CIOs Need to Build Strength to Seize the Opportunity in a Crisis

by ajin_20009 on 2009-07-29 11:00:50

During economic downturns, CIOs need to be proactive in preparing for economic recovery in order to gain a competitive edge.

Perhaps you think that the current economic crisis has no end in sight, but in reality, every crisis eventually comes to an end—it’s just a matter of time. Over the past several years, economic crises have had profound impacts on many companies: projects put on hold, layoffs, and IT projects scaled back…

However, since the beginning of this year, signs of economic recovery have gradually emerged: rising stock markets, increased purchasing power for housing and automobiles… although unemployment rates remain stubbornly high. In this context, what CIOs need to consider most is what measures they should take to lead their companies out of recession ahead of others.

Regardless of how long the economic recovery may take, now is the time to take action. This article will introduce seven key factors for CIOs to consider when developing corporate recovery plans. IT development planning needs to be carefully…