Managing IT in economic downturns - Part 3: Maxims to drive IT thinking and actions in 2009 (management and people domains)
Conclusion: Nothing concentrates the mind of an organisational leader more than knowing that in all probability, in 12 months time the organisation will be smaller, or perhaps will not exist at all in its present form. In these circumstances, C-level executives will be measured like never before on their ability to contribute to their organisation’s survival. For the CIO, ongoing 360 degree appraisals whether applied formally or informally, will become commonplace. Senior executives and boards will want to know whether the CIO is made of ‘the right stuff’1 to manage through uncertainty. Staff will be seeking leadership with clear messages about what the future holds for the organisation and the individuals within it. As a consequence, CIOs driven by organisational and career survival will need to adopt new ways of leading and managing.