Top 3 Solutions for IT Cost Optimization

All companies after a certain stage seek to achieve cost optimization. It applies to the IT department as well.

But to best achieve cost optimization a company needs to incorporate a few things into their practices.

A hindrance that is oft quoted as one of the main reasons for companies being unable to achieve the desired result is the mindset. A workplace is usually a heterogeneous mix of people from all cultures and individuals. To get this amount of diverse population to think alike when it comes to IT Cost Optimization is a hurdle that is not easy to overcome.

Managing better cost optimization requires IT transparency practices that are mature.

Performing an IT Audit will reveal loopholes in the companies’ practices which can then be plugged. Some suggested solutions that will help companies achieve IT cost optimization.   

Agility – An organization needs to remain agile to adapt quickly to internal changes as well as external conditions.   

Technology is purchased on long-term contracts that are abiding and companies need to understand how to structure these so as to achieve cost optimization through balancing per unit cost.

Accountability – Companies are required to remain proactive to understand how to balance the demand and supply of IT. Taking accountability of the optimization issue, if managers can track usage patterns and influence the demand side of IT, they can perhaps with a certain amount of precision predict correctly the amount of IT required and ask for supply accordingly.

Simplification – Reducing the complexity in IT systems can help achieve cost optimization. But simplification is one area that is never really well addressed fully. Business processes, practices, leadership, etc. the variables are too many and make it difficult to achieve.

An IT Audit will serve well to reveal facts that can help you optimize.

Why is Creating Values the best management consulting firm?

Devising solutions for our clients, that what we do at Creating Values.  We started in 2013 and we remain a young team.

Though young, we are not to be taken lightly. Slowly, we are working to build our clientele with services in the field of information technology and human resources.

 There are things we do and there are things we will not. You may visit our website to read what goes in which list.

A team that is young is energetic and is willing to take a few risks to innovate and implement new ideas. That is how we position ourselves in the market. We know we have competitors. We are willing to go the extra mile to deliver performance and show that we know what we are doing.

Creating values are one of the Best Management Consulting Firm in Delhi. Among the Management Consultants in Delhi, we are one that has carved a niche for itself with solutions that are tailored for our individual clients’ needs.

Thought Leadership is an area where not many dare to venture. It takes us way ahead of the pack. In the realm of IT and HR, innovative and creative solutions are required to keep the company competitive in an ever changing market.

To understand what works and what is required to stay ahead of the game, expertise and involvement are required. Creating Values is one of those Management Consultants in Delhi that will work with you to deliver.

Being one of the Best Management Consulting Firm in Delhi keeps us on our toes. Give us a call to see how we can deliver value for your business.

How to boost employee retention?

Human Resources – the most valuable resources of an organization. As much as we would like to think providing technology solutions is a difficult task, we are likely to consider solving human resource issues a more complex and complicated one.

When it comes to solving human resource problems, we need to consider that we are dealing with humans here, and the psychological aspect comes into the picture.

Driving Employee Engagement through innovative solutions, that is what Creating Values aims to do. Each organization is unique. Each has its own set of values and objectives and expertise. We need to consider what we are dealing with here before we venture to carve solutions.

When it comes to human resources, we help clients develop policies that encourage employee engagement and increase retention.

Creating Values offers HR Advisory Services for our clients who need help devising policies and developing a framework for employees.

To be able to do what they are good at, that is what we aim to provide help within the field of technology and human resources for our clients.

HR Advisory Services are just one of the areas of our expertise. There are other skill-sets that we possess and you may explore our website to know more.

Driven by a young energetic team, Creating Values is trying to build its knowledge base by working with clients whose expertise we learn from and can add to our Knowledge Center.

We do things and we don’t do certain other things. That among others is what we wish to let our readers know.

Save to Prosper: IT Cost Optimisation Service

Most of the companies fail to ensure IT cost optimization as they try to come over the problems of the economic downturn. The reduction is often forced by the financial situation of the company. In this situation, it is better to hire IT advisory services. It is observed as the true situation for 60% of the companies within the country. By reducing the cost, it is possible to ensure dividend of extended nature.

Challenges related to IT Cost Optimization are identified by the professionals from IT advisory services. Solutions are offered in due course. The perfect strategy must be implemented in an adequate fashion. Diverse ranges of barriers are overcome easily. Utilization of green agenda is observed in most occasions.

Challenges related to IT Cost Optimization and Its Solution                                                       

If the enterprise wants to save money and prosper then proper measures must be taken. In order to introduce innovation, lot of tension is noticed. Decreasing the IT cost becomes one of the main agendas. Optimizing services are implemented in most occasions for the purpose of cost cutting. However, cost cutting of tactical nature is not useful for IT strategy. Benefits of the long term may not be observed in the process.

