Live webinar on IT Financial Management: It is Not Just Cost Cutting - By EITAGlobal

Live webinar on IT Financial Management: It is Not Just Cost Cutting - By EITAGlobal


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About The Event

Overview: When you talk with most IT Organizations about Financial Management, the discussion quickly turns into one of budgets and cost-cutting. But that is not the way it should be. I have seen an IT Organization receive approval for a $50M increase in the middle of a corporate wide expense reduction. How? Simple, they were able to clearly demonstrate how their IT budget was being spent in support of specific Business Initiatives. When a new Business Initiative arose that required funding, IT let the Business decide where to cut. Instead IT received additional funds to support the new Business. 

You will learn the basics on creating a Financial Management system that links IT spending directly to approved Business Initiatives. It will also teach you how to change the discussion from cost-cutting to business functional support.

Areas Covered in the Session:

  • Create a Financial Management System based on business initiatives
  • Conduct discussions with Business Units based on business requirements and priorities and not just total IT spending.
  • Ensure your Organization understands the necessity of accurately recording and categorizing expenses.
  • To move from just Cost Cutting to true Financial Management.

Who Will Benefit:

  • Directors
  • Senior Managers
  • Program Managers
  • Project Managers


Speaker Profile:

John Palinkas


has spent over three decades in the IT services industry working for industry leaders AT&T, AT&T Solutions and British Telecom. He has led numerous multi-million dollar, multi-year outsourcing and service delivery engagements with dozens of Fortune 500 firms during his career. He has extensive experience and expertise in IT transformation efforts, outsourcing analysis, M&A integrations and service implementations. Prior to his customer-facing work, John spent many years running internal infrastructure operations and serving in senior management roles within AT&T and BT. John is a Managing Partner with The IT Transformation Institute, which is a catalyst for change, transforming the IT industry. Focused on developing leaders and creating sustainable organizations that realize the business value of their technology investments, ITTI provides a set of “transformational tools” designed to change the DNA of IT organizations. Built by practitioners, ITTI’s baselining / feedback tools, on-demand / live workshops and professional development resources give IT leaders what they need to solve today’s problems, break the dysfunctional cycles that cause tomorrow’s, and create Next-Generation IT organizations. 

In his role, John works with customers to create the right mix of Seminars, Workshops and Coaching to support their unique needs. He is also responsible for the development of new services to support the ever changing business environment. John serves on the Executive Committee of the NJ SIM Chapter and the Leadership Team of itSMF NJ LIG. He is a regular contributor to CIO Insight Magazine and has been published in IT Business Edge, itSM Solutions and ITSM Portal.
Click here to know more about this webinar: IT Financial Management: It is Not Just Cost Cutting