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Tesla’s share price dropped 13% over last week, in what was the stock’s worst week in roughly 18 months. The low represented an 18% drop in just a month. This loss has been chalked up to a variety of factors, including missed numbers and a poor showing in a safety test.
Manual content management takes up too much time to be productive. As we said in our last post in this series, employees in traditional/paper-based offices spend six hours a week on average searching for paper documents and eight hours per week creating reports. With productivity at such a premium, this time investment is not sustainable.
Last week, we identified legacy ECM systems as a target for cost reduction in IT spend. Their specialized nature and the parallel infrastructure they create introduce all types of ongoing costs and maintenance requirements. The Lean IT Blog writes:
Now that Russell Westbrook is the MVP of the 2016-2017 NBA season, one begins to wonder: what is the real MVP of the workplace?
The future is coming fast, and a reactive approach will never be able to keep up. As we build our information governance plans, we should not only use the present as a benchmark, but also anticipate what our business will need from it in the future.
Analysts are clamoring over Amazon’s recent $14 billion acquisition of Whole Foods. Some are calling it the first step in a move to (further) reinvent distribution, while the supermarket industry is casting Amazon as a “destroyer of worlds.”
As discussed in our prior post in this series, any lean IT organization should strive to eliminate waste in order to improve agility. One way to do this is to identify redundant platforms that may no longer fit into your business’ long-term strategy.
Content is everywhere, and its volume and variety continue to expand. Most experts agree that the data will double every two years at least, a 50-fold growth from 2010 to 2020.
For content management professionals, the need for proper information governance is readily apparent. Putting that need in the language that the c-level needs to hear can be a bit more complicated, however. Below are some common objections to rigorous information governance initiatives, and how to handle them.
IT systems are business systems, full-stop. As technology platforms mature, IT leaders should look for ways to improve the efficiency of their processes in the same way that a manufacturing or services business unit does. How we manage a supply chain can inform our strategy for optimizing our technology stacks and information management processes as well. This emerging philosophy of IT management has been branded “lean IT.”