According to the Book "The Adventures of an IT Leader", Updated Edition, by Robert D. Austin, Richard L. Nolan, andShannon O'Donnell (ANO). Give a single long essay answer in about 1 to 2 pages addressing the below-given questions.

Question: You have read through the 1-year journey of Jim Barton as the CIO at IVK Corporation. Referring to the complete whiteboard in his office (see below), do you agree with the statement: "IT management is about management"? Why or why not? Suppose you are the new Jim Barton with one year of experience as CIO under your belt now, what would you say to the old Jim Barton from 1 year ago about the strategic value of IT if you ran into him at Vinnie's Bar?

IT management is about management KWYDK Skill and talent mamt/key skills, key contributors Harness the power of new - VENDOR MGMT: Talent needed to monitor contract? technologies (don't sweep - Beware lone genius under the rug) -> Know who's "best-in-show"/models to maximize value? . Web 2.0 - Buy SMARTS, not hours (careful how you interpret . social networking what you see) . what else?? Mang. Problems: CAN anticipate Mang. Problems: CAN'T anticipate . planning techniques & methods . exploring, adapting, course- correcting techniques & methods IT costs (UWGDF) mapping? Communication -> Always tell your boss bad news first; tell him as ? soon as the possibility is known; don't put it off until you know it for sure. - But SYH2DP chargeback IT services - Effectively communicating IT-related business issues to business managers requires SYSTEMATIC EFFORT, just like everything else you try to accomplish in business; spend sufficient time on it. 40% CVS. Q A/P -> IT spending should be aligned w/ IVK strategy 60%% . Mandatory (i.e., security) . RCI (incremental) Infrastruct . OCI (breakthrough) YWLOY IT VALUE? +/- Prev. 4/6 5/4 6/1 7/6 8/3 9/7 10/5 11/2 12/7 1/4 2/1 3/7 4/4 $75.12 $30.72 31.90 30.88 32.02 38.07 57.94 40.21 38.39 44.19 49.72 51.08 58.22 4.77B 1.95B 2.03B 1.96B 2.033 2425 2.41B 2558 2.445 2.815 3.16B 3.248 3.70B