CIO Business Intelligence

FEBRUARY 6, 2023

Executive leaders of small businesses and startups frequently lament that they lack the same access to data and insights that enterprise competitors and other more entrenched players enjoy. The solution: business intelligence tools While mindset is a difficult obstacle to overcome, technology and budget are easier ones to surmount.

Business Intelligence 69

Business Intelligence Forecasting Marketing Sales 69

FineReport

DECEMBER 9, 2021

Business intelligence strategy is seen as a roadmap designed to help companies measure their performance and strengthen their performance through architecture and solutions. Therefore, creating a successful BI strategy roadmap would have a great positive impact on organization efficiency. Three Rights.

Strategy 98

Strategy Business Intelligence KPI Key Performance Indicator 98

datapine

FEBRUARY 9, 2024

The process helps businesses and decision-makers measure the success of their strategies toward achieving company goals. How does Company A measure the success of each individual effort so that it can isolate strengths and weaknesses? The effort is a success, and more customers start pouring in. What happens next?

KPI 221

KPI Management Key Performance Indicator Measurement 221

CIO Business Intelligence

JUNE 23, 2023

According to the MIT Technology Review Insights Survey, an enterprise data strategy supports vital business objectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their data strategy.

Data Strategy 110

Data Strategy Strategy Visualization Consulting 110

CIO Business Intelligence

NOVEMBER 2, 2023

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. If you go out and ask a chief data officer, a head of IT, ‘Is your data strategy aligned?’,

Data Strategy 132

Data Strategy Strategy Sales Data Governance 132

IBM Big Data Hub

JANUARY 5, 2023

The right data architecture can help your organization improve data quality because it provides the framework that determines how data is collected, transported, stored, secured, used and shared for business intelligence and data science use cases. Steps for developing an effective data strategy include: 1.

Data Quality 52

Data Quality Data Architecture Strategy Data Lake 52

Jet Global

DECEMBER 7, 2021

As business analytics tools become more powerful and affordable than ever before, more and more business leaders are building upon their existing technology toolsets to add true business intelligence (BI) to their organization’s capabilities. These four stages are the “business intelligence cycle.”

Business Intelligence 52

Business Intelligence Slice and Dice Recreation/Entertainment Reporting 52

CIO Business Intelligence

MARCH 23, 2022

The ripple effect of COVID-19 has really shone a spotlight on how much work still needs to be done when it comes to DEI, says Suraya Hamdulay, based in Johannesburg as VP for strategy and engagement at 2U, a US educational technology company. Measure your DEI efforts.

Strategy 95

Strategy Scorecard Measurement Consulting 95

CIO Business Intelligence

FEBRUARY 13, 2024

IT leaders are drowning in metrics, with many finding themselves up to their KPIs in a seemingly bottomless pool of measurement tools. Still, when all is said and done, some key metrics stand out above the rest for accurately measuring IT success. There are a number of ways to measure value. Here they are.

Metrics 139

Metrics IT ROI Measurement 139

Alation

DECEMBER 15, 2021

Yet high-volume collection makes keeping that foundation sound a challenge, as the amount of data collected by businesses is greater than ever before. An effective data governance strategy is critical for unlocking the full benefits of this information. Let’s explore the key steps for building an effective data governance strategy.

Data Governance 52

Data Governance Strategy Metadata Data Strategy 52

CIO Business Intelligence

FEBRUARY 27, 2024

If they need their phone to do business and use the latest apps, even in the field, then new technology is a must. Then, you should link your infrastructure adoption and governance strategy to specific business outcomes. The phone will have to be replaced every few years to keep supporting new apps.

Technology 102

Technology Management Manufacturing Cost-Benefit 102

CIO Business Intelligence

JUNE 5, 2023

Regardless of whether they take a ‘build on’ or ‘create anew’ approach, CIOs should consider three key actions to meet their sustainability and broader business objectives. In other cases, they’re innovating and creating better solutions by identifying, building, and scaling those technologies to be more sustainable.

Software 102

Software Measurement Visualization Business Objectives 102

CIO Business Intelligence

NOVEMBER 13, 2023

Failure to align technology capabilities with business goals can result in a wasted investment in technology that doesn’t support business objectives. Develop a clear strategy: A clear strategy that outlines goals and objectives, timelines, and resources required is essential for digital transformation success.

