CIO Business Intelligence

OCTOBER 15, 2024

Rick Boyce, CTO at AND Digital, underscores how a typical IT project mentality toward DevOps can undercut the CIO’s ability to deliver on business objectives. Applications sanctioned for frequent, continuous deployments should have robust continuous testing, enhanced observability, and a canary release strategy to minimize risks.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

CIO Business Intelligence

OCTOBER 15, 2024

For example, a company aiming for market expansion might focus on developing scalable infrastructure, enabling application localization, and enhancing security measures to support operations in new regions. This process identifies discrepancies in capabilities, resources, and processes that could hinder the achievement of business goals.

Strategy 132

Strategy Gap analysis IT Consulting 132

CIO Business Intelligence

NOVEMBER 19, 2024

When business leaders have confidence in IT, everything moves faster. Decision-making is crisper, risk-taking is increased and teams spend more time executing than planning.” After setting the aligned, shared objectives, continually measure performance against those objectives and adjust objectives as business conditions change.”

IT 126

IT Strategy Consulting Business Objectives 126

IBM Big Data Hub

DECEMBER 14, 2023

To combat these ever-growing risks, the concept of cyber resiliency has gained significant importance. Cyber resiliency goes beyond mere cybersecurity measures. Their expertise in developing secure systems ensures that proactive defense measures are in place.

Risk 78

Risk Measurement Business Objectives Optimization 78

CIO Business Intelligence

OCTOBER 2, 2024

An AI policy serves as a framework to ensure that AI systems align with ethical standards, legal requirements and business objectives. Every AI system introduces certain risks, whether related to cybersecurity, operational disruptions or legal liabilities. Identify gaps related to ethics, transparency, risk and compliance.

Gap analysis 119

Gap analysis Risk Manufacturing Data Governance 119

CIO Business Intelligence

AUGUST 20, 2024

We’re now entering a new gen AI era, which is already impacting how we staff teams, their business objectives, and the tools they use to deliver innovations. CIOs have a new opportunity to communicate a gen AI vision for using copilots and improve their collaborative cultures to help accelerate AI adoption while avoiding risks.

IT 140

IT Digital Transformation Experimentation Risk 140

CIO Business Intelligence

JUNE 21, 2022

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. Poor risk planning. Insufficient operational visibility.

IT 115

IT Risk Measurement Risk Management 115

CIO Business Intelligence

AUGUST 23, 2022

Technology that minimizes operational risk and provides advanced data management and protection that spans the entire edge-to-core continuum. planning and downtime, overtime, expedited freight) associated with your current network, along with specific business processes to be avoided. Obtaining more insight into hidden costs (e.g.,

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

CIO Business Intelligence

MAY 14, 2024

Innovators and Disruptors : Celebrating visionary leaders who have embraced innovation, driving the adoption of cutting-edge technologies and pioneering new approaches to solve business challenges.

Digital Transformation 98

Digital Transformation Business Objectives Risk Management Measurement 98

IBM Big Data Hub

DECEMBER 13, 2023

By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Strategy 65

Strategy Cost-Benefit Key Performance Indicator Consulting 65

CIO Business Intelligence

OCTOBER 30, 2024

And with AI used in almost every part of the business, stakeholders have become much more tech savvy, reducing their dependency on IT departments. To help mitigate these risks, it’s necessary for IT leaders to increase their profile and visibility across the organization, and make sure they educate all potential users. “As

Management 100

Management Strategy Risk Consulting 100

CIO Business Intelligence

JULY 7, 2023

Improving employee productivity and collaboration is a top business objective, according to the 2023 Foundry Digital Business Study. As more individuals use browser-based apps to get their work done, IT leaders need to provide seamless access to corporate apps and tools while minimizing security risks.

Measurement 120

Measurement Experimentation Risk Enterprise 120

David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

The difference is in using advanced modeling and data management to make faster scenario planning possible, driven by actionable key performance measures that enable faster, well-informed decision cycles. This may sound like FP&A’s mission today. This can save budget owners time and shorten planning cycles.

