overbuy licenses for 60% of theirproducts. Every IT environment is unique and
portfolio and still be non-compliant on 30%."requires tools that can adapt to, or blend
With proper usage information, managers canwith, those specific needs.To get started on
make informed and more effective decisionsthe selection process, create a company-wide
about the needs of end users as well as theteam to evaluate asset management tools.
use of resources.For example, one companyEnlist the input from each department that
recently monitored employee use of ahas any role in relation to IT assets. The
particularly expensive software package. Theyteam should include members from finance,
discovered that, although the product waspurchasing, accounting, IT, security,
licensed and deployed to all users, onlytraining, risk management, etc.A good tool
about 2/3 of the staff ever used it. Incan and should help manage assets throughout
addition, it was discovered that anthe entire lifecycle - cradle to grave.
inexpensive emulator was a suitableConsider what tool features would make it
replacement for all but the core power users.easier, faster and more accurate to budget,
The results were savings of nearly a millionpurchase, receive, deliver, upgrade, support,
dollars! I would say, certainly in this case,use and retire an IT asset. Once your team is
that end-user usage information can be veryin place, create a list of the top 25
valuable to an IT manager. What's more, thesefeatures and benefits desired in a tool.
are the types of savings that would make anyCreate a list of tool vendors offering
CEO dance the rumba!Additionally, Gartnerproducts that meet your criteria and arrange
experts estimate that up to 30% of an ITfor an on-site demo of the product for the
budget could be saved by effective IT assetwhole team (not just IT).At this point,
management. Further, that 70% ofhopefully, between face to face meetings with
organizations have a 30% discrepancy betweenthe vendor, the demo, addressing
planned and actual IT inventory. Ouch thatcompatibility issues and pricing options, a
hurts! Why not use that 30% to increaseshort list of tools will emerge. Arrange for
budgets for training, salaries, upgrades andan on-site evaluation of at least two,
new projects?Besides software licensing andperhaps three of the preferred tools. Assign
maintenance agreement savings, there are aspecific roles to each team member in the
host of additional benefits stemming fromevaluation process to ensure that all
successful IT asset management. Every ITfunctions are fully experienced.Once a tool
manager would benefit from saving time andhas been selected, don't dare cheap out on
effort expended planning for technologytraining! At least one, preferably two, staff
upgrades of any size. For years, most of usmembers should receive thorough training on
have tracked our assets in a spreadsheet,the use and support of the product. Consider
desperately hoping that it contained fairlyhiring an experienced professional to
accurate information.When it came time toinstall, configure and document the program.
prepare for an upgrade, usually the low manLost time due to inexperienced staff
on the totem pole (or an outside temp) wasstruggling to learn a product can quickly
tasked with verifying the accuracy of thesabotage any project. Further, an experienced
spreadsheet data. This method generallyprofessional will be able to optimize the
entailed walking from machine to machinetool configuration and reporting functions.An
checking against a list of criteria. Theasset management tool can be a costly
entire endeavor was painfully slow,investment for any organization, but one
dreadfully inaccurate and miserablywhich if installed properly and used
inefficient, but hey - great exercise for theefficiently, will provide for reduced cost of
temp!Once the data was gathered, a manualownership for IT assets and such tools
method was used to determine which machinesgenerally provide a positive return on
needed what hardware and software. Once thatinvestment within 12-24 months as well. When
task was completed one could price out theyou add the benefits of increased staff
upgrades, prepare a budget for managementefficiency and reduction of risk into the
approval and hope there wasn't noticeablemix, the justifications for the expense will
margin of error. Yea, sure - better add 10%be well founded.What is being done to manage
just in case!I really like living in the newIT assets in your organization? Are you
millennium, the whole exercise of gatheringcontinually tossing your IT budget dollars
data on IT assets has been revolutionized.into metaphorical pockets or are you keeping
Now, in a matter of a few mouse clicks, aaccurate tabs on those valuables? Moreover,
good asset management application can providewhat has been done to not only track and
up to the minute information needed to planmanage the IT assets, but to optimize the
for an upgrade. Not only can these toolsreturn on those investments?Donna Johnson
provide information on hardware, but alsoEdwards has more than 20 years' experience
software versions, patches, etc. Havingimplementing and managing IT projects for
accurate data available in a dynamic systemcompanies including the Federal Judiciary,
proves to be a huge forecasting timesaver andIBM/Lotus and Hamilton Beach Proctor-Silex,
can also be used, among other things, towhere she was the senior member of the New
reduce virus incidents by identifying systemsEnterprise Technology Team.Her clients
that are at risk. Besides planning forinclude Fortune 100, 500 and 1,000 companies
upgrades, simply keeping track of assets thatas well as not-for-profit entities. Her
seem to forever grow legs and walk away onbackground includes both the technical and
their own can be a daunting task.Anotherthe business aspects of IT projects.
bright spot for IT managers who use asset



1 A B C D 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112