Digital Transformation 141

Digital Transformation Cost-Benefit Experimentation Measurement 141

CIO Business Intelligence

MAY 13, 2024

“We know what we’re trying to achieve, because we know the business goals and objectives,” We want to grow substantially, and we want to do that with speed,” says Bilker, whose clarity on IT’s business objectives mirror the top directives CEOs are giving their CIOs, according to the 2024 State of the CIO Study from Foundry, publisher of CIO.com.

IT 129

IT Digital Transformation ROI Strategy 129

CIO Business Intelligence

MAY 16, 2024

Obviously, technology strategy and business strategy have to be ultimately driven by the vision of the organization,’’ Jones says, “but it was surprising that over a third of CTOs we surveyed felt they weren’t getting clear vision and guidance.” Sometimes it’s easier to show the value of innovation incrementally.

Digital Transformation 115

Digital Transformation Business Objectives Reporting Technology 115

CIO Business Intelligence

JULY 7, 2023

Improving employee productivity and collaboration is a top business objective, according to the 2023 Foundry Digital Business Study. A security-by-design culture incorporates security measures deeply into the design and development of systems, rather than treating them as an afterthought.

Measurement 115

Measurement Risk Experimentation Enterprise 115

CIO Business Intelligence

OCTOBER 23, 2023

As a result, most IT functions have seen budget increases, support for more staff, and higher involvement in shaping enterprise strategy , according to multiple reports. Strategies to transform IT for digital success include the following. Consider the findings of a report from professional services firm Accenture.

IT 135

IT Consulting Scorecard Key Performance Indicator 135

CIO Business Intelligence

AUGUST 23, 2022

Organizations should embrace value-based decision making that focuses on the business objectives and that benefits for the various stakeholders (technology, operations, procurement, finance, security, data analytics, environment, etc.) Obtaining more insight into hidden costs (e.g.,

Cost-Benefit 102

Cost-Benefit Business Objectives ROI Risk 102

CIO Business Intelligence

MARCH 16, 2022

It’s an oft repeated adage, introduced by management guru Peter Drucker famously, that culture eats strategy for breakfast. Execution eats strategy for breakfast,” Kocherlakota says. To that end, his technology organization is hyper-focused on measuring and reporting on its performance. Metrics are mandatory. “If

Management 143

Management Measurement Metrics Consulting 143

CIO Business Intelligence

JUNE 21, 2022

IT governance should be well-defined, clearly understood, and led by principles that reflect your organization’s mission, vision, and strategy, advises Donna Bales, principal research director at Info-Tech Research Group. By that time, governance structures are rushed and risk mitigation measures lose their effectiveness.”.

IT 113

IT Risk Measurement Risk Management 113

CIO Business Intelligence

DECEMBER 19, 2023

“Provide an IT service that focuses on user experience,” advises Edgar Padua, business value architect at digital workplace provider Nexthink. Once changes are implemented, it’s crucial to loop back, measure against the anticipated improvement, and continually review data.” IT Leadership, IT Strategy, ITSM

IT 139

IT Testing Metrics Optimization 139

CIO Business Intelligence

MAY 26, 2022

Through effective implementation of VSM, development leaders can establish portfolios, programs, and cross-functional teams that are better aligned with business objectives. Step 2: Align with the business. This starts with negotiations between leaders of business and delivery organizations, who have different incentives.

Optimization 106

Optimization Management ROI Digital Transformation 106

CIO Business Intelligence

MAY 24, 2024

The goal of GRC, in general, is to ensure that proper policies and controls are in place to reduce risk, to set up a system of checks and balances to alert personnel when new risks materialize, and to manage business processes more efficiently and proactively. More on GRC: What is GRC and why do you need it?

Risk 107

Risk Risk Management Management Enterprise 107

CIO Business Intelligence

AUGUST 31, 2023

Kirk Ball: The particular topic for which a strategy is being developed needs to be well defined with a scope and associated activities required to deliver the strategy. I view digital transformation as the integration of digital technologies to accelerate business objectives.

Digital Transformation 96

Digital Transformation Business Objectives Strategy Enterprise 96

CIO Business Intelligence

SEPTEMBER 13, 2023

Moreover, only 54% of companies have a clear innovation strategy, according to a 2023 report on innovation from consulting firm Protiviti , with 41% still developing one and 5% having neither a strategy nor plans to create one. It is nearly impossible to separate the business strategy from the organization’s technology strategy.

