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6 best practices for better vendor management

CIO

And how well an IT leader deals with and orchestrates vendor relationships can mean the difference between a well-organized and efficient IT operation and a mess that costs an organization millions of dollars without delivering positive results. Here are several key tips for making the most of vendor relationships.

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Vendor consolidation a hot-button topic for CIOs as they try to manage the tensions between innovation and efficiency

CIO

CIOs have always had to find a balance between the need to deliver innovation and the need to establish operational excellence. In a report , EY highlighted five steps towards delivering innovation in a way that also achieves cost efficiency. However, this tension has become even more challenging in recent years.

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10 best practices when partnering for strategic skills

CIO

Collaboration with external partners allows enterprises to enhance their IT prowess, drive innovation, and bridge skill gaps more effectively amid a swiftly evolving digital landscape,” says Arpita Dwivedi, practice director at Everest Group. Double down on vendor management. IT Skills, IT Strategy, Outsourcing

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13 essential skills for accelerating digital transformation

CIO

Digital transformation is indeed a cornerstone of business strategy today, as 89% of enterprises see digital business as core to their growth, according to Gartner’s Board of Directors 2023 Survey. Strategizing for new opportunities Many of the most important capabilities for driving continued digital innovation are decidedly nontechnical.

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12 strategic tips CIOs can learn from tech vendor CTOs

CIO

Embracing change, fostering innovation, and maintaining a relentless focus on delivering value will serve CIOs well in this new era of digital transformation,’’ Purdy says. Here are 12 other tips tech vendor CTOs have to offer CIOs embarking on a more software- and services-defined digital journey.

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Workday to acquire external workforce management startup VNDLY for $510M

TechCrunch

Pete Schlampp, chief strategy officer at Workday, says as the face of work changes, companies need a way to manage contractors and VNDLY gives them that. “VNDLY is at the forefront of the vendor management industry with an innovative and intuitive approach. .

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3 key roles for driving digital success

CIO

This is a question I am asked often by IT leaders who prefer slowing down the pace of transformation and technology innovation. When working with teams, they should simplify vendor management and reporting, including financial and other KPIs. Digital Transformation, IT Leadership, Staff Management