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7 signs it’s time to modernize your IT systems

CIO

The bad news, however, is that IT system modernization requires significant financial and time investments. On the other hand, there are also many cases of enterprises hanging onto obsolete systems that have long-since exceeded their original ROI. Kar advises taking a measured approach to system modernization.

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CIO metrics are failing digital transformation; it’s time to radically rethink success

CIO

However, the metrics used to evaluate CIOs are hindering progress. IDC’s CIO Sentiment Survey, July 2024, n = 395 The gap between digital transformation aspirations and outcomes is partly due to how CIOs and IT leaders are measured. These metrics are for a “run the railroad,” traditional, back-office IT organization.

Metrics 192
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TechCrunch+ roundup: Pricing strategy, technical due diligence, pitch deck appendix fever

TechCrunch

In his latest TC+ post, Michael Perez, director of growth and data at VC firm M13, shares five questions he uses to devise pricing strategy frameworks , along with three value metrics and a detailed measurement plan for GTM strategy. 7 ways investors can gain clarity while conducting technical due diligence. Here’s why.

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Security is dead: Long live risk management

CIO

Unfortunately, many organizations still approach information security this way waiting until development is nearly complete before conducting security reviews, penetration tests, and compliance checks. This means creating environments that enable secure development while ensuring system integrity and regulatory compliance.

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5 tips for better business value from gen AI

CIO

Specify metrics that align with key business objectives Every department has operating metrics that are key to increasing revenue, improving customer satisfaction, and delivering other strategic objectives. The CIO and CMO partnership must ensure seamless system integration and data sharing, enhancing insights and decision-making.

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Six steps to creating a successful IT strategy: A guide for CIOs

CIO

This means conducting a SWOT analysis to identify IT strengths — like skilled talent, relevant technologies, strong vendor relationships, and rapid development capabilities — and addressing weaknesses such as outdated systems, resource limitations, siloed teams, and resistance to change.

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3 recruiting metrics that can help startups make more data-driven hiring decisions

TechCrunch

According to Harvard Business Review , the price of a bad hire is 30–50% of their salary, which can hit startup budgets hard in 2023. A good start is to track these three metrics: Startup founders have to focus on the key resource for their early-stage startup to survive and grow — the people. Second, tally up all expenses.