Remove Business Objectives Remove Risk Remove Strategy Remove Technology
article thumbnail

Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

Second, doing something new (especially something “big” and disruptive) must align with your business objectives – otherwise, you may be steering your business into deep uncharted waters that you haven’t the resources and talent to navigate.

Strategy 289
article thumbnail

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. Best practices, framework and technology have been developed to support this work. GRC is overarching. Why is GRC important?

Risk 112
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Whether your technology is new or old, lifecycle management is key

CIO Business Intelligence

Does your organization see technology infrastructure as a commodity or as a strategic business enabler? The answer will shape your approach to infrastructure: you can keep legacy infrastructure going as long as you can, or you can pursue the cutting edge of technology. Legacy technology also affects sustainability.

article thumbnail

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?

article thumbnail

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.

article thumbnail

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?

article thumbnail

5 recommendations to get your data strategy right

IBM Big Data Hub

The rise of data strategy. There’s a renewed interest in reflecting on what can and should be done with data, how to accomplish those goals and how to check for data strategy alignment with business objectives. The evolution of a multi-everything landscape, and what that means for data strategy.