The more that I work in business, the more that I think that there truly is more to a company just maximizing the amount of money you can make. We often say that a business exists to maximize profit, but we never seem to care about the profit we can create outside of the money on the bottom line. There are all sorts of goodwill, long term growth, market share and more that often aren’t considered when running the business.
This blog post tries to talk about how the business ought to get a makeover and establish new habits each year, just as many of us try to do with New Year’s Resolutions when the calendar changes. It’s a great goal, and while I’m not sure how many companies would try to evolve beyond the next quarter’s bottom line, I do think this is worth passing along to your management.
In our departments, we often talk about maximizing our value to the company. Getting an amount of work done that helps the business and justifies the costs that we incur in technology and staffing. I would like to think that most of us in technology do look forward, consider the applications we build and the systems we develop as long term investments, and we build them with the idea that they will provide a long term value, not just for the next quarter.
It might be worth setting up your own wisdom committee inside of your IT department, with the goal of ensuring long term value from the department.