Forecasting 130

Forecasting Machine Learning Finance Predictive Analytics 130

CIO Business Intelligence

AUGUST 27, 2024

The strategy unfolded through careful planning, leveraging technology to enhance the taxpayer experience and ensuring robust cybersecurity measures. A staged approach enables risk mitigation and resource optimization and ensures modernization efforts bolster operational efficiency and competitive advantage.

Cost-Benefit 102

Cost-Benefit Key Performance Indicator ROI Strategy 102

CIO Business Intelligence

JUNE 25, 2024

But there are also risks, including potential cost overruns, lack of commitment and availability of the consultant, communications issues, contract breaches, and lack of needed skills. Here are some tips for getting the most value from using IT consultants and ensuring that the engagement is successful and aligned with your objectives.

Consulting 114

Consulting IT Metrics Key Performance Indicator 114

CIO Business Intelligence

NOVEMBER 2, 2023

IT leaders say that the requirements for successful gen AI use include accurate, complete, and unified data (55%); enhanced security measures to avert new threats to the business (54%); and ethical use guidelines (30%). The study suggests that a lack of shared KPIs may be a root cause of this issue.

Data Strategy 135

Data Strategy Strategy Sales Data Governance 135

CIO Business Intelligence

JUNE 21, 2024

A service-level agreement (SLA) defines the level of service expected by a customer from a supplier, laying out metrics by which that service is measured, and the remedies or penalties, if any, should service levels not be achieved. Ideally, SLAs should be aligned to the technology or business objectives of the engagement.

Metrics 96

Metrics Measurement Cost-Benefit Key Performance Indicator 96

Rocket-Powered Data Science

FEBRUARY 15, 2023

First, don’t do something just because everyone else is doing it – there needs to be a valid business reason for your organization to be doing it, at the very least because you will need to explain it objectively to your stakeholders (employees, investors, clients).

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

CIO Business Intelligence

MARCH 16, 2022

and ‘What is the risk of not changing?’”. While CIOs and business leaders have often had time to understand the rationale and wisdom of an initiative and what it will mean for them personally, others will also need some space to understand the impact. Clarity in measuring promise-and-delivery gaps is key,” he says.

Management 143

Management Measurement Metrics Consulting 143

CIO Business Intelligence

AUGUST 13, 2024

Implement robust risk assessment and mitigation strategies encompassing automation initiatives. Develop holistic metrics aligned with business objectives, integrating KPIs and OKRs into automated systems. Address technical debt and system complexity through modular development and continuous improvement processes.

Data-driven 124

Data-driven Metrics Optimization Deep Learning 124

CIO Business Intelligence

OCTOBER 2, 2023

Furthermore, the PMO serves as a centralized deposit of project-related information, such as status reports, identified risks and project interdependencies. PMOs will often be headed up by a director who is responsible for ensuring project alignment with business objectives.

Management 124

Management Scorecard Key Performance Indicator Risk 124

O'Reilly on Data

JULY 28, 2020

These measures are commonly referred to as guardrail metrics , and they ensure that the product analytics aren’t giving decision-makers the wrong signal about what’s actually important to the business. When a measure becomes a target, it ceases to be a good measure ( Goodhart’s Law ). Any metric can and will be abused.

Marketing 363

Marketing Experimentation Metrics Testing 363

CIO Business Intelligence

NOVEMBER 13, 2023

Failure to align technology capabilities with business goals can result in a wasted investment in technology that doesn’t support business objectives. IT leaders help facilitate a shift in organizational mindset toward a willingness to take risks and learn from failures.

Digital Transformation 143

Digital Transformation Cost-Benefit Experimentation Measurement 143

CIO Business Intelligence

JULY 25, 2024

Offered by the ISACA, the CRISC certification validates your ability to understand and mitigate enterprise IT risk using the latest best practices to identify, analyze, evaluate, assess, prioritize, and respond to risks.

IT 131

IT Management Risk Risk Management 131

CDW Research Hub

MAY 24, 2021

Today’s digital risk and compliance profile requires developing an information security program based on a well-structured plan that includes people, processes and technologies, and focuses on the protection of information and information assets. Develop a security risk management program.

Risk Management 52

Risk Management Risk Unstructured Data Business Objectives 52

CIO Business Intelligence

JUNE 26, 2023

To succeed in their role, project managers must be adept at coordinating resources, managing budgets, measuring and tracking project progress, and communicating with team members and stakeholders. They are accountable for the entire project scope , the project team and resources, the project budget, and the success or failure of the project.

