Logical CEO

Are your companies Asset utilization is less than 95 %? Are you looking for new method or invention to save cost?

Dec 12

Posted by admin in IT Asset Management | 1 Comment

Are you facing challenges in SAM – Software asset Management? Are you facing challenges in Hardware asset management? Not able to track hardware and software on or near to real time? Are your companies Asset utilization is less than 95 %? Are you looking for new method or invention to save cost in? Are you looking for an Effective Asset Management System in your organization?

Are you looking for 15X Return in 180 Days?

We would like to introduce one of the innovative method or invention titled “DYNAMIC INVENTORY MANAGEMENT AND VISIBLE REPOSITORY OF DEPLOYED IT ASSETS”. Currently, the specifications are available in English Language.

Please contact us to proceed to the “Specification” to get the details on the invention or method. We plan to license the said method or invention to interested parties. Alternatively, interested parties could forward their business proposition or offer in hope that the deal could mutually benefit and agreeable by both parties before a formal contract or agreement is concluded.

For interested parties, kindly forward your enquiries, business proposition or offer to either sales@avoidcost.com

Should you require further details as to how the method or invention works in the said environment, please contact us for the “About the Invention” . Any constructive feedbacks from readers, organizations, business persons and principle companies are most welcomed.

Status Update as of 12^th Dec 09 – We are in discussion with:

…. 1 large Company
…. 2 Small Companies
….0 Principle Companies
… 2 Organizations
…0 Business Persons

Regards,
For AvoidCost.com

http://www.itassetmanagementsystem.com/

http://www.itassetmanagementprocess.com/

http://www.avoidcost.com/

Top Ten Asset Management Tips

Dec 24

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For CIOs and IT managers who are considering implementing an IT Asset Management (ITAM) program, there are specific steps that should be taken to ensure program success.
Unfortunately, many ITAM projects fail to meet their objectives, with an industry average success rate of only 40 percent to 60 percent. The following tips outline the steps executives and IT managers can take to improve performance and achieve a success rate of 95 percent or better.

Top 10 Tips for Successful IT Asset Management Programs

1. Get senior management support. ITAM crosses organizational boundaries, so it requires management at a high level to get all the stakeholders on board.

ITAM programs typically represent a significant financial investment and commitment by the parties, so senior management support is crucial to success.

2. Dedicate qualified and trained professional resources to the ITAM program. ITAM programs require the attention of trained and qualified professionals in order to be successful. The business processes that maintain data accuracy must be implemented then continue to evolve as the organization changes and grows.

Without the trained eye of a professional with technical and business process knowledge, you could be jeopardizing the time and money you’ve invested in the ITAM program.

3. Prioritize ITAM needs definition. Companies have a tendency to rush into the inventory and software implementation aspects before taking the time to sufficiently identify and define the goals of the ITAM program.

The ITAM program’s measures of success should be clearly defined and agreed upon with senior management and relevant stakeholders prior to embarking on any implementation tasks.

Related Articles4. Start small. Many large projects fail because the organization expects too much and bites off more that they can chew.

Recognize that ITAM requires adherence to a new discipline. One that is not achieved very easily. Implement ITAM in realistic phases in which each phase gains credibility and builds toward the ultimate goal.

Scoping the project too large risks failure and loss of credibility that can be difficult to overcome later.

5. Examine the asset lifecycles. Once all the needs and constraints have been defined, examine the lifecycle of the assets in question. Processes must be developed to capture the appropriate data at each stage of the lifecycle of each individual asset.

Since ITAM is 90% process, and only 10% tools, invest sufficient time and energy to define the data elements which must be captured and the flow of data throughout the asset’s life.

6. Select appropriate software tools. Software tools should be carefully selected to meet all of the defined needs as well as accommodate your organization’s flow of data. The software should adapt to fit your organization rather than your organization adapting to an inappropriate tool.

7. Implement ITAM process auditing and evaluation procedures. Imposing ITAM processes takes discipline and constant monitoring to ensure that all participating individuals, departments and stakeholders are correctly following and adhering to the agreed upon procedures.

Without process auditing or evaluation mechanisms, ITAM projects can get derailed without achieving their value proposition. This makes it difficult for you to identify and fix problems.

8. Build in mechanisms for correcting ITAM data inaccuracies. Data integrity is vital to any successful ITAM program, so you need mechanisms for analyzing and efficiently correcting inaccuracies when they occur.

Inaccuracies can be caused by deviations from ITAM procedures or by unforeseen events or circumstances that disrupt the ITAM process. Hand-held scanners and emerging RFID tags are examples of tools that can quickly identify database inaccuracies so they can be reconciled and corrected.

9. Periodically review the ITAM program. Like any system that is vital to your organization’s operation, ITAM programs should be periodically reviewed to ensure achievement of the defined goals, objectives and benefits.

