by Erik Peterson
I'll kick off our blog with some discussion about an Ardec favorite moto I coined some ten years ago, "Wise investments, well managed". This has been a strong agenda of mine for my clients. Too many decision makers, and some who started with deep pockets, seem to just burn through money on this and that technology. Well yes, like me driving a green at 300 yards can and has happened, throwing money at technology in a "swing for the fences and just maybe" mentality just doesn't cut it.
Additionally, how many of us would spend the money to put in a beautiful lawn and then let it go un-watered, un-fertilized, un-cut? Was the grass bad or the care? That unfortunately happens with technology spend too. I've seen the fallout from management spending big bucks on some great tech, then walking away like they think it will magically take care of itself. How about this scenario, ever seen some forget that no matter how awesome the tech, it takes talent to operate...and usually other investment too. Let's stop buying Ferrari's without steering wheels, and parking them on the lawn and using them for flower pots. Ha ha, too fun poking at some of the poor patterns I've seen!
The point is that there are sound principles for technology investment and management. Let's learn them. Let's apply them. I hope this blog and Ardec's services can improve the economic waste from bad, poorly managed investments.
Buy well, drive well.