Hard times are definitely here. By this time everybody in IT-land has done the obvious: frozen maintenance where possible, put off hardware and software upgrades, outsourced where possible, trimmed heads (contractors, consultants, staff), pushed BI/CPM/EPM analytics projects forward, and tuned up data and web resources.
Now is the time to think outside the bunker!
IT needs to consider what will need to be done to nurture the green shoots poking through the nuclear fallout. All of the talking heads and pundits see them ( glowing with radiation or whatever) and the utmost must be done to make sure they survive and grow or we shall all sink into the abyss!
This is the time to double down in IT (poker speak). It is not about heavily hyped Cloud Computing or the latest must-have tech gadget, but about something much more mundane and boring: improving the business process. There, I’ve said it, what could possibly be more boring? It doesn’t even plug-in. In fact (shudder!), it may be partially manual.
Business process is what gets the job done (feeding our paychecks!). Recessions are historically the perfect time to revise and streamline (supercharge ’em!) existing business processes because it allows the company to accelerate ahead of the pack coming out of the recession. In addition, recession acts as something of a time-out for everybody (I only got beatings, no time-outs for me), like the yellow flag during a NASCAR race. When the yellow flag is out, time to hit the pits for gas and tires. Double down when it is slow to go faster when things speed up again, obviously the only thing to do.
How? is usually the question. The best first step is to have existing business processes documented and reviewed. Neither the staff involved driving the process at the moment nor the business analysts (internal or consultants) are that busy at the moment. That means any economic or dollar cost of doubling will be minimized under the economic yellow flag. The second step is to look for best practice, then glance ouside-the-box to maximize improvement. The third step is to look for supporting technology to supercharge the newly streamlined business process (I knew I could get some IT in there to justify my miserable existance!).
Small and medium businesses get the biggest bang for the buck (just picture trying to gas and change the tires on the Exxon Valdez at Daytona) with this strategy. This process allows SMBs to leapfrog the best practice and technology research the Global 2000 have done and cut to the chase without the pioneer’s cost (damn those arrows in the backside hurt!). Plus implementation is cheaper during recession ( I love to be on the buy-side). The hardware, software, and integration guys have to keep busy so they cut prices to the bone.
The way forward is clear, IT only needs to lead the way, following is kind of boring anyway.