Technology's Role in an Effective Enterprise-wide Operational Risk Program

The current focus in operational risk management is on enterprise-wide data capture across loss events, key risk indicators and self-assessments, with follow-up actions based on triggers. A system should satisfy regulatory requirements, such as Basel II and the US Sarbanes Oxley Act, and be built in a manner that minimizes the impact of changing business management functionality.

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11 Criteria for Selecting the Best ERP System Replacement

An enterprise resource planning (ERP) system is your information backbone, reaching into all areas of your business and value chain. That’s why replacing it can open unlimited business opportunities. The cornerstone of this effort is finding the right partner. And since your long-term business strategy will shape your selection, it’s critical that your ERP provider be part of your vision. Read More

Edge Consolidation Delivers Peace of Mind for IT

  • Source: CIO
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To increase agility while lowering costs, information technology (IT) organizations are using virtualization and cloud-based infrastructure services to consolidate and reduce the number of physical servers and data centers across the enterprise. As organizations consolidate data backup and disaster recovery operations, wide-area network (WAN) optimization plays a key role in mitigating risk without sacrificing performance. Find out how to balance data protection and application performance, and... Read More

The Business Case for Compensation Technology: How Better Enabled Compensation Teams Can Improve Organizational Outcomes

  • Source: IBM
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Despite the foundational role compensation plays in talent strategies, many organizations continue to manage compensation market analysis, strategy development, and program administration using spreadsheets. Managing compensation processes in spreadsheets can be done, and can even be done well in some cases. But the pitfalls of handling complex compensation tasks in spreadsheets are well known: spreadsheets are prone to human error, require a high level of expertise to move beyond simple analysis,... Read More

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Program Management Office: A Term Not Fully Understood

The term program management office (PMO) has been around for some time. Its core concepts, methods, and benefits have remained constant, while resources and tools have changed somewhat over the years. But not understanding what a program office is and when it should be leveraged is a common pitfall and reason for failure. Find out more about the program office, and its roles, processes, and responsibilities. Read More

Sustained Growth through Operational Excellence: Spotlight on Operations

  • Source: The Economist
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Embarking on an operational excellence strategy should not be undertaken lightly. As with most company-wide initiatives, success requires planning, commitment, measurement, and continuous follow-up. Find out what senior executives from around the world think about how to achieve operational excellence, and the questions you need to ask to develop a winning operations strategy and achieve sustained growth. Read More

Operational Excellence: Enabling Sustained Growth Spotlight on the Americas

  • Source: The Economist
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Companies in the Americas should lead the world in growth through operational excellence—but they don’t. A 2008 survey shows that less than half promote insight into operations by investing in enterprise resource planning (ERP) and customer relationship management (CRM) software. Companies in the Americas also lag behind Asia-Pacific firms in revenue growth and customer satisfaction. Read more of the survey results. Read More
 
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