August 5th, 2010
Mistake 1: Taking Existing Customers for Granted – Staying in tune with the needs of your customers and reaching out can help build loyalty and maintain sales
Mistake 2: Failing to Capitalize on Market Opportunities – Many great brands were launched during recessionary times
Mistake 3: Allowing Operational Inefficiencies to Persist – To keep the cost of delivering goods and services in line, you must continually find ways to reduce waste and eliminate inefficiencies
Mistake 4: Letting Problems Go Undiagnosed and Uncorrected – But you must first identify and prioritize existing problems then focus your time and energy on the most crucial
Mistake 5: Driving the Wrong Behavior in the Organization – If your corporate goals aren’t clearly defined, communicated, and measured, you’re missing out on an opportunity to encourage beneficial behaviors
Mistake 6: Failing to Offer Transparency – The economic crisis is leading business stakeholders and governments to demand greater transparency into company finances, operations, decisions and core performance metrics
http:// i.zdnet.com/whitepapers/SAP_Six_Mistakes_Companies_Are_Making_and_How_to_Avoid_Them.pdf
Posted in Business Tips | No Comments »
July 16th, 2010
CIOs using ROI to examine the value of an important IT project need to look beyond the number. Other factors that need to be analyzed are:
- the size of the initial investment
- the time it takes to break even or the payback period
- the time required to produce the return
http://tinyurl.com/28j9hpz
Posted in Budgeting for your IT | No Comments »
June 15th, 2010
Measurement – Google trends, detailed e-mail data, and ERP system data has radically improved Corporate performance measurement.
Experimentation – Virtual environments enabled through IT allow for testing and simulations at little cost.
Sharing – New ideas can quickly be shared across the enterprise.
Replication – IT makes it possible to quickly replace tools and documents that enable innovations to scale up across the enterprise.
http://tinyurl.com/2baqzhx
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June 15th, 2010
Enhance the quality of patient care
Decrease and avoid medical errors – could save at least 44,000 and as many as 98,000 lives in the U.S. per year
Increase the profitability of the practice or facility – could yield a net value of $77.8 billion per year once fully implemented throughout the U.S.
-Reduce costs
-Increase revenue
Improve the proper coding of patient encounters – defensible coding
Provide backup documentation for:
-Insurance company claims inquiries
-Malpractice allegations
Comply with HIPAA
Facilitate decision support, clinical trials, and medical research
http://www.providersedge.com/index.html
Posted in Electronic Health Records (EHR) | No Comments »
May 12th, 2010
Reports suggest that “by 2012 50% of enterprises in US will be using cloud technologies”. This article explain why earlier adoption of the cloud is beneficial for small businesses.
http://www.myrealdata.com/cloud-computing-and-small-business.html
Posted in Cloud Computing | No Comments »
May 11th, 2010
“Now that computing power has become dirt cheap and Internet usage ubiquitous, software developers are racing to put cutting-edge business apps into the hands of small firms in ways that could give a lift to the economic recovery”
http://tinyurl.com/24rqmcj
Posted in Cloud Computing | No Comments »
May 11th, 2010
The economy is showing signs of recovery… http://tinyurl.com/y3rybnt
Posted in Economic News | No Comments »
March 30th, 2010
This paper discusses considerations for SMB and the benefits of Cloud Computing
http://viewer.bitpipe.com/viewer/viewDocument.do?accessId=11904417
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March 10th, 2010
This article talks about what applications/functions companies should consider moving to the Cloud. Not all are appropriate and it’s not the same for every company.
Click to read: Guide to Cloud Computing
Posted in Cloud Computing | No Comments »