Guessing is not a strategy: How to build decision velocity with AI and real-time data
June 10, 2026 | Live Webinar
Do More With Less
Ty is a work management evangelist; "accidental" project manager and marketing veteran with over 25 years of experience.
“Not a single day should go by without some kind of improvement being made somewhere in the company.” — Edward Deming
Continuous improvement in any market is the life-blood of a successful organization — improving processes and increasing efficiencies are even more important if the economy heads south. Recent developments in financial markets have many organizations tightening their belts. However, not too long ago, organizations were forecasting an increase in their IT budgets for next year. Back in June, the Society for Information Management polled 300 IT executives about their plans for IT spending in 2009; and found 44 percent were planning for bigger budgets and 43 percent were planning to increase staffing.
Fast-forward a couple of months from June, after the failure of financial markets all over the world, and the CIO Executive Board discovered a different attitude. According to CIO’s Denise Dubie (2008), “The late September survey of some 50 CIOs by the association for IT executives showed that more than half of those polled have put nonessential projects on hold and about one-fourth have decided to freeze IT hiring. And 61 percent of those surveyed admitted they were re-evaluating their IT budgets.”
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Information is not knowledge, - Frank Zappa |