CIO Business Intelligence

DECEMBER 28, 2023

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. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage.

Risk 115

Risk Risk Management Strategy Enterprise 115

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 19, 2025

Additionally, Deloittes ESG Trends Report highlights fragmented ESG data, inconsistent reporting frameworks and difficulties in measuring sustainability ROI as primary challenges preventing organizations from fully leveraging their data for ESG initiatives.

IT 59

IT Data Governance Data-driven Metrics 59

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

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 116

IT Risk Measurement Risk Management 116

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 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

datapine

FEBRUARY 22, 2022

A business intelligence strategy refers to the process of implementing a BI system in your company. This includes defining the main stakeholders, assessing the situation, defining the goals, and finding the KPIs that will measure your efforts to achieve these goals. But, as with any other business scenario, it is not without problems.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

Rocket-Powered Data Science

JULY 21, 2023

Organizations are able to monitor integrity, quality drift, performance trends, real-time demand, SLA (service level agreement) compliance metrics, and anomalous behaviors (in devices, applications, and networks) to provide timely alerting, early warnings, and other confidence measures. I call that “digital resilience for the win!

Machine Learning 190

Machine Learning Metrics Internet of Things Reporting 190

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 122

Measurement Risk Experimentation Enterprise 122

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 141

IT Digital Transformation Experimentation Risk 141

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 137

Data Strategy Strategy Sales Data Governance 137

DataRobot Blog

MAY 26, 2022

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.

Risk 52

Risk Modeling Metrics Business Objectives 52

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

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 123

Consulting IT Metrics Key Performance Indicator 123

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

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 Technology 98

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

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

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 130

Data-driven Metrics Optimization Machine Learning 130

Smart Data Collective

NOVEMBER 29, 2021

Companies that neglect to use data analytics, AI and other forms of big data technology risk falling behind to their competitors. Email marketing automation begins with establishing the set of business objectives that you intend to achieve with email marketing automation. Key performance metrics are identified and measured.

Data-driven 134

Data-driven Marketing Big Data Sales 134

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

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 130

Consulting Business Objectives Software Optimization 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 110

Cost-Benefit Key Performance Indicator ROI Strategy 110

CIO Business Intelligence

OCTOBER 21, 2024

“Fundamentally people don’t understand how their business activities — the processes, services, and customer journeys — are tied to the technologies,” Carandang says. We pair IT and business together so everyone gets credit and feels like it’s a collaborative effort,” he adds. They’re creative and empower their teams to ideate.

IT 137

IT Experimentation Cost-Benefit Consulting 137

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 135

Digital Transformation Uncertainty Metrics Business Objectives 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

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

datapine

JUNE 15, 2023

Boost business growth at a lower cost : Wrong decisions based on outdated data or simple intuition can not only stall business growth but also bring substantial financial losses by wasting resources on wrong strategies. They enable users to evaluate if their efforts are resulting in the completion of crucial business objectives.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

CIO Business Intelligence

AUGUST 26, 2024

By aligning our operational strategies with our business objectives, we create a foundation that supports sustained growth and enables us to respond effectively to changes in the sector. Demonstrating quick wins and measurable progress can build confidence and momentum. IT excellence.

Digital Transformation 124

Digital Transformation Strategy Finance Sales 124

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

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

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

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

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 94

Risk Management Strategy Digital Transformation Enterprise 94

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 Unstructured Data Risk Business Objectives 52

datapine

DECEMBER 17, 2019

They have to align with the company’s strategic objectives and priorities, therefore, their realization needs to be thought out. The purpose is not to track every statistic possible, as you risk being drowned in data and losing focus. This is why it is highly important to report correctly.

Reporting 173

Reporting IT Key Performance Indicator Dashboards 173