Successful organizations understand the importance of forming relationships with the right vendors. Many businesses make the mistake of choosing a vendor based on cost alone; however, this can result in…
Read More
Benefits of Vendor Management
Vendor management is an important, multi-stage process that involves initiating and developing relationships with goods and services providers. This discipline enables organizations to better control costs and mitigate risks. Many…
Read More
IT Portfolio Management Best Practices
As IT expenditures continue to rise, it has become more essential than ever to dedicate time to IT portfolio management. Through IT portfolio management (ITPM), businesses become better equipped to…
Read More
Change Management Communication Best Practices
Good communication is critical to the success of any type of change in the workplace. When everyone is on the same page in terms of new operations or processes, the…
Read More
The Vendor Selection Process
Nearly every business works with one or more vendors. Manufacturers that turn raw materials into finished goods are vendors to retailers. Retailers that sell finished goods are vendors to consumers….
Read More
What Is IT Management?
IT management can affect all aspects of your business and is essential for the long-term success of a company. What is IT management, exactly? It is the monitoring and administration…
Read More
What Is IT Portfolio Management?
IT portfolio management provides you with a rich source of data that you can use to guide decisions about your current projects. It emphasizes a focus on goals like revenue…
Read More