A quarterly review of the ITAM program is recommended so that successes can be measured and problems can be identified and corrected. Further, this review time can be used to find new uses for the data to benefit additional areas of the organization.

10. Advertise your success. Demonstrate the value of the ITAM program by sharing data with appropriate personnel at various levels within the organization. Then promote your successes within your organization to get ongoing support from senior management as well as other departments.

Professor Guru is CEO and founder of Avoidcost.com, an asset management consultancy. Professor Guru has 15 years of IT experience designing and implementing results-oriented technology solutions for all accross Globe for multi billion companies.

www.gnoida.com

www.itassetmanagementprocess.com

www.itassetmanagementsystem.com

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Meeting the Challenges of IT Asset Management

Dec 23

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Tracking IT assets has become more complex as the nature of these assets has rapidly changes. Given these changes, how should IT manage its assets?

Managing corporate assets has been an essential function of every enterprise, and now IT is being pressed to do the same with its technology assets. To learn how this change came to be, what assets should be measured, and what’s driving the need for IT inventories.

Enterprise Strategies: What kind of assets need to be measured? How has this changed in the last 10 years? How do you expect it to change in the next 10?

The diversity of technology asset classes and their total count has grown exponentially over the past few years. As technology-driven innovation continues to penetrate new industries and business functions this diversity, the count is going to grow even more dramatically. IT assets will need to be measured for a variety of business, risk, and operational management reasons in the future.

Looking backward 10 or 20 years, IT assets primarily resided in a data center — large and easily countable mainframes or minicomputers, storage devices, and networking equipment sitting in highly protected environments.

The client/server evolution of the early 1990s, and then the dramatic impact of the Internet in the late 1990s onward, has changed this scenario. From a few big boxes, the world of IT assets has grown to include millions of desktops and laptops, hundreds of millions of PDAs and other handhelds, to a growing number of IP-based telephony and similar equipment. The data center has evolved from a few mainframes to thousands of mid-range servers and blades, some of which can often be in a wiring closet at a branch office rather than in a dust-free data center.

As we look 10 years hence, the landscape changes will be even more dramatic. They’ll be driven by three major trends: increased technology-driven innovation of business processes, greater adoption and sophistication of mobile devices, and dramatic penetration of virtualization.

Business assets that will be “on the network” and need to be continuously monitored; this will include a broad range of equipment from MRI machines and CAT scanners in hospitals to intelligent pumps at gas stations and checkout counters in supermarkets (and in fact, some of these are already here).

Mobile devices will continue to become the preferred computing platform for a range of professionals, who will expect secure access to many of their key applications, and thus IT will need to ensure that they’re appropriately configured and tracked.

Finally, virtualization of computing and storage environments will become pervasive in data centers and on desktops, creating a much more dynamic infrastructure that will need to be constantly measured and managed.

The diversity and complexity of these devices, and their critical need within the business, place significant pressure on IT organizations to measure them and ensure that business and operational risks are mitigated.

Please consult for the latest invention on IT Asset management Process – Contact at Sales@avoidcost.com or info@itassetmanegemtnprocess.com

www.itassetmanagementprocess.com

www.itassetmanagementsystem.com

www.avoidcost.com

www.avoidceo.com

www.gnoida.com

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IT Asset Management – A new generation started

Dec 23

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IT Asset Management – A new generation started

The Economist says there is a trend of 8 Years in Stock market where you will face that the peak and bottom both. When this are in peak no one cares as they need to care. If you have seen bottem in recent past you will appreciate that to sustain in the competitive market every one have to rethink to do better to save them in commutative environment.

The key of sustainability – question in every one’s mind – How to Save – How to avoid costs ??

At the same time we worked in a process to ensure provide minimum 15 X return from the investment within 6 Months. This process ensures that you save in your capital investments in the company and easily comply with audit compliance guidelines as well.

Please contact us at sales@avoidcost.com and info@itassetmanagementsytem.com for further enquiry about how to implement. This process is pending for patent in US PTO Office.

Regards

Team Avoidcost.com

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IT Asset Management – 15 X Return in 180 Days ” Patent Pending”

Dec 17

Posted by admin in IT Asset Management | 1 Comment

Enterprise Organizations are facing the following questions for the point of view of Generating Additional Value:

Are the current IT Management Practices Effective Enough.
Is there a need to reallocate Existing IT Resources?
Is there a need to create additional IT resources
Can Additional Resources be opted from stake holders or partnering organization
To address these questions, enterprise needs to have dynamically planning, allocating, building and leveraging IT Resources.

