Tag Archives: IT Finance

Colleges May Soon Get Credit Card Surcharge Rights

Colleges may soon be able to charge a credit card surcharge on all credit card transactions according to a Wall Street Journal article. According to the article, it appears Visa and Mastercard may be ready to settle a year long … Continue reading

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Credit Card Convenience Fees in Higher Ed

Recently I set out to do a little research into convenience fees for credit cards and other forms of electronic payments in Higher Ed. I wanted to examine the opportunity for CIO’s to adopt alternative payment systems or alternate currencies to … Continue reading

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IT Governance and the LMS – Principles of IT Governance

IT Governance and the LMS is an attempt to explain IT governance operationally as it relates to any application using the LMS as an example. So although this post will substitute the ‘any application’ with the LMS, readers should be able … Continue reading

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5 Myths of IT Governance

I discovered 5 myths of IT governance while following a recent discussion of college CIO’s which are common misconceptions of IT governance. This post picks up from the Definition of IT Governance: What many colleges get wrong by focusing on more general … Continue reading

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Definition of IT Governance: What Many Colleges Get Wrong

The definition of IT Governance still has many college CIO’s confused leading to dysfunctional IT governance models and poor results. That is based on a recent college CIO discussion on IT governance that revealed many CIO’s are more focused on … Continue reading

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Sunk Cost Fallacy: The Irrational Barrier to Effective IT Investments

The irrational psychology of the sunk cost fallacy is a pervasive barrier to effective IT investment decision making and CIO success. Let’s say you spent $1M on a project the vendor says they need another $100K to complete it. Even … Continue reading

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Building The LMS Business Case

Building the LMS business case has to include the total benefits of one LMS product versus another and not get bogged down solely on the total cost or the fascination with open source software as a function of cost. I … Continue reading

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