Monthly Archive:: May 2022
Spiking Attrition Impact on IT and Engineering Services
On May 31, 2022 In Thought Leadership
A year ago, I blogged my predictions about the acute IT and engineering talent shortage busting budgets and explained the situation would get worse in 2022. We’re there now, and wages and attrition are spiking at enterprises and at third-party service provider firms. In this current blog, I want to share what executives need to know
Managing Technical Debt From Legacy Systems Not Moving To Cloud
On May 24, 2022 In Thought Leadership
In recent blogs about the legacy technical dilemma and strategic decisions in managing legacy IT, I advised that companies need to reconcile themselves to the fact that they will continue to have significant legacy estates that will take a long time to move to the cloud and, therefore, will have legacy technical debt for
Hiring Advice in Light of Potential Recession
On May 16, 2022 In Thought Leadership
Although companies are experiencing growth now, the signs are clear that a US recession is coming and likely will be upon us within a year. The Fed is starting to take measures to reduce liquidity and raise interest rates. Typically, recessions cause companies to pivot from their growth agendas into cost-saving agendas – including
Strategies to Expand Labor Pools Today and in a Recession | Blog
On May 10, 2022 In Featured, Thought Leadership
In today’s hot labor market, with a difficult gap between talent demand and available resources, companies must try to widen the area where they can recruit workers, and hunt for labor pools in new, smaller markets. Google and other tech companies are reaching out to labor markets on the West Coast and in small
Invest to Grow or Invest in Efficiency? | Blog
On May 3, 2022 In Featured, Thought Leadership
Most IT technology in organizations focuses on helping to improve the efficiency of the organization. However, as digital transformation takes hold, we can now see that a significant portion of these new IT investments focus on building technology platforms that allow organizations to compete for customers. These new “growth-focused” investments behave differently than their