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Step 1 to becoming a business-savvy CIO

CIO

Popular ways of ensuring IT efforts align with business goals range from co-developing strategic plans with executives on the business side of the company to actively collaborating with business users on projects aimed to derive more value from their efforts. Book-to-bill shows whether orders are outpacing billings (i.e.,

Banking 278
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Don’t do IT yourself: The trick to ensuring business alignment

CIO

There are many ways to implement an ITSC, but to start, you and your committee members must work together continuously on a strategic plan until the planning group can finalize an immediate one-year plan that is approved by all departments. Let me address the range of concerns you’re likely to encounter. ‘I

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A Budget Does Not A Strategy Make!

Strategy Driven

Let’s see how many of us have been involved in this type of conversation: Strategy Consultant: “ Do you have a Strategic Plan? Strategy Consultant: “ Umm, this isn’t a strategic plan. ”. Strategic Planning is one of those things that every leadership team claims to do, but, few actually perform.

Budget 34
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How to Build a Travel App?

Existek

They check new destinations, book flights and hotels, rent cars, find guide tours, plan different activities, and others. Any app idea that can be helpful for booking and managing trips can be referred to and introduced to this category. How to simplify trip planning? How to offer better booking options?

Travel 97
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Insights for Women Leaders: Motivate Team Members for Success

Women on Business

Daniel Pink’s book “ Drive: The Surprising Truth About What Motivates Us ” offers leaders valuable insights into motivation that impacts how we engage our team members. For example, if someone on your team wants deeper customer knowledge, consider asking her to do some research on your customers as part of your strategic planning process.

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The Big Picture of Business – Doing Your Best Work on Deadlines: Mobilizing the Energy for Best Business Success

Strategy Driven

I’m a big advocate of Strategic Planning and Visioning. I know from experience that planning while going through the ‘alligators’ is the most effective way to conduct the process. By seeing the daily changes resulting from the planning, companies are poised to rise above the current daily crises.

Energy 29
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The Big Picture of Business – Business Success Checklist

Strategy Driven

Each product-service is budgeted. Long-term investments plan is annually updated, with realistic, measurable goals. Cash flow, forecasting and budgeting are consistently monitored. Strategic Plan includes provisions for refinancing, equity and debt financing. Assets are adequately valued and managed.