In simple terms LEAN is the application of thinking and tools to optimise processes through the removal of waste. Whilst applied widely across manufacturing, few organisations outside this sector have taken the LEAN principles and applied them to their enterprise functions.
Faced with increasing global competition, the lingering effects of the 2008 recession, including increasing regulatory pressure and more fluid working styles, businesses across all sectors must work faster and better to leverage efficiency, reduce costs and increase profit.
The IT environment does have an impact on enterprise valuation and the potential cost of integration of an acquired business’s systems is a consideration and this, along with other concerns, can be reflected in a reduction in the offer value.
By shifting the substantial capital expenditure on IT to a stable monthly operational cost with none of the financial risk, businesses can gain some breathing room to invest strategically for enhanced competitive advantage
More businesses are switching on to the need for more advanced, flexible and secure IT infrastructure, but a new CIMA survey reveals many are unsure where to focus their investment.
Compressing timescales with ‘light touch’ due diligence may seem appealing but the reality is that the core requirements of due diligence still have to be met. The challenge is how to identify the key elements within the IT landscape and be able minimise the data requirements to allow you to gain a ‘good enough’ view of the target
Shifting worker capabilities, a changing economy and ever more empowered and demanding customers have resulted in new working practices that utilise social habits to drive business value
One of the ways in which CFOs can exert additional control is through outsourcing. Some mission-critical functions are better suited to outsourcing than others, but IT should be high on the list for consideration
Providing services of any kind to mid-market companies presents very specific challenges and outsourcing is no different.