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10 AI strategy questions every CIO must answer

CIO

To counter such statistics, CIOs say they and their C-suite colleagues are devising more thoughtful strategies. Here are 10 questions CIOs, researchers, and advisers say are worth asking and answering about your organizations AI strategies. How does our AI strategy support our business objectives, and how do we measure its value?

Strategy 211
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What is data architecture? A framework to manage data

CIO

Data architecture goals The goal of data architecture is to translate business needs into data and system requirements, and to manage data and its flow through the enterprise. Shared data assets, such as product catalogs, fiscal calendar dimensions, and KPI definitions, require a common vocabulary to help avoid disputes during analysis.

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OKRs: A Simple But Awesome Strategy to Get Stuff Done

Evolution4all

They are strategies used to perform those tasks. Thus, it should include a Key Performance Indicator (KPI) that is quantified through a metric. Step #4: Review and analyse. You may find yourself revising your objectives or key results as you review your initial list. Note that tactics are different from the tasks.

Strategy 247
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Mitigating cyber risks: the essential role of collaboration for Middle East organizations

CIO

Ensuring strong credentials, enforcing multi-factor authentication (MFA), and regularly reviewing access privileges were emphasized as critical steps in securing sensitive data and systems. Patch management was another focus, with panellists highlighting the danger of leaving software and systems unpatched.

Security 160
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Building a stronger supply chain through automation

CIO

Business process automation (BPA) has become a cornerstone of our strategy this year. We would review the vendor changes from our thousands of vendors on a weekly basis — sometimes daily, depending on market prices — against contracts and timelines. To identify KPIs, you must collaborate with the business function.

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5 hot IT budget investments — and 2 going cold

CIO

At the same time, they are defunding technologies that no longer contribute to business strategy or growth. Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group. This should secure our business strategy for the next five years and longer.”

Budget 218
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RevPAR: A Vital Hotel KPI And Strategies To Improve It

Altexsoft

Revenue Per Available Room, or RevPAR, has emerged as a crucial key performance indicator (KPI) for assessing a hotel’s financial well-being and prosperity. The RevPAR Index can be highly advantageous for several reasons: It enables you to assess the effectiveness of your strategy compared to competitors. Revenue optimization.

Hotels 59