Most executives understand the power that technology has for their business and are investing more time and capital into refining their IT strategy. In addition, many businesses are gaining a…
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Business Intelligence: What Is It and Why It’s Important
Business intelligence (BI) can have a major influence on an organization’s business decisions by leveraging software and services to turn data into measurable actions. This technology-driven process has the power…
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What Is IT Strategy Consulting?
Information technology is integrated into nearly every area of a business. It is used to automate certain tasks, make products and services more valuable and promote efficiency in nearly all…
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How Financial Institutions Can Use the CECL Delay To Strengthen Their Business
First introduced by the Financial Accounting Standards Board (FASB) in June 2016, implementation of the Current and Expected Credit Loss (CECL) model is delayed until 2023 for most financial institutions….
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What Is IT Strategy?
Developing an IT strategy gives your company a comprehensive roadmap for how technology should be used to meet business goals. This written document explains the factors affecting how the company…
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How community banks can leverage data to measure profitability and create new revenue streams
Today’s customer has more options than ever before when it comes to banking their hard-earned money, including community banks, commercial banks, online banks and credit unions. As such, community bank leaders need to work hard to differentiate themselves from the competition. One way to do that is by getting to know the bank’s customers in order to reward their loyalty and offer products and services that match their needs.
GDPR, data governance and your business
Whether or not a company does business with EU citizens, leaders should consider GDPR a catalyst for stronger data governance within their organizations, and an opportunity to implement a customer-first mentality. No one wants their personal information to be used in unsolicited ways. Companies that respect their customers’ wishes will gain the ultimate reward – their loyalty.
How data breaches at nonprofit organizations impact the communities they serve, and the steps leaders can take to mitigate cyber risks
Nonprofit organizations are particularly vulnerable to breaches, mainly due to inconsistent security policies and the large amounts of sensitive data they collect and use in their daily operations. Often considered “soft targets”, cyber criminals increasingly go after nonprofits and other small businesses, which makes the situation even worse for these organizations. Hyper-focused on their missions, nonprofits often direct their limited funds toward serving their constituents. Unfortunately, this sometimes means that cybersecurity takes a back seat, and employees and volunteers are left in the dark about cyber best practices.
Looking to pursue a career in IT? Senior executives share their best advice on getting ahead.
Hartman Executive Advisors are senior executives with advanced business and technology skills. We asked what advice they have for students and young professionals pursuing a career in information technology. Their advice focuses on ways to stand out in the field and start along a path to long-term success.