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By Bill Balcezak, General Manager-Time Division, Journyx
Despite the rumors - and even proof, in some corners of the world - that the economy is getting better, times are still hard for businesses everywhere. To make it through to the other side of the recession, every company must do what it can to improve process efficiencies and realize cost savings wherever possible. Firms that provide and manage contingent workforce solutions face these challenges just as much as, if not more than, companies in other industries.
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Posted September 7th, 2009 | No Comments »
by Curt Finch, CEO of Journyx
Okay, so maybe you have the large projects nailed in Microsoft Project, but what about the smaller ones that, in reality, make up the bulk of your portfolio? Are you just “winging” those, using status emails and Excel spreadsheets to manage them? If so, you could be making a great mistake.
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Posted September 7th, 2009 | No Comments »
by Curt Finch, CEO of Journyx
According to a recent article in a leading technology magazine, the demand for project and portfolio management (PPM) solutions is rising in response to the weakened economy. Many businesses are choosing to implement PPM solutions in order to “identify which IT projects are mission critical and to help them execute those projects as efficiently as possible.” These customers have also found that PPM solutions offered as software-as-a-service (SaaS) are both more affordable and easier to deploy than traditional ones.
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Posted June 29th, 2009 | No Comments »
By Dr. Karen McGraw, Founder and Chief Knowledge Officer, Cognitive Technologies
Introduction
Factual and anecdotal evidence confirms that IT investments are inherently risky. On average, about 70% of all IT related projects fail to meet their on-time, on-budget objectives to produce the expected business results. In one KPMG survey, 67% of the companies who participated said that their program/project management function was in need of improvement. Why? A number of leading factors for project failure were suggested by the survey, including the “usual suspects”: unreasonable project timelines, poorly defined requirements, poor scope management, and unclear project objectives. Granted, all of these factors can play a role in project success. But are they the cause or project failure, or just a symptom of some larger issue? In this article, we will discuss that the root cause for many of these common failure points is really the ability to lead projects, not just manage them.
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Posted May 7th, 2009 | No Comments »
By Bruce A. McGraw, CEO, Cognitive Technologies
With the current economy in crisis, businesses are scrambling to stay afloat. Many are abandoning their strategic, long term objectives for quick fixes and short-sighted survival tactics. Some of today’s most popular business books from The Tipping Point to Freakonomics feature companies that have stumbled upon greatness without an ounce of strategic planning involved. And with the rapid evolution of real-time media, virtual offices and globalization, companies seemingly have to change their game plans on a daily basis to keep up.
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Posted March 25th, 2009 | No Comments »
by Curt Finch, CEO of Journyx, Inc.
We are currently facing a challenging economic climate which is forcing many companies to cut costs in order to survive. There are different ways of doing this, and unfortunately, a popular one is slashing employees, projects and even entire departments. Consequently, almost everyone in the business world is now looking for a way to justify their work to upper management and other stakeholders in order to be spared.
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Posted March 25th, 2009 | No Comments »
By Curt Finch, CEO, Journyx and Bruce McGraw, CEO, Cognitive Technologies
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Posted February 19th, 2009 | No Comments »
By Curt Finch, CEO of Journyx, Inc.
From 1945 to 1965, the financial market in the U.S. moved upward. It then moved sideways until 1982, and up again until 2000. Right now, we are engaged in another great sideways movement. It could continue for another decade or so, and as businesses fail and members of congress pound their fists, it is natural to fear for the future.
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Posted December 23rd, 2008 | 1 Comment »
By Curt Finch, CEO of Journyx, Inc.
What constitutes 90% of the value in recent asset sales on Wall Street by large companies? The answer is data centers and headquarters. When Lehman Brothers went bankrupt and sold its assets to Barclays for $1.75 billion, its data centers and headquarters constituted 86% of the value. This echoes the JPMorgan-Bear Stearns fire sale, in which Bear Stearns’ two data centers and headquarters also represented most of the price. Why is this so?
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Posted December 15th, 2008 | No Comments »
By Curt Finch, CEO of Journyx, Inc.
Why do your best laid plans often go unfulfilled? You have put the right people in the right jobs, empowered them to achieve, drafted an excellent plan and got the necessary buy-in and funding. Yet somehow things went into the ditch and now the project is late and over budget, delivering a poor return on investment.
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Posted September 30th, 2008 | No Comments »
