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How to build a successful procurement strategy

IBM Big Data Hub

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

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How to build a successful AI strategy

IBM Big Data Hub

Without an AI strategy, organizations risk missing out on the benefits AI can offer. An AI strategy helps organizations address the complex challenges associated with AI implementation and define its objectives. What is an AI strategy? A successful AI strategy should act as a roadmap for this plan.

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What is GRC? The rising importance of governance, risk, and compliance

CIO Business Intelligence

The need to manage risk, adhere to regulations, and establish processes to govern those tasks has been part of running an organization as long as there have been businesses to run. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage.

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Simplifying IT strategy: How to avoid the annual planning panic

CIO Business Intelligence

For those companies operating on a calendar year, the end of summer signals the start of annual planning and the mad dash to prepare their IT strategies. Your answers will lay the foundation for your strategy and highlight where your story needs work if you want to avoid fire drills in the eleventh hour. What’s the vision for IT?

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AI adoption accelerates as enterprise PoCs show productivity gains

CIO Business Intelligence

“AI is showing up in every software package and in every technology, particularly generative AI,” says Dan Diasio, global AI consulting leader at EY, while some vendors, such as Microsoft, have made AI core to their software. Webster Bank is following a similar strategy. On-time delivery has improved substantially,” she says.

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5 key mistakes IT leaders make at board meetings

CIO Business Intelligence

It’s not uncommon for CIOs, CISOs, and sometimes their direct reports to be called on to participate in board meetings or to present IT strategies and plans to their boards of directors. Make sure you work with this champion outside of the board setting to ensure alignment and adoption of your technology strategy.”

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14 in-demand cloud roles companies are hiring for

CIO Business Intelligence

These IT pros can also help organizations avoid potential risks around cloud security, while ensuring a smooth transition to the cloud across the company. These pros are experts in the cloud and stay on top of the latest innovations in cloud technology to better advise business leaders.