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Best Practices in Creating a Strategic Finance Function
Many chief financial officers (CFOs) have started to take on new strategic roles. Their goals are to enforce stricter controls to ensure legal and regulatory

leading it function  research has shown that leading companies maximize the efficiency of transactional activities as a first step on the road to a more strategic approach. One globally diversified industrial manufacturer, for example, has been coping with the complexities inherent in an acquisition growth strategy that resulted in more than 60 acquisitions and an almost equal number of divestitures (55 in all). The CEO wished to hone in on the segments in which the company's product line led the market and exit those from wh Read More...
Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Documents related to » leading it function


HighJump Grows in a Period of Low Growth Through Adaptable, Broad Function Products Part Three: Highjump SCE Solutions
Besides the highly functional WMS, HighJump provides a comprehensive and adaptable suite of other SCE solutions. Thus, the company’s continued expansion

leading it function  in the past) towards leading ERP systems like SAP, Oracle , PeopleSoft and MAPICS , where the vendor features certified interfaces. That may indicate these ERP systems' drawbacks in terms of handling near real-time (vs. batch processing) and paperless inventory data. On the other hand, the likes of HighJump deliver real-time inventory information via imbedded RF technology that enables real-time scanning. Every inventory bin has a location number that can be scanned with a wireless device carried by a wor Read More...
Measuring the Business Value of IT
Many organizations do a poor job of measuring the business value of their IT investments. Simple financial metrics are not good enough. But there are a number

leading it function  Val IT material with leading practices and risk drivers for value management. Currently Val IT is focused on new IT investments future releases will expand its scope to include all IT services and assets. Val IT is comprised of three key processes containing 41 key management practices as follows (see Figure 4): Value governance optimizes the value of IT investments. Value governance consists of 11 key management practices that cover the establishment of a governance, monitoring, and control framework, pr Read More...
Function Points: Are They Really the Right Unit of Measure for Software Sizing?
Function points (FPs) are the most popular unit of measure for measuring the size of software. But because FPs were developed in the 1970s, are they not now

leading it function  industry and is presently leading Chemuturi Consultants, which provides consultancy in software process quality and training. Your feedback is greatly appreciated—please e-mail the author at murali@chemuturi.com . Read More...
KronosWorks 2013: The World's Leading Workforce Information Exchange
This year’s Kronos user conference took place in Orlando, Florida, and confirmed that Kronos remains a very competitive vendor in the workforce management (WFM)

leading it function  maintain its growth and leading position in the WFM market. Aron Ain did say that more acquisitions are in the works for the next 2 years, without disclosing any specifics. One possible extension of Kronos’ offering may be FSM—the Kronos team showed some interest in this application area when probed with direct questions about its future intentions. However, no one alluded to any possible turns toward other areas of the HCM space, such as HR, payroll, etc. Nevertheless, the partnership with SuccessFac Read More...
Four Key Questions: Ensuring Continual IT Innovation at CPG Companies
For many consumer packaged goods (CPG) companies, the environment is too complex to implement a new business process without upgrading the IT systems that

leading it function  Key Questions: Ensuring Continual IT Innovation at CPG Companies For many consumer packaged goods (CPG) companies, the environment is too complex to implement a new business process without upgrading the IT systems that support that process. Taking a consumer approach to upgrading can help. You need to seek out solutions that fit your CPG environment, can keep up with continual innovation, and more. But you always need to be thinking ahead. Learn more about developing an IT roadmap. Read More...
The Benefits of Focusing on a Niche and Serving it Well: EcFood - A Dot-com Making It
ecFood is a strategic sourcing vendor focused on the industrial food market. Its recent financial results prove that being highly focused can bring value to

leading it function  Benefits of Focusing on a Niche and Serving it Well: EcFood - A Dot-com Making It Event Summary Food and beverage industry strategic sourcing vendor ecFood , recently announced exceptional results for 2001 with dramatic increases in revenue, gross margin, transaction volume, customer acquisition and services. The privately held company closed out the year with record-breaking performance, including an 815% increase in gross margin from 2000 and revenue of $37.6 million. ecFood also acquired a major Read More...
IT Epidemic: Treating IT Client Relationship Breakdown
The frequency of breakdowns in the IT client relationship is reaching epidemic proportions. Indeed, an IT client breakdown is comparable to the onset of an

