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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. Here’s how to develop this important IT muscle.

Banking 279
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What is a project management office (PMO)? The key to standardizing project success

CIO

The PMO works with a project’s business sponsors to articulate expected outcomes, establish metrics for measuring success, and then report on the returns generated by the finished project. Related reading: Understanding the project management office How to develop a PMO strategic plan What does the P in your PMO stand for?

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How to Think about Total Cost of Ownership (TCO) for a Cloud Analytics Migration

Datavail

Finally, when calculating TCO for cloud analytics, be sure to use the right metric. However, providers may use a wide variety of metrics to make their offerings appear less expensive. The right metric to use when comparing the cost of cloud providers is price per query, also known as dollars per query-hour.

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Objective and Key Results Implementation from Top to Bottom Overview

Evolution4all

How to Define a Company Mission Statement. Think about your skills, experience, talent and resources and how you can use them to contribute to the world. How to Strategically Plan for Your OKRs. It is vital that you identify the economic metrics of your success. Just make it huge and ambitious.

SCRUM 185
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The Basic Tenets of Objective and Key Results Implementation

Luis Goncalves

When a company is able to identify what they are doing, why they are doing it, and how they should execute their roles, they are able to achieve transparency. More importantly, they become truly aware of what success really is and how they can achieve it. How to Define a Company Vision. How to Define a Company Mission Statement.

SCRUM 202
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Avoid These Pitfalls When Measuring Your Strategy’s Performance

Harvard Business Review

This article explores three common traps that managers fall into when measuring their strategy’s performance and explains how to avoid them. The first trap is when the strategic framework and measurement system don’t align. To fix it, cascade rather than amalgamate your metrics. To fix this, focus on stakeholder outcomes.

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When and How to Review Your Growth Strategy

Altexsoft

The first step to understanding how soon you should be reviewing your strategy is to look at your strategy. When you wrote your growth strategy, you were setting out a plan for your business’s future. This plan included targets that you wanted to achieve. These targets are metrics of how often you should be reviewing them.