BPITSBusiness Process and IT (Information Technology) Systems (World Intellectual Property Organization task force)
Copyright 1988-2018 AcronymFinder.com, All rights reserved.
References in periodicals archive ?
For example, a BPIT may involve lowering the cost of raw materials by redesigning supply chain processes and implementing supply chain IT applications.
Each of the five C-level executives (CEO, COO, CIO, CSO, CFO) has a unique role during BPIT's life cycle, with the CEO's main function centering on ensuring that what must be accomplished across the organization to achieve business results actually gets done.
The CFO must ensure that the leadership team is fully prepared to bring in the BPIT on target, with its enabling technology fully VESTed, and must put in place all metrics proving the point.
Overall, the CFO must assert leadership in establishing metrics to measure results of BPIT implementation, must assist the CEO in resourcing funds for implementation to realize business value, must be a devil's advocate for system investment, and must work with the CEO and HR officer to ensure monetary incentives are in place to sufficiently motivate the company's key players to complete the BPIT and achieve the desired business result.