Through cost optimization of transformation nature, it is possible to create a balance between innovation support and reduction of cost. Business requirements are fulfilled perfectly with the experts in hand.

Solution:

IT Advisory Services help to find a solution for different kinds of challenges. The proprietary methodology can be implemented through architecture, infrastructure, management, and operations. Opportunities can be identified in the process to ensure success.

Solutions are chalked generally based on the requirement of the company. Objectives are always kept in the mind. Through analysis of the company, it is possible to find major areas of cost optimization. The process can be handled quite naturally with IT portfolio, infrastructure and operation tool.

A Survival Guides for the Entrepreneurs

In the present time, entrepreneurship has high demand, as Millennials prefer to adopt the entrepreneur route than the traditional corporate courses. After conducting several studies, it has been seen that at least 71% of the Millennials like to leave their 9 to 5 jobs and start their own business since they want independence, openness, flexibility and innovative in their work.

But it is also true that dreaming about the entrepreneurship is far different from the real experience of the entrepreneurship as there is a long gap between idea and its implementation in reality. But by following the right kind of strategic HR provided by the HR Advisory Services, it is possible to survive as the entrepreneur. For a startup business, it is always better to look for the advisory services from a well-experienced and reputed HR firm that can guide with right strategic HR. Here are some essential fundamental practices that the entrepreneurs should look for from the HR advisory services.

1.      Mastering a craft

For any business, the right kind of HR strategies and planning help in mastering the craft so that the business can be considered as the best company and attract more skillful employees.

2.      Developing a business plan

In order to start up a company, the first and foremost step is to set up the north star of your business by focusing on the business objectives, required steps, necessary resources, concerns and possible constraints.

3.      Finding out the right partners and employees

For a business, its strength is laid with the right team of employees and partners who need to be equally passionate about the goals and strategies about the business as the owner.

However, the best solution for any entrepreneur is to look for the reliable Strategic HR solution provided by Creating Values, one of the leading HR advisory services for entrepreneurs.

Management Consulting Firm in Delhi- Creating Values

Creating Values – A management consulting company that serves its customers, i.e. businesses by providing them solutions that help improve their performance and drives the company’s growth in the market.

In a competitive market, it is important to carve your own niche, to differentiate yourself from the herd. That is where Creating Values enters the scene. It is among the best management consulting firm in Delhi.

Among the Management Consultants in Delhi, we are one of those who provide solutions related to human resources and technology.

Devising IT policies, designing the framework, network security assessment and software licensing advisory are areas where we provide help.

Our clients have varied in their work culture as well as the background. We provide tailored solutions to meet their specific needs in the areas we work in.

We at Creating Values are a young vibrant team that knows what it takes to remain relevant and competitive.

Technology is fast changing. Every year, we need to catch up with the latest and evolve with the time. By not doing so, a company risks being left behind and that is something a business can ill-afford.

We are taking baby steps in the field of thought leadership. As we grow with each experience, we look forward to creating values that are deserving of the Best Management Consulting Firm in Delhi.

We have created case studies of our experiences through which we can probably learn how to help our clients better as we grow.

At our Knowledge Center, we have shared information that might help answer your queries.

Please drop by our site and a have a look around. Give us a call and we will walk you through our services.

SAP packages are benchmarks in Enterprise applications that are easy to use and understand. SAP has following solutions in its kitty that take care of all the needs of an organisation in terms of systems:

·         Finance Management

·         Supply Chain Management

·         Human capital Management

·         Enterprise health & sustainability solutions

·         Data Management

·         Supplier relationship Management

·         Enterprise mobility Management

·         Product Life cycle Management

However success of SAP depends on how well it is implemented and integrated with a clients’ requirement and business. This is why appointing an SAP Advisory Services is very important if you want to conduct your business on SAP platforms. There is a large gamut of services that SAP advisory firms can offer that broadly include the following:

1.       Assessment and implementation: Assessing the needs and goals of business clients and implementing the system keeping them in view;

2.       Trials and tests: Testing various platforms with ad hoc data and check the reliability of results. These extensive test runs ensure system dependability and seamless migration of users to SAP based applications. These tests extend to post-implementation performance of system too;

3.       Configurations and upgradations: Events like adding a new vertical, product, change in laws and compliances necessitate changes in system in tune with the new requirements;

4.       Training & Support: Getting end user accustomed to systems is an important step in ensuring the success of a platform. Same goes with SAP too. These advisory firms not only train and guide the users but also provide continuous support for troubleshooting and glitches.

