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The steep cost of a poor data management strategy

CIO Business Intelligence

To derive data management’s ROI, your organization can use your relevant key performance indicators (KPIs). Reduced risk: Effective data management can help businesses mitigate risks, such as data breaches, compliance violations, and reputational damage.

Strategy 112
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What is Integrated Business Planning (IBP)?

IBM Big Data Hub

By integrating financial planning with strategic and operational planning, organizations can evaluate financial profitability, identify potential gaps or risks, and make necessary adjustments to achieve financial targets. Key performance indicators (KPIs) are established to measure progress and enable proactive management.

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How Good Leaders Keep Data in Perspective

Smart Data Collective

Key performance indicators (KPIs) can serve as excellent measuring sticks that guide your progress and allow you to define and evaluate success. This is an especially important risk to acknowledge when presenting or interpreting data in ways that can potentially skew it. For example: Fixation on KPIs.

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What is a project management office (PMO)? The key to standardizing project success

CIO Business Intelligence

Furthermore, the PMO serves as a centralized deposit of project-related information, such as status reports, identified risks and project interdependencies. According to Sargeant, companies in highly regulated industries, as well as organizations where projects present high levels of risk, often opt to implement a controlling PMO.

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4 steps to connect change management and DevOps

CIO Business Intelligence

In practice, this may involve implementing a change tracking system that captures all change requests and their associated details, such as the reason for the change, potential risks, and expected outcomes. Use metrics and key performance indicators (KPIs) to assess the effectiveness of your change management processes.

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Monitor and Address Anomalies to Keep Your Business On Track!

Smarten

It may involve increased risk, or harm. Augmented Analytics with anomaly monitoring and alerts allows you to establish key performance indicators (KPIs) and to set up alerts and thresholds so that you will know as soon as something important occurs.

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Achieve Flexible Monitoring and Notification with our Data Alert?

FineReport

Risk control and key indicator management are increasingly becoming primary concerns for modern enterprises. When key indicators show abnormal fluctuations or significant outlier values are detected in key data, it is necessary to promptly communicate risk information to business leaders for effective risk alerting.