In today's tough economy, many companies find they must lay off some of their most experienced (i.e., expensive) employees in favor of lower cost labor. But research -- and history -- shows that experience has value that can't be achieved any other way.
I'm reading a report just out on "Women CIOs & the Art of Influence" from the CIO Executive Council, in partnership with The Leader's Edge (you can access the report on the Council's website). One of the findings shows that when it comes to effectiveness and the ability to influence outcomes, age and seniority matter. Women with more than 25 years of experience and with senior IT leadership titles were more effective than those with less than 25 years on the job and lower level titles. The ability to influence, deemed "very important" by 92 percent of study participants, manifests itself in various ways, including that "more senior IT leaders consider what's in it for the stakeholder more frequently than do their less experienced counterparts."