The holy grail of post-recession business will be profitable growth. The very idea of profitable growth is full of contradiction, as growth generally requires investment. With revenues unlikely to outpace that investment in what economists are predicting will be an anemic, drawn-out recovery, companies that have already been doing a lot of cost cutting will have to become even more efficient. This will put unusual pressure on executives to place the right bets when it comes to investments (based on strong customer insight and market knowledge). And it will require excellent management abilities and flexible, responsive, lower-cost IT.
The following presentation focuses on what the mandate for profitable growth will mean for CIOs and their organizations in 2010. I believe IT will have to become more operationally efficient AND deliver agility and innovation, that CIOs will have the great opportunity to delivery operational excellence and all kinds of tech-driven innovation as well.
Some people believe these two areas of focus are conflicting – that a leader (for example, a CIO) or an organization (for example, IT) can be good at one or the other but not both at the same time. They argue that when it comes to tech-enabled innovation, CIOs should offer advice but leave the heavy lifting to product designers and marketers. I disagree. What do you think?
Since the slides themselves are mostly just images, I suggest you view it on my Slideshare page, where you will also be able to view the speaker notes that make up the meat of the talk.