Rolling Meadows, IL, USA (19 March 2013)—Business leaders need to use IT effectively to stay ahead in the game, and IT leaders need to bring new solutions for businesses to innovate and stay relevant. Smart business and technology—and how their integration can help enterprises transform—will be the focus at ISACA’s INSIGHTS 2013 conference, to be held 10-12 June 2013, at the Estrel...

How Creative is Your Organisation? A senior manager in a Silicon Valley high technology firm surprised his organisation by stating that he thought his firm did not have enough market failures. Why would any executive want more market failures? The answer lays not so much in a desire to waste resources on bad ideas but on what market failures indicate about...

What is ERP software? The key to understanding ERP software is to think “integration.” ERP software links systems across an enterprise to streamline workflow, share information among different departments, and provide insight into a business’s operations. An ERP system does away with each department using its own software to do its work (human resources software to track employees, accounting software to pay...

Abstract Ecopetrol S.A. is a vertically integrated crude oil and natural gas company engaged in the exploration, development and production of crude oil and natural gas. In 2007, Ecopetrol updated its corporate strategy with clearly defined growth goals for the next years that required important changes and improvements in the organizational structure and processes that support the strategic objectives. Consequently, there were...