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6 best practices for better vendor management

CIO Business Intelligence

And how well an IT leader deals with and orchestrates vendor relationships can mean the difference between a well-organized and efficient IT operation and a mess that costs an organization millions of dollars without delivering positive results. Here are several key tips for making the most of vendor relationships.

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Vendor management: The key to productive partnerships

CIO Business Intelligence

What is vendor management? Vendor management helps organizations take third-party vendor relationships from a passive business transaction to a proactive collaborative partnership. While working with IT vendors can help ease the burden on IT, it also raises concerns, especially around data, risk, and security.

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3 key roles for driving digital success

CIO Business Intelligence

Product and delivery leaders: Agents of change While there are many ways to charter a program and define leadership responsibilities, I recommend leading transformation initiatives with these two key roles. Product leaders are most responsible for a digital transformation initiative’s scope, priorities, and change management.

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10 hottest IT jobs for salary growth in 2023

CIO Business Intelligence

As companies vie for talented tech workers to meet skills gaps in their organizations, the demand for certain tech roles has increased. Skills such as software engineering, architecture, cloud, and program management are highly sought after as more companies explore creating both internal and external applications and solutions.

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Vendor Risk Management & Complying With GDPR 

Galido

Among these is putting in place a robust vendor risk management program to help in identifying, tracking, and monitoring your firm’s risk exposure. To be ready for GDPR, companies will need to overhaul some critical business operations, and their vendor risk management programs are among them.

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10 highest-paying IT jobs

CIO Business Intelligence

The demand for specialized skills has boosted salaries in cybersecurity, data, engineering, development, and program management. 1. IT management It’s no surprise that IT executive positions earn some of the highest average salaries, with Dice reporting an average yearly salary of $164,814 in 2022 — an 8.4%

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10 best practices when partnering for strategic skills

CIO Business Intelligence

“For the more specialized IT needs, there just aren’t enough people to meet the demand,” says Michael Manos, CTO of Dun & Bradstreet. There are also leveraging crowdsourcing platforms, direct sourcing agencies, and freelance marketplaces, as well as nonprofit programs with expertise in specific areas such as sustainability.