What is COBIT? COBIT is an IT management framework developed by the ISACA to help businesses develop, organize and implement strategies around information management and governance. First released in 1996, COBIT (Control Objectives for Information and Related Technologies) was initially designed as a set of IT control objectives to help the financial audit community better…
Innovation is without question the holy grail for companies. While there is an immense pressure to innovate, it remains elusive for most. Ninety-four percent of managers were dissatisfied with their company’s innovation performance in a McKinsey poll, while a KPMG study found that two-thirds of U.S. CEOs are concerned that they’re not disrupting business models.…
The business world has shifted over recent decades from the consumer economy (where price and savings drive customer decisions) to the relationship economy (where customer service and brand loyalty drive customer decisions). In addition, between smartphones, smart appliances, Bluetooth and data networks, daily life is becoming more integrated with each passing day. That means the…
Artificial intelligence and machine learning have been shaking up many areas of business, from cybersecurity to market analytics, bots and self-driving cars. But when it comes to core corporate functions, especially those where the risks of making bad decisions are substantial, the use of artificial intelligence is still in its early stages. Take, for example,…
Industry Week recently reported that two-thirds of the top 2000 Global CEOs will have digital transformation at the core of their corporate strategy by the end of 2017. More ominous, Gartner predicted at this year’s annual Data Center Infrastructure and Operations Conference, that enterprises risk falling behind their competition, unless they implement digital transformation projects…
Best known for his contribution to the science of evolution in the 1800s, Charles Darwin declared: “It is not the strongest or the most intelligent who will survive but those who can best manage change.” As we get ready to greet 2018, we’re surrounded by a world that is witnessing huge technological and social changes…
“Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it,” said Ferris Bueller during his famous “Day Off.” The sentiment applies to IT these days. You’re busy day-to-day keeping the lights on, integrating legacy and new technologies, and trying to support your business colleagues as they…
Last year, my predictions for digital transformation were focused on the core DNA that organizations needed to put into place to achieve world-leading performance and results in digital transformation. In addition to perennial themes such as leadership, people and cultural competencies, these new strategic themes for digital transformation included disruptive technologies, platform business models, digital…
Effective data analytics can be a competitive differentiator today, giving companies keen insights into customer preferences, product development and usage trends, and market gyrations that others don’t see. To get the most out of their analytics efforts, businesses need to assemble a highly talented team to make sense of all the data that’s coming in…
What do the zombie apocalypse and many businesses have in common? Answer: dead things that refuse to lie down and be still. The dead, brain-eating things businesses have a hard time killing are shambling, resource-eating projects. You know the ones. They’re projects where the meetings continue, team members still charge their time, but not only…