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3 Major Challenges Financial Institutions Face When Implementing Business Insight Technology

Strategy Driven

If you’ve been in the market for new business insight technology, such as a financial services analytics solution, the benefits of these are obvious. It’s usually the job of a bank’s chief financial officer (CFO), chief risk officer (CRO), or chief technology officer (CTO) to oversee tech implementation.

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How Technical Debt Opens the Door to Cyber Attacks—and Steps to Protect Your Small Business

Strategy Driven

Properly patched, up-to-date infrastructure is not going to stand in the way of the accounts payable clerk or chief marketing officer who clicks on the attachment to an email from some bad actor posing as a trusted vendor or prospective customer. Of greater consequence than obsolescence and patch management to Tech Debt 2.0

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The C-Suite Needs a Chief Entrepreneur

Harvard Business Review

This is not a CTO role or a role that reports to the CEO. You have the charm, charisma, enthusiasm, hard work, and marketing mind to encourage and drive your teams to think anything is possible. This means managing entrepreneurs who can navigate trends and market behaviors. ” You believe anything is possible.

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A Board Director's Perspective on What IT Has to Get Right

Harvard Business Review

online idea markets), the center of expertise for innovation support, and analysis across the enterprise. The spread of capitalism and the associated growth in emerging markets provide organizations of all sizes with an opportunity to participate in globalization. The New CTO: Chief Transformation Officer.

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Yes, Managing IT Is Your Job

Harvard Business Review

Instead of thinking about driving value from the perspective of IT, or HR, finance, sales, or operations, leadership teams will think about a problem they want to solve or a process they want to change, and then align the full breadth of services (IT, HR, operations) needed to accomplish it. The New CTO: Chief Transformation Officer.

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How IBM, Intuit, and Rich Products Became More Customer-Centric

Harvard Business Review

This seems to be a key question on the minds of not just marketers, but company strategists these days. This intensive customer focus has increased as technology-enabled transparency and online social media accelerate an inexorable flow of market power downstream from suppliers to customers. How well do you know your customers?