NOVUM ONLINE – THE
IT MANAGEMENT MAGAZINE OF NOVENTUM CONSULTING

News from the information technology, current trends in the IT industry, concrete projects of noventum consulting and its partners, dedicated comments and interesting events from the everyday IT Management.

„Make or buy "in the IT sourcing strategy for international retail companies - flexible and yet from a single source

IT-Outsourcing, IT-Strategie

Even in centrally managed international corporations, national or local developments have repeatedly occurred over the years, which run counter to a uniform approach. Such developments are often pragmatic and good, often they are simply expensive. Especially in areas driven by technical developments, such a "wildness" is not uncommon. In this sense, IT sourcing in corporate groups is sometimes confusing.

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Organisational development and business culture in the digital age

A business culture that is characterised by trust and performance provides a broad foundation for successful business activities to the benefit of customers, the company's employees, and all other parties participating in the business eco system. In addition to its IT subject matter topics, the IT management consulting firm noventum consulting wants to support its customers with organisational consulting in order to establish a business culture on the pillars of credibility, respect, fairness, deep connection, and team spirit. In an interview, the managing director of noventum, Uwe Rotermund, is explaining the interconnections.

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Advancing digitalisation with new data warehouse architecture

From the construction of the first prototype in their own garage to becoming one of the world market leaders for combined heat and power plants (CHPs) – that's the interim balance of the 2G Group from the Münsterland region. The rapid growth and increasing internationalisation bring along new challenges for control and operation, as well as, in particular, for the Controlling specialist department. In order to also satisfy all future requirements in this dynamic environment efficiently, the company started the enterprise data warehouse project "2G-Facts" in late 2014 with the support of the IT management consulting firm noventum consulting GmbH. Today, 2G is already using the new business intelligence platform in select application cases in various commercial and technical specialist areas and is therewith excellently positioned also for future requirements and for increasing demand for information.

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noventum is one of the best consulting companies in Germany for "IT Implementation"

The "brand eins" magazine and the "Statista" statistics company once more have presented a detailed analysis of the performance of business consulting companies. noventum consulting is among the best of this analysis. brand eins is presenting the analysis in a comprehensive special edition "Consulting".

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Microstrategy Symposium: noventum presents HR-Analytics, the solution for personnel reporting

MicroStrategy® Incorporated, leading provider of enterprise software platforms worldwide, invited to Cologne (Germany) on April 6th 2017 for a one-day symposium. In addition to the new functions of MicroStrategy 10.7, which has been available since March, as well as industry-specific and discipline-specific solutions, best practices application of customers and partner companies were also presented at the symposium. noventum consulting, partner and sponsor of the event, introduced its analysis and presentation platform "HR-Analytics" for management, designed for executive management and HR department.

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Business culture, employer attractiveness and "digitalised" work structures in the strategic planning dialogue of Volksbank Ruhr Mitte eG

The annually updated strategic planning process is a well exercised practice of the management team of Volksbank Ruhr Mitte eG. In recent years, the company also had to take into consideration massive challenges in this, just like any other bank – from the lasting low-interest rate situation via the always further increasing regulatory requirements all the way to significantly changing customer requirements and completely new agile competitors. These challenges can be mastered only with significant efficiency increases, cost reductions, and reorganisations, whereupon solutions were found in the strategic planning dialogue of Volksbank Ruhr-Mitte that will be consistently implemented in the months and years ahead. In this, the term planning dialogue emphasises that these are not "lone" decisions but rather a strategy developed in dialogue.

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The time has come for a new sourcing strategy

Companies, public institutions, and state institutions are feverishly dealing with strategies for the digital age and are exploring how this technological megatrend is carrying changes over into all areas of life. The insight is taking a hold that any and all structures and processes will have to endure the digitalisation check-up. In this, sourcing strategies are also prominently encountering the pressure to change. However, a lot of companies do not yet have such strategies to date, and run the risk of losing control in the maelstrom of changes.

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