IT 135

IT Digital Transformation Risk Cost-Benefit 135

CIO Business Intelligence

DECEMBER 22, 2023

For security architects working in a cloud environment, the focus is on designing and implementing security solutions that protect the business’ cloud-based infrastructure, data, and applications. A cloud product manager can help ensure cloud teams develop effective solutions aimed at fulfilling business objectives.

Consulting 125

Consulting Software Business Objectives Optimization 125

CIO Business Intelligence

SEPTEMBER 20, 2023

Getting drunk on metrics: “Sometimes we get overly zealous about our metrics, have too many of them, and try to measure too many unmeasurable things,” said Jim Highsmith, co-author of the Agile Manifesto. Another prerequisite is ensuring agile teams understand the vision and goals of the digital initiative from the outset. “If

Digital Transformation 130

Digital Transformation Uncertainty Metrics Business Objectives 130

CIO Business Intelligence

JUNE 12, 2023

COBIT is an IT management framework developed by the ISACA to help businesses develop, organize, and implement strategies around information management and IT governance. COBIT 2019 was introduced to build governance strategies that are more flexible and collaborative and that address new and changing technology.

Risk Management 74

Risk Management Strategy Digital Transformation Enterprise 74

Jet Global

MAY 10, 2019

Under scrutiny to demonstrate the value they add to a company’s strategy, many human resources (HR) departments are turning to analytics supported by key performance indicators (KPIs) and metrics. To measure the effectiveness of your HR department, not all KPIs are relevant. Assessing HR Goals. Here are some specific S.M.A.R.T

KPI 75

KPI Management Key Performance Indicator Dashboards 75

CIO Business Intelligence

MAY 28, 2022

Through effective implementation of VSM, development leaders can establish portfolios, programs, and cross-functional teams that are better aligned with business objectives. Step 2: Align with the business. This starts with negotiations between leaders of business and delivery organizations, who have different incentives.

Optimization 79

Optimization Management ROI Digital Transformation 79

CIO Business Intelligence

DECEMBER 28, 2023

Governance, risk, and compliance (GRC) is an operational strategy for managing an organization’s overall governance, enterprise risk management , and regulation compliance efforts. Compliance encompasses the laws and regulations that the organization must follow as it executes its strategy, Toledo explains. “In GRC is overarching.

Risk 103

Risk Risk Management Strategy Enterprise 103

datapine

JUNE 13, 2019

There are also different types of sales reports that will focus on different aspects: the sales performance in general, detailing the revenue generated, the sales volume evolution, measuring it against the sales target pre-set, the customer lifetime value, etc. That way you can better analyze the effects on your overall strategy.

Sales 264

Sales Reporting KPI B2B 264

DataRobot Blog

NOVEMBER 8, 2022

Learn more from guest blogger Ikechi Okoronkwo, Executive Director, Business Intelligence & Advanced Analytics at Mindshare. As a global media agency network that delivers value in different ways (media investment management, planning and buying, content, creative, strategy, analytics, etc.),

Predictive Analytics 59

Predictive Analytics Marketing Analytics Data-driven 59

BI-Survey

FEBRUARY 17, 2020

Data and data management processes are everywhere in the organization so there is a growing need for a comprehensive view of business objects and data. It is therefore vital that data is subject to some form of overarching control, which should be guided by a data strategy. This way of working helps generate business demand.

Data Governance 89

Data Governance Data Warehouse Data Quality Data Strategy 89

CIO Business Intelligence

JUNE 5, 2023

Digital transformation is indeed a cornerstone of business strategy today, as 89% of enterprises see digital business as core to their growth, according to Gartner’s Board of Directors 2023 Survey. For example, strategy building skills enable IT teams to unlock new business opportunities.

Digital Transformation 144

Digital Transformation Manufacturing Strategy Management 144

CIO Business Intelligence

JUNE 26, 2023

To succeed in their role, project managers must be adept at coordinating resources, managing budgets, measuring and tracking project progress, and communicating with team members and stakeholders. Another key strategy in advance of your interview is to conduct extensive research on the organization you are interviewing with.

Management 104

Management Risk Insurance Business Objectives 104

CIO Business Intelligence

JULY 8, 2022

This article was co-authored by Duke Dyksterhouse , an Associate at Metis Strategy. First, it’s a straightforward proposition whose end state is relatively easy to envision and measure, making it a nice palate cleanser for those still wrapping their heads around the broader operating model shift. Disadvantages.

Cost-Benefit 118

Cost-Benefit Measurement Modeling Metrics 118