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Top 10 Signs Your Company Needs Project Portfolio Management

The truth is that any business could benefit from project portfolio management (PPM). However, if you find your company running into the following signs, you could be in more dire need of PPM than most! Sign #1: Project and resource managers often fight over resources. Example: The head of the Finance department asks IT services to install a new accounts payable system. When approached by the project manager requesting to assign two financial analysts to …

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10 IT Basics That Business Managers Need to Know

From your computer at work to brushing your teeth, technology has managed to permeate almost every aspect of human life. It has become essential for everyone to understand some basics about technology, even those outside of IT. In an article for TechRepublic, Mary Shacklett shares 10 of the most pertinent concepts every manager should know about IT: Defining how new technology can help How to work with IT vendors Understanding what IT truly does How …

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The Nine Elements of Digital Transformation

The digital transformation is here and running full throttle into the future, but how can managers keep pace with this movement? In an article for MIT Sloan Management Review, George Westerman, Didier Bonnet, and Andrew McAfee elaborate on their findings after having interviewed 157 executives across 50 different companies. A Full Scope of Transformation All of these companies are considered large and derive from 15 countries. Half of those interviewed were business leaders and half …

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8 Top Skills of the Best CIOs and Business Technology Leaders

Some say that leaders in the technology sector need to be chameleons, able to change with their environment, but they would probably be better off as octopuses. They can blend in too, but with the benefit of many extra arms! In an article for CIO UK, Arif Harbott explores eight skills a technology leader needs to possess in order to make an impact: Foremost, be a business leader See and experience Take responsibility Be bold …

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Business and Technology Transformation Leadership: The Critical Factor

Today’s technology-enabled business landscape, rapid innovations, new business models, intense competition, global operating environment, constraining legacy systems, increasing regulations, and ever-changing customer expectations are making the business environment highly complex. Organizational transformation is the complex endeavor of innovating and redesigning the organization, which significantly impacts all or most aspects of the business. The Business Problem Many recurring research studies by Economist Intelligence Unit, Project Management Institute, McKinsey, et al. over the last few years have …

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Three Roles of Senior Leaders in IT Governance

If IT is not properly supporting all the initiatives that matter to the business, weak IT governance could be to blame. Do not feel bad if this sounds like your organization. IT alignment is still an area that many business executives are struggling to integrate. In an article for the Wall Street Journal‘s Deloitte Insights, it is explained why a CIO cannot achieve perfect governance without senior support. A Little Help from My Friends Could …

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Getting Beyond the BS of Leadership Literature

Every person who would seek to improve their leadership skills through a good book should be applauded. However, there are some things that a person can simply not learn from reading, and unfortunately, leadership might be one of them. In an article for McKinsey & Company, Jeffrey Pfeffer explores how to move past the simple leadership literature and develop tangible management skills. From Theory to Practice There is a wide array of leadership failures in …

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Beware of the Productivity Measurement Fallacy

Can money and productivity be measured on the same spectrum? Unfortunately, money saved does not always equate to greater productivity from employees. In an article for CIO.com, Eric Bloom explores his own experience with this fallacy. Pitfall Ahead In the business he was employed at, there was a company-wide productivity initiative. The program was explicit in its intentions, and there were even prizes to be awarded to the team that generated the greatest company savings. …

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A 10-Year Study Reveals What Great Executives Know and Do

In an article from Harvard Business Review, Ron Carucci reveals the details of a 10-year study that closely analyzed great executives and isolated the best practices they engaged in. Through the course of the study, 2,700 leadership interviews were conducted, which ultimately uncovered seven performance factors that correlated with strong leaders. These factors then lead to the discovery of four reoccurring patterns that distinguish the best of the best: Executives are knowledgeable about the entire …

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How to Hire Your Next CIO

IT is transforming into a new entity, something more along the lines of “digital services.” Undertaking this sort of huge transformation means the organization will need to invest in a new CIO. In an article for InformationWeek, Jonathon Feldman elaborates on what organizations should be looking for when they hire a new CIO. The Elements That Matter Although the specifics of what each company will need in a CIO will vary, there are some skills …

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