tagged with: recession
I was asked to give a couple of talks this spring giving my perspective on the current state of technology in business. I always think the present is better understood by looking at the past, so I put together a presentation looking at a) how things have developed over the past 20 or so years (not coincidentally, the span of time I was involved with CIO Magazine), and b) the challenges and opportunities I see businesses in general and CIOs in particular facing during this tumultuous time. I've posted a version of this talk on Slideshare, complete with an audio narration. Please check it out and let me know if your view lines up with mine or how you see things differently.
Loss of any kind messes with your sense of well being. Job loss, loss of a loved one, loss of health.... Having experienced a few of those myself recently (not my own health, thankfully), I've noticed some things I might not have paid much attention to in the past. There are little things that help to create a feeling of security when they are full or empty.
I knew someone once whose mother raised seven children on her own, after her husband developed multiple sclerosis. She went back to school to get her teacher's degree, and during that time, the family lived on very little money. One of her "full" idiosyncrasies was she always bought a new container of salt when she went to the store. Her kitchen cabinet was always full, even if only with containers of salt.
The paradox of tough times is they usually call for dramatic measures, yet it's human nature to keep a low profile and avoid risk, both corporate and personal. This is the dilemma facing CIOs today.
As I wrote in a column a few months ago, incrementalism won't cut it for many businesses in this economy. But according to Paul Gaffney, former CIO and head of supply chain at Staples and current COO of Desktone, that's the path most CIOs will take.