5.       Mobility solutions: These services include Enterprise mobility management solutions, mobile application development platform, messaging services and mobile apps that feature security of data while not compromising on the convenience of users.

Employee Engagement

It is people who contribute immensely to an entity’s success and they constitute a resource that needs careful planning and effective management. Unlike other assets, Human resources need continuous motivation and hard work. This is where the role of employee engagement comes.

An engaged employee can simply be defined as a motivated employee who likes his work and participates actively in activities that further an organizations interest and progress. More and more organizations are taking note of this factor that can hold the key to achieving their strategic goals. So, let us explore the answers to the big question- what does it take to ensure Employee Engagement in an organization?

• Define culture: An organizations character is defined by its culture and its establishment comes from the higher management. They can lay the foundation of organizations culture by first determining the expected culture vis-à-vis organizational goals and then creating policies, guidelines and directives that make the desired culture a way of life for employees;

• Clear hierarchy & accountability: A well-defined hierarchy with clear cut responsibilities creates healthy atmosphere at work. There are no overlaps of functions and confusion on reporting thereby enhancing the sense of responsibility among all employees;

• Effective reward and recognition system: Create a transparent reward system that motivates employees to give their best to organization. All employees must be given a detailed familiarization of the appraisals and techniques of measuring performance along with career planning.

• Encourage team activities: It is extremely important for employees to have friendly and comfortable interactions at workplace with each other and their superiors. Informal gatherings, team lunches and outings can play a critical role in strengthening bonds among the team members.

Discuss goals: Clarity on organizations goals and linking every employee’s role to achieving it fosters a sense of importance as well as accountability among the workforce.

Cultural Assessment of a workplace

Culture of a workplace defines its character and principles on the basis of its workforce’s attitudes, ethics, traditions, beliefs and general atmosphere. It can act as a great motivator for employees to deliver their best. A healthy workplace culture is critical when rolling out and applying rules, regulations and policies that help an organisation to accelerate towards its goals and objectives. Workplace culture can also arrest attrition and lead to high work satisfaction for people. Many professional services are also available that can help an entity to assess its culture against its expectations.

Now that we know the importance of workplace culture, let us take a look at what Cultural Assessment covers under its wings:

·         Establishing expectations clearly

Management of an entity must set forth its expectations regarding workplace culture in a precise, concise and crisp manner. Expectations are established on norms like- level of formal tones in interactions between colleagues, managers and subordinates, ethical diversity of employee base and entity’s stand on it, gender specific and ethical policies and clear behavioral guidelines.

·         Real-time assessment of current culture

 This task can be accomplished by designing a structured audit. Such audits use tools like face to face interviews, questionnaires and quantitative data to determine the present culture of the organisation.

·         Arriving at the gap

 Ones the expectations are set and assessment of culture is done, an organisation would have a clear picture of what it lacks in terms of workplace culture vis-à-vis its objectives. In the light of facts and findings, new policies and guidelines to align the culture with goals can be formulated.

·         Induction

 To ensure the success of cultural assessment procedures, every organisation must take steps to familiarize their people with the need and importance of embracing the policies regarding the culture.

IT Advisory services

A well laid IT system designed in line with an entity’s goals and operations can help an organisation realize its objectives and lend a competitive edge. On the other hand, a badly laid system can create a number of handicaps that not only limit the potential of an organisation but also lead to delays and failures. This is why engaging IT Advisory Services of reputed IT concerns are of utmost importance. The expert professionals engaged in these companies can help in designing and implementing an IT framework that integrates systems and operations seamlessly thus adding significant value to processes.

Important services rendered by these IT Advisory firms are as follows:

1.       Designing and implementing system in line with goals: This covers assessing the clients’ needs, strategic goals, compliance requirements and then creating a robust system that not only supports operations but is a value adding contributor to accomplishment of goals as well.

2.       On-site Services: These advisory firms can be engaged for on-site support. They monitor, maintain, and provide support services and guidance to the users thereby ensuring optimum utilization of the entire system.

3.       System improvements: In events like expansion, rapid development or simply due to change in policies an organisation’s IT framework can outrun its utility. In such cases, up gradations and improvement in the existing infrastructure and Software licensing Services is required which is best handled by experts.

4.       Cost control: Identifying areas that present significant opportunities of cost reduction and control in regard to business as well as IT infrastructure and network.

Security and back up: Ones the entire IT set up is in place, ensuring its integrity and eliminating external threats is of paramount importance. Password protection, firewalls and regular backups can ensure that the IT network is well guarded.