A Case of Leadership Deficit Disorder
The headline read "Companies Squander Billions on Tech." It is not often such headlines make the front page of USA Today, yet there it was big as life onHow can this be? The reasons given for this waste included poor implementation, underestimation of time and effort needed to make technology work and CEOs authorizing investment without clear and measurable improvement goals.
In essence, CEOs had given a virtual blank check to IT over the past few years to implement technologies that subsequently failed to deliver the value promised (most likely because the value was never defined). Now the backlash is that CEOs have backed away from IT spending to the extreme; another blunder which is stifling the country's economic recovery.
In the early 1980s, such a story would not have surprised me in the least. But this is 2002. As I read the story I could no longer suspend my disbelief. I found myself asking, "When will CEOs become technology savvy?" When will they stop abdicating organizationally altering decisions to those who, by their own lament, don't understand the needs of the business? When will CEOs become and be held accountable for their inability to lead?
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"Seriousness is the only refuge of the shallow." - Oscar Wilde |




