New York City Mayor Michael Bloomberg has consistently declared that his third term is to be a time of progress and innovation. To his credit, Bloomberg isn't willing to allow the tyranny of the status quo to obstruct change. Several months ago, he asked me to specifically review the way the city handles its large IT contracts. As in many large organizations, these contracts tend to produce scope creep, change orders and quality issues that lead to unanticipated costs.
After a thorough review, we recently announced significant improvements to how the city plans to manage these IT projects. The changes include beefing up our in-house expertise and enhancing our ability to manage IT contractors. By doing this, the city will be able to save potentially hundreds of millions of dollars and reduce risk.
To read the full, original article click on this link: Fostering an Innovation Culture
Author: Stephen Goldsmith
