Outsourcing
Chief Executive, 6/02: The Evolution of Outsourcing
The next step for many companies is "transformational outsourcing," allowing them to leverage strategic relationships to enhance their own capabilities.
By Michael J. McDermott
Enterprises choose to outsource various functions for all kinds of reasons. The most common ones, according to the Outsourcing Institute, are to reduce and control operating costs, to improve company focus, to gain access to world-class capabilities and to free internal resources for other purposes, in that order. While all are valid reasons, in some important respects they are more retrospective than indicative of where outsourcing is headed.
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IT Management
Optimize, 8/02: If Money Talks, CIOs Should Talk Money
You have a better shot at getting budget approval, even in this tough economy, if you explain IT requirements in terms the CFO will understand
by Linda Hughes and Peter Faletti [ About the Author ]
As budget negotiations for fiscal 2003 proceed, CIOs undertake the job of negotiating with their CFOs for IT project approvals, which is no simple task. Despite the ongoing economic worries, you can make this a more positive experience if you learn how to communicate effectively with your CFO and find common ground. It's a vital lesson any time of year, but even more pressing now.
We keep hearing that corporate success depends on a productive relationship between the business and IT leadership, which in turn results in technologies that improve operational performance and keep the company competitive. Many CIOs are forging ties with CEOs and top business leaders, becoming savvier about the direction of their business and how IT can support and enhance strategic goals, and holding their own when it comes to discussing the company's business strategies. Yet nitty-gritty budget discussions with the CFO still cause some jitters.
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IBM
Business Week, 8/1/02: IBM's Palmisano Sets His Course
But if the new CEO stumbles in integrating PwC's low-margin consulting business, IBM's stock -- and his reputation -- could take a beating.
Since his ascension to Big Blue's throne in March, 2002, IBM (IBM ) watchers have studied new CEO Sam Palmisano's actions in the hope of gleaning clues about his intentions for the world's No. 1 technology company. In offering somber earnings news, announcing minor layoffs, and selling some marginal business lines, Palmisano didn't much tip his hand.
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CSC
Infoworld, 8/1/02: CSC meets profit
By Juan Carlos Perez
IT SERVICES PROVIDER Computer Sciences Corp. (CSC) on Wednesday met analysts' earnings expectations but fell slightly short on revenue for the first quarter of its 2003 fiscal year, which ended June 28.
CSC posted net income of $79 million, or $0.46 per share, meeting the consensus forecast from analysts polled by Thomson Financial/First Call and posting a substantial increase over net income of $47.7 million, or $0.28 per share, in 2002's first fiscal quarter.
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Wireless
Computerworld, 8/1/02: Pentagon to issue wireless disconnect order
By DAN VERTON
LAS VEGAS -- The inherent insecurity of wireless devices is now a matter of national security.
John Stenbit, the Pentagon's CIO, said this week that he plans to issue new policy guidelines that will ban most if not all wireless devices within military installations. The change in policy comes only months after Computerworld first reported the results of wireless security audits at major U.S. airlines and the facility housing the U.S. Defense Department's global network operations center.
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