Remove Budget Remove Leadership Remove Performance Remove Strategic Planning
article thumbnail

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

CIO

Pro 1: You’ll acquire important strategic skills An MBA prepares IT professionals for senior management and executive roles by helping them learn key strategic skills and acquire a comprehensive understanding of business operations. “An You must understand budgets, forecasting models, regulatory compliance, and a host of other topics.”

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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. Business awareness is a vital aspect of IT leadership today.

Banking 279
article thumbnail

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.

Security 334
article thumbnail

Scoring Big: The Intricacies of an Athletic Director Search

N2Growth Blog

An athletic director is a strategic leader responsible for managing budgets, developing policies and procedures, and promoting a positive and inclusive athletic culture. An effective athletic director must have strong leadership abilities, overseeing the entire athletic department and guiding its staff and athletes.

Sport 94
article thumbnail

The Year Is Half Over…Do You Know Where Your Strategic Plan Is?

CO2 Business Leadership

According to Robert Kaplan, creator of the Balanced Scorecard, the main cause of strategic planning failure is poor execution. And Kotter International determined that, on average, 70% of new, large-scale strategic initiatives fall short of their goal, as did a similar McKinsey & Company 2009 study. It’s not too late !