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Why IT projects still fail

CIO Business Intelligence

IT organizations have worked hard to get away from the problems that had plagued their past project delivery processes. They have replaced expansive scopes, the waterfall methodology, and long timelines with iterative development, the agile approach, and multiweek sprints, hoping to avert the big failures that have littered IT’s history.

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The CIO's Four Views of IT KPIs

Future of CIO

In other words, more than just the IT budget) (9) IT ROI Ratio = (Net Operating Revenue – (Total Expenses – TCIT))/TCIT (10) Return on IT Investment = Net Operating Profit / TCIT Of course, the first time that you measure, it is pretty meaningless. And furthermore , the metrics will be different for different industries.

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CIO as Chief Improvement Officer: How do you Learn from IT Failures

Future of CIO

Lack of leadership sponsorship can surely hamper a project success, as well not committing qualified resources. Companies would have to make a tough decision to increase their bottom line or net operating income, but they must do so by first: investing in their employees so they are able to find better opportunities in the future.

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What is Greatest Risk in Risk Management

Future of CIO

The greatest risk will be a real business/reputation issue that is not being properly identified/managed. This is actually a very thorny issue where judgment still trumps any prescriptive RM standard : Identifying all possible risks is casting such a wide net that it is essentially an elusive goal.

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List of the world’s top female futurists (Update #5)

Trends in the Living Networks

Her recent trend reports and presentations include “Transhumanism, How to Train Your Cyborg,” “The Blockchain Effect,” and “The Fragmented Future of Finance.” She is the Chair and President of the South Korean Node of the Millennium Project and the author of the 2018 UN State of the Future report, Korean edition.

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