Solution -Benefits

Enhances Inventory Planning Accuracy ( manual Efforts mean data inconsistency)
Tight Inventory Control
Real Time Data Access.
Optimal Utilization of Assets.
Deep Asset Distribution Visibility
Cost Avoidance – Better Visibility avoids capital investments.
Real Time Audit Responses for Answers to Legal and Compliance queries on real time.
Visible Responsibility for Distributed Assets, ensures optimal usages.

IF your organization is one of them who are facing challenges in managing IT assets automatically? Consult us to address the same at info@gnoida.com or sales@avoidcost.com

www.ITAssetManagementProcess.com

www.ITAssetManagementSystem.com

www.Avoidcost.com

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Dec 17

Posted by admin in IT Asset Management | No Comments

Enterprise Organizations are facing the following questions for the point of view of Generating Additional Value:

Are the current IT Management Practices Effective Enough.
Is there a need to reallocate Existing IT Resources?
Is there a need to create additional IT resources
Can Additional Resources be opted from stake holders or partnering organization
To address these questions, enterprise needs to have dynamically planning, allocating, building and leveraging IT Resources.

IF your organization is one of them who are facing challenges in managing IT assets automatically? Consult us to address the same at info@gnoida.com or sales@avoidcost.com

www.ITAssetManagementProcess.com

www.ITAssetManagementSystem.com

www.Avoidcost.com

asset it management,how to manage inventory,how to manage it inventory,how to manage it assets,how to manage it department

Dec 17

Posted by admin in IT Asset Management | No Comments

Enterprise Organizations are facing the following questions for the point of view of Generating Additional Value:

Are the current IT Management Practices Effective Enough.
Is there a need to reallocate Existing IT Resources?
Is there a need to create additional IT resources
Can Additional Resources be opted from stake holders or partnering organization
To address these questions, enterprise needs to have dynamically planning, allocating, building and leveraging IT Resources.

IF your organization is one of them who are facing challenges in managing IT assets automatically? Consult us to address the same at info@gnoida.com.

www.ITAssetManagementProcess.com

www.ITAssetManagementSystem.com

www.Avoidcost.com

CEO attrition in Indian firms at 84 percent

Nov 24

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Whether it is an established MNC, aggressive start-up, a stodgy family-run business or a new-age retail business, CEO poaching has become the latest game in town, as a burgeoning economic recovery and intense competition turn them into high-value targets. Indian firms saw a staggering 84 percent rise in CEO attrition in just 10months of the current calendar year.

Banking and financial services sector, alone saw its churn rate rise by 74 percent compared with the past year. “The churn in the CEO market was also because a lot of Indians from overseas came back. They were available at a lower cost with much higher experience. So, many CEOs were replaced with them. Going forward, we see a good recovery in CXO market, only by second quarter of 2010, when the U.S. firms chalk out their budgets,” said GC Jayaprakash, Principal Consultant of Stanton Chase International.

Also, Redileon Search Partners, an executive search firm, surveyed around 1,000 CEOs from the top-listed companies on Bombay Stock Exchange, and found that almost 106 top honchos left their companies this year in order to seek greener pastures. “Faster churn is an empirical management barometer for economic growth, when the 2009 full-year tally is completed, the total will be higher than ever before,” the search firm said in its findings. The survey also said that the CEOs who exited found a new job. And, about 12 percent of the CEOs who separated this year, are still looking for a job, the survey found out. Of the 106 CEOs who exited, about 33 were cases of involuntary exits. Apart from an improving economy, which triggered these exits, the top honchos also wanted to get back to their sectors of choice.

Banking and financial services, which is growing at a fast pace in the country, saw the highest increase in turnover, followed by the BPO sector. But, the IT sector, which is reeling under a flat growth phase, saw the least churn in CXO transitions. However, many CEOs who left large companies have joined smaller firms in emerging sectors.

The past year saw Axis Bank CEO PJ Naik joining as Chairman of Motilal Oswal AMC, while Fullerton India Managing Director and CEO GS Sundararajan joined as Executive Director at Shriram Capital. While Reliance BPO President Rajnish Virmani joined as Director of India operations at COLT Telecom, Satyam BPO Chief Venkatesh Roddam joined Taurus United, a Bangalore-based group. Grasim Industries President and Deputy CFO Sanjiv Bafna left to join Sivasankaran’s telecom venture as CFO.

Also, according to the survey, overall job satisfaction is on the rise, as 67 percent of all 1,000 executives expressed that job satisfaction has improved, a sharp increase from 53 percent in January 2009. While CEOs are yet to gain prime assignments, companies are back to investing into acquiring leadership talent, the most visible tangible sign of positivity. The survey also found that pay-for-performance linkage is strongest for banking and insurance. This sector, along with BPO, is also the most upbeat regarding hiring for the next year.

Source:http://www.siliconindia.com/shownews/Being_a_CEO_no_more_fascinating_84_percent_quits_in_10_months-nid-63189.html

Tags: CEO, CIO, CXO attrition