IT budget vs IT strategy: What's the difference?

This title was summarized by AI from the post below.

There's a difference between having an IT budget and having an IT strategy. One pays bills. The other protects your business. For example, companies will approve $50K for new software but hesitate on $5K for proper security training. They'll refresh laptops every three years like clockwork, but won't invest in the infrastructure that keeps them secure and functional. It's not about spending more. It's about spending intentionally. An IT strategy asks: -What are we trying to protect, and why does it matter? -Where are our actual vulnerabilities? (Not just the ones we hear about in the news.) -Who owns each part of our technology environment? -How do we know our current setup is working? -What happens if our primary system fails tomorrow? A budget just asks: -How much did we spend last year? -Can we afford to keep doing that? The companies that treat IT as a strategic function don't spend dramatically more than those that don't. They just spend smarter. They ask more complex questions. They demand honest answers. When something goes wrong, because eventually, something will, they're prepared. What does your company have? A budget or a strategy? Book a strategy call: https://lnkd.in/gMTKBBDf

  • No alternative text description for this image

To view or add a comment, sign in

Explore content categories