Hello and welcome to lecture six of how to start an ITSM department a practical course for busy executives. Please give me a second to switch on the camera. Good testa. Hello and welcome to lecture six of how to start an ITSM department. A Practical course for busy executives, I am teaching rapanos lecture six, was it a boring job. We have now come to the last lecture in this course.
As you can see from the information in the previous lectures, asset management is not really a boring and low grade job as many technical staff assume this is actually a powerful and high visibility department and the staff working here will be exposed to a variety of knowledge that can help them in their careers. Some top advantages of managing an IT asset team are as follows subject knowledge You will gain a tremendous amount of industry knowledge about hardware and software as you will be continuously involved in the lifecycle of an asset. For example, you will know the latest models of hardware and latest versions of software that are available in the industry. You will also be able to compare specs with your existing models and versions to decide on what new stuff with the latest features to buy or upgrade. Indirectly you will become an advisor for the latest hardware and software in the market.
Financial leadership with the subject knowledge gained, you will also gain financial leadership to decide on large value purchases. Initiate pragmatic cost cutting and optimization exercise. Decide on disposal. Keep your company infrastructure upgraded with the latest hardware and software and so on. This department will also be responsible for managing budgets that can exceed several million dollars Staff interaction. by managing an asset team, you will be able to interact with a variety of staff, ranging from junior staff to very senior managers and understand the requirement.
The management will be dependent on your valuable data and suggestions for approving budgets and making strategic decisions. You will also be part of important meetings where you can present the ongoing and impending it costs to the management vendor management advantage of dealing with top vendors to explore competency products and services gain industry contacts, price negotiation, attend seminars, meet subject experts and so on. Was it a boring job? As you can see from the above, very few departments offer such a variety of knowledge and interactions for an employee. This is why asset management can be considered as a crucial department that can help your company in numerous ways. In fact, an asset team can be compared to the armed forces of a country that will protect its nature nation's assets.
I hope the information provided in this course was useful enough to kickstart a professional it asset management team in your organization. I'd love to hear your comments and suggestions for improving this course. We now come to the end of lecture six. I hope you enjoyed the course. Thanks for watching.