World of hurt if CIOs fail to think globally

My latest feature for shows how major economic growth projected for regions such as Southeast Asia will reshape the technology models companies adopt and transform the role of CIO itself:

Economic recovery usually leads to an upsurge in investment in Western economies as businesses aim to start growing again. This time it is different, says esure head of IT and operations Mark Foulsham.

Two years after the UK recession of 2009, Foulsham believes the recovery is much slower than might have originally been expected. Proof comes in the form of economic indicators, with the Office of Budget Responsibility downgrading UK growth projections for 2011 on three occasions from a high of 2.6 per cent to a current expectation of 1.7 per cent.

The slower rate of growth leads Foulsham to suggest that CIOs need to think differently about the mix between new investments and existing resources. But he believes there are big opportunities forĀ technology leaders who can think about intelligent ways to grow the business through smart IT.

To read the rest of the feature, please click here.

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