Posts Tagged 'recession'

 
Recession on the Horizon; Invest in Agile

Given the current interest rate situation and demand for US currency, the US will see much more business expansion through 2013. Once the world realizes we are not really any better off than Greece (in terms of debt/GDP), we’ll see inflation, business retraction and possible recession. Companies interested in surviving the 2013 – 2018 recession would be wise to invest in going Agile as soon as possible and holding the cash they save in the process to buy out those companies that weren’t so smart. [Editor's Note: This post is part of the annual "Cutter Predicts ..." series, compiled at the Cutter Consortium website.]

 
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In a conversation earlier today with Keith Harrison-Broninski, Keith said something that was just too good not to share: Generally the IT world is starting to bounce back, it seems. Personally I feel that the recession is a welcome opportunity for IT. So much IT investment is done without real business benefit: Name-only BPMS installations for SOX compliance Endless maintenance of sprawling ERP systems that should be ripped and replaced with standardized services Poorly managed infrastructure projects that waste hundreds of millions Government-funded research that never leads to a product Software developers wasting 25% of their time due to poor understanding of fault fixing (I’ve proved and eliminated this on large-scale projects) Etc. One thing …

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Jun 222009
 
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Last December, we asked the Cutter Business Technology Council to provide some advice for surviving the recession. Since there are now some signs that things are beginning to turn around, we thought it would be interesting to see what the Council thinks will be different as we emerge from the recession. The consensus: Post-recovery ? Pre-crash. Here are a few impressions of the future: Tom DeMarco predicts: “In organizations whose decision makers are fear-crazed and vision-free, new IT expenditures will have to be justified largely on offset maintenance cost. Companies that pursue this course will be the best takeover targets in the coming years. Companies that are best at resisting this course will be the ones …

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Mar 312009
 
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Most of the major organizations that I work with have little idea of how fragile their IT architecture is. Most have large numbers of aging core applications that they lack the guts (or resources) to replace. Like the bridges that unexpectedly give way under loads tens of times more than they were designed to carry, these systems are subject to unpredictable behavior. Moreover, the thousands of applications in large organizations are networked in such ways that no one — absolutely no one — can understand the domino effect of any specific failure. But there is good news: The current depression we’re in means that IT groups in most large organizations are going to have limited …

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The unraveling global economy and its effect on our companies and our lives is about the only thing on people’s minds these days. So we asked the Cutter Business Technology Council Fellows for their advice to IT leaders about how to survive during this financial mess. Here are some snippets of what they advised. Tom DeMarco: “Take a deep breath and … reduce salaries. There is an unwritten law in companies that salaries can go up but can never go down. Repeal it. If you’re faced with a mandate to cut personnel costs by, say, 10%, you could do that by laying off 10% of staff. That way all of the pain is absorbed by …

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