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5 signs your agile practices will lead to digital disaster

CIO Business Intelligence

Business leaders get scared and say, ‘Tell me the plan so I can sleep at night,’” said Ronica Roth, co-founder and principal of The Welcome Elephant. Agile has to work within the context of the organization, whether it’s the process of financial reporting, estimation, or forecasting,” said Phil Heijkoop, general manager of Aligned Agility.

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How to build a successful procurement strategy

IBM Big Data Hub

Gather diverse insights, understand needs and manage expectations. Determine business objectives Define specific measurable, achievable, relevant and timely (SMART) objectives for the procurement function. Stakeholder engagement is key to ensure the strategy is well-planned and supported throughout the organization.

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7 IT governance mistakes — and how to avoid them

CIO Business Intelligence

Governance should be designed with adaptability in mind to ensure IT remains in alignment with business objectives, continually providing value while effectively safeguarding the organization against potential risks, Bales says. CIOs frequently launch strategic initiatives without fully considering all the risks involved.

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Top 10 Elements for Developing a Strong Information Security Program

CDW Research Hub

To support these plans, components such as prevention and detection mechanisms, access management, incident response, privacy and compliance, risk management, audit and monitoring, and business continuity planning are all necessary to a successful security program. Develop a security risk management program.

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Automating Model Risk Compliance: Model Validation

DataRobot Blog

What are some steps that the modeler/validator must take to evaluate the model and ensure that it is a strong fit for its design objectives? Evaluating ML models for their conceptual soundness requires the validator to assess the quality of the model design and ensure it is fit for its business objective.

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Best BI Tools Examples for 2024: Business Intelligence Software

FineReport

Financial Services Optimization : In the financial services sector, a major institution leveraged a sophisticated BI platform to analyze market trends, customer behavior, and risk management strategies. This results in optimized resource utilization and cost efficiencies while enhancing overall productivity.

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Six EAM trends pushing the oil and gas industries forward

IBM Big Data Hub

EAM systems can provide around-the-clock visibility into inventory levels, allowing businesses to track part usage, automate reordering processes, prevent stockouts and overstocking, reduce carrying costs and ultimately ensure that parts are available when teams need them. It can also significantly increase uptime and lifespan.