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PPM for Internal Departments
A business practice that assists organizations to align their portfolio of projects with their business strategy. Typically IT departments employ an IT governance framework to ensure that their PPM...
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Documents related to » strategic investment decision it


IT Investment Decision Making: Getting to
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

strategic investment decision it  hardly ever would a strategic investment be made without the approval of the managing director (MD) and finance director (FD) regardless of the recommendations of the IT department (Figure 3). Maybe this is not that surprising but it is a salutary reminder of the need to move beyond the IT department to ensure the success of any major sale. IT may say yes, but finance can still say no. It might not be that the FD disapproves of the proposed investment, but just that the organisation can simply not afford Read More
Distinctions and Benefits of Strategic Sourcing
Strategic sourcing involves ongoing relationships, which creates the opportunity for mutually beneficial collaboration between the buyer and the suppliers. This

strategic investment decision it  and Benefits of Strategic Sourcing Originally published - August 8, 2007 Global sourcing, despite its inherent risks, offers numerous benefits to enterprises in terms of lower costs for materials and labor. It also requires a much closer integration among the supply chain partners. Supplier relationship management (SRM), a methodology designed to structure and support the relationships between buyers and suppliers, becomes essential when a supply chain recognizes the benefits of strategic Read More
Technology''s Role in Strategic Human Resources
The human resources (HR) department can—and should—deliver contributions to the organization''s bottom line. Through technologies and service providers, HR can

strategic investment decision it  corporate growth. Examples of Strategic HR Here are some quick takes on how companies can strategically leverage HR for measurable gains. The impact areas and results in the list below are far from complete, and are provided here only as samples: Staffing levels : Aligning time tracking with disability and leave information fosters greater understanding of staffing needs. New hires : Melding rsum data with future business needs pipelines qualified individuals for impending job openings. Succession Read More
The Need for Investment in Enterprise Innovation: Part One
Manufacturers throughout the world are scrambling to respond to ever-changing economic conditions, increasing (or at least fluctuating) material costs, and

strategic investment decision it  which ideas/concepts support their strategic objectives and are therefore viable initiatives (see Figure 2). Figure 2 – Ideation. © Sopheon The next phase, innovation process and project management , manages innovation initiatives to get the right new products and/or services to market cost-effectively and on time. Using these tools, companies should know whether a particular initiative should be moved forward for launch or whether some other initiative should be moved into development instead (Figure Read More
The Need for Investment in Enterprise Innovation: Part Two
Sopheon – Where Innovation Means Business (and Vice Versa)Last week I talked about enterprise innovation management (EIM)/innovation performance management

strategic investment decision it  rather than the top-down strategic business planning that is Sopheon’s inherent approach. Sopheon’s buyers are thus in the executive C-suite, whereas PLM buyers are primarily in engineering. In addition, PLM vendors have their eye on the ideation segment and it wouldn’t be surprising to see some acquisitions of standalone ideation vendors. This could be especially true in light of PTC recently putting a halt to the sale of Windchill SocialLink (based on SharePoint) after the product’s dismal Read More
Is ROI King In Evaluating IT Investments? Part 2. Measuring the Impact of IT Investments
If the underlying business assumptions change, the cash flow projections may be critically flawed but the KPI’s can still be relatively reliable indicators of

strategic investment decision it  Companies that have a strategic imperative to gain competitive advantage through investment in IT infrastructure should look to develop KPI measures that can be indicators of the financial performance of their IT investments. In the long run, IT project KPIs may be the best indicators for IT managers to use in evaluating the results of their IT investments. About the Authors William Bill Friend and Olin Thompson are consultants who specialize in the application of IT to business problems in the process Read More
Transforming Inventory into a Strategic Weapon
Strategic inventory management requires a deep understanding of how the end-to-end supply chain is managed. From intelligently micro-segmenting products to

strategic investment decision it  Inventory into a Strategic Weapon Strategic inventory management requires a deep understanding of how the end-to-end supply chain is managed. From intelligently micro-segmenting products to creating continuous inventory process improvements, few businesses are capable of transforming their inventory into a competitive advantage. Some forward-looking leaders—backed by technology and expertise from JDA—are changing the definition of inventory optimization. Read how. Read More
On-demand IT Asset Management: What It Is, Why You Need It, and How You Can Benefit.
You probably know that managing your IT assets and infrastructure is becoming increasingly more complex, as your company operates on a broader, more global

strategic investment decision it  Special Asset Management | Strategic Asset Management | Superior Asset Management | Technology Asset Management | Top Asset Management | Trust Asset Management | World Asset Management | ERP Asset Management | ERP Asset Management Account | ERP Asset Management Advisors | ERP Asset Management Applications | ERP Asset Management Associates | ERP Asset Management Companies | ERP Asset Management Corporation | ERP Asset Management Database | ERP Asset Management Definition | ERP Asset Management Firm | ERP Read More
Best Practices and Processes for Improving the Business Value of IT
Understanding, measuring, and managing against return on investment of a company’s IT investment (ROIT) enables IT leaders to quantitatively frame their

strategic investment decision it  Practices and Processes for Improving the Business Value of IT Understanding, measuring, and managing against return on investment of a company’s IT investment (ROIT) enables IT leaders to quantitatively frame their contribution to the business and justify initiatives they seek to undertake. Read about concrete practices, processes, and recommendations to drive ROIT investment via key areas for improvement, the value of improvement, and guidelines for evaluating potential projects. 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

strategic investment decision it  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
Big Data, Mobility, and Green IT: Innovations for Manufacturers and Distributors
Your business is in good company if it is considering big data, mobility, and/or green information technology (IT) solutions. Before making an investment

strategic investment decision it  Data, Mobility, and Green IT: Innovations for Manufacturers and Distributors Your business is in good company if it is considering big data, mobility, and/or green information technology (IT) solutions. Before making an investment decision, however, it should evaluate its options relative to actual business strategies and operating requirements. Only then will it put itself in a position to make a well-informed investment decision. Download this article to learn more. Read More
Red Hat Summit 2014: Open Source at the Forefront of IT
For Red Hat, the recent summit that took place in California was special in many instances. It marked the 10th anniversary of the Red Hat Summit and the

strategic investment decision it  Red Hat, Red Hat Summit, IT, IT deployment, open source, enterprise IT, cloud, Linux, Docker, Read More
Dealership Management System: What Is It and Who Needs It?
What Is a DMS?When one talks about a DMS, people usually think about a document management system, a data management system, or even a destroyer mine

strategic investment decision it   Read More
SaaS BI Tools: Better Decision Making for the Rest of Us
In the IDC report SaaS BI Tools: Better Decision Making for the Rest of Us , you''ll learn how a SaaS-based BI solution can help employees throughou...

strategic investment decision it  saas tools better decision making rest,saas,tools,better,decision,making,rest,tools better decision making rest,saas better decision making rest,saas tools decision making rest,saas tools better making rest. Read More
A Business Risk Approach to IT Governance
As corporate IT infrastructure increases in size and complexity, corporations are recognizing the need for a better mechanism for assessing IT’s role and

strategic investment decision it  IT, IT governance, information technology, IT risk management, IBM OpenPages IT Governance Read More

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