Offshoring, onshoring, nearshoring, are business solutions that international and multinational companies have used for years. However, only a very small percentage of these companies have in-house tools that are effective at supply chain modeling and can help senior leaders (more…)
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Supply Chain Modeling and its Importance
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Kick Your Total Cost of Ownership – TCO Process up Another Notch
In an earlier blog, we examined why having a process in place to capture Total Cost of Ownership (TCO) is important for middle market companies, and even more so for Digital Technology organizations. We saw how any plan for taking out cost, driving revenue, or maximizing asset utilization, can be fraught with risk, without (more…)
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Building Blocks for IT Alignment and Integration
For better or worse, business and IT are inextricably linked and IT alignment and integration into the business and its marketplace is of critical importance. Middle market companies face numerous challenges such as mounting competition from global markets with cheap labor pools, a patchwork quilt of business systems and dealing with clients that expect companies to engage them when, where and how it suits them. Leveraging technology to meet these and many other business challenges requires that a business: (more…)
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Change Management in a Cost Takeout Environment
Everyone has been through “Cost Savings Programs” and “Cost Reduction Programs”, but what is the organizational impact of a true Cost Takeout process and what does change management have to do with it?
Key objectives for cost takeout programs are dependent on their time frame and may include: (more…)
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Digital Technology and the Importance of the Total Cost of Ownership
Digital Technology organizations are recognized as business enablers and an effective Total Cost of Ownership process is one of the critical tools they should bring to a business. Digital Technology professionals who understand and can articulate the complete business impact of technology products or services become indispensable strategic partners and are sought after by management boards. Revenue growth and increased profits are (more…)
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Should IT Infrastructure be in your Top 3 business priority?
Historically, IT Infrastructure has been viewed as a “cost center” and IT Operations “a necessary evil” because significant human and financial capital expenditures have been required to maintain a functional system. Over the last few years, middle market companies are beginning to realize that IT infrastructure can be used as a competitive advantage. It needs to be (more…)
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Approaching the Multi-Cloud Management Paradigm
McKinsey predicted in its 2016 IT-as-a-Service Cloud and Enterprise Cloud survey that enterprises are rapidly adopting Infrastructure as a Service (IaaS) cloud for their primary workloads. It predicted that the adoption of multi-cloud strategies will jump from (more…)
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Leveraging Technology for Your Next Wave of Productivity
Most leadership teams believe they have a pretty good handle on how well the company is doing from a cost and productivity standpoint. They probably do know the people side fairly well being that it is relatively easy to measure: $Revenue/$ of labor cost or $Revenue/person is a standard measure, while time standards for all sorts of activities are very common.
Attempting to understand how efficient their business processes are is (more…)
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Customer Journey Maps – Identifying Value Through Your Customer’s Eyes
‘Anything that won’t sell, I don’t want to invent.’ – Thomas Alva Edison
Not only did Edison distinguish himself through his technical acumen and limitless perseverance, but as this quote suggests he also possessed rare common sense and a willingness to step into his customer’s shoes. Many of his contemporaries (more…)
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Digital and Information Technology Practice News Announcement
“With the addition of its Digital Technology Practice, Group 50 is fast becoming the only Consulting Partner needed by middle market companies” (more…)
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