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While traditional approaches to bridging the profitability gap, like layoffs and budget cuts, can harm company culture, an innovative and practical alternative is capitalizing on technology budgets. However, it’s important to remember that headcount and budget cuts are not the only strategies to streamline costs.
“Building new business aligned cost models, setting up disaster recovery and BCP platforms, allowing remote-working, rearchitecting the enterprise network from the ground up, and migrating to cloud should be some of the prime focus areas for CIOs as they set about their operations in the new-era.”
After marked increase in cloud adoption through the pandemic, enterprises are facing new challenges, namely around the security, maintenance, and management of cloud infrastructure. Cloud infrastructure requires frequent software updates and the services must be able to scale with the growth of the organization.
Sfida numero due: il budget In altri casi, la trasformazione digitale non incontra resistenze, perché c’è la spinta dal basso: è l’utente che chiede di modificare un processo e introdurre innovazione. C’è anche un impatto sul modello di business, perché nella supply chain una buona reputazione sul fronte cyber crea fiducia e genera ricavi”.
For example, McKinsey suggests five metrics for digital CEOs , including the financial return on digital investments, the percentage of leaders’ incentives linked to digital, and the percentage of the annual tech budget spent on bold digital initiatives.
The certification covers high-level topics such as organizational structure, budgeting, managing risk, monitoring and assigning deliverables, communicating with remote teams and executives, and managing complex large-scope projects.
CIO is the most visible person managing such risks. However, it should be the whole leadership failure: Board Responsibility : Board Members are still not setting top-level policies and reviews of security budgets to help protect against breaches and mitigate financial losses.
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