Remove Business Objectives Remove Metrics Remove Risk Management Remove Strategy
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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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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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7 IT governance mistakes — and how to avoid them

CIO Business Intelligence

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. CIOs frequently launch strategic initiatives without fully considering all the risks involved.

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Best BI Tools Examples for 2024: Business Intelligence Software

FineReport

Additionally, BI tools enable organizations to adopt a data-driven approach to strategy formulation, leading to more informed decision-making at all levels. The implementation empowered the organization with predictive modeling capabilities, enabling proactive risk mitigation and personalized customer engagement strategies.

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Automating Model Risk Compliance: Model Validation

DataRobot Blog

In this post, we will dive deeper into how members from both the first and second line of defense within a financial institution can adapt their model validation strategies in the context of modern ML methods. Figure 4: DataRobot provides an interactive ROC curve specifying relevant model performance metrics on the bottom right.

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Six EAM trends pushing the oil and gas industries forward

IBM Big Data Hub

How EAM can help oil and gas companies Enterprise asset management (EAM) can help companies more easily manage a complex array of assets, from drilling rigs and pipelines to refineries and storage facilities. It also benefits from advanced asset management software, like IBM Maximo.

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A Guide To Starting A Career In Business Intelligence & The BI Skills You Need

datapine

Why Shift To A Business Intelligence Career? This all-encompassing branch of online data analysis is a particularly interesting field because its roots are firmly planted in two separate areas: business strategy and computer science. A firm grasp of business strategy and KPIs. BI Data Scientist.