Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
Public Council Teleconference: Application Rationalization — Hidden Costs and Smart Decisions
November 17 at 11:00 am US/Eastern (GMT-5)
Join Honorio Padrón, of The Hackett Group, who will share the drivers for companies to tackle application rationalization and the results of research that define the hidden cost of complexity. Additionally, we will discuss key decision milestones—to start or not, holding the course steady and fulfilling expectations.
Virtual Desktop Cost-Benefit Analysis — Michael Jacobs, Catlin Group
The analysis contained in this presentation measures the cost of everything from the machines and licenses to the infrastructure for virtual vs. traditional desktop environments.
Honor your best senior team members - Apply for the CIO Ones to Watch Award
Get well-earned public recognition for your top up-and-coming team members, your IT organization and your enterprise. Award winners will be announced, publicized and feted in May 2010, great timing to help attract new IT recruits to your company.
Learn more about the CIO Executive Council »March 07, 2006 — CIO —
News coming from Washington these days reflects the discord of politicians arguing over issues from judicial nominations to Social Security. Civility and collaboration among political adversaries greased the wheels of the American political process for much of the 20th century. No longer! Given the polarity of the American electorate, compromise has come to be equated with selling out. Comity between adversaries has gone by the wayside
By contrast, business demonstrates in many ways how to prosper through compromise. In a free market society, conceiving, developing and delivering a product or service is filled with hundreds of compromises that balance the needs of the consumer to obtain value with the needs of the producer to make a profit.
Creating Unity
Compromise is not a betrayal of values. It is an agreement over a position where both sides come away with something to their liking. Not every compromise is a good one. General Motors’ compromise with its unions over health and pensions in the late 1990s has resulted in legacy costs today approaching $2,500 per vehicle, which the company can ill afford to absorb. On the other hand, compromise between oil producers and the environmentalists has resulted in the implementation of drilling methods that are more ecologically compatible, in addition to the creation and preservation of natural habitats.
Compromise ensures the common interest, and so is a valuable practice for managers to learn and implement. Why? Because compromise is a means by which the talent and skills of a diverse team can be harnessed for the completion of a project. Compromise ensures that people participate and their collaboration overcomes not only inertia but also resistance. Here are some ways to encourage compromise.
Compromise is considered an art because it does not result from a process diagram or an employee handbook. Genuine compromise emerges from looking to the hearts and minds of your people to find best possible solutions. Ideally, compromise creates win win situations, but not always. Very often the one who compromises the most is the one who has the most to lose. For example, a project manager who is willing step back from the team and allow others to add their ideas, as well as their labor, to make the project come along may sacrifice her own pet ideas for the good of the whole. That is compromise of the highest order. And it is also known by another name – leadership.