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The 8 new rules of IT leadership — and what they replace

CIO

Here, veteran CIOs, researchers, and advisers share the changes theyre seeing, offering a look at the new rules of IT leadership along with the old ones theyve replaced. But I remind tech leaders that one of the biggest line items in any organization is the IT budget.

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Banks bet on AI to deliver digital efficiencies

CIO

In the face of shrinking budgets and rising customer expectations, banks are increasingly relying on AI, according to a recent study by consulting firm Publicis Sapiens. Depending on how far banks are developed in the areas of customer leadership and operational leadership, the study’s authors divided the banks surveyed into four groups.

Banking 211
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Overcoming the 6 barriers to IT modernization

CIO

Budget constraints Barrier: IT modernization requires substantial investment, and budget constraints are a common hurdle. Solution: To address budget constraints, organizations should adopt a strategic approach to funding IT modernization. Contact us today to learn more.

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Companies look to sell off assets to pay for AI investments

CIO

Until now, many companies have cut costs in other areas, laid off staff, or raided the budgets of other departments to pay for AI projects. If you look at 23 and 2024 you had a lot of budget increases, you had a bunch of layoffs over the last couple of years, and not something thats sustainable.

Company 193
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Essential steps to maximize ERP project success

CIO

ERP failures can cost millions, tarnish reputations, and even trigger leadership changes. With the majority of ERP programs running significantly over budget, its time for C-suite leaders to rethink their role. Insufficient oversight increases the likelihood and magnitude of budget overruns and project delays.

Budget 126
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6 ways you’re failing at change management

CIO

Such individuals need to be inspired, encouraged, and supported by leadership, he advises. This is a missed opportunity to increase credibility for the project and IT team, build collaboration across internal IT and/or business-engaged processes, and bolster the teams ability to deliver on time, on budget, and in-scope initiatives.

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IT leaders adjust budget priorities as economic outlook shifts

CIO

Budget planning during uncertain economic times is never CIOs’ favorite activity. For the most part, budgets are holding steady or growing in the single digits, with continued investments in security, analytics, and the cloud, among other areas. But the next eighteen months aren’t shaping up to be as challenging as some may fear.

Budget 197