Increase Your Personal Profit Margin
In a novel shift, businesses are considering a new approach to IT finance, focusing on individual performance and engagement rather than just organisational efficiency. This change could address long-standing issues in corporate IT, such as employee antipathy towards the IT department.
The 'bring your own' movement, encompassing devices (BYOD) and potentially applications (BYOA), is gaining traction. Five IT leaders have discussed their BYOD programmes, highlighting the benefits they've seen in their organisations.
Companies in various sectors, such as production, retail, and healthcare, have implemented independent BYOD programmes. These programmes involve structured phases, including strategic preparation, pilot testing, and full rollout, and require investments in Mobile Device Management (MDM) tools like Omnissa Workspace ONE, which costs approximately $10 per device per month.
In addition to MDM tools, comprehensive security protocols, including device encryption, secure passwords, and compliance with data protection standards, are essential to ensure data security and regulatory compliance.
The implementation of MDM software was often necessitated by executive demand for iPhones and iPads. Once MDM was in place, enabling BYOD became less risky and cheaper. However, building a business case for BYOD using traditional return on investment (ROI) methods was not always possible for these leaders.
Analysts are now discussing the possibility of employees procuring their own applications to access company data and communications, a potential expansion of the 'bring your own' movement.
Some leaders view BYOD as a tool for employee empowerment, improving engagement, and increasing satisfaction with IT. By allowing employees to use their preferred devices, they argue, productivity, loyalty, and motivation can increase.
Supporting these new trends will require investment from the IT department to ensure data security, compliance, and consistent quality. The benefits of BYOD, such as wider mobile device choice and reduced need to carry multiple devices, are difficult to quantify in monetary terms.
However, the potential benefits to employee morale and productivity may outweigh the initial investment. All leaders interviewed agreed that the introduction of BYOD was beneficial to their organisations.
Business intelligence companies like Tableau Software are also promoting 'bring your own analytics', where more staff can reach their own interpretation of data. This trend could further democratise access to data and empower employees to make informed decisions.
In conclusion, the 'bring your own' movement represents a significant shift in IT finance and strategy. By focusing on individual performance and engagement, businesses can potentially reap benefits such as increased productivity, loyalty, and employee satisfaction. However, this shift requires careful planning, investment in security and compliance, and a willingness to embrace change.
Read also:
- Minimal Essential Synthetic Intelligences Enterprise: Essential Minimum Agents
- Tesla is reportedly staying away from the solid-state battery trend, as suggested by indications from CATL and Panasonic.
- Tesla's 37th week update: Stock remains steady, potential successor for Musk, unveiling of new megapack, fuel reveal delayed until IAA event
- Lieutenant Governor Kounalakis joins SoCalGas in unveiling the novel H2 Hydrogen Innovation Experience, a one-of-a-kind demonstration.
