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jerryking : systems_integration   4

New Back-Office Tech Can Be a Merger’s Best Friend - WSJ
By VIPAL MONGA
Sept. 5, 2016

As companies become more dependent on complex software systems to manage their businesses, smoothly combining different platforms is becoming a bigger factor in a merger’s success.

New software systems for accounting, inventory tracking and supply-chain management are helping companies combine operations faster by automating some of the grunt work that previously was done manually.

“If you can integrate faster, it becomes an advantage,” said John Hoffecker, a global vice chairman at consulting firm AlixPartners LLP.

Companies that integrate acquisitions more efficiently will be able to reap better returns from takeovers, which can in turn leave them more leeway to do future deals, Mr. Hoffecker said. “You can pay a higher price,” he said.
speed  systems_integration  back-office  mergers_&_acquisitions  M&A  technology 
september 2016 by jerryking
Death by digital: CEOs pay the price for tech trouble - The Globe and Mail
ANDREW WILLIS
The Globe and Mail
Published Thursday, Jul. 14, 2016

Recent changes in the executive suite at Canadian Tire, Sobeys and Torstar show there’s little tolerance for a boss who lacks a smart strategy for an increasingly tech-driven marketplace and even less patience for a leader who fails to deliver on digital promises....It’s this ability to blend tech savvy with the rest of the management tool box – finance, marketing, leadership – that’s essential to CEO success in every field, and critical in sectors such as retail, media and financial services. Because when the tech strategy doesn’t work, corporate boards are clearly holding the CEO responsible. That accountability was not as direct in the past: The head of IT was more likely to be sacrificed, rather than the CEO. Now, the top boss is being held responsible for coming up with the tech-based strategy and executing.
Andrew_Willis  boards_&_directors_&_governance  C-suite  CEOs  CIOs  digital_first  digital_savvy  digital_strategies  execution  IT  strategies  systems_integration 
july 2016 by jerryking
TMX’s Eccleston says Canadian exchanges need new technology - The Globe and Mail
The Globe and Mail
Published Wednesday, Dec. 03 2014

The new head of TMX Group Ltd. says the stock exchange company needs to diversify and develop new technology products to help counter the impact of Canada’s highly cyclical commodity-dominated markets...“What we can’t do is simply let them all sit as totally separate entities,” he said. “They all run as verticals. But the challenge is how do you take those things and understand how to use the capabilities to create more integrated solutions that give you some competitive advantage?”...he needs to create a strategy for a portfolio of TMX businesses.

“I think it’s time to start thinking about TMX as not a group of exchanges and clearing businesses, but really a very strong technology-based organization that happens to manage exchanges, clearing businesses, risk-management business, data businesses and a number of other things,” he said.
TMX  Lou_Eccleston  product_development  stockmarkets  first90days  trading_platforms  bourses  Bay_Street  capabilities  competitive_advantage  diversification  new_products  portfolio_management  systems_integration 
december 2014 by jerryking
Unboxed - Who Says Innovation Belongs to the Small? - NYTimes.com
May 23, 2009 | New York Times | By STEVE LOHR. Technology
trends also contribute to the rising role of large companies. The lone
inventor will never be extinct, but W. Brian Arthur, an economist at the
Palo Alto Research Center, says that as digital technology evolves,
step-by-step innovations are less important than linking all the
sensors, software and data centers in systems.
innovation  size  Steve_Lohr  Clayton_Christensen  large_companies  W._Brian_Arthur  sensors  software  interconnections  Fortune_500  brands  back-office  data_centers  systematic_approaches  systems  systems_integration  Xerox 
october 2009 by jerryking

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