The purpose of this blog is to provide commentary and news on trends within the employment and technology industries.
Friday, October 22, 2010
Where to Invest? Data Management, Customer Retention and Project Management: Part 3 of 3
For most companies, the reprioritization of IT projects is a constant task. The general nature of business, constant technological advancements and changing needs of clients demands it. This might be a business executive’s toughest challenge because it requires a strong IT executive with the ability to look at the big picture, the focus to drive projects to conclusion and the flexibility to shift people to effectively meet the needs of the business. As an IT leader, is this an area you excel in? Consider consulting your staffing partner who can help you evaluate your business priorities and make the needed adjustments.
The investment decisions and the prioritization of projects appear to be a common challenge among today’s business executives. IT leaders are seemingly well positioned to remove the uncertainty that comes with the unknown and to help advise and direct the choices to be made. In some cases, it may warrant the outside expertise of a third-party partner to help bring a clear, unbiased perspective to the table. As your company considers where to invest and how to prioritize IT projects, we welcome the opportunity to provide our guidance and expertise and/or the sources you need.
Where to Invest? Data Management, Customer Retention and Project Management: Part 2 of 3
Investing in Data Management
Managing data is a large and growing area of concern for many companies. Although the cost to implement may be a primary factor for why companies put off creating a strategic data management plan, we often find that other factors influence the delay including:
· Companies don’t know where to begin
· Companies can’t confidently justify the ROI
· Companies don’t have the resources to develop a plan and achieve stated end goals
However, it’s no secret that proper data management can help companies achieve a competitive advantage by leveraging the information they have whether it’s improving operational processes to make them more efficient and cost effective, or targeting a particular industry to increase profitability. So, how does a company determine how and what data to collect, and how to manage, integrate and execute on it in a way that yields the greatest results without breaking the bank? Typically this niche area requires skilled experts that can be challenging to find. Working with a partner that can help you identify a person or a whole team whether on a contract or full-time basis with the skill sets such a position demands is often a great first step. Ideally a third-party partner will have a solid network of potential candidates to call upon and know the type of experience needed to be successful in such a position. The right outside resource(s) can typically evaluate your data, systems, functionality and more with an unbiased view and present the solid plan you need to take advantage of your information.
Where to Invest? Data Management, Customer Retention and Project Management: Part 1 of 3
Today’s business executives have an endless list of demands. Questions that must be answered. Direction that must be provided. Decisions that must be made. Given everything organizational leaders must contend with, I found the responses I received to the basic question I posed to several dozen executives — What are your top concerns right now? — very intriguing. The answers to my informal survey of small, medium and large company leaders varied, but after thoroughly considering each of my discussions I saw an interesting pattern develop from the insights that were shared. Business executives want to know where to invest when it comes to managing data and retaining customers. They also want to know how to reprioritize existing IT projects to generate the greatest ROI. What immediately came to mind for me was the unique opportunity IT leaders have to help their business counterparts in each of these areas.