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6 best practices for better vendor management

CIO Business Intelligence

It is also important to involve your key vendors in strategy and planning sessions related to their services or products,” Gilgour says. Vendor partnerships are becoming increasingly vital to IT agendas today. The relationship needs to be balanced to avoid value leakage on both sides of the commercial relationship.

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Transforming IT for digital success

CIO Business Intelligence

CIOs and their IT teams have enjoyed a bump in power and prestige in recent years, as the C-suite has embraced continuous transformation, digital everything, and a host of emerging technologies — all enabled by IT. Yet many IT departments are struggling to reshape themselves to better meet the mandates of today. IT needs to go beyond that.

IT 131
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A Complete Guide On How To Set Smart KPI Targets And Goals

datapine

In a world where data represents a major competitive advantage for businesses, the need to monitor performance based on specific goals and targets is critical. That said, there are various methods and tools businesses use to manage their data and optimize their performance. It is not enough to track relevant customer or sales data.

KPI 152
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What is a project management office (PMO)? The key to standardizing project success

CIO Business Intelligence

The PMO works with a project’s business sponsors to articulate expected outcomes, establish metrics for measuring success, and then report on the returns generated by the finished project. The PMO also establishes standards for the skills required for project managers to lead projects. PMOs are looking at the big picture,” she adds.

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Analytics On The Bleeding Edge: Transforming Data's Influence

Occam's Razor

Executive scorecards, post-campaign analysis, some limited data puking (only when we absolutely can’t get away with it because someone who influences our existence is asking!) Data Warehousing. And, a thousand other silos (depending on your company size). When you only look backwards, it limits your ability to have an impact.

Analytics 131
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5 Rules for Successful Success Metrics

Juice Analytics

key performance indicators (a.k.a KPIs), success metrics, scorecards). Managers want a barometer of performance, a hammer to use on their subordinates, and a straightforward quantification of their business. Actionable metrics Ask yourself: what would I do if the metric is out of line?

Metrics 98
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Google Analytics Custom Reports: Paid Search Campaigns Analysis

Occam's Razor

You get immense focus in the scorecard (summary) using just the Acquisition (Visits, Unique Visitors), Behavior (Bounce Rate, Pageviews – proxy for content consumption) and Outcome (Transactions, Average Value, Revenue) metrics and Key Performance Indicators. So why don't more people do it? It really is.

Reporting 127