IT Factor - February 2023

IT Factor - February 2023

Here's what happened in February:

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Operational Excellence Driving Performance & Growth

A Forbes?post?notes that excellence is not to be confused with efficiency. While efficiency is a hallmark of excellent organizations, it’s only one component of excellence. Excellence, says Forbes, is “a culture of teamwork, problem-solving and leadership that brings about the desired results.” Forbes further notes that operational excellence is focused on high-quality customer service, customer experience and products. Fair enough, and measurable, but those goals are unlikely to be met by a disgruntled team.

That’s why we believe excellence begins with goals around organizational culture. More specifically, organizations should strive to create and foster an environment where team members feel that their voices are heard and valued. We’ve seen vivid examples of what happens when organizations fail to achieve this goal, in the Great Resignation and so-called quiet quitting trend.

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Building ecosystems where startups thrive with Michael Binko, Think’s new Managing Director of Venture Services, Innovation and Ecosystems

Think Team Profile: Michael Binko

Michael Binko, Think’s new Managing Director of Venture Services, Innovation and Ecosystems has only been at Think for several weeks, but he is already hatching grand plans.

His goal is to leverage Think’s resources to build environments that wholistically support startup companies and ventures. These ecosystems, as he calls them, go beyond simply providing investments to provide the expertise, experience, partnerships and vision needed to ensure success.

Binko will also provide services to other ecosystem builders like accelerators and incubators for startups, and industry groups like the Maryland Tech Council.

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Think Hires Josh Kaplan as Vice President of Service Delivery, Senior Management Consultant

Think Systems Inc., a national management consulting firm that helps both the private and public sectors achieve organizational excellence, announced today that it has hired?Josh Kaplan as Vice President of Service Delivery, Senior Management Consultant.

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The Executive Reading List

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Growth Strategies in the Broadcast Media Industry

Few industries have experienced as much disruption over the past few decades as broadcast media. From the advent of the internet to the proliferation of cable and satellite options to seemingly endless options for content streaming, adaptability has been not just a desirable attribute but a necessity for survival.

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Voice of the Innovator with Ryan Barbera

Denis O'Donovan, President at ProfitComm chats with Ryan Barbera, CEO of Data Canopy about technology, and cloud market changes that are impacting the industry.

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Humans are the key to extracting value from data.

Data

An increasing amount of data is being generated and stored every second and the global pandemic only accelerated the amount of data being generated with the surge in telework. With the exponential growth in data being generated and stored, it is crucial to understand how to effectively use data to do business more efficiently and effectively.

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