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Tag: Luis Vargas

Part 3: Find Your Innovation Champion

You’ve selected your project and you’ve lined up your KPIs. Now it’s time to drive that project forward and over the finish line. But how? It’s all too common for IT initiatives to get bogged down in bureaucracy, inertia, and poor communication. To overcome those obstacles, you need someone who can pilot the project from beginning to end. You need someone who can craft and share a vision of what the initiative will do, respond to objections, break through stumbling blocks, provide...

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Measuring Success: Understanding the Project’s Key Variables

by Luis Vargas You’ve put time and effort into selecting the right IT project—naturally, you want it to be successful. But what does “success” really mean? Without a clear definition, knowing when and if your project is truly successful is impossible. Clear, measurable targets, also known as Key Performance Indicators, or KPIs, are critical because they provide data that helps you track your progress. Good KPIs help evaluate the success of a particular activity and even help you...

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Maximizing Your Organization’s IT Investments

By Luis Vargas, Director, CFO Advisory This is part one of a seven-part series on maximizing your organization’s IT investments. Every organization must decide how to allocate limited human and financial resources across competing needs, and stakes are exceptionally high when selecting suitable IT investments. Research by McKinsey found that large IT projects run 45% over budget while delivering 56% less value than predicted. The same study found that 17% of IT investments...

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