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Get help, especially if you need a new vision. Other executives not invested in the project can help you think beyond the existing business plan. Are there companies with the same problems? Find out how they are solving them. Consider ventures with these companies or vendors. Change your mind-set from "How much do I need?" to "How little can I do this with?"
Communicate. Develop communications to explain changes. Be open and truthful. Don't let rumours beat you to the punch. If appropriate, align the new plan with the business strategy that changed. Above all, be positive. Sometimes things happen for the best. That necessary change could turn out to be an advantage.
Wimp not. One of the truisms I discovered in my career was that it is harder to kill a failing project than to let it drift along. So it takes courage to show the flexibility to adapt to emerging environmental issues. There will surely be some who will criticise change - maybe even the same people who were grumbling in the hallway about the lack of progress. Keep your focus on what's possible. When success is on the horizon, the grumblers will begin to take credit! I have one caution: Flexibility is not a strategy you can invoke too often without earning the "Flavour of the Month" award.
Build in flexibility. Because this world we live in is ever-changing, it's wise to build as much flexibility and agility into your business plan as you can. That will help obviate the need to make dramatic changes frequently. A sound start is to know your environment and fit the solution to the problem. Avoid being a solution in search of a problem - the "Johnny One-Note" phenomenon. I once observed a new employee try to apply a solution he had utilised successfully in his previous company: Buy a well-known software package, install it with no modifications, and change all business processes to fit the package design. Unfortunately, the size, complexity and cultures of the two companies were very different. It resulted in a very costly, painful failure for the company and the individual.
Create a range of alternative plans that fit different scenarios. Build into them the triggers that will cause a shift in strategy when the circumstances match a different scenario. Conduct regular reviews in which the original assumptions are retested for relevance. It is changes in these assumptions that will be the leading indicators of a changing environment.
Since funding is frequently the most volatile factor in planning, develop upscale and downscale versions of your business plans. Align the features of a plan with a minimum investment figure and time line. That will be the lowest level of implementation that can succeed. Then outline the enriched version with its investment level and time line. This will force you to think through the ramifications of having to downscale before it becomes an emergency. It can also preclude falling into the trap of getting approval for an enriched business plan but not the funding to support it.
Remember that in today's world, success is not about being the greatest thinker but about who can get things done. Oliver Wendell Holmes said it best: "Greatness is not in where we stand, but in what direction we are moving. We must sail sometimes with the wind and sometimes against it - but sail we must, and not drift, nor lie at anchor."
Before retiring in 1999, Patricia Wallington was corporate vice president and CIO at Xerox. She is now president of Florida-based CIO Associates
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- White PaperWhat you don’t know can destroy your business. It’s hard to imagine modern business without the internet but in the last few years it has become fraught with danger. Read on to discover how internet security can give your business a competitive advantage.
- White PaperJoin industry expert Bob Spurzem and Chuck Arconi of Fox Hollow to discover how to reduce Exchange total storage and keep it at a manageable level. Learn how Exchange storage growth can be contained without sacrificing security and accessibility.
- White PaperLearn to tie virtualized computing to virtualized storage, to offer a dynamic set of capabilities within the data centre and create improved performance and system reliability. Discover how best to utilize EMC Celerra in a VMware ESX environment.
Discover how SOA can create smarter outcomes for your business.
Attend and learn:
- How SOA is helping leading companies to become more agile
- Where you should be applying SOA processes in your company
- The top SOA implementation mistakes to avoid
Click here for more information.
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CIO Live Podcast #79: Brent D Taylor, author of The Outsider's Edge: The Making of Self-Made Billionaires Part II 05 October, 2007 06:00:00
For his new book, The Outsider's Edge: The Making of Self-Made Billionaires, social researcher Brent D Taylor spent four years of intensive research investigating the psychological make-up and backgrounds of some of the world's richest men and women, including IT luminaries Bill Gates, Larry Ellison and Steve Jobs. Taylor discovered that, despite working in different industries and coming from different upbringings, they all have one thing in common -- they are all outsiders. - +
CIO Live Podcast #78: Brent D Taylor, author of The Outsider's Edge: The Making of Self-Made Billionaires 28 September, 2007 17:34:25
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CIO Live Podcast #77: Panasonic Speeds Up Trans-Pacific File Transfers, Part III 21 September, 2007 07:00:00
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CIO Live Podcast #76: Panasonic Speeds Up Trans-Pacific File Transfers, Part II 14 September, 2007 07:00:00
Part two in our three-part special report from CIO's sister publication Network World in the US, as Paul Desmond reports from the Network World IT Roadmap Conference in Santa Clara, California. With development teams in the US and Japan, Panasonic needed a more efficient way to move very large files between the two locations. Iben Rodriguez, IT consultant for Panasonic Research and Development, explains how a storage-area network and virtual server technology helped speed up WAN performance. - +
CIO Live Podcast #75: Panasonic Speeds Up Trans-Pacific File Transfers, Part I 07 September, 2007 07:00:05
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Data breaches rose sharply in 2008, says study 08 January, 2009 08:27:00
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Rogue SSL certificate exploit puts VeriSign on the spot 07 January, 2009 11:04:00
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5 ways to secure your Blackberry 18 December, 2008 12:58:00
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Wireless VPNs: Protecting the wireless wanderer 18 December, 2008 11:04:00
Employees sipping café Java over their wireless laptops may think a VPN makes them safe and secure. With careful configuration, there's some chance they're rightEmployees sipping café Java over their wireless laptops may think a VPN makes them safe and secure. With careful configuration, there's some chance they're right.
Research software developer appoints Susan Dart to new Business Development Director role 08 January, 2009 09:08:00
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Anyware Introduce Two Powerful PCI TV Tuner Cards with S5 Power Up and Windows Media Center Remote 07 January, 2009 17:30:00
Fortinet Cures Mobile Phone “Curse of Silence/CurseSMS” Attack 07 January, 2009 16:30:00
SEAGATE SHIPS DESKTOP HARD DRIVE WITH WORLD’S HIGHEST AREAL DENSITY – 500GB PER DISK 06 January, 2009 15:34:00
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Business Intelligence and Enterprise Performance Management: Trends for Emerging Businesses
Hyperion surveyed 163 companies to understand BI and EPM requirements, evaluation processes, and extent of adoption. Top areas of current and future investment for emerging businesses include budgeting and planning as well as management reporting solutions. Read on to discover more.










