Brett Craft Consulting

  Introduction IT Due Diligence assessments are typically commissioned by investors if the startup is either a SaaS business or one where the technology represents significant value in the business growth plan. Startups are often lauded for their innovation, creativity, and risk-taking. But these same qualities can also lead to problems in IT and SaaS-driven businesses. Technology Due Diligence As startups tend to focus more on building new features than on sound processes. This focus on new features can lead to data breaches, tech debt, and other costly problems. Our role is to assess the value that tech presents in your business, how it’s built and evaluate the team that makes the tech. Let’s look at what IT due diligence is and how you can prepare for it. IT Due Diligence isn’t about the tech; it’s about YOU The investor is investing in you, not just the P&L. They need to understand your vision, what makes you tick, how you make decisions and most importantly – how...

  Investors often overlook IT due diligence when assessing a target company for acquisition. While it is true that the IT function represents a relatively small portion of most companies’ overall enterprise value, overlooking IT due diligence can be a costly mistake. This is because the IT function is often critical to the company’s ability to generate revenue and profit. Furthermore, many problems that can arise from an acquisition are due to integration Issues – in particular, problems with integrating the target company’s IT systems with the acquirer’s IT systems. Therefore, performing IT due diligence is essential to the M&A process.This blog post will provide an overview of 20+ red flags investors should look for when performing IT due diligence on a target company. IT Due Diligence Red Flags related to the Team Lack of investment in personal development is prevalent in the technology industry. This is obvious when we assess teams during IT Due Diligence. Hence the dili...

  Digital Transformation needs a strong IT Project Manager to succeed. If you’re a CTO of a mid-cap portfolio firm, you know finding the right IT Project Manager is a challenge. Technology Due Diligence Without the right IT Project Manager, your projects can be drastically impacted. Important timelines will slip, and a lack of capability can affect the end result, employees, customers and the board.  IT Projects do not tend to provide instant results. So, you don’t often know you’ve got a problem until your projects slip. This can be months after hiring, so recruiting the right person is even more important. But what is the definition of the ‘right’ Project Manager? Does this person exist, and how do you ensure you hire the right one? In this blog, I share why a specific type of IT Project Manager is needed for PE-backed firms. I also share our methodology to identify the right IT Project Managers. What I Learned from Hiring 20 IT Project Managers in a single firm I...