Take the Time to Protect your Scarcest Resource

Your Scarcest Resource HARVARD BUSINESS REVIEW (HBR), MAY 2014 Summary: Most companies have elaborate procedures for managing capital but allow the management of time to go largely unmanaged. Leaders must treat time as a scarce resource and invest it prudently. Companies are awash in e-communications. Executives spend more than one day a week managing electronic communications (email, im, virtual meetings, tweets, etc.). Meeting time has skyrocketed. Executives spend more than two days a week in meetings involving two or more Read More …

Effective Vendor Governance Requires Business Alignment and Executive Commitment

Effective Vendor Governance Requires Business Alignment and Executive Commitment GARTNER, May 29, 2015 Summary: 60% of IT budgets are spent on externally provided IT products and services. Gartner’s 2015 CIO survey indicates that 38% of the IT budget is currently spent directly by the business, growing to 50% by 2017. Despite an enterprise’s growing dependency on outside vendors, strategic vendor management (SVM) continues to lack the required governance to effectively manage vendor relationships. SVM competency is immature, compared to other Read More …