News You Can Use: 10/28/2015

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  • Millennials: Entitled or Just Ambitious?
    As they come into their own professionally, millennials are shifting corporate culture and the way companies are organized. In this video, Jamie Notter, co-author of “When Millennials Take Over” digs deeply into common millennial values and how they’re changing the ways top companies compete for premium talent. Unlike previous generations, millennials aren’t satisfied with years of “paying their dues” in positions of low responsibility. They want autonomy, transparency, and a sense of mission. Expect to see the tides continue to shift in this direction as the emerging generation takes the reins in the coming decade.
  • Your Best Ally For A Big Data Budget

    Under pressure to provide better information on their businesses, CFOs are beginning to latch onto the possibilities that big data and analytics offer for their own financial reporting. A survey by Ernst & Young found that 90% of the 500 responding CFOs and others with financial titles expect to be reporting on forecasting, sustainability, and corporate social responsibility within three years. That effort will take some investment, and CPOs can perhaps make a case that with their management of the supply chain they can help, if they have the resources.

    http://www.procurementleaders.com/blog/my-blog–paul-teague/your-best-ally-for-a-big-data-budget-575274

  • Why Dell acquisitions strategy beats the industry’s Frankenstein approach

    Dell’s method was developed initially at IBM to preserve the value of the acquisition. It does that by shifting the focus from conformance to focusing on the value of the company acquired. The first step is to identify and protect the assets that were acquired and then not doing anything to damage what was purchased. In general the firms culture, process, compensation plan, span of control, executive team, hiring process, and even location remain intact.

    What gets changed are things that can be done behind the scenes to cut costs and increase execution. For instance, it is common to use Dell’s advanced supply chain to increase the speed of the acquired firm’s execution and reduce its costs. If the change makes financial sense and doesn’t put the identified assets at risk then it is put into the plan, if it doesn’t it isn’t.

    http://www.cio.com/article/2997155/mergers-acquisitions/why-dell-acquisitions-strategy-beats-the-industry-s-frankenstein-approach.html#tk.rss_all

  • How to cure the Sunday night blues
    I am definitely someone who suffers from Sunday night blues and of all their suggestions, this is the one that I deploy to keep it in check…

    While it’s tempting to dash out the door on Friday evening, you might be doing yourself a big favor if you take a bit of time to organize the following week first, O’Brien says. Or, take a few minutes on Saturday morning to plan what will need to be done on Monday, ensure you have the information and resources you need to complete those tasks, and identify any obstacles or challenges so they don’t catch you by surprise.

    http://www.fastcompany.com/3052390/how-to-be-a-success-at-everything/how-to-cure-the-sunday-night-blues

  • CIOs turn to cloud-based analytics to manage IT asset costs
    I want to know more about this Apptio services to see if it is legit…

    LaPlaine says he started off with rudimentary calculations, using Apptio to figure out total IT costs divided by total IT assets. This revealed data duplications in the general ledger, missing lease costs and other bad data. “We spent a ton of time cleaning up data … now we have a very rich model,” LaPlaine says. He counts 25 IT services in AOL’s service catalog, which produce 70 invoices every month to run and support IT services, including public cloud software from Amazon Web Services and Salesforce.com, as well as kilowatt power costs its IT systems generate. LaPlaine, who sends the corporate finance department a file with the costs every month, says he’s also using a new planning tool from Apptio to build his IT budget for 2016

    http://www.cio.com/article/2996559/cloud-computing/cios-turn-to-cloud-based-analytics-to-manage-it-asset-costs.html#tk.rss_all

  • More on Apptio… (from 2009 and not directly published from the company)
    Here is something from the company…
  • Make Your Company More Like a Family to Attract Talent
    This is easier said than done with HR policy and in companies with a downsize requirement.  That being said… I lean more towards this style than not (and did so when I had my store)

    Beyond earning insight into a company’s operating information, employees need to feel like they’re given ample opportunity for personal development and that the company is invested in making that development happen. Sixty-one percent of highly talented managers work to leverage and develop employee strengths and attributes,according to Gallup. I’ve prioritized investments into a leadership development program that teaches basic management skills to current and future managers. Better leaders help motivate and inspire employees. In turn, those new leaders will live up to a company’s values and reinforce its culture.

    http://www.entrepreneur.com/article/249793

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