Remember, IT is the brain of your company. So here are some recommendations to run smarter, not harder.
1) Increase Automation (and Margins!)
First, assess your entire business spectrum and rank each segment for margin gain potential with automation. Then plot that with difficulty. Then target one initiative that falls into the sweet quadrant.
2) Add "Global" & Profit Maximization To Revenue Management Techniques
Many organizations are only touching on total revenue management and not optimizing globally or real-time. Spend money on this - it's a high ROI.
3) Use Open Source Software As Much As Possible
Yes, there is a free lunch. Software that is more secure, more reliable, more maintainable, and free! Most open source projects are the pet hobby of the world's best programmers. You're crazy not to take advantage of this.
4) Become More Virtual
Virtual working buys you better employees (who don't like to move or travel), big savings in office overhead, less travel cost and productivity loss, and faster operations. Time to get over "out of sight" - you just need better work management techniques - they are there!
5) Become and Accept More Mobile
Smart phones / tablets are everywhere now. 50% of buying now via mobile. If you are not selling and operating with mobile - your company is a walking, dead zombie.
Last But Not Least
6) Singularity Is Here
You must annually re-assess your entire IT operation, including your executives to keep pace - if you don't, your competitors are.
Tiger Nassau Home Page
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