Insight Category: Transformation & Assurance

Read our perspective on how financial services firms are modernizing legacy technology to be in a better position to “win” today’s digital customer from Liberty’s own Alfredo Alvarez, Duane Block, and Chris Lockhart.

One of the most common questions clients ask is, “How do I go about hiring a CIO/CTO?” An organization’s technology decision maker plays a critical role in shaping its future; choosing one is a delicate process, as the decision will have an immeasurable impact on your business’s ability to grow and evolve.

For the better part of 20 years, investment in packaged ERP systems has been big business.  According to Gartner, worldwide spending on ERP program implementations, upgrades, and maintenance totaled an estimated $120.4 billion in 2012. The ability to systematically integrate functions of your business into a streamlined application has promised to provide greater operational efficiency, advanced data capabilities, and competitive advantages

Large corporations’ failures with large IT projects are – if not stemming from precisely the same issues – still failures in kind. By far the largest overarching mistake that corporations make is the tendency to view their transformational projects as belonging entirely beneath IT’s umbrella. As a result, they fail to accord these projects whole-business importance, and thus they lack active top-level business support and commitment, as well as a clearly defined economic business case.

As calendars turn to July and August, thoughts often turn to summer weather, baseball games and weekend getaways. However, in the hearts and minds of executives, this time of year also signals the commencement of another annual planning cycle.