leading it function  Epidemic: Treating IT Client Relationship Breakdown The frequency of breakdowns in the IT client relationship is reaching epidemic proportions. Indeed, an IT client breakdown is comparable to the onset of an illness. If caught early enough, treatment is often relatively painless. However, if left to advance to the later stages, or full maturity, the treatment will not only be invasive, but also require significant recovery time. Read More...
Top Ten Reasons to Automate Your IT Processes
Today's IT infrastructure is more complex than ever. There are more applications, more servers both physical and virtual, larger global networks, and more data;

leading it function  Ten Reasons to Automate Your IT Processes Today's IT infrastructure is more complex than ever. There are more applications, more servers both physical and virtual, larger global networks, and more data; all of which needs to be managed. Businesses can't afford to solve this problem by continually adding to headcount. They have to find a way to manage it all more efficiently. This white paper explains the top ten reasons why businesses are adopting IT process automation. Read More...
IT Management and Development
The IT management and development business area focuses on developing the tools and resources required to understand, use, and manage IT infrastructure in order

leading it function  Management and Development The IT management and development business area focuses on developing the tools and resources required to understand, use, and manage IT infrastructure in order to help companies enhance their operational, tactical, and strategic capabilities. Tools for IT management and development can help companies control and measure the quality and effectiveness of their IT infrastructures, and manage software and hardware development tasks. Challenges related to IT management and Read More...
The Complete Systems Management Book: An Introduction to Integrated and Automated IT System Management
Effective IT systems management is a challenge, especially for midsized companies that must maintain sophisticated IT environments without the budgets of their

leading it function  Complete Systems Management Book: An Introduction to Integrated and Automated IT System Management Effective IT systems management is a challenge, especially for midsized companies that must maintain sophisticated IT environments without the budgets of their larger counterparts. This comprehensive guide provides IT newcomers—as well as experienced veterans—with all the information they need to understand the best ways to align people, processes, policies, and tools for a cohesive, streamlined, and Read More...
Is ROI King In Evaluating IT Investments? Part 2. Measuring the Impact of IT Investments
If the underlying business assumptions change, the cash flow projections may be critically flawed but the KPI’s can still be relatively reliable indicators of

leading it function  ROI King In Evaluating IT Investments? Part 2. Measuring the Impact of IT Investments Measuring the Impact of IT Investments Ray Tucker, CFO of the $1.3 B adhesives manufacture H.B. Fuller, finds, We can't really understand all of the benefits that will come from electronically enabling our business. We know that as we standardize on technologies we will grow our business. The benefits will probably come from places we don't expect to see them . Tucker states that the problem with financial analysis Read More...
Cognitive IT Solutions
Founded in 2002, Cognitive IT Solutions opened its doors in Manila, Philippines to provide outsourced Application Development Services to clients abroad.

leading it function  IT Solutions Founded in 2002, Cognitive IT Solutions opened its doors in Manila, Philippines to provide outsourced Application Development Services to clients abroad. Read More...
Understanding How Technology Is Transforming the Human Resources Function
There is no doubt that technology has played a key role in the transformation of human resources from an administrative function to a strategic partner. And

leading it function  How Technology Is Transforming the Human Resources Function There is no doubt that technology has played a key role in the transformation of human resources from an administrative function to a strategic partner. And while it cannot replace the “human” in human resources, you can also fail to fully leverage its capabilities. This white paper discusses what you need to do to maximize technology’s capabilities—namely, installing the right systems and overcoming natural resistance to Read More...
It Isn't the Fall, It's the Sudden Stop
Skillful management of transitions is essential for IT professionals. It is not simple and it not recognized when it is done right, but when done wrong, the

leading it function  Isn't the Fall, It's the Sudden Stop It Isn't the Fall, It's the Sudden Stop James F. Dowling - January 10, 2002 Introduction A multinational manufacturing company spent more than a year identifying a strategic acquisition of four divisions from a competitor. They performed a detailed examination of finances, products, customers and core design and manufacturing resources. After an additional three months of work obtaining clearance from shareholders and the Italian, German, French and United States Read More...

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