In “Behind the Scenes Part 1: Your Organization’s IT Governance & Service Management,” we discussed gaps in IT governance and how it can negatively affect companies. There are several ways to measure the effectiveness of your IT governance, but there is no one size fits all tactic.
Good IT governance isn’t about checking boxes or finding someone to point fingers at when something goes wrong. It takes an organizational culture shift where everyone knows what it is, why it is important, their role in it, and how they help or hinder good governance.
Digital transformation is at the core of keeping a business competitive. Relying on the old formula of people, processes and technology alone doesn’t work. Organizations must now embrace the fourth pillar of digital transformation—data.
Whether it’s siloed information lacking in insightful connection points, massive quantities of data too daunting to process, or negative past experiences, key decision makers are making moves based on gut instinct rather than facts.
The best strategies for managing supplier data really depend on what’s best for your business, but there are a few proven ways that can yield results no matter your needs.
The key to creating compelling supplier diversity reports—the kind of reports that make the C-suite want to know more about your work—is collecting smarter data and using it in smarter ways.
What makes your data valuable? What are the obstacles preventing rapid time-to-value? How do you truly achieve rapid value from Business Intelligence (BI) and Analytics? If you have found yourself asking these questions about your organization’s data, you are not alone.