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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 — the people. Second, tally up all expenses.

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The ‘IT Business Office’: Doing IT’s admin work right

CIO

Among the unenlightened, running IT “like a business” is supposed to be best practice, delivering goods and services to internal customers who IT must fully satisfy, and who then pay for what IT delivers to them through the auspices of a charge-back system. Overseeing the IT budgeting process: Each IT manager has a budget to manage to.

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. Others include preparation for zero-day attacks, almost anything having to do with data stewardship, as well as IT training and social engineering audits.

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5 ways to maximize your cloud investment

CIO

No IT organization wants to get caught short on processing or storage resources that could negatively affect operations, or have to suddenly add resources that exceed the budget. In this way, you can take advantage of the cloud’s agile, on-demand approach with unlimited capacity without breaking the budget.

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10 digital transformation roadblocks — and 5 tips for overcoming them

CIO

Lack of vision A common reason digital transformation fails is due to a lack of vision, which along with planning is the foundation for digital success. 5, Insufficient budget Digital transformation can be expensive, and executive leadership teams that do not allocate enough budget to the initiative may struggle to succeed.

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Reinforcement Learning for Budget Constrained Recommendations

Netflix Tech

by Ehtsham Elahi with James McInerney , Nathan Kallus , Dario Garcia Garcia and Justin Basilico Introduction This writeup is about using reinforcement learning to construct an optimal list of recommendations when the user has a finite time budget to make a decision from the list of recommendations.

Budget 71
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IT Budgeting: Tips and Best Practices for IT Professionals

Kaseya

What Is IT Budgeting? IT budgeting is the process of allocating money to be spent on an organization’s IT systems and services. It includes budgeting for all technologies and projects across all departments within the organization. Why Is IT Budgeting Important? How Often Should IT Budgeting Take Place?

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