Do You Have a Clear View of Your Market?
June 18, 2019
You may know your company inside and out, but it is much more difficult to know the moving pieces in the industry around you. By industry knowledge, we don’t necessarily mean well-worn metrics like annual forecast demand or largest buyers, though these are important. Rather, we’re referring to a deeper knowledge of the market’s ins and outs: current and future players, underlying trends, weaknesses, and possible disruption points. While it may seem like a lot of work to stay up-to-date on market forces and your competitors, it’s definitely worthwhile to maintain a macro-level perspective of business activity occurring around you and your company.
Read MoreWhile everyone recognizes the need for a solid HR department headed up by a reliable CHRO, they can often get left out of the broader strategic company loop. As a CHRO, it’s important to make room for yourself at the conference table so you’re not only always aware of business decisions and strategies, but can contribute to them as well. In other words, what can you do to ensure that you’re not only advocating for yourself and your department, but demonstrating value and providing insights for the company as a whole?
Read MoreSimilar to financial debt, technical debt isn’t automatically bad. Well managed tech debt can bring your company great benefits. Basically, technical debt is the result of development teams who push to rush a project in a knowingly imperfect manner to achieve a deadline. It’s the result of a company choosing speed over quality. It can also sometimes be referred to as design debt or code debt. There are three basic kinds of tech debt: Intentional, Unintentional, and Unavoidable.
Read MoreThe early stages of a business are great way for any department, especially HR, to demonstrate company-wide value. However, when things start to stabilize and the growth cycle plateaus, how does your HR department continue to show just how important you are? And you are important!
Read MoreIt’s typical for companies to look at their goals’ progress on a quarterly basis. While this can be helpful, it results in having to wait 3, 6, even 9 months to make adjustments if you’re not making progress. So, now is always the time to think about your goals.
Read MoreStrategically placed milestones and benchmarks can make a huge difference to the success of your Master Data Management team. All endeavors benefit from motivation. A large project that impacts your entire organization such as an MDM solution is no exception. You need to have some quick wins scattered throughout the project to prove value early on.
Read MoreWhen you are planning to implement a Master Data Management strategy in your business you need to make sure you have the right team assisting with the process. MDM big, complex and important. Plus, it’s getting bigger every year. The MDM market is expected to have a 15.6% CAGR over the next five years. Having the right people involved from the start can make a world of difference when you take on an MDM project.
Read MoreWe work in an age of constant technological advancement. As younger generations enter the workforce, so to comes a need to adapt to a more technically savvy employee. You can get the ball rolling as early as your onboarding by incorporating virtual reality (VR) and other on-trend tech applications. An employee’s first few months at your company is pivotal. That’s when they establish expectations of their job.
Read MoreThe most important step in starting an MDM solution (and really any project) is to listen to the people involved. In order for an implementation to be successful you need the voices of all stakeholders.
Read MoreAll businesses participate in some form of training. But what’s your objective? Does your company put employees through training to check off a box? Is it to improve employee engagement and morale? Maybe you want to have a reputation for investing in staff development? These are all good reasons.
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June 18, 2019
June 18, 2019
June 18, 2019
June 18, 2019