"More and more firms are hiring chief technology officers (CTO) to help them understand and respond to technological change"

Does your Company need a CTO?, Dylan Tweney, Business 2.0, April 10, 2002.


Most companies, large and small, depend heavily on Information Technology (IT) to compete in their markets and differentiate themselves from their competitors. The big players can afford to hire talented and experienced IT executives for top dollar, to experiment with multiple strategies, and even to make a mistake or two without fear of financial failure. Not so, for the emerging and growing companies in the market place. These players have the same information technology requirements but must get it right the first time and for less investment dollars.

The Management Committees and Boards of Directors of these companies are demanding the following services:

  • Developing strategies for the use of information and IT to create sustainable competitive advantage for their companies
  • Assessments of major decisions about the value, viability and application of Information Technology.
  • Guidance for executive management through the maze of decision-making, involving the understanding of technology and the dynamics of the market place where they must fight for market share and generate a profit.

The TechPar Group (TPG) offers these high-quality services to companies who need to stay "lean and mean" yet need to get IT right in order to survive and to flourish. Your potential benefits are to:

  • Gain key competitive advantages or create important barriers to entry.
  • Reduce the risk of failing (and the associated opportunity cost) to stay abreast of changing and emerging technology.
  • Reduce the risk of spending money on the incorrect implementation of information technology.
  • Reduce the overall cost of technology while improving its benefits.
TPG offers five specific services to deliver competitive advantage:
  1. Technology Advisory for executive (CEO/CTO/CIO) level decisions
  2. Validation/development of high-level strategic plans for the alignment of information, information services and information technology within your business model.
  3. Development of Request for Proposals for technology acquisition.
  4. Management and/or oversight of ensuing projects.
  5. Linkage of businesses and/or projects with potential investors and business partners.
TPG offers these services via a retainer arrangement that is adjusted based on the revenue of your company and the degree to which you invest and/or spend on information technology. Additional services can be added based on your specific needs.