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Software Functionality Revealed in Detail
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 bad investment decisions

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Product Development and Portfolio Management RFI/RFP Template

Corporate Objectives Definition, Portfolio Definition, Product Investment, Product Investment Scoring, Portfolio Balancing, Product Investment Monitoring, Application Technology 

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Documents related to » bad investment decisions

IT Investment Decision Making: Getting to "Yes"


Many technology sales cycles get bogged down in the IT department. But while it is unlikely that a sale will get anywhere without IT management buy-in, IT approval is no guarantee of success. Getting a “yes” requires accessing and influencing other decision-makers, especially in the finance department. And along the way, there are plenty of others who can say “no.”

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Gain More from Your IT Projects


IT investments are not a magic pill that will remedy business problems, but if used properly, they can help. Businesses should set business-oriented objectives for their IT projects and measure returns through the use of return on investment techniques.

bad investment decisions  problems would look as bad as before. Staff turnover . Sometimes, inefficient operations create a history of high staff turnover. Inefficiencies may caused employees to work overtime most of the time. Now, whenever staff leave, time and resources are spent to employ and train someone else to take over. Newly trained staff are normally slower in their work compared to their peers. There will be a negative impact on productivity even with a new system is in place. Staff efficiency with computer systems and Read More

Should You Cut Back or Freeze IT Spending in a Recession?


With little doubt that the US economy is in or near recession, the big question now is whether we’re heading into a global credit freeze and financial meltdown. If the worst happens, all bets are off—we’ll be pretty much in uncharted territory. But if we do manage to escape with nothing more severe than a typical recession, what approach should you take towards IT spending? The usual

bad investment decisions  action for you. In bad times as in good, there are opportunities waiting to be found. Assuming that your organization’s circumstances don’t absolutely prevent it, you just have to be willing to buck the trends and find them. Read More

Vendor Viability (Size) vs. Customer Intimacy


After almost a decade of following the enterprise applications market via insightful, sometimes exhaustive (and exhausting) free research articles (which will continue to go on in earnest and continue to be rated by our readers), the time has come for me to be in tune with the Web 2.0 and related social networking. In other words, the time has come for my blog at TEC, and the dilemma was then what

bad investment decisions  I admit to my bad manners and looking over Aleks'' shoulder, having been seated next to him). And no, Aleks doesn''t strike me as a dictatorial control freak or a micro-manager, but rather as a workaholic and a dedicated young entrepreneur -- ironically, despite being a majority owner, Aleks admits being outvoted by other leaders at Webcom, in some instances, about some product or marketing decisions. Aleks is proud of not having any venture capital (VC) investment (which he refuses to consider time and Read More

Seven Steps to Flawless Business Intelligence


Business intelligence (BI) capabilities transform vast amounts of data into relevant information that organizations rely on to make decisions and manage performance. Most companies have some form of BI, and most are familiar with its benefits. However, in order to extract maximum advantage from BI initiatives, it is necessary to be aware of—and avoid—their seven “fatal flaws.”

bad investment decisions  the effects of one bad decision are compounded over and over as they cross departments or move further up the ranks. BI must draw on accurate data. Otherwise the adage remains: Garbage in, garbage out. If an enterprise BI application is built on the wrong data, or on out-of-date or incomplete data, the value of the system is compromised long before information reaches the business user. The demands of compliance have led organizations to pay closer attention to their data quality. However, few IT depart Read More

The ROI Dilemma - Part 1 - Look at how bad you Look!


If you're going to use ROI in order to find new business or, justify your solution, be careful. ROI is a loaded gun and you might just shoot yourself.

bad investment decisions  - Look at how bad you Look! The Situation I sent the CFO a letter two months ago explaining why she should consider looking at new software. I told her I would contact her at precisely 8:00AM 12 December. At that time, her Administrative Assistant told me I''m sorry, she''s in a meeting. Can I take a message? Being the persistent salesperson that I am, I''ve called five times since. I was never able to contact her. It''s now half past six on 12 February and I figure Hey, maybe she''s working late . With my Read More

Optimizing the Mobile Workforce: Maximizing the Value of Your Investment in Mobility


Today, enterprises leverage mobility for more than just communication. They want to maximize the productivity of the mobile workforce. That means choosing mobile devices, applications, policies, and services aligned with enterprise goals. What matters most to enterprises today is equipping the mobile workforce for success at the right cost and with acceptable security.

Optimizing the mobile workforce is a matter of finding the right balance between cost, security, and usability. Usability correlates with productivity, which is maximized by the right devices, applications, and support. Optimizing all these factors is a significant challenge, but taking a systematic approach can help an enterprise maximize the value of investment in mobility.

bad investment decisions  the Mobile Workforce: Maximizing the Value of Your Investment in Mobility Today, enterprises leverage mobility for more than just communication. They want to maximize the productivity of the mobile workforce. That means choosing mobile devices, applications, policies, and services aligned with enterprise goals. What matters most to enterprises today is equipping the mobile workforce for success at the right cost and with acceptable security. Optimizing the mobile workforce is a matter of finding Read More

Integrated by Design: The Superior Strategy for Investment Portfolio Reportin


Systems for monitoring, managing, and reporting on financial assets are mission-critical—particularly in a volatile investment environment. Yet, far too many insurers rely on legacy systems that are out-dated, expensive to maintain, limited in portfolio visibility, ineffective for assessing risk exposure in a timely fashion, and heavily reliant on time-consuming, error-prone manual reconciliation. Find out more.

