I love finding validation for my business ideas, especially when it comes from such a respected resource as AICPA. Recently, an article was posted under their "The Practicing CPA" column called "Improving Your Firm's Technology Strategy by Dispelling Myths". In his article, Donny Shimamoto, brings up 4 points that we come across all too often.
Key Performance Indicators are business metrics used to evaluate factors that are crucial to the success of an organization. They help a company stay on track towards its goals and objectives, analyze performance against its market competition, and evaluate the need for change and/or efficiency in key measurement areas.
Your technology needs to produce a return on investment. If it doesn’t, you’re wasting you and your staff’s time and money. But how can you ensure you gain that coveted ROI you’re after? What does it actually mean to have a positive ROI? And how can you tell if you have one? Here are a few tips for calculating the true costs of a new technology investment.
Whether or not to monitor your employees’ computers can be a tricky decision. While part of you may think it’s unethical, you also may question if your staff are spending too much time on non-work related activities, and taking advantage of you in the process.
We may expect to find computers everywhere these days, from our offices, schools and airports to our pockets and wrists, but until now there’s not been much call for computers in our hospital operating rooms. But new technology is making waves in healthcare circles and could even save lives by helping surgeons and physicians make life and death decisions.
If you’re not an IT professional or have an in-depth knowledge of technology, computer terminology can seem like a foreign language. While you certainly don’t need to be fluent in geek speak, having a basic understanding of it can help in a number of ways.
For the past year Strem Chemicals, a Massachusetts-based company which manufactures and markets specialty chemicals, has utilized virtualization. This process has seen them improve in several areas such as cost reduction and even disaster recovery. This is one of thousands of companies that has saved a substantial amount of money since incorporating virtualization into their business model.
Between your customers, vendors, employees and other moving parts of your organization, it can be difficult to find the time to focus on your business. On a daily basis, you likely have to deal with dozens of tasks, and oftentimes don’t finish them all.
If you think the idea of working from home sounds too good to be true, it’s not. Since the advent of the Internet, many business owners are open to the adoption of telecommuting, a strategy that allows their employees to work remotely in order to save commuting costs and time while increasing productivity.
As an IT service provider, we have watched our core services become commoditized as technology evolves and becomes more entrenched. My good friend and bestselling author Ian Altman (www.growmyrevenue.com) told me, “The best way to not sell in a commodity business is to not sell in a commodity business.