CEOs are feeling the pinch of uncertainty that comes with switching from traditional profit-based models to environmental changes, according to a recent Gartner survey. This means executives must think beyond their standard processes and invest more in innovative solutions designed to address ESG demand and meet sustainability goals.
In other words, organizations need a sustainable technology framework that is forward-thinking, efficient, and effective to maximize the potential of their processes. At its core, this new framework seeks to increase IT services' energy and material efficiency. It also enables enterprise sustainability through technologies such as traceability, analytics, renewable energy, and AI, and helps customers achieve their own sustainability goals.
A commitment to this kind of sustainable technology revolutionizes a business’s data-driven practices - setting it up for success in a more competitive marketplace now and into the future.
In these uncertain economic times, finding sustainable growth solutions has become a priority for CIOs. Such an approach starts with responsible investment and risk management that includes resilient cybersecurity protocols. This is an efficient but imperative method to ensure safe and flexible growth for businesses over the long term.
Organizations must dedicate responsible investments to ensure financial and sustainable outcomes for their stakeholders - products that grant competitive advantages by ensuring no harm to the process. Cybersecurity must remain a key element, providing robust protection while still enabling progress toward these outcomes. Thus, it is up to executive leadership in technology to enact these changes to provide long-term performance; companies' future depends on it!
How to revolutionize work with IT?
CIOs now have an incredible opportunity to revolutionize work using sustainable IT, an important factor in retention, recruitment, employee engagement, and high performance. According to Tina Nunno, a VP Analyst at Gartner, "only 31% of personnel said that they have the tech requirements they need." This shows that there is a gap between employer needs and what their current IT solutions offer.
To make their organizations attractive to employees of choice and create a successful performance for the organization going forward, CIOs should focus on three force multipliers:
Eliminate the hassle of daily tasks
Work-life should be designed to be as frictionless as possible, and too many friction points can have detrimental effects on employee activity and retention rates. Investing in encouraging digital skills amongst your employees can go a long way in removing these obstacles, enabling them to become more productive and engaged with their work environment. Working at an organization with technologies that are up to date and encourage smooth workflow can inspire individuals in teams to think outside of the box. They also develop better strategies for reaching their goals and prepare them for performance in the years ahead.
Make aggressive investments in AI augmentation
Investing in AI augmentation is key to creating sustainable performance and should be a priority for organizations. Equipping employees with the right tools and technologies empower them to generate greater impact. When incorporating AI into your workflows, each employee's reach, range, and capabilities can be greatly amplified. When organizations transition towards the workforce of the future, where AI is seamlessly integrated into daily operations, you need to ensure that employees are given access to the best tech available. Doing this will facilitate more rapid and effective progress in achieving tangible results for any business.
Try something that is both popular and talked-about
Organizations that experiment with today's highly visible and hyped technologies will be in an advantageous position. With technology at the center of most corporate culture, embracing digital experiences will help to drive innovation. As an example, by investing in an intraverse – a cyber office that involves metaverse technologies for immersive meetings. Combining employees to collaborate and accelerate the innovation process is possible. According to Gartner, these types of meeting technologies show no signs of plateauing on their Hype Cycle curve in the next 5 to 10 years. Companies that recognize this potential early on and invest accordingly will benefit from attracting talent interested in staying ahead of their respective packs.
Importance of Resilient Cybersecurity
Cybersecurity is no longer simply a technical issue but a business risk that requires strategic planning and smart investments. During these unprecedented times, organizations must ensure their cybersecurity practices are resilient and effective to remain competitive in the digital world of increasing risks and threats. Leveraging the importance of cyber resilience can protect an organization's online presence and enable them to foster sustainable growth amidst the volatility of today's digital landscape. Companies must prioritize investing in robust security solutions that allow them to stay agile, prepared, and informed regarding potential cyber threats. Making this investment now is key for successful businesses in the future.
For example, to guarantee your organization's success, establishing a comprehensive attack surface management plan is essential. The most effective method to begin this process is through external attack surface management (EASM). This innovative technology helps you gain an insight into the potential threats of any vulnerable external-facing assets in your network and also ensures they are secured from possible dangers.
You should also consider implementing a software composition analysis to give you better visibility into any supply chain vulnerabilities to identify them as soon as possible.
Also, by prioritizing their most crucial business objectives, organizations will position themselves for success. Companies can create plans to guarantee their systems sustain correctly functioning processes, including production, sales, and public engagement. These strategies are formed by recognizing the technology dependencies that relate directly to their goals and objectives.
With this approach, businesses will be well-positioned to create competitive advantages, remain resilient in the face of disruption or security threats, and deliver on customer expectations. Ensuring technological solutions are tailored to coincide with key business outcomes is a powerful approach that enables organizations to protect their most valuable assets inside and outside the enterprise walls.
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