3 Common & Costly CIO Mistakes - InformationWeek

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3 Common & Costly CIO Mistakes
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SachinEE
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SachinEE,
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10/19/2014 | 1:39:12 PM
A marriage that doesn't last long
With changing times it is the CIO's duty to be kept informed my marketing and technical analysts about future prospects of a particluar line of project. "Don't fix it if it ain't broke" mentality won't do good here because we've seen how that works out (cite: samsung's declining smartphone sales in the Galaxy lineup).
SachinEE
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SachinEE,
User Rank: Ninja
10/19/2014 | 1:37:01 PM
Re: Left behind while standing still
The only reason why everyone is blaming IT is because it is responsible for the establishment or destruction of an invested technology. Moreover IT's job is hard because they have to cope up with:

1. Market changes

2. Managing problems (IT managers are not the best managers in the world)

3. Communication problems with higher-up individuals.
jagibbons
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jagibbons,
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10/17/2014 | 12:24:18 PM
Left behind while standing still
As Ray Croc said, "When you're green your growing. When you're ripe, you rot." This speaks directly to the first point of being married to a technology for too long. Too many folks without a strong business and finance background simply don't understand the concept of sunk costs. What you've already spent is a fraction of the costs of continuing to use a tool or technology that doesn't provide value. Experiment to find better solutions. Test those solutions regularly and ask the question, "Is there something out there that will do this better?" If you stop moving forward, the rest of the world will pass you by and you'll end up behind. IT has got to learn how to become the technology leader and trusted advisor within the enterprise.
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