An effective, Right-managed IT system is one of the most valuable business benefit of an organization can secure. The right technology, implemented properly, appropriately managed and monitored, can lead to significant gains in growth and efficiency.
It is essential to get sound business advice to ensure technology risks are managed. IT is challenging to get right and expensive to get wrong — not only in terms of money spent, but also in lost efficiency and potential regulatory infringements
How Epitor can can help
We work with our customers to analyze business technology issues within their businesses. A client might approach us for assistance with:
|Developing an Apt IT strategy||We work with clients to develop a clear IT strategy that fully supports their business objectives|
|Epitor offer guidance on the most appropriate strategies for outsourcing or offshoring IT services, and ensure that effective controls are implemented|
Cost optimization Differential
|Epitor work with clients to help identify the most effective ways to take costs out of a business|
Logistics and supply chain issues and Management
|Epitor examine various aspects of processes and technology, and make recommendations for helping to optimize efficiency. This is one of the areas where IT can have the greatest impact|
Local and Regional Regulatory and compliance
|Epitor are well placed to assist organizations with regulatory and compliance needs. We have a great deal of experience in identifying and controlling financial and operational risks embedded in business systems.|
Strategic management involves the formulation and implementation of the major goals and initiatives taken by a company’s top management on behalf of owners, based on consideration of resources and an assessment of the internal and external environments in which the organization competes.
Strategic management provides overall direction to the enterprise and involves specifying the organization’s objectives, developing policies and plans designed to achieve these objectives, and then allocating resources to implement the plans. Academics and practicing managers have developed numerous models and frameworks to assist in strategic decision making in the context of complex environments and competitive dynamics. Strategic management is not static in nature; the models often include a feedback loop to monitor execution and inform the next round of planning.
Michael Porter identifies three principles underlying strategy: creating a “unique and valuable [market] position”, making trade-offs by choosing “what not to do”, and creating “fit” by aligning company activities with one another to support the chosen strategy. Dr. Vladimir Kvint defines strategy as “a system of finding, formulating, and developing a doctrine that will ensure long-term success if followed faithfully.”
Corporate strategy involves answering a key question from a portfolio perspective: “What business should we be in?” Business strategy involves answering the question: “How shall we compete in this business?” In management theory and practice, a further distinction is often made between strategic management and operational management. Operational management is concerned primarily with improving efficiency and controlling costs within the boundaries set by the organization’s strategy.
We focus on the business impact of technology rather than systems implementation, and we are not tied to any hardware or software suppliers. As a result, our advice is independent and geared to the specific needs of each client.
Epitor’s IT Advisory team is a trusted advisory from some of the world’s well and long run multinational organizations.