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 »
Mid-Market CIO Panel: Tips and Techniques for Improving Vendor Relationships
July 15, 4:00 PM - 5:00 PM U.S./Eastern (GMT-4)
We'll highlight relationship priorities and best practices identified in a Council study, and we'll interact with a CIO panel on the approaches they've used to improve strategic vendor partnerships.
Secrets of Successful Vendor Contract Negotiations for the Mid-Market
Sept. 10, 2009, 11:00 AM - 12:00 PM U.S./Eastern (GMT-4)
On this free public Council teleconference, Matthew A. Karlyn, attorney at Foley & Lardner in Boston, will share tips on negotiating tactics and new, creative contract terms to help mid-market CIOs make better deals.
Executive Competencies Assessment Tool
Assess Your Business Leadership Skills with the Council's new benchmarking tool. Rate yourself in change leadership, strategy, customer focus and more.
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April 01, 2002 — CIO —
YOU JUST FINISHED DEVELOPING the technology strategy for your company. It took months of research and hard thought. But today a headline negated all that effort, revealing new circumstances that make your strategy all but useless. Wouldn’t it be nice if strategies took one minute to develop and years to become outdated, instead of the reverse? How can we plan in an environment that is changing as fast as the proverbial speeding bullet?
Lots of things can change in the course of developing a strategy?vendors, technologies, business conditions?but plan we must. As the old saying goes, If you don’t know where you’re going, any road will do. Organizations need strategies; the trick is to make them as enduring as possible. Here are a few suggestions.
Gone are the days when a one-time effort every two or three years produced the desired result. Strategy development and review must be included in your day-to-day management process. Most companies have mastered the ongoing review of strategy execution; now they must internalize the ongoing review of the environment, critical assumptions and competitive threats. When these factors vary in significant ways from what was included in your original plan, changes may be in order?if not for the destination, then perhaps for the route you take to get there. This ongoing review will keep your strategy alive, allowing you to transform it to incorporate current realities.
How many times have you seen beautifully bound strategy books on an organization’s shelves with no evidence of implementation? I call these dust suckers. Any successful strategy must also include plans for communication and execution. In one large company I worked with, there was a never-ending discussion of whether the organization’s main strength was strategy or execution. The discussion was usually presaged by some failure to execute. The organization worked diligently at implementing old programs long after a new strategy had been developed. In fact, that company was skilled in both strategy and execution; what was missing was the linkage of the two through effective communication. Don’t forget those connections.
More than at any other time, the process of developing a strategy is as important as the content. Let’s just focus on one aspect of the process?participation. Have you ever heard the saying, A plan is like a picture of a party; if I’m not in it, I lose interest quickly? Keep this in mind when deciding whom to engage. Whom will you need for execution? Include them in some way. When we were planning the IT strategy at Xerox, I had each of the senior executives spend a day with one of the outsourcing vendors and one of the vendor’s key customers. This created a level of knowledge and ownership that ensured their support when implementation issues arose.