What Is a Real

By Dave Lindorff  |  Posted 11-11-2002
Print this article   Print this article
-Time Company?">

What Is a Real-Time Company?

A company that competes by using up-to-date information to progressively remove delays to the management and execution of its critical business processes.

The business goal: To save time and money by responding faster to events and by reacting more flexibly to rapid shifts in the marketplace.

The technology risk: Business activity monitoring can reap more information than managers know how to manage or harness into meaningful responses.

The management risk: A tendency to micromanage at the expense of stifling innovation and creativity—and a danger of focusing less on longer-term strategic goals.

Results so far at GE: Some cost cutting achieved; no influence yet on revenues but some change in purchasing and sales strategies.

CIO
INSIGHT
POLL
CIO
INSIGHT
VIDEO
  • The Role of Standards in Cloud Security

    Security is often cited as a primary cause for concern...

    Watch Now
  • Ensuring Resources for Mission Critical Workloads

    Application workloads can thrive in cloud environments,...

    Watch Now
  • Improving Security in the Public Cloud

    One of the main concerns about moving data to a public...

    Watch Now