Several analyses tell us that the more integrated the IT department is in the business, and the better the IT strategy is integrated into the overall strategy, the better the company performs.
Yet we often see companies where the IT department is perceived as an appendix to the company. Almost as an external supplier which supports the daily operation and keeps the wheels turning in the engine room.
To put it bluntly, the IT department is unfortunately still perceived as the nerds who are hidden in the basement. Almost as a necessary expense. The IT manager is the “chief nerd”, who takes care of his own business and is not part of senior management. Nor expected to contribute to company’s strategy.
Admitted. This picture of the IT manager is very exaggerated. However, it is rarely expected that the IT manager contributes to business development or strategy. The IT department has their own isolated strategy, which is about supporting the business – not to actively contribute to running the business. It is a shame, because the most innovative and future-proof businesses are extremely focused in their approach to IT. Those who see IT as a major factor, not only in the operation, but also in the growth of the business. This is where the IT strategy and the business strategy are synchronized.
The CEO needs to understand to link IT to the business strategy in order to improve competitiveness, bottom line, productivity and growth. Technology and IT should be used as tools to modify and create new business models. This is why the top management should recognize that a close cooperation between top management and the IT department is the way to strengthen the entire business performance.
The IT manager needs to move from being a support function to being a business driver. The IT manager must be able to think both business and IT strategic and establish a clear relationship between the IT department's goals and strategy, and the company’s business goals. Thus, if top management does not understand how the IT department creates return on investment, it is the IT manager's responsibility to document and communicate this clearly to the top management.
With increased digitization, the company will be able to grow into a winning business which thinks commercially in relation to the IT strategy’s influence on the opportunities and risks.
In this scenario, the IT manager and the top management have a common understanding of the company's strategy and understand what kind of investments are required to implement the strategy. It is not necessarily about simply increasing the IT budget; it is about utilizing the technology and being open towards the opportunities it creates.
Those companies that understand to drag the nerd out of IT and into the business management, those are the companies that will do best in the competition. And that will show on the bottom line.
Columbus has entered a collaboration with InterForm, sharing the collective mission of future-proofing output management in M3 with the new user-friendly InterFormNG2 solution. Together, InterForm and Columbus have created an M3 package that includes standard document templates. However, InterFormNG2 can also be used across other systems, making it suitable for companies that use multiple systems
Like other industries, food & and beverage companies must initiate strategy planning and change management at the very start of bringing their business systems to the cloud. That’s the best way to avoid additional costs, effort, and business interruption. And the trick is to define value with a people mindset.
Right now, companies in the food and beverage industry have a lot on their plate. A key question how to meet all demands and at the same time reach all your business goals? Unifying your technology platform, business strategy and operations is necessary to stay ahead of your competitors. Companies have to keep up with increasing consumer demand for products that are healthy, ethical and environmentally friendly while at the same time meeting regulatory standards and minimising food waste. And, of course, they still have to do the usual work of keeping margins high, preparing for emergencies, ensuring product quality, staying innovative and minimising risk at every stage of production.
Artificial intelligence is changing the way businesses operate in a fundamental way, and Microsoft's Copilot is at the forefront of this transformation. With its integration into Dynamics 365 and the Power Platform, the future of customer relationship management and enterprise planning has never been more promising. Let's explore how your business can benefit from it. Artificial intelligence (AI) is everywhere. The latest McKinsey global research calls 2023 a breakthrough year for generative AI tools. Less than 12 months after generative AI hit the market, one-third of survey respondents say they can’t imagine their lives without these tools. By 2025, Gartner says 30 percent of outbound marketing messages from enterprise organizations will be generated from an AI. Today, 87 percent of organizations say AI will give them a competitive advantage. We believe they are right. Your business is on a path that will intersect with AI — if it hasn’t already.
With Microsoft Copilot users can create ideas and content faster just by describing what they need with the help of AI and natural language processing. Users will save time, boost productivity, reduce workloads and also break down data silos. So, the hope is that AI — and Microsoft Copilot — will help everyone do more with less. Since Microsoft introduced Dynamics 365 Copilot — the world's first Copilot for both CRM and ERP — along with Copilot in the Power Platform, there is great anticipation about how these advancements will impact the way we do business. For example, Microsoft introduced multiple built-in scenarios for their products: Microsoft Dynamics 365 Sales and Viva Sales augment a seller’s actions with AI-powered insights, such as generating content suggestions based on customer emails. Microsoft Dynamics 365 Customer Service can give agents 24/7 AI-powered support to find resources to resolve issues faster. Microsoft Supply Chain Center enables Dynamics 365 Supply Chain Management customers to better predict and act on disruptions. Microsoft Power Apps allows users to build an app just by describing what they need in natural language. Beyond that, Microsoft Azure AI tools and services allow you to build your own smart agents and services. This gives every company even more opportunities to stand out by using customer and employee knowledge and insights to increase loyalty, decrease turnover and build long-lasting relationships. With this launch, Microsoft democratizes AI, making AI capabilities formerly only available to IT and AI specialists accessible to a larger set of workers. Those among the first to capitalize on this opportunity and leverage the potential of AI will of course be ahead of the competition.