Management 105

Management Risk Insurance Business Objectives 105

CIO Business Intelligence

SEPTEMBER 13, 2023

Given this, it is critical that the CIO drive technology innovation in order to drive the overall business strategy,” says Marcus Murph, head of CIO Advisory at professional services firm KPMG. Although innovation always carries risk, there are common mistakes that CIOs tend to make that heighten the chances of innovation failures.

IT 136

IT Digital Transformation Risk Cost-Benefit 136

CIO Business Intelligence

DECEMBER 22, 2023

These IT pros can also help organizations avoid potential risks around cloud security, while ensuring a smooth transition to the cloud across the company. A cloud product manager can help ensure cloud teams develop effective solutions aimed at fulfilling business objectives.

Consulting 129

Consulting Business Objectives Software Optimization 129

IBM Big Data Hub

JANUARY 25, 2024

” Read the “Presidio AI Framework” paper to learn how to address generative AI risks with guardrails across the expanded AI life cycle As generative AI continues to go mainstream, organizations are excited about the potential to transform processes, reduce costs and increase business value.

Strategy 94

Strategy Risk Cost-Benefit Business Objectives 94

CIO Business Intelligence

SEPTEMBER 20, 2023

“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. One example paradigm to avoid in defining agile culture is “we’re not agile enough” without aligning process improvement to business objectives.

Digital Transformation 134

Digital Transformation Uncertainty Metrics Business Objectives 134

IBM Big Data Hub

FEBRUARY 5, 2024

Though it can deliver many benefits, a migration project poses some risks to an organization and presents a unique set of challenges. This factor differs depending on your company’s specific needs and business objectives, chosen cloud service providers and cloud distribution models (SaaS, PaaS or IaaS, for example).

Management 66

Management Cost-Benefit Strategy Risk 66

CIO Business Intelligence

JUNE 12, 2023

In 2012, COBIT 5 was released and in 2013, the ISACA released an add-on to COBIT 5, which included more information for businesses regarding risk management and information governance. The framework gives CIOs and other IT executives a way to demonstrate the ROI on an IT project and how it will help reach key business objectives.

Risk Management 82

Risk Management Strategy Digital Transformation Enterprise 82

CIO Business Intelligence

MAY 13, 2024

“We know what we’re trying to achieve, because we know the business goals and objectives,” We want to grow substantially, and we want to do that with speed,” says Bilker, whose clarity on IT’s business objectives mirror the top directives CEOs are giving their CIOs, according to the 2024 State of the CIO Study from Foundry, publisher of CIO.com.

IT 131

IT Digital Transformation ROI Strategy 131

Jen Stirrup

MAY 22, 2024

In content generation, RAG models can produce high-quality, relevant content using up-to-date external sources to support different objectives, such as marketing and communication. What are the risks of RAG for businesses? As with all new shiny technologies, there’s a risk of over-reliance on AI.

Cost-Benefit 45

Cost-Benefit Risk Modeling Business Objectives 45

Jedox

AUGUST 5, 2021

Based on this, you can create a holistic concept for sales with concrete measures for operationalizing your defined sales strategy. This also includes keeping an eye on possible risks, defining any needed countermeasures and identifying target groups with corresponding requirements. Establish long-term and short-term business goals.

Sales 52

Sales Measurement Business Objectives Strategy 52

CDW Research Hub

JUNE 10, 2021

Sirius Security helps them reduce risk, streamline and improve operations, and take a forward-leaning approach with proactive prevention, detection and response that keeps pace with threats. Measuring security effectiveness. Security technologies, opportunities and risk create an ever-changing cybersecurity landscape.

Enterprise 52

Enterprise Consulting Risk Business Objectives 52

IBM Big Data Hub

AUGUST 11, 2023

Furthermore, MES systems provide organizations with comprehensive and accurate production data, enabling data-driven decision-making to continuously enhance business processes and optimize resource utilization. ensure that the MES software complies with relevant standards and provides robust security measures to protect sensitive data.

Software 68

Software Manufacturing Internet of Things Cost-Benefit 68