In the next 6 months, which will your company do?

LeadershipArchitecture

Invest more in eCommerce34%

Maintain the current investment in eCommerce60%

Invest less in eCommerce4%

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IT Manager in Constructiona year ago

Maybe another interesting question would be: eCommerce with or without GenerativeAI? 

CEO in Travel and Hospitalitya year ago

ERP solutions are primarily developed to securely store sensitive data within your organization's firewall. This data is fundamental to your internal operations and back-office functions. In contrast, cloud solutions are designed not only for internal use but also to facilitate collaboration with external stakeholders, enhancing core business functions.

Procurement SaaS solutions, are specifically crafted to streamline the entire procurement process. This includes everything from identifying vendors and soliciting quotes/proposals to contract management and overseeing the entire lifecycle of contracts, all while focusing on achieving business objectives and mitigating risks.

Different industries have unique requirements and controls. For instance, industries like mining and heavy assets face challenges in integrating plant maintenance and direct procurement. The optimal approach often involves integrating ERP systems with specialized procurement SaaS solutions to handle complex end-to-end processes effectively. 

Some of the best solutions also offer benchmarks that you can measure yourself against. Our customers find this very helpful.

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‘AI’ Business Model – With many components flowing into the AI domain (cost, data, E&C, people, value, strategy, duplication of everything, etc.), I’ve started to think about splitting out ‘AI’ from the operating model and putting it into a separate legal entity. This way, I could manage a) risk and compliance, b) cost, c) resource allocation, d) governance, e) IP, f) revenue generation, etc.

Of course, this isn’t new in general, but I’m especially interested in how this approach could help with the ongoing challenge of ensuring compliance with data privacy and regulations related to LLMs and data access/usage over time.

My question: Is anyone else thinking about this, or has anyone already done it? I know there are examples in the literature, but I wanted to float this here for general comments and discussion.

As a leader, where do you spend most of your strategic focus today?

Growth & Revenue

Cost Optimization71%

Innovation 14%

Employee Retention14%

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What’s the top cybersecurity challenge concerning your organization right now?

AI-driven threats (deepfakes, automated attacks) 11%

Software supply chain risks 11%

Insider risk (both malicious & accidental) 11%

Regulatory compliance 11%

Cloud misconfigurations 11%

Shadow IT (or shadow AI) 11%

Ransomware 11%

Talent shortage in cybersecurity11%

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