bad investment decisions  by Design: The Superior Strategy for Investment Portfolio Reportin Systems for monitoring, managing, and reporting on financial assets are mission-critical—particularly in a volatile investment environment. Yet, far too many insurers rely on legacy systems that are out-dated, expensive to maintain, limited in portfolio visibility, ineffective for assessing risk exposure in a timely fashion, and heavily reliant on time-consuming, error-prone manual reconciliation. Find out more. Read More

Evaluating Strategic Information Technology Investment: An Appraisal of Software Alternatives for Small to Medium Enterprises


The problem of information technology investments particularly concerns small and medium enterprises, as they are much more limited in resources than large enterprises. One of the critical questions is whether to implement an open source or closed source solution.

bad investment decisions  open source software,closed source software,Windows,Linux,free solutions,commercial solutions,operating systems,information technology,IT,IT investments,SME,small to medium enterprises,AHP,analytical hierarchy process,information and communication technology Read More

Human Capital Analytics Drives Strategic Business Decisions


Managers need high-quality information about their workforce to recruit and retain the best people and maximize employee productivity. In this white paper from Ventana Research and IBM, learn how analytics tools can help you uncover insights about work groups and individuals to help engage, support, and motivate employees and further your organization’s business goals.

bad investment decisions  human capital, analytics, HCM, HCM analytics, HCM data, workforce analytics, IBM, Ventana Read More

Modern Finance In The Digital Age: Return on Investment Best Practices


For businesses in the digital age, modernizing their finance departments is more critical than ever before. Installation of enterprise resource planning (ERP) tools is understood to be essential, allowing companies to streamline previously complicated and outdated processes. Using cloud technology to perform analysis of big data gives businesses the ability to improve how and when to assign assets, but without implementing best practices alongside the ERP software, your business can’t maximize the benefits of this new technology.

Different options for return on investment (ROI) analysis are possible with cloud-based technology, such as allowing users to develop a controlled return on investment profiles on smaller, more focused projects, or in some cases, how to circumnavigate outmoded software and hardware, saving person hours and creating less confusing profiles.

In this white paper, learn how to modernize your financial organization and apply return on investment best practices in conjunction with cloud technology not only to maximize analytics based on big data, but to empower finance across the board, even attracting the right people to your team. Learn about how to achieve increased financial savings, and how to develop support systems for predictive and focused analytics, as well as for strategic outcomes. When a modern system takes full advantage of everyone’s skill sets, exceptional results are possible.

bad investment decisions  Finance In The Digital Age: Return on Investment Best Practices For businesses in the digital age, modernizing their finance departments is more critical than ever before. Installation of enterprise resource planning (ERP) tools is understood to be essential, allowing companies to streamline previously complicated and outdated processes. Using cloud technology to perform analysis of big data gives businesses the ability to improve how and when to assign assets, but without implementing best practices Read More

Bad Customer Support Is Not a Software Problem


A couple of days ago, my laptop decided (all on its own) to jump off my desk. Lucky for me, it survived almost completely undamaged except for a broken latch, which seemed easy enough to fix. So I decided to order the replacement part and fix it myself. Since I didn’t know exactly what part I needed to order, I started by calling the vendor’s Technical Service number. I

bad investment decisions  Customer Support Is Not a Software Problem A couple of days ago, my laptop decided (all on its own) to jump off my desk. Lucky for me, it survived almost completely undamaged except for a broken latch, which seemed easy enough to fix. So I decided to order the replacement part and fix it myself. Since I didn’t know exactly what part I needed to order, I started by calling the vendor’s Technical Service number. I described the problem and asked if the rep could tell me what part I needed, whether it Read More

Aftereffects of Recession on IT Investment: Building a Robust IT Investment Model


The global economic recession has put immense pressure on companies to cut costs—particularly IT-related expenditure. Companies were often forced to run only a few projects with regulatory impact and immovable deadlines, proceeding against very lean budgets. Recently, key economies such as the US and China have started to show signs of recovery. Learn more about how the recession has had an impact on IT investment.

bad investment decisions  of Recession on IT Investment: Building a Robust IT Investment Model The global economic recession has put immense pressure on companies to cut costs—particularly IT-related expenditure. Companies were often forced to run only a few projects with regulatory impact and immovable deadlines, proceeding against very lean budgets. Recently, key economies such as the US and China have started to show signs of recovery. Learn more about how the recession has had an impact on IT investment. Read More

Making the Right Decisions with SCOR


In the relentless search for ever-improving returns on investment and market competitiveness, some of the world’s biggest corporations are applying a model known as the supply chain operations reference (SCOR) model to maximize supply chain efficiency. Simply gathering SCOR metrics information is one thing—but how do you actually make this information available to allow optimal decision-making for your business?

bad investment decisions  the Right Decisions with SCOR Making the Right Decisions with SCOR If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. IBS has developed a solution that delivers this information in clear, intuitive and secure portals. These portals can display graphs, charts, scorecards and tables that show the SCOR metrics data in its most beneficial form and allow key comparisons to be made across all aspects of the business. Source : IBS Read More

Document Management Return on Investment Analysis


Find out how a document management system (DMS) can generate a significant return on investment (ROI) for small to midsized businesses (SMBs). The changes in technology pricing over the last 10 years have finally made it possible for SMBs to enjoy the same efficiencies provided by IT systems that large enterprises have enjoyed for decades. These advances in technology can now be applied with ease at the SMB level.

bad investment decisions  Management Return on Investment Analysis Find out how a document management system (DMS) can generate a significant return on investment (ROI) for small to midsized businesses (SMBs). The changes in technology pricing over the last 10 years have finally made it possible for SMBs to enjoy the same efficiencies provided by IT systems that large enterprises have enjoyed for decades. These advances in technology can now be applied with ease at the SMB level. Read More