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Tag Archives: featured

The Myth of the Tech Talent Shortage

Virtually every business complains about the talent gap, of being unable to acquire all the skills it needs to push objectives forward. And a lot of business literature backs up this tech talent shortage—or it has, until now. In an article for TechRepublic, Alison DeNisco Rayome shares findings from a new Forrester report that claims the tech talent gap is partially in our heads. Talent Found? According to Rayome, tech talent is both available and …

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Use Brute Force If You Want Innovation in Your Company

Every company on Earth claims it is pursuing and actively fostering innovation, but come on—if that were the case, everyone would be Google. The truth is that, for most, unlocking innovation is about as well understood as using black magic to summon spirits. But in an article for Harvard Business Review, Dylan Minor, Paul Brook, and Josh Bernoff take data from 3.5 million employees to arrive at more concrete, definitive pathways to enabling innovation. Crowdsourced …

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Are You Accurately Measuring Your Company’s Digital Strength?

Traditional metrics measure traditional things, and the wave of digital transformation is anything but traditional. In an article for Harvard Business Review, Jeff Maling, Rod Fertig, and Arun Muthupalaniappan share three new metrics for measuring digital strength that they have identified. These metrics are the result of analyzing trillions of data points collected from 1,000 U.S. companies: Digital magnitude Digital share Digital momentum New Metrics for New Times The authors describe digital magnitude as the …

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5 Ways to Unlock Win-Win Value from IT Services Sourcing Relationships

“Annual global spending on external IT services is about $900 billion” according to McKinsey, but the relationships between IT buyers and providers could be better. Both buyers and providers struggle to set and prioritize their objectives, meaning that neither is fully prepared to work with the other. In an article for McKinsey & Company, Rahil Jogani, Aditya Pande, and Vikrant Shirdade share five ways that sourcing relationships can improve, based off data from hundreds of …

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How to Transition into Becoming the CIO the Business Demands

You have been getting hit over the head with this news for a few years now, but—the CIO role has evolved. Research from Deloitte University Press however has examined the specific trends that are emerging in the ways and the reasons that CIOs are transitioning into new roles. Deloitte finds transitions ultimately occur according to three dimensions: time, talent, and relationships. Why a New Role? In the first place, the primary reasons respectively why CIOs …

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4 Steps to Execute a Successful API Strategy

McKinsey finds that upward of $1 trillion in global economic profit is “up for grabs through the redistribution of revenues across sectors within ecosystems,” and APIs are at the heart of it. However, API programs are still far from maturity in many businesses. In an article for McKinsey & Company, Keerthi Iyengar, Somesh Khanna, Srinivas Ramadath, and Daniel Stephens share four steps to help your business develop a worthwhile API strategy: Identify and prioritize the …

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What CFOs Need to Know for Financial Analytics Success

CFOs know their numbers, but analytics is still a bear for just about everyone in the beginning. A particular problem for businesses right now is that resources are getting tapped out just in the process of producing analytics reports—which leaves no resources leftover to actually interpret them. In an article for Digitalist Magazine, Elizabeth Milne examines the nuances of using analytics in a way that actually pushes business forward. Pillars of Success Drawing from best-in-class …

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10 Insights into the Emerging Use of AI

The truth is AI is still a dumb infant—but that means a lot of businesses are becoming hesitant first-time parents. A study surveying over 3,000 executives and 160 case studies globally has taken a pulse on early AI usage. In an article for Harvard Business Review, McKinsey’s Jacques Bughin, Brian McCarthy, and Michael Chui derive 10 insights about AI from the study that you need to know: Most businesses are not using AI yet. AI …

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Six IT Design Rules for Digital Transformation

The honeymoon phase of digital transformation is over. Businesses with entrenched systems are realizing that transformation is riskier and costlier than they had anticipated, and although they have to do it anyway, it is a painful process. In an article for Bain & Company, Jordi Moncada, Vishy Padmanabhan, and Velu Sinha describe six IT design rules to facilitate the transformation: Break boundaries across IT stacks. Embrace DevOps. Be open. Incorporate policy engines. Induce insights via …

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3 Big Data Developments No One Is Talking About

When it comes to big data and analytics, many of us get stuck in a quagmire of buzzwords and platitudes that have emerged around them. But amid uncertainty, the development of analytics has continued all the same, some of which is finally cutting through the haze. In an article for InformationWeek, Nick Elprin and Philip Levinson identify three particular developments you should be aware of: Big data’s diminishing returns: De-emphasizing the size of the data …

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