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Benchmarking

Why Is Digital Benchmarking Important?

You can benchmark virtually anything as long as you have a really good reason for it. In an article for Entrepreneur, Paulius Stankevicius considers the value of digital benchmarking in sales and marketing contexts. He discusses broadly how to make the experience worthwhile. Get Those Digits Stankevicius discusses the benefits of digital benchmarking like this: Digital benchmarking gets the answers related to online performance. This analysis opens up the very hard to answer questions such …

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3 Little Principles with Benchmarking

To be the best in any industry or vertical, you first need to know what the best would have to look like. That is where benchmarking comes in. But if you are a little guy comparing yourself to the biggest guys, you might take away the wrong conclusions from the comparison. An article at Utech examines three small principles to keep in mind when benchmarking in order to arrive at more meaningful conclusions: Culture replication …

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CIOs Will Shape IT’s Future Value Proposition

According to McKinsey, businesses agree on the strategic value of IT and technology to improve performance, but they do not trust their IT leaders to get them there. They have shared the results of a study of 709 executives, 395 of whom are technology-centric, and it shows that IT has a bright future if CIOs can just live up to what the business wants from them. Withholding the Future Right now, executives believe that IT …

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The State of IT on Process Maturity, Business Alignment, and Digital Transformation

IT-business alignment is an enabler of great things. How prevalent is it truly in businesses though? Research from HDI and Atlassian seeks to quantify this and other aspects of today’s IT organizations. They collected 184 verified responses from a survey and determined that, ultimately, IT still has a ways to go toward alignment in most organizations. Align and Conquer For the purpose of the survey, HDI defined “alignment” according to several specific qualities. Included in …

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5 Pitfalls of Benchmarking Big Data Systems

Benchmarking can be valuable in virtually any circumstance, but it is especially important when it comes to big data systems, where speed is everything. You should thus be striving for as much accuracy as possible with measuring. In an article for Cloud Data Architect, Justin Kestelyn highlights five pitfalls to avoid to get more reliable results: Comparing apples to oranges Not testing at scale Believing in miracles Using unrealistic benchmarks Communicating results poorly Data Deception …

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Are You Managing the IT Skills Gap?

The IT skills gap is real, prevalent, and your business is probably feeling it already. A survey of 600 professionals in the United States conducted by CompTIA has yielded new data on what the gap looks like and how well (or poorly) businesses are addressing it. Does your business have a viable strategy to close the gap? The Only Gap Closing Is the Retailer Incidentally, one reason the skills gap is so problematic is because …

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How Managers Drive Results and Employee Engagement Simultaneously

A team can tenaciously pursue business goals while still having a sense of comfort and fun. The problem is not many managers know how to lead in such a way as to get this best-of-both-worlds scenario. However, in an article for Harvard Business Review, Jack Zenger and Joseph Folkman use their data collected from over 60,000 leaders to pinpoints six traits of the managers who really do achieve both: Communicates clear strategy and direction Inspires …

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Clean It Up: The Value of Benchmarking Data

The demand for data has never been higher, but it is important to remember not all data is quality data. Making business decisions based on bad data is like living off a diet of Big Macs—death will come sooner rather than later. As Doug Bonderud explains in an article for Spark, benchmarking data can be an effective way to clean up data and create a more competitive business. McData Whether across silos inside the business …

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4 Factors Driving IT Forward in 2017

In their second annual “State of IT” report, Salesforce has surveyed over 2,200 global IT leaders. They received leaders’ insights on the subjects of IT’s changing role, new technologies, and the traits that define top IT teams. From the data, four big takeaways were identified: Lines are blurring between IT and business units. Innovation is becoming the major imperative for IT. IT is exploring app-building capabilities for users to increase speed. The business is eager …

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ISBSG Releases New Data Repository Relevant to Agile Project Costs

The International Software Benchmarking Standards Group (ISBSG) is an invaluable resource for IT industry data. It has recently released a new development and enhancement repository for purchase, 2017 R1. “Over 500 projects have been added and the number of new development projects, releases and series of sprints is now over 8000.” As ISBSG notes, the challenge of the shift to agile software development is that organizations have lost some numeric insight into development. Story points …

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