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6 tips for making the most of a tight IT budget

CIO

IT leaders seeking to drive enterprise growth through technology investments are often saddled with budgets that make their tasks of increasing the top and bottom lines challenging. Despite an estimated increase to IT budgets of 5.1% Despite an estimated increase to IT budgets of 5.1% The year 2023 seems to be no different.

Budget 336
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Strategic planning must change with the times

N2Growth Blog

If you’re frustrated by your organization’s current strategic planning and execution processes or the outcomes from that work, you’re not alone. Here are 10 changes needed to enable a wholesale paradigm shift in strategic planning and execution methods that will significantly improve your results: 1.

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7 ways an MBA will advance your IT career — and 5 ways it won’t

CIO

MBA programs can also help leaders hone their communication and negotiation skills while also improving their understanding of organizational behavior, strategic planning, and risk management through exposure to experienced peers and varied coursework,” Bhargava explains. Careers, IT Leadership, IT Skills

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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 238
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Top 8 challenges IT leaders will face in 2024

CIO

These external factors can have a dramatic impact on business operations and strategic planning. We are giving our budget and proposed projects more scrutiny to invest in areas that have clear attribution toward generated increased revenue, more efficiencies, lower costs, and improved workplace experiences,” Srivastava says.

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Canadian CIOs discuss driving digital transformation at a rapid pace

CIO

Technology was no longer considered a service to the business but a valuable and strategic part of accelerating business both functionally and financially. This required CIOs to not only lead teams, assess team skills, work with vendors, but additionally be an integral part of the budget and planning process.

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Project management: Tips, tools, best practices

CIO

Time management: Plan and develop schedules and activities, estimate resources and timelines. Costs management: Estimate costs, determine budgets. Human resource management: Plan and identify human resource needs. Communications management: Plan stakeholder communications. Budget for surprises.