2017-12-09

Cost and Profit Centers

Tom Breur
9 December 2017

Yesterday, my laptop had to go in for repair in the office, and they gave me a loaner. Next thing, they find an unexpected hardware defect, the issue turns out to be more severe than foreseen, and before I knew it the whole system had to be rebuilt from scratch. It wound up taking a whole day. And even after I got it back, I spent almost another day getting some “special” software products (not tied to my network account) to work.

Over the past few decades, IT and software development have evolved from a backroom activity to a core function with strategic importance. As the world turns ever more digital, software and IT have slowly but gradually drifted towards the heart of many organizations. Nowadays, for many jobs, you are incredibly hamstrung without “normal” access to systems and software.

When people are hampered in their work because IT systems are less than optimal, i.e. not as efficient as they could be, that waste is largely “hidden”: there is no observable benchmark of “optimum productivity” against which you can hold a yardstick. In fact, people mostly get used to things being the way they are, because, errrr, they have always been that way.

As a predominant Mac user, it never ceases to amaze me that “just” shutting down a system can take 5 minutes, and then another 2-3 to launch it again. I did a conservative estimate of just those losses, and figured that must “cost” some $5K/year. However, because that money isn’t actually spent, it is merely a nuisance, and invisibly “lost” to missed productivity.

I absolutely love my IT department, they are great! Responsive, helpful, friendly pro-active, just everything you’d hope for. They are also understaffed. If it were up to them, they would love to learn more about some niche applications so that they could do an even better job supporting all of us. But the reason why that doesn’t happen, the root cause for not “investing” more in IT, is that they are a Cost Center.

Sure, they know how to create a business case to show how faster service leads to higher productivity, and what that is worth. In fact, I would argue they are as good at this as anybody in the business. They do it all the time. My guess is that half of those efforts never make the cut because they get “lost” in the discussion, just like my waiting time gets “lost” in the balanced sheet. Somewhere.

The 21st century workforce is composed for the most part of knowledge workers (a term coined by Peter Drucker in 1959), so anything that contributes to productivity leads to net gains in business outcomes – the Profit Center. This new reality is hardly reflected in traditional accounting models, and in my mind, this reflects unfavorably on many operations. I would argue that if you know that “time is money”, you put your money where your mouth is…


1 comment:

  1. IT is considered mostly a cost center because managers have typically learnt the hard way that IT folks promise you everything, take your money and then give you, well, a little less than what you thought you bargained for.

    (And IT folks always find themselves forced to first promise everything because if they don't do that, they're out of any bid in the first round and soon after they're simply out of business.)

    That too is part of "things being the way they are". And a reason why managers find it hard to see IT spendings as an investment : past experience has invariably shown that the return on the investment is disappointing.

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