Joe Kraus, former senior VP and CIO, IntelsatKraus uses standard office productivity tools for prioritizing and tracking the IT portfolio and communicating its status. Intelsat is a midsize company with 2004 revenue of $1.04 billion, so Kraus likes to keep things simple. “One of the things I’m trying to do is get rid of stuff,” Kraus says. “Bringing in an enterprise tool that everybody uses wouldn’t be a prudent thing to do at this time.” Kraus’s team talked about building an online tool so that all the VPs could see the status of projects in the portfolio; he decided that such a tool was unnecessary. “I’m not General Motors,” Kraus says. “I can walk down to the office of any VP and have a conversation.”Walter Weir, CIO, University of NebraskaFor the past six years, Weir has used a portfolio management tool from ProSight that gives him a dashboard view of his IT portfolio. “The tool takes information that used to be in the black box—and was often misunderstood—and makes it so that it can be very quickly displayed, so you can have a meaningful conversation with your senior administrators,” Weir says. “They look at the dashboard and say, ‘That’s an awfully big yellow bubble. What’s happening there?’” Weir has built a prototype showing how the university could use the tool—and the portfolio management approach—to prioritize and track progress toward broad strategic initiatives that reach far beyond IT. For example, he says, “the University of Nebraska should provide the opportunity for Nebraskans to enjoy a better life through access to high-quality higher education.” Related content News Amazon to lay off 9,000 more workers, including some at AWS The latest round of Amazon layoffs will impact AWS, Twitch, advertising and PXT, CEO Andy Jassy said. By Jon Gold Mar 20, 2023 3 mins Technology Industry Cloud Computing BrandPost What’s next for network operations Broadcom: 2023 Tech Trends That Transform IT By Serge Lucio, Vice President and General Manager, Agile Operations Division Mar 20, 2023 8 mins IT Leadership Networking BrandPost Digital transformation obstacles: Stubborn challenges, what to do about them Value Stream Management is an increasingly essential approach to strategic transformation initiatives. To help teams more fully capitalize on the opportunities it presents, Broadcom is holding its third annual VSM Summit. By Marla Schimke, Head of Product and Growth Marketing, Broadcom's Enterprise Software Division Mar 20, 2023 3 mins Devops Software Development Feature CEO directives: Top 5 initiatives for IT leaders As organizations change course with economic gyrations, collaboration between IT and business becomes priority No. 1 for CEOs. By Stacy Collett Mar 20, 2023 7 mins IT Leadership Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe