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5 key metrics for IT success

CIO

IT leaders are drowning in metrics, with many finding themselves up to their KPIs in a seemingly bottomless pool of measurement tools. There are several important metrics that can be used to achieve IT success, says Jonathan Nikols, senior vice president of global enterprise sales for the Americas at Verizon. β€œTo Here they are.

Metrics 350
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3 recruiting metrics that can help startups make more data-driven hiring decisions

TechCrunch

According to Harvard Business Review , the price of a bad hire is 30–50% of their salary, which can hit startup budgets hard in 2023. A good start is to track these three metrics: Startup founders have to focus on the key resource for their early-stage startup to survive and grow β€” the people.

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Illuminating the black box: why CIOs should consider publishing an annual IT report

CIO

One vehicle might be an annual report, one similar to those that have been published for years by public companiesβ€”10ks and 10qs and all those other filings by which stakeholders judge a company’s performance, posture, and potential. Such a report has a legacy already, if only a short one. Good question. Let’s start with Performance.

Report 312
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TechCrunch+ roundup: 7 VCs who are taking pitches, AI best practices, zero-based budgeting

TechCrunch

Best practices for leveraging artificial intelligence and machine learning in 2023 Zero-based budgeting: A proven framework for extending runway Image Credits: Getty Images It’s critical to make every dollar count in this environment, but pulling back too much in the wrong places can reduce momentum across your entire organization.

Budget 230
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The β€˜IT Business Office’: Doing IT’s admin work right

CIO

Which is why many wise CIOs create an IT Business Office and make it responsible for alleviating the administrative burden for the IT organization, taking on responsibilities like the following: IT’s performance metrics and reporting systems: Doing metrics right isn’t easy. Just formulating them well takes a lot of effort.

Metrics 299
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Selling the C-suite on preemptive IT investments

CIO

But disaster recovery is just one example of projects that are of an important and preemptive nature that CIOs want to fund but find de-prioritized when it comes to budget approval. Budgeting, Business Continuity, Data and Information Security, Disaster Recovery, IT Leadership, IT Strategy The average cost of a data breach is $4.64

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How to get your CFO to buy into a better model for IT funding

CIO

In contrast, traditional organisations use a project-based approach to delivery, with temporary teams created on an as-needed basis for a specific purpose with budgets based on up-front funding estimates. If the scope is clear and easy to define up-front, it’s a great way to keep everyone on track and ensure teams are delivering to budget.